Natural Gum Market
Natural Gum Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0320
Segments Covered
By
Type Food Grade and Industry Grade
-
By
Application Oil and Gas, Food and Beverages, Pharmaceutical, Cosmetics
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
847.6 Million |
 Revenue 2028:
|
1423 Million |
 Revenue CAGR
(2021 - 2028): |
4.7 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
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
2021 to 2028.
Global Natural Gum Market: Type Segment Analysis
-
- Food Grade and Industry Grade
Global Natural Gum Market: Application Segment Analysis
-
- Oil and Gas
- Food and Beverages
- Pharmaceutical
- Cosmetics
FAQ
Frequently Asked Question
What is the global demand for Natural Gum in terms of revenue?
-
The global Natural Gum valued at 847.6 Million in 2020 and is expected to reach 1423 Million in 2028 growing at a CAGR of 4.7%.
Which are the prominent players in the market?
-
The prominent players in the market are Ingredion (Gum Technology), Deosen Biochemical, CP Kelco, Fufeng Group Company, Jungbunzlauer, Cargill, Hebei Xinhe Biochemical, Meihua..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.7% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Natural Gum include
- 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.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Natural Gum in 2020.
