The study covers a detailed analysis segmented by key business segments i.e. , by application (Food & Beverages, Cosmetics, Pharmaceuticals and Others) and major geographies. Research Analyst at AMA predicts that United States, India Vendors will contribute to the maximum growth of Global Karaya Gum market throughout the predicted period.
What is Karaya Gum?
Karaya gum is a vegetable gum also called Sterculia gum produced as an exudate by genus sterculia trees. It is used in food, cosmetics, and food as well as in pharmaceuticals as adhesive and laxative. It is less viscous in water and in other liquids and it does not change the flavor or texture of the original drink. Key players are focusing on discovering different product applications of karaya gum in the food and pharmaceutical industry driving the demand for the karaya gum market.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Karaya Gum market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- Alland & Robert (France)
- Nutriroma (India)
- Neelkanth Finechem LLP (India)
- Kapadia Gum Industries Pvt.Ltd. (India)
- Sigma-Aldrich Corporation (United States)
- ISC Gums (United States)
- ANDINA INGREDIENTS LTD (United Kingdom)
- Spectrum Chemical Manufacturing Corp (United States)
“According to the conceptual framework for the risk assessment of certain food additives, re‐evaluated under Commission Regulation (EU) No 257/2010 (EFSA ANS Panel, 2014) and given that, karaya gum is practically undigested and not fermented by intestinal bacteria and is not or only negligibly absorbed unchanged. The authorization for karaya gum (E 416) in the Commission Regulation (EU) No 231/2012 should only cover the gum derived from Sterculia spp. (gum sterculia) and not from Cochlospermum spp. (gum kondagogu) due to the limitations of the toxicological database of the latter.”
The market of Karaya Gum is expected to grow with rising demand from food industry. Several companies are operating in the market to provide Karaya Gum with number of unique features. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio.
Market Trend
Growing Applications in the Naturally Derived Gum in Drug Formations
Restraints
- Stringent Government Regulations Regarding Karaya Gum
Opportunities
Increasing Demand form Pharmaceutical Industry and Growing Demand from the Developing Economies Such As India
Key highlights of the Global Karaya Gum market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Karaya Gum market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Karaya Gum market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Karaya Gum Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Karaya Gum market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Karaya Gum market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Karaya Gum Manufacturers, Karaya Gum Distributors, Research and Development Institutes, Potential Investors, Raw Material Suppliers, Nationalized Laboratory and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.