Middle East And Africa Guar Gum Market

Middle East and Africa Guar Gum Market Size (2024 to 2032)

The Middle East and Africa Guar Gum Market is worth USD 50.05 million in 2024 and estimated to grow at a CAGR of 7.12%, to reach USD 86.75 million by 2032. The Middle East and Africa Guar Gum market is developing at an exceptionally quick pace.

The guar plant is aplant known as 'Cyamopsis Tetragonaloba'.  The important source of nutrition to human and animals is the legume, it regenerates soil nitrogen and the endosperm of guar seed is an important hydrocolloid widely used across various industries.

Market Drivers

The significant drivers is the developing oil & gas industry, specially the shale gas industry, which in turn increased the demand for guar gum. Also surge in the growing use of guar gum in wide range of applications, such as oil & gas, food & beverages, mining & explosives, paper manufacturing, pharmaceuticals etc. in developed and developing nations is boosting the industry.

Segmental Analysis

Middle East and Africa Guar Gum Market By Function

• Thickening
• Gelling
• Binding
• Friction Reducing

Middle East and Africa Guar Gum Market By Grade

• Food Grade
• Industrial Grade
• Pharmaceutical Grade

The industrial grade segment is estimated to account for the largest market share in the Guar Gum Market in 2016. It is considered as the one of the most widely used guar gum, owing to its multi-functional properties and its vast applications in the oil & gas, mining & explosives, paper manufacturing etc.

Middle East and Africa Guar Gum Market By Application

• Food & Beverages
  • Bakery & Confectionery Products
  • Dairy & Frozen Products
  • Beverages
  • Sauces & Dressings
  • Others
•  Oil & Gas
• Paper Manufacturing
• Mining & Explosives
• Pharmaceuticals & Cosmetics

Middle East and Africa Guar Gum Market By Region 

• KSA
• UAE
• Israel
• Rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• Rest of MEA

Middle East and Africa has an untapped market and key players are slowly expanding to this region which is the main reason for the growth of market in this region.

Key Players in the Market

Major Key Players in the MEA Guar Gum Market are Jai Bharat Gums & Chemicals Ltd. (India), Neelkanth Polymers (India), Guangrao Liuhe Chemicals Co. Ltd. (China), Lucid Group (India), Hindustan Gums & Chemicals Ltd. (India), Vikas WSP Limited (India), Ashland Specialty Ingredients (U.S.), Ingredion Inc. (U.S.), Altrafine Gums (India), Ruchi Soya Industries Ltd. (India), and Supreme Gums Pvt. Ltd. (India)