According to the latest report by IMARC Group, titled “Guar Gum Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global guar gum powder market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to reach a volume of 1.36 Million Tons by 2026, exhibiting moderate growth during the forecast period (2021-2026).
Guar gum powder refers to a fine-textured powder obtained from the endosperm of guar seeds. The powder has high water miscibility and excellent thickening capacity and is commonly used as a stabilizing, emulsifying, suspending, and binding agent in food and beverages, creams, lotions, tablets, etc. It also helps relieve diarrhea, constipation, irritable bowel syndrome, high cholesterol, high blood pressure, etc. Owing to this, guar gum powder is extensively utilized across several industries, including pharmaceutical, food and beverage, cosmetics, personal care, etc.
The growing consumer awareness towards various health benefits associated with guar gum powder, such as improving glucose tolerance and reducing serum low-density lipoprotein (LDL) cholesterol and triglycerides, is escalating its demand in the pharmaceutical sector. This is one of the primary factors contributing to the global market growth. Moreover, guar gum powder is also being increasingly used in the expanding food and beverages industry to prepare sauces, salad dressings, frozen food items, dairy products, bakery and confectionary items, etc. Additionally, the rising utilization of guar gum powder in the textile industry to thicken dye solutions for more sharply printed patterns is also propelling the market growth. Furthermore, the extensive applications of guar gum powder in petroleum extraction, especially in the area of hydraulic fracturing as an effective gelling agent, is further anticipated to drive the market growth over the forecasted period.