Global Ester Gum Market 2024-2028
The ester gum market is forecasted to grow by USD 121.2 mn during 2023-2028, accelerating at a CAGR of 4% during the forecast period. The report on the ester gum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from food and beverage industry, increasing demand for functional foods and beverages, and rising awareness about benefits of ester gum.
Technavio's ester gum market is segmented as below:
By Application
- Chewing gum
- Beverages
- Paints
- Cosmetics
- Others
By Product
- Polymerized rosins of glycerol ester (PRGE)
- Glycerol esters of wood rosin (GEWR)
- Glycerol esters of gum rosins (GEGR)
- Penta ester gum
- Maleic adduct of gum rosin
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing demand for organic gums as one of the prime reasons driving the ester gum market growth during the next few years. Also, proliferation of new flavors and varieties and expanding distribution channels will lead to sizable demand in the market.
The report on the ester gum market covers the following areas:
- Ester gum market sizing
- Ester gum market forecast
- Ester gum market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ester gum market vendors that include Arakawa Chemical Industries Co. Ltd., Cardinal Chemicals Pvt. Ltd., Eastman Chemical Co., Foreverest Resources Ltd., Foshan Baolin Chemical Industry Co. Ltd., Jubilant Bhartia Group, Les Derives Resiniques Et Terpeniques, Mahendra Rosin and Turpentine Pvt. Ltd., Mangalam Organics Ltd., MPD INDUSTRIES PVT. LTD., Pinova Inc., POLIMEROS SINTETICOS, PT INDOPICRI, Shanghai Bichain Industrial Chemical Co. Ltd., Sood Paper and Allied Chemicals, Symrise AG, Uniform Synthetics Pvt. Ltd., and Zhejiang Xinsong Resin Co. Ltd.. Also, the ester gum market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.