Global Biogum Market (2021-2026) by Type, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Biogum Market is estimated to be USD 720.1 Mn in 2021 and is expected to reach USD 1323. 8 Mn by 2026, growing at a CAGR of 12. 95%.



Market Dynamics

The factors such as the increasing trend towards natural and healthy consumption increasing demand for plant-based products, and the rapidly growing awareness of the benefit of biogums have prompted the demand of the biogum market. In addition, the rise in new product innovation, increasing demand for personal care and other products, growing prevalence of nutritional deficits, and famine in under-developed and developing regions are further driving the market growth. However, some factors such as the availability of counterfeit products, risk in bioseparation processes, and stringent government regulations are expected to hinder the market growth.
Innovations in products and technology by the key players are expected to create untapped opportunities for the market participants.

Market Segmentation

The Global Biogum Market is segmented further based on Type, Application, and Geography.

By Type, the market is classified into cellulose gum, Diutam gum, gellan gum, pectin, and Xanthan gum. Amongst all, the cellulose gum segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified as chemicals, food & beverages, medical & pharmaceutical, oil & petrochemical, and printing & dyeing. Amongst all, the chemicals segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Jungbunzlauer announced the launch of high acyl gellan gum under the brand name, TayaGel. - 15th February 2021
2. CP Kelco expanded the capacity of gellan gum at its Okmulgee, OK biogums production plant amid an uptick in global demand for the product. - 27th August 2019

Company Profiles

Some of the companies covered in this report are Apotea AB, Biogum Serine, Biopolymer International, Cargill, CP Kelco U.S, Inc, Cybercolloids LTD, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Biogum Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market