Guar gum is widely used in industrial as well as food processing applications as a natural thickener, binding agent, emulsifier, flocculating agent, gelling and water barrier agent, wet-end strength additive, and sizing agent. It also finds application in the pharmaceutical, cosmetics, and oil and gas industries because of its water-proofing, thickening, gelling, adhesive, and hair and skin rejuvenation properties. Small-scale companies are predicted to give competition to established players with lower prices. Top companies usually have a strong distribution and sales network and raw material supply.