North America Guar Gum Market

North America Guar Gum Market Size 

The North America Guar Gum Market size was expected to be worth USD 323.46 million in 2024 and is anticipated to be worth USD 628.51 million by 2033 from USD 348.24 million in 2025, growing at a CAGR of 7.66% during the forecast period. The North America Guar Gum market is developing at an exceptionally quick pace. The guar plant is a plant known as 'Cyamopsis Tetragonaloba'.  An important source of nutrition to humans 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.

This research report on the North American guar gAmericanet is segmented and sub-segmented into the following categories.

SEGMENTAL ANALYSIS

NorthAmericana Guar Gum Market By Function

• Thickening
• Gelling
• Binding
• Friction Reducing

Based on application, the market is segmented into Food & Beverages, Oil & Gas, Paper Manufacturing, Mining & Explosives, and Pharmaceuticals & Cosmetics.

North America 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 one of the most widely used guar gum, owing to its multi-functional properties and its vast applications in oil & gas, mining & explosives, paper manufacturing, etc.

North America 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

NorthAmericana Guar Gum Market By Region

• US
• Canada
• Mexico
• Rest of North America

North America has the largest share of this mark-off.USA has the highest demand followed by Canada and Mexico. The North American region is largely driven by health concerns.

KEY MARKET PLAYERS 

Major Key Players in the North America 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), Supreme Gums Pvt. Ltd. (India).