The gum fiber market is set to record appreciable proceeds from food application through the ensuing years. The product is majorly used in food manufacturing as thickeners, emulsifiers, and stabilizers, and finds application in food products comprising confectionery, frozen foods, beverages, and dairy products.
Of the different gums utilized, guar gums are prominently used in the industry. Key applications of these gums comprise usage as stabilizer in whipped cream substitutes, ice cream instant puddings, meat binder, and as stabilizer for cheese.
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Considering the above trends, the gum fiber market size is projected to exceed a valuation of USD 1,975 million by 2027, as stated by the most recent research by Global Market Insights, Inc.
To highlight additional applications, gum fiber powders are utilized in the manufacturing of confectionery products. For this type of manufacturing, Gum Arabica is majorly preferred, given that it offers persuading traits comprising long lasting release, improvement of texture, reduction of gelatin content, flavor encapsulation, and improvement of yield and processability in extruded confectionery.
Owing to these factors, the gum fiber industry from food application is slated to exceed a valuation of more than USD 500 million through 2027. The segment growth is supplemented by an increase in research initiatives associated with numerous organizations.
To cite an instance, in April 2021, the magazine AgroFOOD industry Hi Tech analyzed the influence of PHGG (partially hydrolyzed guar gum) fiber on the intestinal microbiota. The study discussed the findings of latest studies for assessing the role and impact of PHGG (partially hydrolyzed guar gum) as a prebiotic dietary fiber.
Such advancements are touted to impel the expansion of the gum fiber industry through the assessment span.
Increasing consumer awareness regarding diet to impel gum fiber industry growth
One of the major trends in the gum fiber market is the increasing awareness regarding diet amongst consumers, who have started inclining towards the idea of deep-seated transparency.
These consumers have secured access to smart labels, and have begun opting for products that come with clean labelling. Surging lifestyle diseases and the increase in the demand for transparency has escalated the requirement for label on food products. Therefore, manufacturers are specifically focusing on label claims and gum fiber plays a very striking role in these claims.
To add on, the presence of favorable EU rules that permit the usage of gum fiber supplements in diverse applications plays an important part in influencing business expansion. However, import regulations associated with requirements of product quality and certifications play a crucial role in supporting industry growth.
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Europe – an emerging hub propelling gum fiber market outlook
The Europe gum fiber market is projected to witness a remarkable CAGR of 10% through the ensuing years owing to the surging awareness regarding beauty among population. The cosmetics industry makes use of gum fibers due to their thickening properties for manufacturing lotions, creams, toothpaste, and shaving creams.
The regional growth is set to be impelled by the soaring dental hygiene among people that will propel the demand for toothpastes. The increasing grooming trends among people and the surging inclination towards the use of skin care products for improvement of appearance will stimulate gum fibers market growth.
In a nutshell, the rising individual spending on personal care products will bolster gum fiber market share through the analysis period.
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Related Report: Gum Fiber Market to Cross $1.97 Billion by 2027, Says Global Market Insights Inc.
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