Natural Gum Market

Key Insights

The Global Natural Gum Market is valued at USD 968.45 Million in 2023 and is projected to reach a value of USD 1402.2 Million by 2032 at a CAGR (Compound Annual Growth Rate) of 4.73% between 2024 and 2032.

Definition And Overview

Natural Gums are collected from marine and non-marine botanical references and are commonly used for thickening, gelling, emulsifying, and stabilizing in food applications. They are also widely used in personal care products for the thickening of lotions. In pharmaceutical manufacturing, they are used as inactive excipients in tablets and pills.

The global Natural Gum market is segmented based on by Type, Application, Regions, and Countries. This report provides an analysis of the global Natural Gum market for the historic period of 2019–2022 and forecasts for 2023–2032 while 2022 is considered as a base year for estimations. The report covers exhaustive analysis on the global Natural Gum industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. The report provides a detailed study on various product types and their applications in different industry verticals at the global/regional/country level. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2018 to 2022 with forecast from 2023 to 2032.

COVID-19 Impact Analysis

COVID-19 pandemic led to government of numerous countries across the globe to impose stringent lockdown measures during the primary stages. This led to numerous challenges owing to the supply chain. However, the market witnessed steady growth over the later stages as the governments lifted restrictions on construction activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

• Impact Assessment of COVID-19 Pandemic
• Pre & Post COVID-19 Market Size
• Qualitative analysis on the short term & long-term impact of COVID-19 on the market
• The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

• More cost-effective than synthetic alternatives as they are utilized in various industries which is driving factor for Natural Gum Market.
• Manufacturers operating in pharmaceutical manufacturers are displaying their inclination towards the usage of naturally-derived polymers in drug formulations. This is another factor of Natural Gum Market.
• Many health issues associated with Natural Gum-based outcomes which is hindering for Natural Gum Market.

Product Analysis Preview

Type Analysis: Preview

On the basis of Type, the market is segmented into Food Grade and Industry Grade. Food Grade held the highest share in the global Natural Gum market and is projected to witness the same trend during the forecast period. Companies in this sector are opting to advanced technologies in their supply chain to cater the end user requirements effectively.

Application Analysis: Preview

Based on Application, the market is segmented into Oil and Gas, Food and Beverages, Pharmaceutical, Cosmetics. Food & Beverages accounted for the highest market share and is expected to grow at a significant CAGR from 2023 to 2032.

‹›

Report Coverage & Deliverables

PDF report & online dashboard will help you understand:

• Real-Time Data Updates:
• Competitor Benchmarking
• Market Trends Heatmap
• Custom Research Queries
• Market Sentiment Analysis
• Demographic and Geographic Insights

Book Demo

Get Access Now

Track market trends LIVE & outsmart rivals with our Premium Data Intel Tool: Vantage Point

Regional Analysis Preview

Based on region, the global Natural Gum market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region led the market with the largest share in 2022. Some of the key countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. Developing economies in the Asia Pacific region such as China and India are expected to make notable contributions in the growth over the coming years. Thus, it is expected that the Natural Gum market is anticipated to rise over the forecast timespan.

Competitive Landscape

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Natural Gum market are Ingredion (Gum Technology), Deosen Biochemical, CP Kelco, Fufeng Group Company, Jungbunzlauer, Cargill, Hebei Xinhe Biochemical, Meihua.. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

The global Natural Gum market can be categorized as Type, Application, End-Use Industry, and Region.