Top 30 Companies in Global Guar Gum Market (2025–2035): Competitive Analysis and Forecast
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Guar Gum Market Size is projected to grow from USD 1.38 Billion in 2024 to USD 2.73 Billion by 2035, at a CAGR of 6.40% during the forecast period 2025–2035. The market for Guar Gum is growing demand due to the increasing consumption of processed & convenient foods and the expanding pet food industry.
Introduction
The Guar Gum Market Size refers to the global trade and use of guar gum, which is a thickening, binding, and stabilizing agent derived from the endosperm of the guar bean plant. Guar gum is a galactomannan polysaccharide extracted from guar beans that has thickening and stabilizing properties useful in food, feed, and industrial applications. With the high resistance to thermal and mechanical degradation, guar gum is a biodegradable and cost-effective component. Use of guar gum in pet food for providing the greatest nutrition and care promotes overall health and weight management. Furthermore, the guar gum market is growing in the pharmaceutical industry with an increasing aging population and prevalence of non-communicable diseases.The global market share is anticipated to be supported by expanding R&D efforts by major industry participants, including Cargill, Vikas WSP, Hindustan Gums & Chemicals, and Lucid Colloids, for purification, novel grades, and sustainable production. There are opportunities in the developing market due to the growing use of guar gum in the oil & gas industry, as well as for processed & packaged food and bakeries.
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Guar Gum Market Size & Statistics
- The Market Size for Guar Gum Was estimated to be worth USD 1.38 Billion in 2024.
- The Market Size is going to Expand at a CAGR of 6.40% between 2025 and 2035.
- The Global Guar Gum Market Size is anticipated to reach USD 2.73 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in The Guar Gum Market
- Asia Pacific is expected to grow the fastest during the forecast period in The Guar Gum Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the guar gum market.
Asia Pacific is expected to grow at the fastest rate with a CAGR of 8.5% during the forecast period, due to the increasing use of guar gum across oil & gas, food & beverages, mining & explosives, pharmaceuticals, and other sectors. Further, the increasing focus on sustainable and natural ingredients, the adoption of processed foods, and increasing health consciousness are propelling the market for guar gum.
America is expected to generate the highest demand during the forecast period in the guar gum market.
North America is expected to hold the largest share of the global guar gum market with a share of 51.13% in 2024. The increased demand for guar gum from the oil & gas sector is driving the regional market. The growing prioritization of natural ingredients in food processing, along with the region’s well-established food processing industry, is driving the guar gum market.
Top 10 Trends in the Guar Gum Market
- Increased Food Industry Demand
- Oil & Gas Application in Hydraulic Fracturing
- Growing Cosmetic and Personal Care Sector
- Expanding Pharmaceutical Applications
- Demand for Organic and Natural Products
- Emerging Applications in 3D Printing
- Focus on Sustainability and Eco-Friendly Methods
- Nutraceutical and Gut Health Benefits
- Regional Market Shifts
- Innovations in Product Development
1. Increased Food Industry Demand
The rising popularity of processed and convenience foods, along with consumer interest in low-fat and natural ingredients, is a major driver for guar gum's use in food products like soups, cakes, and beverages.
2. Oil & Gas Application in Hydraulic Fracturing
The oil and gas industry continues to be a significant market for guar gum, primarily used to reduce friction in hydraulic fracturing and in enhanced oil recovery (EOR) techniques.
3. Growing Cosmetic and Personal Care Sector
Guar gum is increasingly used in cosmetics and personal care products, functioning as a thickener, emulsifier, and stabilizer in items such as shampoos, lotions, and toothpaste.
4. Expanding Pharmaceutical Applications
In the pharmaceutical industry, guar gum's ability to act as a binder and disintegrant in tablet formulations is driving demand.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Guar Gum market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 6 Companies Leading the Guar Gum Market
- Cargill
- Vikas WSP
- Lucid Group
- India Glycols Ltd.
- Hindustan Gums & Chemicals
- Ingredion Incorporated
- Others
1. Cargill
Headquarters: U.S.
Cargill is a significant player in the global guar gum market, offering a diverse range of guar-based products like the Cremogen texturizer line, which enhances properties for food and beverage applications. The company's presence in this market is underscored by its broad hydrocolloid portfolio and inclusion in industry reports as a key player. Cargill's involvement reflects the growing demand for guar gum as a natural thickening, stabilizing, and emulsifying agent in food, cosmetic, and technical industries, including the expanding plant-based food sector.
2. Vikas WSP
Headquarters: India
Vikas WSP Limited is an India-based company engaged in manufacturing and exporting guar gum powder. The Company Company offers guar derivatives and guar polymers. The CompanyCompany also offers guar gum for technical applications, such as pet food, oil drilling and fracturing, textile printing, and paper-making.
3. Lucid Group
Headquarters: U.S.
Lucid Colloids Ltd. is a significant global player in the guar gum market, specializing in the manufacturing, marketing, and distribution of natural and modified guar gum derivatives. The company leverages India's substantial guar crop to produce a wide range of hydrocolloids used as thickening, stabilizing, and binding agents across diverse industries, including food and beverages, pharmaceuticals, and personal care. Lucid Colloids' focus on customization, extensive farmer engagement, and a strong global footprint positions it as a trusted supplier in the dynamic guar gum market.
4. India Glycols Ltd.
Headquarters: India
India Glycols Limited (IGL) is a prominent player in the guar gum market, focusing on natural gums and biopolymers derived from guar. They manufacture and supply various grades of guar gum products, like IGGuar FG, serving industries such as food, pharmaceuticals, textiles, and oil & gas. The company differentiates itself through its commitment to green technology, producing eco-friendly alternatives to synthetic materials for a growing global market.
Are you ready to discover more about the Guar Gum market?
The report provides an in-depth analysis of the leading companies operating in the global Guar Gum market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Cargill
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Vikas WSP
- Lucid Group
- India Glycols Ltd.
- Hindustan Gums & Chemicals
- Ingredion Incorporated
- Others
Conclusion
The provided data indicates a robust and growing global market Size for guar gum, driven by its versatile applications across various industries. The market's expansion is fueled by increasing demand in the food, oil & gas, cosmetics, and pharmaceutical sectors, reflecting a broader trend towards natural, sustainable, and functional ingredients. While North America is a major consumer, the Asia Pacific region is poised for significant growth, highlighting a global shift in demand. The market is characterized by a strong focus on research and development by key players to improve product quality and production methods, suggesting a future marked by innovation and adaptation to evolving consumer and industrial needs.
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