Locust bean gum Price Trend Analysis, Historical Chart and Forecast


Locust bean gum is a variety of food additive that has been widely used in the food manufacturing industries. It is primarily used as a thickener that is added to food products to maintain the consistency of the mixture. Its primary nutritional content comprises carbohydrates, calcium, protein, and sodium.

Locust bean gum is commercially obtained from the seeds of the carob tree, which is also known as the carob bean. It has a sweet taste and is also used as a natural sweetener in various edible formulations. It is rich in nutrients like magnesium, potassium, niacin, and more. The additive is industrially utilized to prepare various food products and is widely associated with the food industry.

Request for Real-Time Locust bean gum (LBG) Prices:

The key importing countries that import Locust bean gum are the United States, India, and Vietnam. On the other hand, the key exporting countries include Spain, Italy, and India.

Key Details About the Locust bean gum (LBG) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Locust bean gum (LBG) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trend.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Locust bean gum (LBG) Price chart, including India Locust bean gum (LBG) price, USA Locust bean gum (LBG) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Locust bean gum (LBG) Price Trend:

Locust bean gum is a saccharide additive utilized to thicken the consistency of food formulations. It is a natural sweetener that is used as an alternative to the existing chemical or industrial sweeteners used on a large scale. The substance is used in food processing units to improve the consistency of the formulation that is being prepared and processed to be marketed on a large scale.

It is widely used as an additive compound in various industrial domains apart from the food manufacturing units, including pharmaceutical, paper, oil well drilling, cosmetics, and textiles industries, to enhance the quality and texture of the products produced commercially.

Key Players:

  • Carob
  • S.A, Incom Company
  • TIC Gums, Inc
  • Compañía Española de Algas Marinas S.A. (CEAMSA)

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