Gaur Seed Market:CAGR of 4.00% and Forecast Value of USD 0.78 million by 2029

Data Bridge Market Research analyses that the gaur seeds market will project a compound annual growth rate (CAGR) of 4.00% during the forecast period of 2022-2029. Growing cultivation, production and consumption of gaur seeds especially in the developing economies in the Asia-Pacific region, increasing focus on the latest trends in the market, growing application of advanced and modern agricultural practices to improve the quality of produce, high growth in emerging countries coupled with high adoption of innovative technologies, surging need for gaur seeds by the oil and gas industry and increasing industry competitiveness are the major factors attributable to the growth of gaur seeds market. Therefore, the market value is projected to rise from USD 0.552 billion in 2020, would rocket up to USD 0.78 billion by 2029.

Botanically known as cyamopsis tetragonoloba, gaur is a legume that is consumed to treat a wide range of diseases such as diarrhoea, irritable bowel syndrome (IBS), obesity, and diabetes. Also known as gavar, gawar, or guvar bean, gaur is a valuable plant in a crop rotation cycle and has many functions for human and animal nutrition. Gaur seeds are used for a wide range of applications. Gaur seeds are non-toxic in nature, low in calories, and rich in fibres and can be utilized as a powdered product to stabilize, emulsify and thicken the texture of certain food.

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Some of the major players operating in the gaur seeds market are Cargill, Incorporated, DuPont, Ingredion, Ashland, Vikas WSP Limited, Hindustan Gum & Chemicals Ltd., Dabur, India Glycols Limited, Neelkanth Polymers, Lucid Group., Global Gums Chemicals, Guangrao Liuhe Chemical Co., Ltd., Jai Bharat Gum & Chemicals LTD., Altrafine Gums, Supreme Gums Pvt. Ltd., Ruchi Soya Industries Limited, Rama Gum Industries Limited, Lamberti S.p.A., Nutriroma, AEP Colloids, Shree India Sino, Penford Corporation and TIC Gums, Inc., among others.

Gaur Seed Market Country Level Analysis

The global gaur seeds market is analyses and market size, volume information is provided by country by grade and application as referenced above.

The countries covered in the gaur seeds market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

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