Global Locust Bean Gum Market Research Report 2024(Status and Outlook)

Report Overview:

 Locust Bean Gum (E-410), also known as carob bean gum, is a hydrocolloid used in food as a thickener, stabilizer and emulsifier. Locust Bean Gum (E-411) is the ground endosperm of the seeds of the carob tree.

 This report provides a deep insight into the global Locust Bean Gum market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porters five forces analysis, value chain analysis, etc.

Market Value:

 The Global Locust Bean Gum Market Size was estimated at USD 272.76 million in 2023 and is projected to reach USD 327.59 million by 2029, exhibiting a CAGR of 3.10% during the forecast period.

CAGR of 3.10% (2022 – 2029)

Powder

Particles

Flat Sheet

Industrial Applications

Food

Key players include:

• INCOM A.S

• Carob SA

• Nepa Trital

• LBG SICILIA SRL

• Tate & Lyle

• PEDRO PEREZ MARTINEZ S L U