AP NEWS

Global Cassia Gum Market 2018-2022 | Increasing Organic Dairy Products to Promote Growth | Technavio

December 4, 2018

LONDON--(BUSINESS WIRE)--Dec 4, 2018--The global cassia gum market is expected to post a CAGR of over 6% during the period 2018-2022, according to the latest market research report by .

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181204005606/en/

Technavio has released a new market research report on the global cassia gum market for the period 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing demand for cassia gum in the food industry. Cassia gum is a key ingredient in the food industry. It is used in the pet food industry as a gelling agent. In Europe under the Commission Directive, cassia gum is approved for use and is listed as a stabilizing, thickening, and gelling ingredient in canned pet foods. Cassia gum is used in cheese including curd cheese, whey cheese, cream cheese, natural cheese, grated cheese, processed cheese, and cheese dip.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the increasing organic dairy products as one of the key emerging trends in the global cassia gum market:

Global cassia gum market: Increasing organic dairy products

The organic dairy products market is a significant contributor to the global cassia gum market. Cassia gum is used as thickener, emulsifier, foam stabilizer, moisture retention agent, and texturing agent in cheese and frozen dairy desserts. It is used in dairy ice cream processing to introduce flavor and texture. Cassia gum is widely used to manufacture cheese from milk. Thus, the growing demand for processed dairy products, including cheese is expected to drive the growth of the global cassia gum market.

“In 2017, the organic cheese products market was valued at USD 1.31 billion, which is expected to expand at a CAGR of 5.71% during the forecast period. Thus, the growing use of cassia gum in cheese manufacturing and ice cream in the organic dairy market is expected to drive the demand for cassia gum during the forecast period,” says a senior analyst at Technavio for research on specialty chemicals.

Global cassia gum market: Segmentation analysis

This market research report segments the global cassia gum market by end-user (food industry, industrial manufacturing, and others) and geographical regions (the Americas, APAC, and EMEA).

The food industry segment held the largest market share in 2017, accounting for 60% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of 36%. This region is expected to dominate the market through 2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005606/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: NATURAL RESOURCES OTHER NATURAL RESOURCES RETAIL FOOD/BEVERAGE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/04/2018 08:24 AM/DISC: 12/04/2018 08:24 AM

http://www.businesswire.com/news/home/20181204005606/en

AP RADIO
Update hourly