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Europe Bean Gum Market By Type (Guar Gum, Locust Bean Gum, Gum Arabic, Tara Gum, Gellan Gum And Other Gum), By Application (Fruit Juices, Soft Drinks, Bread And Pastry, Baby Foods, Confectionaries, Ice Creams And Other Foods), By End Users (Food And Beverages, Pharmaceuticals, Paper, Textile, Cosmetics And Oil Drilling Fluids), By Function (Stabilization, Texturing, Coating, Gelling And Fat Replacer), - By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2022-2027)

Published: January, 2022
ID: 2985
Pages: 145

Europe Bean Gum Market Growth and Forecast (20222-2027):

The Europe Bean Gum Market was valued at US$ 1.76 billion in 2022 and is predicted to grow at US$ 2.35 billion by 2027 with an increasing CAGR of 5.78% during 2022-2027.

Europe Bean Gum Market Scenario:

Bean gum are food additives that are utilized in a variety of ways in order to suit customer demand, including as stabilizers, thickening agents, texture modifiers, fat replicators, and sizing agents. Locust Bean Gum, for example, can be used as a chocolate substitute because it tastes extremely similar. They can be used as fat substitutes since they take the place of fat in diet. They are used to enhance the flavor of cigarettes. To obtain the required particle size or grade, bean gum powder is treated and filtered. Bean gum producers are concentrated in the Mediterranean region and export to global markets because carob is mostly found there. Bean gum is widely utilized as a food additive as well as in other industries such as pharmaceuticals and textiles.

Bean gum's popularity has grown as a consequence of its enhanced properties as a result of combining it with carrageenan and xanthan to create a stable gel structure. Bean gum prevents ice cream from forming, hence it's used in the production of ice cream as a stabilizer to keep it from melting too quickly. Bean Gum is suited for usage in a wide range of pH and is used in both neutral and acidic systems due to its nonionic nature. Bean gum is a chocolate-flavored polysaccharide that adds sweetness to food and can be used in place of chocolate.

Recent Developments in Europe Bean Gum Industry:

  • DuPont Nutrition & Health (DuPont) has announced a global price increase for its GRINDSTED brand locust bean gum (LBG), which is part of the DuPontTM Danisco portfolio, starting November 1, 2017, or as contracts allow.

Europe Bean Gum Market Drivers and Restraints:

The Bean gum industry need is expected to be fueled by the introduction of gluten-free alternatives such as silicon fibre and chia seeds. Furthermore, a drop in prices has had an impact on overall demand for oil and gas exploration activities around the world. The European Commission has just issued a warning concerning excessive use in light of the presence of dioxin, which weakens the safe framework. Week after week, massive stock constraints could limit development sooner rather than later. Bean gum is commonly used as a thickening, stabilizer, gelling and emulsifying agent in the food and beverage sector. Bean gum is classified as an emulsifier code E410 all over the world. Bean gum also acts as a water binder, inhibiting food synergy. Furthermore, the absence of gluten in Bean Gum has raised demand for healthful foods. Furthermore, Bean Gum's organic nature provided an alternative to artificial foods, helping to boost demand for natural food additives. Bean Gum is used in the oil business to thicken the final product.

Bean gum is used as a thickening and finishing agent in the textile and paper industries. The food business will largely control the Europe bean gum market. The expansion of the worldwide bean gum market is expected to be accelerated by increased penetration of this product in the pharmaceutical industry. Furthermore, the ageing population and the rise in the spread of non-communicable diseases are propelling the pharmaceutical business forward, boosting the use of bean gum products. Raw resources, demand, and supply costs all influence product prices. Several basic elements influence demand and supply, including the availability of alternatives, current market trends, and consumer industry growth. Variations in item costs are also influenced by future strategy approaches and current exchanges for the time being.

The Europe bean gum market is widely used in a variety of industries, including paper, food and beverage, oil and gas, pharmaceutical, mining, and textiles, and is expected to grow rapidly in the next years. Guar gum is a key consumer in the oil and gas industry, which boosts Europe bean gum market growth. Changes in consumer lifestyles and rising consumption of prepared foods in developing nations are further propelling the sector. In the future years, the market will be accelerated by the rapid growth of the pharmaceutical industry and the advent of technological improvements.

Due to a reliance on sufficient rain harvests, the market is experiencing production difficulties and inconsistencies. One of the main causes of product price changes is uncertainty in raw material availability, which can lead to other economically feasible options in industries like food processing and textiles. Soybeans, on the other hand, are seasonal trees with little demand, limiting the European growth of the guar gum market.

Europe Bean Gum Market Segmentation Analysis:

By Type:

  • Guar Gum
  • Locust Bean Gum
  • Gum Arabic           
  • Tara Gum
  • Gellan Gum          
  • Other gums

Based on type, locust bean gum is anticipated to dominate the Europe bean gum market during 2022-2027 because many commercial items employ locust bean gum, a natural, plant-based, vegan food thickener. Fiber is the main component. When added to formula, it helps prevent reflux in newborns and may improve blood fat and blood sugar levels.

By Application:

  • Fruit Juices            
  • Soft Drinks            
  • Bread and Pastry
  • Baby Foods           
  • Confectionaries  
  • Ice Creams            
  • Other food items

Based on application, ice creams are predicted to propel the Europe bean gum market forward. It's mostly used in ice cream as a stabilizer to boost mix viscosity and prevent ice and lactose crystal development during storage, especially during times of temperature change.

By End Users:

  • Food and Beverages          
  • Pharmaceuticals 
  • Paper      
  • Textile     
  • Cosmetics
  • Oil drilling fluids   

Bean gum is commonly used as a thickening, stabilizer, gelling and emulsifying agent in the food and beverage sector. Bean gum is classified as an emulsifier code E410 all over the world. Bean gum also acts as a water binder, inhibiting food synergy. Bean gum prevents ice cream from forming, hence it's used in the production of ice cream as a stabilizer to keep it from melting too quickly. Bean gum is a chocolate-flavored polysaccharide that adds sweetness to food and can be used in place of chocolate. Furthermore, the absence of gluten in Bean Gum has raised demand for healthful foods. Furthermore, Bean Gum's organic nature provided an alternative to artificial foods, helping to boost demand for natural food additives.

By Function:

  • Stabilization           
  • Texturing
  • Coating   
  • Gelling    
  • Fat replacer   

Based on function, the stabilization is predicted to hold the largest segment in the Europe bean gum market during the forecast period because these helps in controlling the ice crystal structure in order to avoid heat shock.

Regional Analysis:

The Europe Bean Gum Market Report includes the segmentation of countries:

  • U.K
  • Germany
  • France
  • Russia
  • Spain

Bean gum is widely used in the food processing industry in the European Union. The weight-loss advantages of this product are expected to drive up demand in this industry. Despite unsatisfactory exploration findings and a lack of investment in the oil and gas sector, exploration drilling is likely to restart in Europe in 2018, boosting product consumption.

Impact of COVID-19 on Europe Bean Gum Market:

The Europe bean gum market sales have been declined due to the imposture of the lockdown across the world due to the occurrence of the COVID-19, which further resulted in the decreased workforce and supply chain disruptions.

Key Players listed in the Europe Bean Gum Market:

The companies covered in the report:

  • Cargill                           
  • Kerry group              
  • Scalzo Food Industries                         
  • LBG Sicilia ingredients                          
  • G Araouzos & Son                  
  • Ceamsa                      
  • TIC Gum Incorporation                        
  • CP Kelco                     
  • Fiberstar                    
  • FMC Specialty Chemicals         

 

1. Introduction                          

          1.1 Market Definition                 

          1.2 Scope of the report              

          1.3 Study Assumptions              

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                     

          2.1 Analysis Design         

          2.2 Research Phases                  

                   2.2.1 Secondary Research 

                   2.2.2 Primary Research     

                   2.2.3 Data Modelling        

                   2.2.4 Expert Validation     

          2.3 Study Timeline           

3. Report Overview                    

          3.1 Executive Summary              

          3.2 Key Inferencees         

4. Market Dynamics                   

          4.1 Impact Analysis         

                   4.1.1 Drivers

                   4.1.2 Restaints      

                   4.1.3 Opportunities

          4.2 Regulatory Environment                 

          4.3 Technology Timeline & Recent Trends                

5. Competitor Benchmarking Analysis                      

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis        

                   5.1.2 Products/Service     

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape              

          5.3 Joint Ventures & Collaborations                

6. Market Segmentation                       

          6.1 Bean Gum Market, By Type             

                   6.1.1 Guar Gum     

                   6.1.2 Locust Bean Gum    

                   6.1.3 Gum Arabic   

                   6.1.4 Tara Gum     

                   6.1.5 Gellan Gum   

                   6.1.6 Other Gum    

                   6.1.7 Market Size Estimations & Forecasts (2022-2027)      

                   6.1.8 Y-o-Y Growth Rate Analysis        

                   6.1.9 Market Attractiveness Index        

          6.2 Bean Gum Market, By Application             

                   6.2.1 Fruit Juices    

                   6.2.2 Soft Drinks   

                   6.2.3 Bread And Pastry     

                   6.2.4 Baby Foods   

                   6.2.5 Confectionaries      

                   6.2.6 Ice Creams    

                   6.2.7 Other Foods  

                   6.2.8 Market Size Estimations & Forecasts (2022-2027)      

                   6.2.9 Y-o-Y Growth Rate Analysis        

                   6.2.10 Market Attractiveness Index       

          6.3 Bean Gum Market, By End Users               

                   6.3.1 Food And Beverages

                   6.3.2 Pharmaceuticals      

                   6.3.3 Paper  

                   6.3.4 Textile

                   6.3.5 Cosmetics    

                   6.3.6 Oil Drilling Fluids    

                   6.3.7 Market Size Estimations & Forecasts (2022-2027)      

                   6.3.8 Y-o-Y Growth Rate Analysis        

                   6.3.9 Market Attractiveness Index        

          6.4 Bean Gum Market, By Function                 

                   6.4.1 Stabilization  

                   6.4.2 Texturing     

                   6.4.3 Coating        

                   6.4.4 Gelling

                   6.4.5 Fat Replacer  

                   6.4.6 Market Size Estimations & Forecasts (2022-2027)      

                   6.4.7 Y-o-Y Growth Rate Analysis        

                   6.4.8 Market Attractiveness Index        

7. Geographical Landscape                  

          7.1 Regional Bean Gum Market, by Region                

          7.2 Europe - Market Analysis (2022-2027)              

                   7.2.1 By Country    

                             7.2.1.1 UK

                             7.2.1.2 France

                             7.2.1.3 Germany

                             7.2.1.4 Spain

                             7.2.1.5 Italy

                             7.2.1.6 Rest of Europe

                   7.2.2 By Type        

                   7.2.3 By Application

                   7.2.4 By End Users

                   7.2.5 By Function   

8. Key Player Analysis                          

          8.1 Cargill                       

                   8.1.1 Business Description

                   8.1.2 Products/Service     

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis        

                   8.1.5 Recent Developments        

                   8.1.6 Analyst Overview    

          8.2 Kerry group               

          8.3 Scalzo Food Industries                   

          8.4 LBG Sicilia ingredients                    

          8.5 G Araouzos & Son                

          8.6 Ceamsa           

          8.7 TIC Gum Incorporation                   

          8.8 CP Kelco          

          8.9 Fiberstar                   

          8.10 FMC Specialty Chemicals              

9. Market Outlook & Investment Opportunities                   

Appendix                        

          List of Tables         

          List of Figures                 

  1. Europe Bean Gum  Market By Type, From 2022-2027 ( USD Billion )
  2. Europe Guar Gum Market By Region, From 2022-2027 ( USD Billion )
  3. Europe Locust Bean Gum Market By Region, From 2022-2027 ( USD Billion )
  4. Europe Gum Arabic Market By Region, From 2022-2027 ( USD Billion )
  5. Europe Tara Gum Market By Region, From 2022-2027 ( USD Billion )
  6. Europe Gellan Gum  Market By Region, From 2022-2027 ( USD Billion )
  7. Europe Other Gum Market By Region, From 2022-2027 ( USD Billion )
  8. Europe Bean Gum  Market By Application, From 2022-2027 ( USD Billion )
  9. Europe Fruit Juices Market By Region, From 2022-2027 ( USD Billion )
  10. Europe Soft Drinks Market By Region, From 2022-2027 ( USD Billion )
  11. Europe Bread And Pastry Market By Region, From 2022-2027 ( USD Billion )
  12. Europe Baby Foods Market By Region, From 2022-2027 ( USD Billion )
  13. Europe Confectionaries Market By Region, From 2022-2027 ( USD Billion )
  14. Europe Ice Creams  Market By Region, From 2022-2027 ( USD Billion )
  15. Europe Other Foods Market By Region, From 2022-2027 ( USD Billion )
  16. Europe Bean Gum  Market By End Users , From 2022-2027 ( USD Billion )
  17. Europe Food And Beverages Market By Region, From 2022-2027 ( USD Billion )
  18. Europe Pharmaceuticals Market By Region, From 2022-2027 ( USD Billion )
  19. Europe Paper Market By Region, From 2022-2027 ( USD Billion )
  20. Europe Textile Market By Region, From 2022-2027 ( USD Billion )
  21. Europe Cosmetics  Market By Region, From 2022-2027 ( USD Billion )
  22. Europe Oil Drilling Fluids Market By Region, From 2022-2027 ( USD Billion )
  23. Europe Bean Gum  Market By Function, From 2022-2027 ( USD Billion )
  24. Europe Stabilization Market By Region, From 2022-2027 ( USD Billion )
  25. Europe Texturing Market By Region, From 2022-2027 ( USD Billion )
  26. Europe Coating Market By Region, From 2022-2027 ( USD Billion )
  27. Europe Gelling Market By Region, From 2022-2027 ( USD Billion )
  28. Europe Fat Replacer Market By Region, From 2022-2027 ( USD Billion )
  29. U.K. Bean Gum  Market By Type, From 2022-2027 ( USD Billion )
  30. U.K. Bean Gum  Market By Application, From 2022-2027 ( USD Billion )
  31. U.K. Bean Gum  Market By End Users , From 2022-2027 ( USD Billion )
  32. U.K. Bean Gum  Market By Function, From 2022-2027 ( USD Billion )
  33. Germany Bean Gum  Market By Type, From 2022-2027 ( USD Billion )
  34. Germany Bean Gum  Market By Application, From 2022-2027 ( USD Billion )
  35. Germany Bean Gum  Market By End Users , From 2022-2027 ( USD Billion )
  36. Germany Bean Gum  Market By Function, From 2022-2027 ( USD Billion )
  37. France Bean Gum  Market By Type, From 2022-2027 ( USD Billion )
  38. France Bean Gum  Market By Application, From 2022-2027 ( USD Billion )
  39. France Bean Gum  Market By End Users , From 2022-2027 ( USD Billion )
  40. France Bean Gum  Market By Function, From 2022-2027 ( USD Billion )
  41. Italy Bean Gum  Market By Type, From 2022-2027 ( USD Billion )
  42. Italy Bean Gum  Market By Application, From 2022-2027 ( USD Billion )
  43. Italy Bean Gum  Market By End Users , From 2022-2027 ( USD Billion )
  44. Italy Bean Gum  Market By Function, From 2022-2027 ( USD Billion )
  45. Spain Bean Gum  Market By Type, From 2022-2027 ( USD Billion )
  46. Spain Bean Gum  Market By Application, From 2022-2027 ( USD Billion )
  47. Spain Bean Gum  Market By End Users , From 2022-2027 ( USD Billion )
  48. Spain Bean Gum  Market By Function, From 2022-2027 ( USD Billion )

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