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Gluten-free baked foods to drive the demand for guar gum

Market for guar gum is forecast to reach $120 million in 2021, says Freedonia

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Guar gum value demand by market, 2006-2021

Last Updated : May 25 2017 | 5:03 PM IST

Value demand for guar gum is forecast to expand 7.1 percent yearly through 2021 to $120 million, according to a new report of the Freedonia Group, a Cleveland-based industry research firm.

Overall growth of the industry is expected to be slower than the growth seen between 2011 and 2016, despite recovery in volume demand, as pricing undergoes a correction from the double-digit gains seen during the same period. However, prices will remain high, as feedstock supplies remain limited.

Volume demand for guar gum is forecast to recover from the minor losses registered between 2011 and 2016, expanding almost 2 percent yearly to

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