Middle East And Africa Carob Bean Gum Market

Middle East and Africa Carob Bean Gum Market Size (2024 to 2029)

Middle East and Africa Carob Bean Gum Market is expected to be worth USD XX million in 2022 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2027. Carob Bean Gum is a food additive which is used as a thickening and a gelling agent.

Carob bean gum, which is commonly referred as Locust Bean Gum (LBG) is a vegetable gum that is extracted from seeds of carob tree. After drying the seeds of carob tree, they are heated to release their natural oils and are ground up into a precipitate known as carob gum. Its powdered form is sweet with a flavour similar to chocolate and used as a substitute to chocolate and also used in cosmetics, cigarettes, and others. The Growth of market is driven by factors like the taste enhancing and thickening properties of Carob Bean Gum, shifting manufacturer and consumer focus towards natural and customized enhances and additives over artificial enhancers. However factors like seasonal availability of carob beans and supply demand disparities due to shortage of resources may hamper the growth of market.

This Research Report on Middle East and Africa Carob Bean Gum Market is segmented and sub segmented into following categories

Middle East and Africa Carob Bean Gum Market By Form

• Powdered 
• Gel

Middle East and Africa Carob Bean Gum Market By Application

• Food 
• Non Food Applications
  • Breakfast cereals
  • Salad Dressings
  • Meat Products
  • Breads
  • Dairy Products

Non Food Applications is further segmented as Cosmetics, Paper products, Shoe polish, Textiles and Others.

Middle East and Africa Carob Bean Gum Market By Region

• UAE
• Israel
• KSA
• South Africa
• Egypt

Based on geographical analysis, the market is divided into regions of Middle East and Africa. Middle East holds the major share in the market due to presence of market leaders as well as extensive use of Carob Bean Gum in the food products and food processing. Middle East is also the fastest growing region due to increasing adoption rate and increasing demand for natural additives and enhancers. Based on Form, Gel form is the most widely used due to extensive use in food processing and textile industry. Based on Application, Food applications occupy the major share in the market due to its use as a thickening agent as well as a sweetener and a chocolate substitute. In the Non food applications textile industry is leading the market while cosmetic segment is expected to grow the fastest.

KEY PLAYERS IN MIDDLE EAST AND AFRICA CAROB BEAN GUM MARKET 

Key Players In Middle East And Africa Carob Bean Gum Market are Scalzo Food Industries, LBG Sicilia ingredients, G Araouzos and Son, Gum Technology Corporation, Ceamsa, TIC Gums Incorporation, CP Kelco, FMC Specialty Chemicals, Fiberstar Inc, Kerry Group, Cargill.