Global Locust Bean Gum (E-410) Market Research Report 2020

Locust bean gum, also known as carob bean gum, is a galactomannan vegetable gum extracted from the seeds of the carob tree cultivated in the Mediterranean region, it is a natural food ingredient and used as a thickening agent (gelling agent) in food technology.
Global giant manufactures mainly distributed in Spain, Italy and USA. The manufacturers in Spain have a long history and unshakable status in this field. It takes more than 46% of global market in 2018. The main producers in Spain are LBG Sicilia Ingredients, INCOM A.S, GA Torres and CEAMSA, etc. Which have relative higher level of product’s quality.

The global Locust Bean Gum (E-410) market is valued at 103 million US$ in 2020 is expected to reach 121.9 million US$ by the end of 2026, growing at a CAGR of 2.4% during 2021-2026.
This report focuses on Locust Bean Gum (E-410) 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 and Europe. etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Locust Bean Gum (E-410) market is segmented into
Food Grade
Petfood Grade
For past and forecast period, food grade hold the major market of locust bean gum, with over 94% market share in 2018.

Segment by Application
Bakery
Meat, Poultry & Seafood
Sauces & Dressings
Dairy & Frozen Desserts
Petfood
Others
In 2018, dairy and bakery products led the market and accounted for the main consumption, the market share of consumption are 25.19% and 27.73% of dairy & frozen desserts and bakery.

Global Locust Bean Gum (E-410) Market: Regional Analysis
The Locust Bean Gum (E-410) market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Locust Bean Gum (E-410) market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global Locust Bean Gum (E-410) Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Locust Bean Gum (E-410) market include:
DuPont
LBG Sicilia Ingredients
Carob, S.A
INCOM A.Ş.
TIC Gums
GA Torres
CP Kelco
CEAMSA
AEP Colloids
Gumix International

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