PUBLISHER: QYResearch | PRODUCT CODE: 1078326
PUBLISHER: QYResearch | PRODUCT CODE: 1078326
Due to the COVID-19 pandemic, the global Locust Bean Gum (E-410) Market size is estimated to be worth US$ 491.41 million in 2022 and is forecast to a readjusted size of US$ 414.70 million by 2028 with a CAGR of -2.79% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the global Food Grade Locust Bean Gum market value is US$ 348.06, accounting for 95.93% of the Carob Bean Gum global market in 2021, it is projected to value US$ 400.15 million by 2028, growing at a revised 2.72% CAGR from 2022 to 2028.
Europe is the largest region of Locust Bean Gum (E-410) Market, of which market size was US$ 221.02 million in 2021, Europe occupied 60.19% share while North America was 12.97%, and the market value was US$ 47.06 million. Asia Pacific region is the another one of largest market for Locust Bean Gum, during 2021, Asia Pacific occupied 17.38% in global Locust Bean Gum market.
The global major manufacturers of Carob Bean Gum include DuPont, LBG Sicilia Ingredients, Carob, S.A, Cargill, INCOM A.S, GKM Co., GA Torres, Polygal AG, and Industrial Farense, etc. In terms of revenue, the global three largest players hold more than 80% market share of Carob Bean Gum in 2021.
This report focuses on Carob Bean Gum volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Locust Bean Gum (E-410) Market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan, etc.
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.