A vegetable gum derived from the carob tree seeds is a locust
bean gum. This gum is also well known as carob gum. Generally, this gum is used
for various food stuff as thickening or gelling agent, fat replicators,
stabilizations, coating, texturants and sizing agents in various industries.
Locust bean gum powder consists of galactose and mannose. This powder has sweet
flavor similar to chocolate. Locust bean gum also contain the fat content of
food products by dissolving in the water and acts as a fat replacer.
Locust bean gum is available at low priced and hence swapping
the application of guar gum in food and beverage industries. This is one of the
important factors propelling the growth of the locust bean gum market. In
addition, busy lifestyle and changing eating trends is accelerating the demand
of convenience food items. Hence demand of locust bean gum is rising in food
and beverage industry as a fat replicators and stabilizer. However, the low
price of the locust bean gum earns very less profit worldwide.
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Based on end-use industries, locust bean gum market can be
segmented into food and beverages, textile, pharmaceuticals, paper, oil
drilling fluids and cosmetics. Food and beverage industry emerged as the
leading end-use segment for locust bean gum market. Food & beverage
industry is expected to maintain its dominance over the forecast period. On the
other hand, textile industry has been witnessing substantial growth owing to
sturdy demand for locust bean gum as sizing agent.
The report provides a comprehensive view on the locust bean gum.
We have included a detailed competitive scenario and product portfolio of key
vendors. To understand the competitive landscape in the market, an analysis of
Porter’s Five Forces model for the locust bean gum market has also been
included. The study encompasses a market attractiveness analysis, wherein
application segments are benchmarked based on their market size, growth rate
and general attractiveness.
The report provides a detailed view of the locust bean gummarket based on end-uses. Regional segmentation includes the current and
forecast demand of locust bean gum in North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa (MEA) with its further bifurcation
into major countries including U.S. Germany, France, UK, China, Japan, India
and Brazil. This segmentation includes demand for locust bean gum based on
individual devices in all the regions and countries.
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In 2014, among the different regions Europe held the
considerable share in terms of locust bean gum market. UK is the largest
importer of locust bean gum and it is followed by Germany. Asia Pacific is
second highest market owing to rising disposable income.
Some of the major key players in the global locust been gum
market are Cargill, Kerry group, Scalzo Food Industries, LBG Sicilia
ingredients, G Araouzos & Son, Ceamsa, TIC Gums Incorporation, CP Kelco,
Fiberstar Inc., FMC Specialty Chemicals, Gum Technology Corporation and E.I.
DuPont De Nemours & Company.
This report segments the global locust bean gum market as
follows:
Global Locust Bean Gum
Market: End-use Segment Analysis
- Food & beverages
- Textile
- Pharmaceuticals
- Paper
- Oil drilling fluids
- Others
Global Locust Bean Gum
Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia-Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East & Africa
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