Global Locust Bean Gum Market Dynamics, Forecast 2020 by SMR

Global Locust Bean Gum Market Dynamics, Forecast 2020 by SMR

Published By: Syndicate Market Research

Locust Bean Gum Market – Global Industry Perspective,
Comprehensive Analysis and Forecast, 2014 – 2020

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Locust Bean Gum Market

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...

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