Product Code: ETC073063 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is one of the largest producers and exporters of natural gums in the world. The country produces different varieties of gums including gum acacia, guar gum, tragacanth gum and other types such as karaya and arabic gums. Gum acacia is mostly used for its emulsifying properties in food products while guar gum is majorly used in oil industry to enhance viscosity. India has highly specialized production units that manufacture these products on an industrial scale.
The market growth for natural gums in India can be mainly attributed to increasing demand from various industries such as paper & pulp, confectionery & bakery, pharmaceuticals, cosmetics etc., especially due to their use as a thickening agent or stabilizer in many applications. This rise in demand will further be driven by increasing population which would lead to increased consumption of processed foods with enhanced shelf life and also rising health awareness among consumers leading them towards consumption of low-fat or fat free foods with good nutritional value which are developed using natural gums like xanthan or carrageenan.
The growing threat from synthetic substitutes such as polysaccharides & starches have been posing a major challenge for the Indian Natural Gum industry due to their lower cost compared to the naturally derived Gums making them attractive alternatives for various end users who are looking at reducing cost associated with finished product development process thereby denting revenue opportunities for Indian manufacturers.
Market players are focusing more on producing high quality specialty grades customized according to customer requirements rather than bulk quantities thus leading towards increased manufacturing costs but providing better revenue opportunities. Furthermore there has been rapid shift towards online distribution channels owing consumer?s preference towards convenience inspired shopping experience thereby helping manufacturers reach wider consumer base easily without having additional investment into brick-and-mortar retail stores.
Some prominent players currently operating within Indian Natural Gum Market include Cargill Incorporated (UAS), Ashland Global Specialty Chemicals (US) , CP Kelco UAS LLC (Germany), Meron Biopolymers Pvt Ltd (India), SKG International Private Limited(India) amongst others .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Natural Gum Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Natural Gum Market Revenues & Volume, 2020 & 2027F |
3.3 India Natural Gum Market - Industry Life Cycle |
3.4 India Natural Gum Market - Porter's Five Forces |
3.5 India Natural Gum Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.6 India Natural Gum Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 India Natural Gum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Natural Gum Market Trends |
6 India Natural Gum Market, By Types |
6.1 India Natural Gum Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Natural Gum Market Revenues & Volume, By Product Type, 2018 - 2027F |
6.1.3 India Natural Gum Market Revenues & Volume, By Food Grade, 2018 - 2027F |
6.1.4 India Natural Gum Market Revenues & Volume, By Industry Grade, 2018 - 2027F |
6.2 India Natural Gum Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Natural Gum Market Revenues & Volume, By Oil & Gas, 2018 - 2027F |
6.2.3 India Natural Gum Market Revenues & Volume, By Food & Beverages, 2018 - 2027F |
6.2.4 India Natural Gum Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.2.5 India Natural Gum Market Revenues & Volume, By Cosmetics, 2018 - 2027F |
7 India Natural Gum Market Import-Export Trade Statistics |
7.1 India Natural Gum Market Export to Major Countries |
7.2 India Natural Gum Market Imports from Major Countries |
8 India Natural Gum Market Key Performance Indicators |
9 India Natural Gum Market - Opportunity Assessment |
9.1 India Natural Gum Market Opportunity Assessment, By Product Type, 2020 & 2027F |
9.2 India Natural Gum Market Opportunity Assessment, By Application, 2020 & 2027F |
10 India Natural Gum Market - Competitive Landscape |
10.1 India Natural Gum Market Revenue Share, By Companies, 2020 |
10.2 India Natural Gum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |