Market Overview:
The global karaya gum market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for karaya gum from food & beverage, cosmetics, pharmaceuticals and other applications. Karaya gum is used as a thickener, stabilizer and emulsifier in various applications. It is also used as an ingredient in food products such as ice cream, jams and jellies, bakery items and others. In addition, karaya gum finds application in personal care products such as toothpastes, shampoos and conditioners due to its properties such as emulsification, binding and water retention capacity.
Product Definition:
Karaya Gum is a natural gum made from the sap of the karaya tree. It is used as a thickener and stabilizer in food and beverage products, and as an adhesive in industrial applications.
Powder:
Powder is a natural sweetener derived from the fruit of karaya. It has been used in various food products and beverages for centuries. The powder is usually made up of dried, fermented juice of the plant known as “Syrup” which contains high levels of sugar and fructose. The powdered form can be easily converted into liquid syrup by simply adding water or other liquids to it.
Granules:
Granules are the dried, roasted and ground fruit seeds of various plants. The most common types of granules used in food & beverage industry are table sugar (sucrose) and honey. Granules are also used as an ingredient for making other products such as confectionery, baked goods, dairy products ice creams and frozen desserts among others. They provide moisture content to these foods keeping them soft & fluffy on account of their high water holding capacity.
Application Insights:
Food and beverages was the largest application segment in 2017. The product is used as a food additive to improve texture, stability, moisture content and flavor of foods. It is also used in bakery products, ice creams, dairy products and snacks to provide textural properties such as lumps or powdery consistency.
Cosmetics is expected to be one of the fastest-growing segments over the forecast period owing to its ability to retain water molecules which helps keep skin hydrated for longer periods of time. Furthermore, it has antiseptic properties which help prevent skin infections caused due largely from microbial contamination during shaving or other personal grooming activities. These factors are anticipateded drive demand for karaya gum over the coming years especially in cosmetics applications where consumers are looking for natural ingredients-based cosmetics with minimal side effects associated with them.
The pharmaceutical industry uses this product along with aspirin.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as food & beverages, cosmetics, pharmaceuticals and others. Increasing population coupled with growing consumer disposable income levels in emerging economies of Asia Pacific has led to an increased demand for packaged foods which will further drive the regional market.
The increasing number of multinational companies investing in countries like India and China is also driving industry growth due to high potential markets that are opening up for foreign investments. Furthermore, rapid industrialization along with supportive government policies aimed at boosting domestic production capabilities will boost industry expansion over the next eight years time frame.
North America emerged as a major consumer owing to growing product consumption by individuals rather than by corporate bodies; however this trend may change soon due to increasing awareness regarding health benefits associated with karaya gum products especially functional food additives used in dietary supplements.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of karaya gum
- Growing popularity of functional foods and beverages
- Proliferation of new applications for karaya gum
- Expansion of the global food and beverage industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Karaya Gum Market Research Report
By Type
Powder, Granules, Lumps
By Application
Food & Beverages, Cosmetics, Pharmaceuticals, Others
By Companies
Alland & Robert, Nutriroma, Neelkanth Finechem, Kapadia Gum Industries, Sigma-Aldrich, Simosis International, ISC Gums, ANDINA INGREDIENTS, Spectrum Chemical Manufacturing, AEP Colloids, Herbal World
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Karaya Gum Market Report Segments:
The global Karaya Gum market is segmented on the basis of:
Types
Powder, Granules, Lumps
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Cosmetics, Pharmaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alland & Robert
- Nutriroma
- Neelkanth Finechem
- Kapadia Gum Industries
- Sigma-Aldrich
- Simosis International
- ISC Gums
- ANDINA INGREDIENTS
- Spectrum Chemical Manufacturing
- AEP Colloids
- Herbal World
Highlights of The Karaya Gum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Granules
- Lumps
- By Application:
- Food & Beverages
- Cosmetics
- Pharmaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Karaya Gum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Karaya gum is a natural gum that comes from the Karaya tree. It has been used in traditional medicine for centuries to treat a variety of conditions, including inflammation and pain.
Some of the major players in the karaya gum market are Alland & Robert, Nutriroma, Neelkanth Finechem, Kapadia Gum Industries, Sigma-Aldrich, Simosis International, ISC Gums, ANDINA INGREDIENTS, Spectrum Chemical Manufacturing, AEP Colloids, Herbal World.
The karaya gum market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Karaya Gum Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Karaya Gum Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Karaya Gum Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Karaya Gum Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Karaya Gum Market Size & Forecast, 2018-2028 4.5.1 Karaya Gum Market Size and Y-o-Y Growth 4.5.2 Karaya Gum Market Absolute $ Opportunity
Chapter 5 Global Karaya Gum Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Karaya Gum Market Size Forecast by Type
5.2.1 Powder
5.2.2 Granules
5.2.3 Lumps
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Karaya Gum Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Karaya Gum Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Cosmetics
6.2.3 Pharmaceuticals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Karaya Gum Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Karaya Gum Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Karaya Gum Analysis and Forecast
9.1 Introduction
9.2 North America Karaya Gum Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Karaya Gum Market Size Forecast by Type
9.6.1 Powder
9.6.2 Granules
9.6.3 Lumps
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Karaya Gum Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Cosmetics
9.10.3 Pharmaceuticals
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Karaya Gum Analysis and Forecast
10.1 Introduction
10.2 Europe Karaya Gum Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Karaya Gum Market Size Forecast by Type
10.6.1 Powder
10.6.2 Granules
10.6.3 Lumps
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Karaya Gum Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Cosmetics
10.10.3 Pharmaceuticals
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Karaya Gum Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Karaya Gum Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Karaya Gum Market Size Forecast by Type
11.6.1 Powder
11.6.2 Granules
11.6.3 Lumps
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Karaya Gum Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Cosmetics
11.10.3 Pharmaceuticals
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Karaya Gum Analysis and Forecast
12.1 Introduction
12.2 Latin America Karaya Gum Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Karaya Gum Market Size Forecast by Type
12.6.1 Powder
12.6.2 Granules
12.6.3 Lumps
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Karaya Gum Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Cosmetics
12.10.3 Pharmaceuticals
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Karaya Gum Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Karaya Gum Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Karaya Gum Market Size Forecast by Type
13.6.1 Powder
13.6.2 Granules
13.6.3 Lumps
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Karaya Gum Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Cosmetics
13.10.3 Pharmaceuticals
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Karaya Gum Market: Competitive Dashboard
14.2 Global Karaya Gum Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alland & Robert
14.3.2 Nutriroma
14.3.3 Neelkanth Finechem
14.3.4 Kapadia Gum Industries
14.3.5 Sigma-Aldrich
14.3.6 Simosis International
14.3.7 ISC Gums
14.3.8 ANDINA INGREDIENTS
14.3.9 Spectrum Chemical Manufacturing
14.3.10 AEP Colloids
14.3.11 Herbal World