Product
Locust Bean Gum Price Trend
Locust Bean Gum Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Locust Bean Gum in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Procurement Resource provides latest prices of Locust Bean Gum. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Locust bean gum (LBG), a white to yellow powder, is a galactomannan vegetable gum. It is extracted from the seeds of Ceratonia siliquia tree, commonly known as carob tree and is also utilised as a thickening agent in food products. The bean, upon its conversion to powder tastes sweet with a flavour similar to that of chocolate.
Product Details
| Report Features | Details |
| Product Name | Locust bean gum (LBG) |
| Synonyms | Carob Gum, Carob Bean Gum, Carobin, E410 |
| Industrial Uses | Thickening and texturising agent, Pet food Cosmetics, Cigarette, Mining products, Paper making, Textiles, Dairy products and ice creams, Cheese and other pasteurised cheese products, Guar gum substitute |
| Supplier Database | Carob, S.A, Incom Company, TIC Gums, Inc, Compañía Española de Algas Marinas S.A. (CEAMSA) |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of Locust Bean Gum via Extraction
In order to produce Locust Bean Gum, the seeds of the carob tree are collected, followed by their deskinning via acid treatment. Then, the obtained seeds are split and milled, followed by the separation of endosperms and germs via sieving. The obtained endosperms are finally ground to obtain Locust Bean Gum powder.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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