FMI has announced Cassia Gum Market Revenue, Opportunity, Forecast and Value Chain 2015-2025
Future Market Insights has announced the addition of the “Cassia Gum Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.
Cassia obtusifolia also known as cassia tora is a weed crop plant that belongs to the Caesalpinaceae plant family mostly found in India, Nepal, China, Pakistan, Afghanistan, Myanmar and Bhutan. It is a food additive generally made through grinding Cassia tora seeds, which belong to leguminosae family. Cassia gum exists as its repeating units in the form of galactose and mannose. The ratio in which mannose and galactose exist is 5:1 respectively. Cassia gum is the refined flour from the endosperm of the seeds of cassia obtusifolia. Cassia seeds are the raw material which is processed to prepare cassia gum powder. India is the largest manufacturer of cassia gum powder. Cassia gum also forms gels with xanthan and carrageenan, and acts as a thickening agent. Currently, there is an increasing demand for cassia gum powder among food and beverage industry manufacturers across the globe owing to increasing industrial applications in food and feed industry.
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Cassia Gum Market Segmentation:
Cassia gum is segmented by applications in industrial use such as; pet-food, feed, nutraceuticals, personal care and also in food. Cassia tora powder is most popularly used in the pet-food such as, dog food, cat food, dry food, wet food, canned pet food, snacks. For feed industry it is used as cow food, bird food. Pharmaceutical industry is using cassia gum market in gels, pastes, medicines, drugs. Cassia gum’s use in personal care industry includes soap, gel, shampoo, cosmetics, toiletries and hair oil. For food industry cassia gum market is sub segmented into dairy products market, baked goods and other foods, for instance noodles, pasta, meat.
On the basis of types of usage, cassia gum market is segmented into gelling agent, natural thickener, emulsifier, stabilizer and bonding agent.Geographically cassia gum market is segmented into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. India is one of the top manufactures and exporters of cassia gum across varied applications.
Cassia Gum Market Drivers:
Growth of food industry, pharmaceutical industry and feed industry is indirectly expected to drive the demand for cassia gum in these industries. Thus, expected to fuel the cassia gum market growth in the near future. Product innovation and product development is another key driver which makes the market more attractive. For instance cassia gum is also used as an air freshener gel, moreover cassia gum is mix with guar gum for use in mining and other industrial applications.
Cassia Gum Market Opportunities:
Earlier the global market for cassia gum powder was restricted since most of the countries did not permit its usage due to hygienic factors, or imposed limits on its use. However, recently cassia gum has been approved by the United States TSCA, Canada NDSL, Korea ECL, Australia AICS, and Europe EINECS. Hence many of countries approved the usage of cassia gum within their country for various applications.
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Cassia Gum Market Key Players:
Indian manufacturers export cassia gum mainly to the U.S., Australia, Russia, Canada, South Korea, Japan, U.A.E, Iran and few countries in Latin America and Europe. Some of the key market players identified across the value chain in cassia gum market in India and China include Premcem Gums Pvt. Ltd., Altrafine Gums, Dwarkesh Industries, Amba Gums & Feeds Products, Fooding Group Limited, among others.