Ghatti
Gum Market: Overview
Gum
Ghatti is obtained from the dried exudates of a tree found mainly in
India and Srilanka called as Anogeissus Latifola. The exudates from
the tree are processed in a way that the gums with barks are fed to
processing machines where barks are detached from gum. The finer
crushed particles are then screened and removed . Then gum is now
hand-sorted into various grades according to color and amount of
impurity. During the process of particle breakdown, impurities are
removed from gum while working on spray so as to dry the soluble
friction to obtain powdered gum Ghatti.
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Ghatti
Gum Market: Drivers & Restraints
The
major factors driving the growth of the Ghatti Gum Market is its
usage as a flavoring fixative in specific applicants. The major
factor driving the market is its use as an emulsifier and stabilizer
in beverages and butter containing table syrups. The market also
attracts the consumers by the product's capability to improve
resistance to water damage. The product is high in demand due to its
ability to make a colloidal solution in hot and cold water.
The
limitation of the market is the seasonal production capacity of gum
ghatti.
The
market is expected to grow during the forecasted years due to its
usage in a large number of applications and improved technology used
for the production process. There are basically three grades of
Ghatti gum available which are exported to various countries. The No.
1 grade is light in color with the content of ash and comparatively
high viscosity. Number 2 grade is light amber to brown and the third
grade i.e. unassorted grade is dark brown to nearly black in color.
Ghatti
Gum Market: Market Segmentation
The
Ghatti Gum Market is segmented into four parts based on the grade
type, application type, function type, and geography. Among Grade
type segment, the No. 1 grade is the leading segment in the Ghatti
Gum Market due to its use of flavoring fixative in powdered
beverages.
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Among
application type, the food & beverage segment is the leading
segment for its major usage in functional processes of emulsifying
and stabilizing food ingredients.
Based
on the grade type, the Ghatti Gum market is segmented into:
- Grade No. 1
- Grade No. 2
- Unassorted Grade
Based
on the application type the Ghatti Gum market is segmented into:
- Beverages
- Paper manufacturing
- Dairy & Frozen Dessert
- Confectionery
Based
on the function type the Ghatti Gum market is segmented into:
- Thickening
- Binding
- Gelling
Ghatti
Gum Market: Regional Outlook
Regarding
geography, Ghatti Gum Market has been categorized into six regions
including North America, Latin America, Europe, APEJ, Japan and
Middle East Africa. Ghatti Gum market is expected to register healthy
growth in the forecast period due to growing demand for flavored
products in various applications. Asia-Pacific region is expected to
witness promising growth rate for gums, owing to the popularity of
western food trends in the forecasted years. Europe is expected to
dominate the market for gums of all kinds, in terms of revenue during
the forecast period. This is due to the high rate of production and
consumption of gums in the region, which also allows for export of
Ghatti Gum throughout the world.
Ghatti
Gum Market: Key Players
Some
of the key players identified in the Ghatti Gum market are:-
- Gum Technology Corporation
- Herbal World
- Krystal Colloids Pvt Ltd.
- Nutriroma
- Penta Manufacturing Company
- Sigma-Aldrich
- Panjiva
- HPI Gums
- ISC Europe
- Kapadia Gum Industries Pvt. Ltd.
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