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North America 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 (Stabilisation, Texturing, Coating, Gelling And Fat Replacer) And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 2983
Pages: 145

North America Bean Gum Market Growth and Forecast (2022 - 2027):

North America Bean Gum Market was worth USD 2.56 billion in 2021 and estimated to be growing at a CAGR of 5.51%, to reach USD 3.34 billion by 2026. This market is expected to have a high growth in the forecast period due to substantial demand from end-users like textiles, food and beverages based industries, paper and others.

Market Overview:

Bean Gum are food additives which are generally used in foods as thickening agents, texture modifiers, fat replicators, stabilizers and sizing agents so that demand of customers can be addressed. A few varieties like Locust Bean Gum is sometimes used as chocolate replacement since their taste is also very similar. They are used as fat replacers as they can move the fat in foods into water. They are added to cigarettes in order to enhance their taste.

Drivers and Restraints:

The North America market for Bean Gum is primarily driven by factors like changing eating trends, busy lifestyle low price, convenience in using them, rising demand for cholesterol free items by health conscious customers among others. This market is constrained by factors like imbalance between demand and supply due to shortage in resources and very low profits which also will affect its future supplies. These factors are going to hinder the growth of this market in the future.

North America Bean Gum Market Segmentation Analysis:

The North America Bean Gum market is segmented by type into Guar Gum, Locust Bean Gum, Gum Arabic, Tara Gum, Gellan Gum and other gum. By application this market is divided into fruit juices, soft drinks, bread and pastry, baby foods, confectionaries, ice creams and other foods. By end users, the market is divided into food and beverages, pharmaceuticals, paper, textiles, cosmetics and oil drilling fluids. By function they are segmented into stabilisation, texturing, coating, gelling and fat replacer. By end users food and beverages segment has the largest market share owing to their wide spread application in foods. It is followed by paper industry. However, the paper industry is losing its share as Bean Gum are being replaced by other materials. Textile industry is picking up its growth as they are using Bean Gum as sizing agents.

Region Analysis:

Geographically the North America Bean Gum Market is segmented into US, Canada, Mexico and Rest of North America. United States holds the largest market share in this region accounting to over 80 percent. The market is facing challenges in this region since the prices of Beam Gums is on the rise. Canada and Mexico dominate the market in Gelatin and Pectin.

Key Players in the Market:

Major Key Players in the North America Bean Gum Market are

  • CP Kelco
  • Cargill Inc
  • Ashland Inc
  • Kerry Group
  • Hawkins Watts
  • DuPont
  • Royal DSM

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods  

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Guar Gum

                                5.1.2 Locust Bean Gum 

                                5.1.3 Gum Arabic             

                                5.1.4 Tara Gum 

                                5.1.5 Gellan Gum            

                                5.1.6 Other gums            

                                5.1.7  Y-o-Y Growth Analysis, By Type    

                                5.1.8  Market Attractiveness Analysis, By Type  

                                5.1.9  Market Share Analysis, By Type    

                5.2 Application                 

                                5.2.1 Fruit Juices              

                                5.2.2 Soft Drinks              

                                5.2.3 Bread and Pastry  

                                5.2.4 Baby Foods             

                                5.2.5 Confectionaries    

                                5.2.6 Ice Creams              

                                5.2.7 Other food items 

                                5.2.8 Y-o-Y Growth Analysis, By Application         

                                5.2.9 Market Attractiveness Analysis, By Application

                                5.2.10 Market Share Analysis, By Application      

                5.3 End Users                    

                                5.3.1 Food and Beverages           

                                5.3.2 Pharmaceuticals   

                                5.3.3 Paper        

                                5.3.4 Textile       

                                5.3.5 Cosmetics

                                5.3.6 Oil drilling fluids     

                                5.3.7 Y-o-Y Growth Analysis, By End Users           

                                5.3.8  Market Attractiveness Analysis, By End Users  

                                5.3.9  Market Share Analysis, By End Users          

                5.4 Function                      

                                5.4.1 Stabilisation            

                                5.4.2 Texturing 

                                5.4.3 Coating     

                                5.4.4 Gelling      

                                5.4.5 Fat replacer            

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Type

                                                6.1.3.2 By Application

                                                6.1.3.3 By End Users

                                                6.1.3.4 Function

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Type

                                                6.1.4.2 By Application

                                                6.1.4.3 By End Users

                                                6.1.4.4 Function

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Type

                                                6.1.5.2 By Application

                                                6.1.5.3 By End Users

                                                6.1.5.4 Function

                6.2 United States                            

                6.3 Canada                         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services 

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Cargill                            

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                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                    

                8.11 Gum Technology Corporation                          

                8.12 E.I. DuPont De Nemours & Company                            

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures 

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities  

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. North America Bean Gum Market By Type, From 2022 - 2027 ( USD Billion )
  2. North America Guar Gum Market By Region, From 2022 - 2027 ( USD Billion )
  3. North America Locust Bean Gum Market By Region, From 2022 - 2027 ( USD Billion )
  4. North America Gum Arabic Market By Region, From 2022 - 2027 ( USD Billion )
  5. North America Tara Gum Market By Region, From 2022 - 2027 ( USD Billion )
  6. North America Gellan Gum Market By Region, From 2022 - 2027 ( USD Billion )
  7. North America Other gums Market By Region, From 2022 - 2027 ( USD Billion )
  8. North America Bean Gum Market By Application, From 2022 - 2027 ( USD Billion )
  9. North America Fruit Juices Market By Region, From 2022 - 2027 ( USD Billion )
  10. North America Soft Drinks Market By Region, From 2022 - 2027 ( USD Billion )
  11. North America Bread and Pastry Market By Region, From 2022 - 2027 ( USD Billion )
  12. North America Baby Foods Market By Region, From 2022 - 2027 ( USD Billion )
  13. North America Confectionaries Market By Region, From 2022 - 2027 ( USD Billion )
  14. North America Ice Creams Market By Region, From 2022 - 2027 ( USD Billion )
  15. North America Other foods Market By Region, From 2022 - 2027 ( USD Billion )
  16. North America Bean Gum Market By End Users, From 2022 - 2027 ( USD Billion )
  17. North America Food and Beverages Market By Region, From 2022 - 2027 ( USD Billion )
  18. North America Pharmaceuticals Market By Region, From 2022 - 2027 ( USD Billion )
  19. North America Paper Market By Region, From 2022 - 2027 ( USD Billion )
  20. North America Textile Market By Region, From 2022 - 2027 ( USD Billion )
  21. North America Cosmetics Market By Region, From 2022 - 2027 ( USD Billion )
  22. North America Oil filling fluids Market By Region, From 2022 - 2027 ( USD Billion )
  23. North America Bean Gum Market By Function, From 2022 - 2027 ( USD Billion )
  24. North America Stabiisation Market By Region, From 2022 - 2027 ( USD Billion )
  25. North America Texturing Market By Region, From 2022 - 2027 ( USD Billion )
  26. North America Coating Market By Region, From 2022 - 2027 ( USD Billion )
  27. North America Gelling Market By Region, From 2022 - 2027 ( USD Billion )
  28. North America Fat Replacer Market By Region, From 2022 - 2027 ( USD Billion )
  29. United States Bean Gum Market By Type, From 2022 - 2027 ( USD Billion )
  30. United States Bean Gum Market By Application, From 2022 - 2027 ( USD Billion )
  31. United States Bean Gum Market By End Users, From 2022 - 2027 ( USD Billion )
  32. United States Bean Gum Market By Function, From 2022 - 2027 ( USD Billion )
  33. Canada Bean Gum Market By Type, From 2022 - 2027 ( USD Billion )
  34. Canada Bean Gum Market By Application, From 2022 - 2027 ( USD Billion )
  35. Canada Bean Gum Market By End Users, From 2022 - 2027 ( USD Billion )
  36. Canada Bean Gum Market By Function, From 2022 - 2027 ( USD Billion )

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