Tragacanth Market Report: Trends, Forecast and Competitive Analysis to 2030
상품코드:1599937
리서치사:Lucintel
발행일:2024년 11월
페이지 정보:영문 150 Pages
라이선스 & 가격 (부가세 별도)
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한글목차
트라가칸트 동향 및 전망
세계 트라가칸트 시장은 제약 및 의료, 식품, 퍼스널케어, 화장품 시장에서 유망한 시장입니다. 세계 트라가칸트 시장은 2024년부터 2030년까지 연평균 3.8%의 성장률을 보일 것으로 예상됩니다. 시장 촉진요인으로는 트라가칸트가 건강에 좋다는 인식이 소비자들에게 널리 퍼지고 있다는 점, 음식점에서의 수요 증가, 화장품 및 제약 산업에서의 사용 증가 등을 꼽을 수 있습니다.
제품별로 보면 Lucintel은 식품, 제약, 화장품 산업에서 리본형 트라가칸트가 널리 사용되고 있기 때문에 예측 기간 동안 리본형 트라가칸트가 더 큰 부문을 차지할 것으로 예상했습니다.
최종 용도별로는 식품 제조 산업이 주형 드레싱의 안정제, 증점제, 현탁액, 유화제로 인해 가장 큰 부문을 차지할 것으로 보입니다.
지역별로는 섬유 및 제지 산업에서의 사용 확대, 식음료 분야에서의 수요 증가, 제약 산업에서의 결합제 사용 증가로 인해 북미가 예측 기간 동안 가장 큰 시장으로 남을 것으로 보입니다.
트라가칸트 시장의 전략적 성장 기회
트라가칸트 시장은 기술 발전과 소비자 선호도 변화로 인해 다양한 용도에서 전략적 성장 기회가 있습니다.
제약 용도 트라가칸트는 제약 제제에 널리 사용되어 진정한 성장 기회를 얻을 수 있습니다. 트라가칸트는 천연 증점 및 안정화 작용을 가지고 있어 방출 제어형 제제 및 겔형 제제 개발에 적합합니다. 이러한 용도는 업계의 천연 첨가제로의 전환과 일치하며 시장 성장을 촉진할 수 있습니다.
음료 및 식품 산업 : 음료 및 식품 분야에서는 특히 클린 라벨 및 천연 제품에 트라가칸트를 사용할 수 있는 기회가 많습니다. 트라가칸트의 겔화 및 농축 특성은 소비자가 원하는 특수 식품을 개발하는 데 필수적입니다.
퍼스널케어 및 화장품 퍼스널케어 및 화장품은 유망한 성장 분야입니다. 트라가칸트의 독특한 특성은 고급 스킨케어와 화장품의 질감과 안정성을 향상시킵니다. 자연스럽고 효과적인 퍼스널케어 제품에 대한 소비자의 요구가 증가함에 따라 트라가칸트의 역할이 점점 더 중요해지고 있습니다.
지속가능한 조달지속가능한 조달에 대한 투자는 시장에서의 포지셔닝을 향상시킬 수 있습니다. 환경 친화적인 수확 방식과 공정무역에 집중함으로써 기업은 경쟁사와 차별화하고 환경적 책임에 대한 고객의 기대에 부응할 수 있습니다.
기술 혁신 : 추출 및 가공 기술의 기술적 진보에 따른 성장 가능성이 있습니다. 트라가칸트의 품질과 기능성을 향상시키는 기술 혁신은 다양한 분야에서 트라가칸트의 용도를 다양화하여 시장 확대에 기여할 수 있습니다.
트라가칸트 시장의 전략적 성장 기회로는 의약품, 화장품, 기능성 식품, 전통의학, 지속가능한 제품 등으로의 확장을 꼽을 수 있습니다. 이러한 기회를 활용하면 시장 성장을 촉진하고 변화하는 소비자 니즈에 대응하며 시장 내 입지를 강화할 수 있습니다.
트라가칸트 시장의 촉진요인 및 과제
트라가칸트는 밀 수액을 건조시켜 얻은 천연 껌으로, 독특한 농축, 유화, 안정화 작용이 있어 주로 식품, 의약품, 화장품 산업에서 사용되고 있습니다. 다재다능하고 귀중한 원료인 트라가칸트 시장은 성장과 발전에 영향을 미치는 다양한 촉진요인과 과제에 영향을 받고 있습니다. 이러한 요인을 이해하는 것은 복잡한 시장을 이해하고 그 기회를 효과적으로 활용하고자 하는 이해관계자들에게 필수적입니다.
트라가칸트 시장을 이끄는 요인은 다음과 같습니다.
식품 산업에서의 수요 증가 식품 산업에서의 수요 증가 : 식품 산업은 트라가칸트 시장의 주요 촉진요인입니다. 소스, 드레싱, 베이커리 등 다양한 식품에 증점제, 안정제, 유화제로 사용되어 수요를 촉진하고 있습니다. 또한, 가공식품 및 간편식 트렌드도 트라가칸트에 대한 수요를 증가시키고 있습니다.
확대되는 제약 용도 제약 분야에서 트라가칸트는 정제 및 기타 의약품의 결합제 및 안정제로서 시장 성장에 큰 기여를 하고 있습니다. 특히 신흥 시장에서의 제약 산업 확대가 트라가칸트의 소비 확대를 주도하고 있습니다.
화장품 및 퍼스널케어 산업의 확대 트라가칸트는 유화제 및 겔화제로서 화장품 및 퍼스널케어 산업에도 사용되고 있습니다. 천연 소재와 유기농 화장품에 대한 수요가 증가함에 따라 트라가칸트의 사용은 더욱 보편화되고 있습니다.
천연 성분에 대한 인식이 높아지고 소비자의 건강 지향과 환경 의식이 높아짐에 따라 천연 재료와 지속가능한 재료로의 전환이 이루어지고 있습니다. 천연 껌인 트라가칸트는 이러한 트렌드에 힘입어 다양한 산업 분야에서 채택률이 증가하고 있습니다.
트라가칸트 시장의 과제는 다음과 같습니다.
공급망 문제 : 트라가칸트는 특정 지역에서 조달되기 때문에 기후 조건, 지정학적 요인, 경제적 불안정성 등으로 인해 공급이 중단될 수 있습니다. 이러한 공급망 문제는 가격 변동과 수급 문제로 이어질 수 있습니다.
높은 생산 비용 : 트라가칸트의 수확과 가공에는 많은 노동력과 비용이 소요됩니다. 그 결과, 합성 대체품에 비해 가격이 높아져 시장 경쟁력을 저해할 수 있습니다.
생산 지역의 제한적 트라가칸트의 원료가 되는 밀의 재배는 주로 중동과 아시아 일부 지역 등 특정 지역에만 국한되어 있습니다. 이러한 지리적 집중은 공급의 제약으로 이어져 시장의 안정성에 영향을 미칩니다.
트라가칸트 시장은 식품, 제약, 화장품 산업의 수요 증가와 천연 소재에 대한 관심 증가로 인해 유망한 시장입니다. 그러나 이 시장은 공급망 문제, 생산 비용 상승, 규제 장벽 등의 현저한 도전에 직면해 있습니다. 이해관계자들은 위험을 줄이고 새로운 기회를 활용하기 위한 전략적 수단을 채택하여 이러한 복잡한 상황을 극복해야 합니다. 시장이 발전함에 따라 지속적인 성장과 발전을 위해서는 시장 촉진요인과 도전 과제를 모두 해결하는 균형 잡힌 접근 방식이 필수적일 것으로 보입니다.
목차
제1장 주요 요약
제2장 세계의 트라가칸트 시장 : 시장 역학
소개, 배경, 분류
공급망
업계 성장 촉진요인과 과제
제3장 2018년부터 2030년까지 시장 동향과 예측 분석
거시경제 동향(2018-2023년)과 예측(2024-2030년)
세계의 트라가칸트 시장 동향(2018-2023)과 예측(2024-2030)
세계의 트라가칸트 시장 : 제품별
리본
플레이크
트라가칸트 세계 시장 : 최종 용도별
의약품·의료
식품
퍼스널케어·화장품
기타
제4장 2018년부터 2030년까지 지역별 시장 동향과 예측 분석
지역별 트라가칸트 시장 세계
북미의 트라가칸트 시장
유럽의 트라가칸트 시장
아시아태평양의 트라가칸트 시장
기타 지역의 트라가칸트 시장
제5장 경쟁 분석
제품 포트폴리오 분석
운영 통합
Porter's Five Forces 분석
제6장 성장 기회와 전략 분석
성장 기회 분석
세계의 트라가칸트 시장 제품별 성장 기회
세계의 트라가칸트 시장 최종 용도별 성장 기회
세계의 트라가칸트 시장 지역별 성장 기회
세계의 트라가칸트 시장 최신 동향
전략 분석
신제품 개발
세계의 트라가칸트 시장 생산능력 확대
세계의 트라가칸트 시장 합병, 인수, 합작투자
인증과 라이선싱
제7장 주요 기업 개요
Hawkins Watts
Kachabo Gums
Lakrena
Scents of Earth
Alfa Chemical
ksm
영문 목차
영문목차
Tragacanth Trends and Forecast
The future of the global tragacanth market looks promising with opportunities in the pharmaceutical & medical, food, personal care & cosmetic markets. The global tragacanth market is expected to grow with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing consumer knowledge of tragacanth's numerous health advantages, rising F&B demand for the herb, and increasing product use in the cosmetics and pharmaceutical industries.
Lucintel forecasts that, within the product type category, ribbon will remain the larger segment over the forecast period due to the extensive use of ribbon-form tragacanth across the food, pharmaceutical, and cosmetic industries.
Within the end-use category, the food manufacturing industry will remain the largest segment due to stabilizing, thickening, suspending, and emulsifying agents in pourable dressings.
In terms of regions, North America will remain the largest segment over the forecast period due to expanding applications in the textile and paper industries, growing demand from the food and beverage sector, and the pharmaceutical industry's increasing use of the product as a binding agent.
Gain valuable insights for your business decisions with our comprehensive 150+ page report.
Emerging Trends in the Tragacanth Market
The tragacanth market is witnessing several emerging trends that are shaping its growth and application across various industries.
Natural/Organic Products: Pharmaceuticals, foods, and cosmetics are increasingly shifting towards the use of natural organic materials. Tragacanth, a natural gum, fits into this trend due to its perception as being much safer than synthetic alternatives and its eco-friendly nature. Thus, the transition has been fueled by the rise in demand for clean-label products coupled with sustainable practices.
Sustainable Sourcing: The sustainable sourcing of tragacanth is gaining momentum. Companies are investing in practices that ensure the gum is harvested in an environmentally friendly manner, minimizing ecological impact. This includes promoting fair trade practices and supporting local communities involved in production, aligning with broader sustainability goals.
Innovative Uses: The applications of tragacanth extend far beyond the traditional. Groundbreaking uses include its incorporation into specialized drug preparations, new food items, and high-quality cosmetic products. This trend indicates the versatility of this gum and its potential to meet diverse needs across industries.
Technological Advancement: The improvement of extraction and processing technologies is enhancing the quality and efficiency of tragacanth production. These advancements include improved drying techniques and better purification processes, resulting in a higher grade of tragacanth with improved performance characteristics, thereby spurring market growth.
Increased Regulatory Oversight: Regulatory scrutiny over the quality and safety of natural gums like tragacanth has increased with its rising usage. This has led to more stringent standards and certifications intended to ensure that only safe and effective tragacanth products are produced, affecting both production methods and marketing strategies.
These trends are reshaping the tragacanth market by driving the adoption of natural ingredients, enhancing production technologies, and promoting sustainability. The integration of Tragacanth into various traditional and modern applications reflects its growing versatility and importance in multiple industries.
Recent Developments in the Tragacanth Market
Recent developments in the tragacanth market highlight its expanding applications and innovations across key regions. These developments are influencing production practices, market dynamics, and consumer preferences.
Advanced Extraction Techniques: Recent progress in extraction technology has led to improved efficiency and quality during tragacanth production. Gum yields increase with novel procedures that enhance purity, making it more functional for various purposes. High-quality pharmaceuticals typically contain high-value genuine tragacanth gum.
Increased Application in Pharmaceuticals: Natural gelling and emulsifying agents, such as tragacanth, have become integral to drug formulations because they provide thickening properties. Additionally, innovations like controlled-release drug delivery systems and medicinal gels now incorporate tragacanth to provide the pharmaceutical industry with effective natural excipients.
Growth in the Food Sector: The food manufacturing sector is increasingly adopting natural thickening and gelling agents like tragacanth. This is evident in the rise of specialty foods and clean-label products, which reflect a shift toward natural ingredients. As a result, these products promote healthier eating options that are transparent about their ingredients.
Expansion in Personal Care Products: Tragacanth has gained traction in the personal care sector, particularly in high-end cosmetics and skincare items, due to its unique properties. For instance, various innovations utilize this gum to improve product texture or stability, catering to the growing demand for both natural and safe cosmetics.
Sustainability Initiatives: There is an emphasis on sustainable practices within the tragacanth market. These initiatives include methods designed to minimize the environmental impact of gum harvesting and support fair trade. Global sustainability goals are reflected in these efforts, meeting consumers' demand for environmentally friendly goods.
These developments are driving significant changes in the tragacanth market. Technological advancements, production expansions, sustainability efforts, and regulatory improvements are shaping the market's future, enhancing the quality and versatility of Tragacanth, and expanding its applications across industries.
Strategic Growth Opportunities for Tragacanth Market
The tragacanth market presents several strategic growth opportunities across various applications, driven by technological advancements and changing consumer preferences.
Pharmaceutical Applications: Tragacanth can be used more extensively in pharmaceutical formulations to unlock real growth opportunities. Its natural thickening and stabilizing properties make it an excellent option for developing controlled-release medications or gel-based products. This application aligns with the industry's shift toward natural excipients and can drive market growth.
Food and Beverage Industry: The food and beverage sector offers many opportunities for tragacanth, particularly within clean-label and natural product lines. Its gelling and thickening properties are essential in developing specialty foods, which are highly sought after by consumers today.
Personal Care and Cosmetics: Personal care and cosmetics represent a promising area for growth. Tragacanth's unique properties enhance texture and stability in high-end skincare and cosmetic products. As consumer demand for natural and effective personal care solutions grows, tragacanth's role in this sector becomes even more crucial.
Sustainable Sourcing: Investment in sustainable sourcing will improve market positioning. By focusing on eco-friendly harvesting methods or supporting fair trade, companies can meet customer expectations for environmental responsibility while differentiating themselves from competitors.
Technological Innovations: There is potential for growth through the adoption of technological advancements in extraction and processing techniques. Enhancements that improve the quality and functionality of tragacanth will diversify its applications across various sectors, thereby contributing to market expansion.
Strategic growth opportunities in the Tragacanth market include expansion in pharmaceuticals, cosmetics, functional foods, traditional medicine, and sustainable products. Leveraging these opportunities can drive market growth, meet evolving consumer demands, and enhance market positioning.
Tragacanth Market Driver and Challenges
Tragacanth is a natural gum obtained from the dried sap of the Astragalus plant, primarily used in the food, pharmaceutical, and cosmetic industries due to its unique thickening, emulsifying, and stabilizing properties. As a versatile and valuable ingredient, the tragacanth market has been influenced by a range of drivers and challenges that impact its growth and development. Understanding these factors is essential for stakeholders aiming to navigate the complexities of the market and leverage its opportunities effectively.
The factors driving the tragacanth market include:
Rising Demand in the Food Industry: The food industry is a major driver of the tragacanth market. Its use as a thickening agent, stabilizer, and emulsifier in various food products, including sauces, dressings, and bakery items, fuels demand. The increasing trend toward processed and convenience foods further boosts the need for tragacanth.
Growing Pharmaceutical Applications: In the pharmaceutical sector, tragacanth's role as a binder and stabilizer in tablet formulations and other medicinal products significantly contributes to market growth. The expanding pharmaceutical industry, particularly in emerging markets, drives increased consumption of tragacanth.
Expansion of the Cosmetic and Personal Care Industry: Tragacanth is also used in the cosmetic and personal care industry for its emulsifying and gelling properties. With the growing demand for natural and organic cosmetic products, the use of tragacanth is becoming more prevalent.
Increasing Awareness of Natural Ingredients: As consumers become more health-conscious and environmentally aware, there is a shift toward natural and sustainable ingredients. Tragacanth, being a natural gum, benefits from this trend, leading to higher adoption rates across various industries.
Challenges in the tragacanth market include:
Supply Chain Issues: Tragacanth is sourced from specific regions, and its supply can be vulnerable to disruptions due to climatic conditions, geopolitical factors, or economic instability. These supply chain challenges can lead to price volatility and availability issues.
High Cost of Production: The process of harvesting and processing tragacanth can be labor-intensive and costly. This results in a higher price point compared to synthetic alternatives, which may hinder its competitiveness in some markets.
Limited Production Regions: The cultivation of Astragalus plants, the source of tragacanth, is limited to certain geographic regions, mainly in the Middle East and parts of Asia. This geographic concentration can lead to supply constraints and impact market stability.
The tragacanth market presents a promising landscape driven by increasing demand across the food, pharmaceutical, and cosmetic industries, coupled with a growing preference for natural ingredients. However, the market faces notable challenges, including supply chain issues, high production costs, and regulatory hurdles. Stakeholders must navigate these complexities by adopting strategic measures to mitigate risks and capitalize on emerging opportunities. As the market evolves, a balanced approach addressing both drivers and challenges will be crucial for sustained growth and development.
List of Tragacanth Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tragacanth companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tragacanth companies profiled in this report include-
Hawkins Watts
Kachabo Gums
Lakrena
Scents of Earth
Alfa Chemical
Tragacanth by Segment
The study includes a forecast for the global tragacanth by product type, end use, and region.
Tragacanth Market by Product Type [Analysis by Value from 2018 to 2030]:
Ribbons
Flakes
Tragacanth Market by End Use [Analysis by Value from 2018 to 2030]:
Pharmaceuticals & Medical
Foods
Personal Care & Cosmetics
Other
Tragacanth Market by Region [Shipment Analysis by Value from 2018 to 2030]:
North America
Europe
Asia Pacific
The Rest of the World
Country Wise Outlook for the Tragacanth Market
The Tragacanth market is growing well, with innovations in product applications and increased demand across various sectors being the major drivers. Regional needs and technological progress are shaping the changes in Tragacanth, a natural gum widely used in pharmaceuticals, cosmetics, and the food industry. Broader trends and local industry dynamics can be observed in the major changes happening in key countries such as the United States, China, Germany, India, and Japan.
United States: In the U.S., there has been a growing preference for tragacanth because it may be hypoallergenic or organic. Some of its applications include specialty food items and natural cosmetics. Organic products are increasingly being promoted, especially those with clean labels, which drives demand for high-quality tragacanth in these areas.
China: Improved agricultural practices and better processing technologies are helping China increase its production of tragacanth. Recently, China has begun exploring its use in traditional Chinese medicine, in addition to increasing its use in the food processing industry both domestically and abroad.
Germany: In Germany, there is a focus on integrating tragacanth into pharmaceuticals and cosmetics. New formulations that leverage their natural properties to enhance drug delivery systems and personal care item development align with the current trend toward environmentally friendly and natural ingredients. This trend is encouraging the adoption of tragacanth in German pharmaceuticals and cosmetics.
India: India's growing production capacity and export-oriented approach make it an important player in the tragacanth market. Recent developments are focused on improving extraction methods to boost both quantity and quality. Traditional applications have emphasized natural curves, while modern applications are shifting toward medical cures.
Japan: Japan has been focusing on high-end applications of tragacanth, particularly in the cosmetic and personal care sectors. Premium products that utilize its specific characteristics for texture and stability are among the latest innovations. Natural products and premium brands represent a significant market, as demonstrated by the fast-growing demand for top-quality beauty products.
Features of the Global Tragacanth Market
Market Size Estimates: Tragacanth market size estimation in terms of value.
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Tragacanth market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Tragacanth market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, end use, and regions for the tragacanth market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tragacanth market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
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This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the tragacanth market by product type (ribbons and flakes), end use (pharmaceuticals & medical, foods, personal care & cosmetics, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Global Tragacanth Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Tragacanth Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Tragacanth Market by Product Type
3.3.1: Ribbons
3.3.2: Flakes
3.4: Global Tragacanth Market by End Use
3.4.1: Pharmaceuticals & Medical
3.4.2: Foods
3.4.3: Personal Care & Cosmetics
3.4.4: Other
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Tragacanth Market by Region
4.2: North American Tragacanth Market
4.2.1: North American Market by Product Type: Ribbons and Flakes
4.2.2: North American Market by End Use: Pharmaceuticals & Medical, Foods, Personal Care & Cosmetics, and Other
4.3: European Tragacanth Market
4.3.1: European Market by Product Type: Ribbons and Flakes
4.3.2: European Market by End Use: Pharmaceuticals & Medical, Foods, Personal Care & Cosmetics, and Other
4.4: APAC Tragacanth Market
4.4.1: APAC Market by Product Type: Ribbons and Flakes
4.4.2: APAC Market by End Use: Pharmaceuticals & Medical, Foods, Personal Care & Cosmetics, and Other
4.5: ROW Tragacanth Market
4.5.1: ROW Market by Product Type: Ribbons and Flakes
4.5.2: ROW Market by End Use: Pharmaceuticals & Medical, Foods, Personal Care & Cosmetics, and Other
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Tragacanth Market by Product Type
6.1.2: Growth Opportunities for the Global Tragacanth Market by End Use
6.1.3: Growth Opportunities for the Global Tragacanth Market by Region
6.2: Emerging Trends in the Global Tragacanth Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Tragacanth Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Tragacanth Market