Food Gums Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0196555
  • Format: Electronic (PDF)
  • Number of Pages: 180
  • Author(s): Joshi, Madhavi

Report Overview

The Food Gums Market size was estimated at USD 3.5 billion in 2023 and is projected to reach USD 6.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.50% during the forecast period (2024-2030).

Food Gums Market

(Market Size)
$3.5 billion
$6.5 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 9.50%
2023 Market Size USD 3.5 billion
2030 Market Size USD 6.5 billion
Key Players DuPont, Cargill, Ingredion, CP Kelco, Ashland

Market Summary

The food gums market is a critical segment within the global food and beverage industry, primarily driven by the escalating demand for processed and convenience foods. Food gums, also known as hydrocolloids, are substances that control the functional properties of water in food systems, providing essential characteristics such as thickening, gelling, emulsifying, and stabilizing. These ingredients are indispensable for enhancing texture, mouthfeel, shelf life, and overall product quality across a wide array of food and beverage applications. The market is characterized by a diverse range of natural and synthetic gums, each serving specific functional roles in product formulations. Key players are continuously engaged in research and development to innovate and meet the evolving consumer preferences for clean-label and natural ingredients. The proliferation of functional foods and beverages further propels the demand for specialized gums that can deliver health benefits alongside technical functionality. Geographically, the market demonstrates a widespread presence with significant consumption across both developed and emerging economies, reflecting the global nature of the modern food supply chain. The industry is also subject to stringent regulatory frameworks that govern the safety and usage levels of these additives in food products, ensuring consumer safety and product consistency.

Key Highlights

The food gums market is distinguished by several pivotal factors that underscore its importance and growth trajectory. A primary highlight is the robust demand for convenience and processed foods, which inherently require stabilizers and thickeners to maintain product integrity and consumer appeal. The shift towards clean-label and natural ingredients has prompted manufacturers to increasingly source gums from natural origins such as plants, seaweed, and microbial fermentation, moving away from synthetic alternatives. This trend is particularly evident in regions with stringent food labeling regulations and health-conscious consumer bases. Another significant aspect is the critical role of food gums in the development of low-fat and low-calorie food products, enabling manufacturers to reduce undesirable components without compromising on texture or taste. The market is also witnessing substantial innovation, with companies investing in the development of novel gum blends that offer multifunctional properties, catering to complex formulation challenges. Furthermore, the expansion of the food service industry and the rising popularity of ethnic cuisines globally have introduced new applications and demand for specific types of gums that can replicate authentic textures. The competitive landscape is marked by the presence of established multinational corporations and specialized ingredient suppliers, all vying for market share through product innovation, strategic acquisitions, and expansion into high-growth regions.

Drivers, Opportunities & Restraints

The growth of the food gums market is propelled by a confluence of powerful drivers, primarily the escalating global consumption of processed and packaged foods. The busy lifestyles of consumers and their increasing reliance on ready-to-eat meals create a sustained demand for ingredients that ensure product stability, texture, and extended shelf life. The pervasive trend towards clean-label products acts as a significant catalyst, driving innovation and investment in natural gum extracts like guar gum, locust bean gum, and xanthan gum. Additionally, the growing health and wellness movement presents a substantial opportunity, as food gums are essential in formulating functional foods, dietary supplements, and products catering to specific nutritional needs such as gluten-free, high-fiber, and low-fat offerings. The expansion of the beverage industry, particularly in functional and dairy-alternative drinks, further opens new avenues for gum applications as stabilizers and emulsifiers. However, the market faces notable restraints, including the volatility in the raw material supply and pricing for certain natural gums, which can impact production costs and profit margins. Stringent and varying regulatory policies across different countries also pose a challenge for global manufacturers, requiring compliance with multiple safety standards and labeling requirements. Furthermore, the availability of alternative ingredients and thickening agents can sometimes limit market growth for specific gum types, compelling suppliers to continuously demonstrate superior functionality and cost-effectiveness.

Concentration Insights

The competitive concentration within the food gums market is characterized by a mix of large, diversified multinational corporations and several specialized, niche players. A handful of major companies, including Cargill, Incorporated, Archer Daniels Midland Company, DuPont de Nemours, Inc., and Ingredion Incorporated, hold significant market shares due to their extensive product portfolios, global distribution networks, and substantial investments in research and development. These industry giants often leverage their broad capabilities to offer customized solutions and technical support to large food and beverage manufacturers. Alongside these leaders, there are numerous smaller companies and regional players that compete by specializing in specific types of gums or by catering to local market needs with cost-effective solutions. The market concentration is also influenced by strategic activities such as mergers, acquisitions, and partnerships, which are common as companies seek to expand their geographic reach and enhance their technological expertise. For instance, acquiring a company with a strong portfolio in natural gums can be a strategic move to capitalize on the clean-label trend. This dynamic creates a moderately concentrated market landscape where innovation, supply chain reliability, and customer relationships are crucial for maintaining a competitive edge. The barriers to entry include the need for significant capital investment in production facilities and the necessity to obtain regulatory approvals, which consolidates the position of established players.

Type Insights

The food gums market is segmented into various types, each with distinct properties and applications that cater to specific needs within food formulation. Key categories include plant-derived gums such as guar gum, locust bean gum, and gum arabic; seaweed extracts like carrageenan, alginate, and agar; microbial fermented gums including xanthan gum and gellan gum; and other synthetic or semi-synthetic variants. Guar gum, sourced from guar beans, is widely prized for its exceptional thickening and stabilizing power and is extensively used in dairy products, sauces, and baked goods. Locust bean gum, derived from carob seeds, is often used in combination with other hydrocolloids to provide a smooth texture in ice creams and dairy desserts. Gum arabic is primarily utilized as an emulsifier and stabilizer in beverage concentrates and confectionery items. Seaweed-based carrageenan is indispensable in dairy and meat products for its gelling and thickening properties, while xanthan gum, produced through bacterial fermentation, is renowned for its versatility and effectiveness in low concentrations across a vast range of applications, from gluten-free baking to salad dressings. The selection of a specific gum type is dictated by the desired functional outcome, compatibility with other ingredients, cost-in-use, and the growing consumer preference for natural and recognizable ingredients on product labels.

Application Insights

Food gums find extensive application across the entire spectrum of the food and beverage industry, playing a vital role in determining the final quality and consumer acceptance of products. In the bakery and confectionery sector, gums are crucial for controlling moisture, improving dough stability, enhancing volume, and providing the desired chewiness or crispness in items like cakes, cookies, and candies. The dairy and frozen dessert industry is a major consumer, utilizing gums to prevent ice crystal formation, improve meltdown characteristics, stabilize emulsions, and provide a creamy mouthfeel in products like ice cream, yogurt, and flavored milk. Beverages, both alcoholic and non-alcoholic, employ gums as stabilizers to suspend pulp and particles, prevent sedimentation, and enhance mouthfeel, which is particularly important in nut milks, fruit juices, and protein drinks. In meat and poultry products, gums act as binders and water retainers, improving yield, texture, and sliceability. Sauces, dressings, and condiments rely heavily on gums for thickening and emulsification, ensuring a consistent viscosity and preventing phase separation. Furthermore, the burgeoning market for convenience foods, ready meals, and plant-based alternatives is creating new and sophisticated applications for food gums, demanding innovative solutions to replicate traditional textures and ensure product stability throughout its shelf life.

Regional Insights

The demand for food gums exhibits distinct regional patterns influenced by dietary habits, food processing intensity, and economic development. North America and Europe represent mature markets with well-established food processing industries. These regions are characterized by high consumer awareness, stringent regulations, and a strong inclination towards clean-label and natural ingredients, driving demand for gums derived from plant and seaweed sources. The Asia Pacific region is identified as the fastest-growing market, fueled by rapid urbanization, rising disposable incomes, and the expanding influence of Western dietary patterns. Countries like China, India, and Japan are witnessing a surge in the consumption of processed foods, beverages, and dairy products, thereby propelling the need for food gums. Latin America and the Middle East and Africa are also emerging as significant markets, with growth driven by the modernization of retail sectors and increasing investment from global food manufacturers. However, regional preferences can vary; for instance, certain gums may be more prevalent based on local raw material availability and traditional food applications. Multinational suppliers must navigate these diverse regional dynamics, adapting their product offerings and strategies to meet local regulatory requirements, taste preferences, and cost expectations to capitalize on the global growth opportunities.

Company Insights

The food gums market features a competitive landscape with several prominent companies exerting considerable influence. Key players include Cargill, Incorporated, which offers a broad portfolio of texture solutions including various gums and hydrocolloids, leveraging its global scale and sourcing capabilities. Archer Daniels Midland Company (ADM) is another major participant, providing a range of natural hydrocolloids and focused on innovation in clean-label ingredients. DuPont de Nemours, Inc., through its Nutrition & Biosciences division, is a leader in microbial gums like xanthan and gellan, offering advanced solutions for complex food systems. Ingredion Incorporated is recognized for its specialty ingredients, including native and modified food gums, and its strategic focus on clean-label and plant-based trends. CP Kelco, a producer of pectin and carrageenan, specializes in seaweed-based hydrocolloids and is known for its technical expertise. Other significant companies include Kerry Group, Tate & Lyle PLC, and Ashland Global Holdings Inc., each contributing to the market with their unique product strengths and application knowledge. These companies compete not only on price and product quality but also on their ability to provide technical support, consistent supply, and customized solutions tailored to the specific challenges faced by food and beverage manufacturers worldwide.

Recent Developments

The food gums market is dynamic, with recent developments reflecting the industry's response to evolving consumer trends and technological advancements. A prominent trend has been the increased investment in research and development aimed at discovering and commercializing new, natural sources of hydrocolloids to meet the clean-label demand. Companies are exploring underutilized plant extracts and improving fermentation processes to create sustainable and label-friendly gum alternatives. Strategic mergers and acquisitions continue to shape the market landscape, as larger entities acquire specialized manufacturers to broaden their product offerings and enhance their technological capabilities. For instance, acquisitions focused on companies with expertise in organic or non-GMO certified gums have been notable. There is also a growing emphasis on sustainability and traceability within the supply chain, with leading players implementing programs to ensure ethical sourcing of raw materials and reduce environmental impact. Furthermore, collaboration between ingredient suppliers and food manufacturers has intensified to co-develop innovative solutions for emerging product categories, such as plant-based meat and dairy alternatives, which require sophisticated gum systems to achieve the desired sensory attributes. These developments indicate a market that is highly adaptive and focused on innovation, sustainability, and meeting the complex formulation needs of the modern food industry.

Report Segmentation

This comprehensive market research report on the food gums industry provides a detailed analysis segmented across multiple dimensions to offer a granular understanding of the market dynamics. The segmentation is primarily based on type, which includes key categories such as guar gum, locust bean gum, gum arabic, carrageenan, xanthan gum, and other hydrocolloids, detailing the consumption patterns and growth prospects for each variant. The report further breaks down the market by application, covering critical sectors like bakery and confectionery, dairy and frozen desserts, beverages, meat and poultry products, sauces and dressings, and other food applications, analyzing the specific functional requirements and demand drivers in each segment. A crucial component of the segmentation is the regional analysis, which assesses the market performance and opportunities across key geographies including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This multi-faceted segmentation allows stakeholders to identify high-growth segments, understand competitive intensities, and pinpoint specific regional markets that present the most promising opportunities for investment and expansion. The analysis within each segment delves into factors influencing demand, prevailing trends, and the competitive landscape, providing actionable intelligence for strategic decision-making.

FAQs

What are food gums made from? Food gums, or hydrocolloids, are derived from a variety of natural sources. These include plants and seeds, such as guar beans for guar gum and carob seeds for locust bean gum. Others are extracted from seaweeds, like carrageenan from red seaweed and alginate from brown seaweed. Certain gums, such as xanthan gum, are produced through the microbial fermentation of sugars. Gum arabic is obtained from the sap of Acacia trees. The source determines the functional properties and application of each gum in food products.

What is the purpose of gums in food? Gums serve multiple essential purposes in food products. Their primary functions include thickening liquids to achieve a desired consistency, stabilizing emulsions to prevent ingredients like oil and water from separating, gelling to form solid or semi-solid structures, and preventing the formation of ice crystals in frozen desserts. They are also used to control moisture, improve texture and mouthfeel, enhance shelf stability, and suspend solid particles in beverages. This makes them indispensable for ensuring the quality, appearance, and sensory appeal of a wide range of processed foods.

Are food gums safe to consume? Yes, food gums that are used in commercial food production are generally recognized as safe for consumption by major regulatory bodies worldwide, such as the U.S. Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA). These agencies evaluate and approve specific gums for use in food, establishing acceptable daily intake levels where necessary. They are used in very small quantities to achieve their technical effect. As with any food ingredient, they must be used in compliance with established regulatory guidelines to ensure consumer safety.

What is the difference between xanthan gum and guar gum? While both xanthan gum and guar gum are popular thickeners and stabilizers, they originate from different sources and possess distinct properties. Xanthan gum is produced through a fermentation process using the Xanthomonas campestris bacterium, resulting in a gum that is highly effective at low concentrations and stable across a wide range of temperatures and pH levels. Guar gum is a natural extract from guar beans and is an excellent thickener, though it can require heating to fully activate and may break down under acidic conditions. They are often used in combination to leverage their synergistic effects in formulations.

Which region is the largest market for food gums? The Asia Pacific region has emerged as a highly significant and rapidly growing market for food gums, driven by its large population, expanding food processing industry, and changing consumer diets. However, in terms of established consumption and sophisticated application, North America and Europe remain very substantial markets due to their mature food and beverage sectors and high per capita consumption of processed foods. The largest market can vary depending on the specific type of gum, but overall, Asia Pacific is often cited as a major driver of global market growth, while North America and Europe are key centers for innovation and value-added products.

Citius Research has developed a research report titled “Food Gums Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Food Gums Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Food Gums Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Food Gums Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Food Gums Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Food Gums Market
• Research Methodology
• Executive Summary
• Market Dynamics of Food Gums Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Food Gums Market
• Cost and Gross Margin Analysis of Food Gums Market
• Food Gums Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Food Gums Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Food Gums Market Key Stakeholders

Below are the key stakeholders for the Food Gums Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Food Gums Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Food Gums Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Food Gums Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Food Gums Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Food Gums Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Food Gums Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Food Gums Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Food Gums Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Food Gums Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Food Gums Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Food Gums Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Food Gums Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Food Gums Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Food Gums Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Food Gums Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Food Gums Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Food Gums Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports