Chemicals & Materials

Global Tamarind Gum Market

March 15, 2022
ID: SR/CH-60
Format:Pdf
Pages:220

Global Tamarind Gum Market By Product (Tamarind Kernel Powder and Tamarind Speed Polysaccharide), By Application (Textile, Paper, Plywood and Food & Beverage), By Region (North America, Europe, Asia-Pacific, South America and The Middle East & Africa)-Global forecast to 2028.

Description

The global tamarind gum market is estimated to grow at a CAGR of 4.7% during the forecast period 2022-2028. The major factor driving growth in the market is the increasing application of tamarind gum due to its multifunctional properties and increased health consciousness among consumers about healthy foods. Tamarind gum is also increasingly utilized in different industries such as food & Beverages, Plywood, textiles, and pharmaceuticals. It serves many functions, such as friction reducer, binder, thickener, stabilizer, and gelling agent.

What is Tamarind Gum?

Tamarind gum is acquired from the endosperm of seeds of the tamarind tree, which is a seed gum with potential industrial applications. Tamarind gum has applications in paper, pharmaceuticals, food, textile industry etc. Polysaccharide present in tamarind kernel powder is called tamarind seed polysaccharide. Tamarind gum can be utilized as a thickening and gelling mechanism to enhance the consistency of certain foods, change the texture of foods, and emulsify and stabilize foods. May operate It in the business of pectin in jams and jellies. Also, Due to its brilliant property as a soil stabilizer, tamarind gum powder is widely used in mining.

Growth Drivers

The increasing application of tamarind gum due to its multifunctional effects is driving growth.

Rising awareness among consumers about health & nutrition has resulted in an attraction to natural and organic products such as tamarind gum. As a natural ingredient, tamarind gum has several health advantages, such as decreasing serum low-density lipoprotein cholesterol and triglycerides and increasing glucose forbearance. It has forced food manufacturers to utilize natural gums in different food applications. In the food industry, tamarind gum is utilized as a thickener, stabilizer, emulsifier, binding agent, coating agent, texturing agent, and gelling agent for frozen food products, baked food products, dairy products, sauces & salad preparations, confections, beverages, and pet food. Apart from the food industry, the effects of tamarind gum such as binding, fracturing, waterproofing, and gelling make it an excellent additive for various industries such as oil & gas, mining, explosives, textiles, pharmaceuticals, textile, and water treatment.

Opportunities

Advanced consumption of convenience nutrition will deliver a good growth opportunity in the future.

The global demand for amenity food is growing with busy consumer lifestyles. The global demand for convenience food has been affected by increased household technologies, longer working hours, and rising consumer incomes. Tamarind gum is one of the essential food additives in convenience food products, such as soups, cakes, pastry, bread, gravies, and snacks, which improves its quality. An increase in consumer interest in processed food products is expected further to augment the growth of the tamarind gum market shortly. Moreover, the increasing importance of low-calorie and low-fat foods favoring tamarind gum has helped reduce the overall fat content in foods; this trend benefits the tamarind gum market. Tamarind gum is used as a chubby replacer in convenience food.

Restraints

Environmental Issues

No toxicity, environmental endurance, or harmful health effects on humans, ground organisms, crops, or livestock are anticipated as xyloglucan is everywhere in plant cell walls of all foliage. It is, therefore, a naturally happening fiber that adds thickness in the small intestine and is fermented by symbiotic bacteria in the colon portion of human and livestock diets. Tamarind gum xyloglucan system is cellulose easily contaminated by cellulose enzymes. Soil bacteria living in the natural surroundings have cellulose enzymes. As such a bacterium can damage tamarind gum, it isn’t good if dumped into the environment. Tamarind seeds are accumulated from native-grown trees. The numerous layers of the supply chain have indicated to date that there are no organically certified tamarind kernels or tamarind gum available.

Pre Covid-19 Impact on Global Tamarind Gum Market

Before the covid-19 period, Tamarind gum had applications in paper, food, textile industry, etc. Before creating the pandemic research on tamarind gum in pharmaceutical and cosmetic applications. Tamarind kernel powder disperses and hydrates fast in cold water but does not reach the highest viscosity unless heated for 20-30 minutes. Chemically tamarind seed powder is a highly branched carbohydrate polymer. They uncovered a wide range of pharmaceutical applications that include their usage as a binder, disintegrates in tablets, emulsifiers, suspending agents, and gelling agents and used as sustaining agents in tablets.

Covid-19 Impact on Global Tamarind Gum Market

During the covid-19 period, the nation lockdown levied to control the reach of the COVID-19 pandemic has affected the livelihood and economy of indigenous individuals living in and around the woodlands of nations. The accumulation and sale of hundreds of minor forest products – that form the backbone of forest residents’ economy – are badly affected. Tribal people are seeing it difficult to get the fair price of their products like tamarind as there are no customers in villages due to lockdown, which has decreased the demand for tamarind gum during the pandemic.

Post Covid-19 Impact on Global Tamarind Gum Market

After the covid-19 period, there has been a tremendous demand for tamarind gum due to the burgeoning demand for natural food products or components with special health benefits. Tamarind gum is used in several initiatives such as food and beverage, cosmetic and personal care product, and pharmaceuticals. The pharmaceutical industry applies tamarind extract in its production due to the health benefits to consumers. Chemical preservatives like lactic acid, benzoic acid, and ethanoic acid are replaced by tamarind due to customers’ choice of natural preservatives and synthetic ones. Increasing the application of tamarind gum in the various end-user sector is anticipated to drive the industry forward over the forecast period.

By Product Segmental Analysis

The market is segmented into Tamarind Kernel Powder and Tamarind Speed Polysaccharide based on product segmental analysis. Tamarind kernel powder holds the tamarind gum market forecast for 2022-2028. Due to its rich scope of carbohydrates and protein, Tamarind Kernel Powder is also used in creating adhesives. It’s majorly operated in the food processing industry and involved largely in ketchup, ice creams, sauces, sherbet, baked food, pet food, meat product and instant noodles.

By Application Segmental Analysis

Based on the application segment, the market is segmented into Textile, Paper, Plywood and Food & Beverage. Food & Beverages is further segmented into bakery Confectionery; the bakery & confectionery products component accounted for the largest share of the global tamarind gum market in 2021. Tamarind gum is used in multiple confectionery creations, such as gummy and chewy confections, aerated confectionaries and marshmallows, confectionery jellies, jelly beans, fruit leathers, caramels, fondants, pastes, and liquid centers/fillings. It improves the shelf life and control and accelerates the setting time.

By Regional Segmental Analysis

Based on the regional segment, the market is segmented into North America, Europe, Asia-Pacific, South America and The Middle East & Africa. North America is estimated to maintain the largest share in the tamarind gum market during the forecast period. Food & beverages are booming in the North American region; this region dominates the global market, followed by Europe and Asia-Pacific. The demand for natural additives and processed food among consumers is fueling the growth of the food-grade tamarind gum market,

Competitors Analysis

The companies include ADACHI Group, Adarsh Gum Udhyog, Altrafine gums, DSP Gokyo Food & Chemical Co. Ltd., FRESHY THAI. Co., Ltd., H.B Gum Industries Private Limited, Hindustan Gum & Chemicals Ltd., Indena S.p.A, Lucid Colloids Ltd., Premcem Gums Private Limited, Supreme Gums Pvt. Ltd. and other prominent players in the global tamarind gum market.

Key Stakeholders

Recent Development

In June 2015- Lucid Group started the processing of tamarind splits at its new tamarind splitting plant at meglasiys, Rajasthan. This backward integration enables the company to control its supply fully.

Scope of the Report

Report Attribute	Details
Growth Rate	CAGR of 7 % from 2022 to 2028.
Historical data	2017 – 2020
Base Year	2021
Forecast period	2022 – 2028
Region covered	North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	The companies ADACHI Group, Adarsh Gum Udhyog, Altrafine gums, DSP Gokyo Food & Chemical Co. Ltd., FRESHY THAI. Co., Ltd., H.B Gum Industries Private Limited, Hindustan Gum & Chemicals Ltd., Indena S.p.A, Lucid Colloids Ltd., Premcem Gums Private Limited and Supreme Gums Pvt. Ltd. are the key players.

Market Modelling

By Product

Tamarind kernel Powder
Tamarind Seed Polysaccharide

By Application

Textile
Paper
Plywood
Food & beverage

By Region

North America
Europe
Asia-Pacific
South America
The Middle East & Africa

Table Of Contents

Methodology

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Frequently Asked Questions (FAQ):

Name the major key players in the global tamarind gum market?

The companies ADACHI Group, Adarsh Gum Udhyog, Altrafine gums, DSP Gokyo Food & Chemical Co. Ltd., FRESHY THAI. Co., Ltd., H.B Gum Industries Private Limited, Hindustan Gum & Chemicals Ltd., Indena S.p.A, Lucid Colloids Ltd., Premcem Gums Private Limited and Supreme Gums Pvt. Ltd. are the key players in the global tamarind gum market.

Name the segments in which the global tamarind gum market is segmented?

The global tamarind gum market is segmented into products by application and region.

Which region holds the highest share in the global tamarind gum market?

North America holds the highest share in the global tamarind gum market.

What are the growth drivers in the global tamarind gum market?

At what CAGR global tamarind gum market is growing during the forecast period of 2022-2028?

The global tamarind gum market is estimated to grow at a CAGR of 4.7% during the forecast period 2022-2028.

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Global Tamarind Gum Market