Global Tragacanth Market to 2022- Trends, Industry Size, Share and Revenue Analysis
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<strong>Global</strong> <strong>Tragacanth</strong> <strong>Market</strong> <strong>to</strong> <strong>2022</strong>: <strong>Trends</strong>, <strong>Industry</strong><br />
<strong>Size</strong>, <strong>Share</strong> <strong>and</strong> <strong>Revenue</strong> <strong>Analysis</strong><br />
“The global <strong>Tragacanth</strong> <strong>Market</strong> is projected <strong>to</strong> display a<br />
significant growth in the next couple of years owing <strong>to</strong><br />
augmentation in the applications <strong>and</strong> widening up of scope<br />
across the globe. <strong>Tragacanth</strong> is a mainly a natural gum. It is also<br />
known as gum dragon, Shiraz gum elect, <strong>and</strong> Shiraz gum. The<br />
most extensive use of <strong>Tragacanth</strong> lies in <strong>to</strong>othpastes, vaginal<br />
creams, denture adhesives, h<strong>and</strong> lotions, as well as in jellies<br />
where it is used as an ingredient.”<br />
The global <strong>Tragacanth</strong> <strong>Market</strong> is projected <strong>to</strong> display a significant growth in the next couple of years owing <strong>to</strong><br />
augmentation in the applications <strong>and</strong> widening up of scope across the globe. <strong>Tragacanth</strong> is a mainly a natural gum. It<br />
is also known as gum dragon, Shiraz gum elect, <strong>and</strong> Shiraz gum. The most extensive use of <strong>Tragacanth</strong> lies in<br />
<strong>to</strong>othpastes, vaginal creams, denture adhesives, h<strong>and</strong> lotions, as well as in jellies where it is used as an ingredient. It<br />
also plays a major role as a demulcent in situations involving cold <strong>and</strong> cough. Besides, it is beneficial in managing<br />
diseases like diarrhea <strong>and</strong> maintaining the blood sugar level of the body.<br />
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When it comes <strong>to</strong> the food industry, it is deployed as stabilizing <strong>and</strong> thickening ingredients in various items like salad<br />
dressings, beverages, <strong>and</strong> other food items. As far as the pharmaceutical sec<strong>to</strong>r is concerned, it is employed as a<br />
binding agent in various products. <strong>Tragacanth</strong> <strong>Market</strong> is attaining huge recognition across the globe due <strong>to</strong> its<br />
applicability among various sec<strong>to</strong>rs.<br />
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The fac<strong>to</strong>rs that are acting as key boosters <strong>to</strong> the overall <strong>Tragacanth</strong> market may entail rising dem<strong>and</strong>s of <strong>Tragacanth</strong>,<br />
rise in the urbanization, increased in the disposable income, rising food products dem<strong>and</strong>, augmentation in the<br />
applications, robust growth of food <strong>and</strong> pharmaceutical sec<strong>to</strong>r, <strong>and</strong> rise in the investments by the leading companies.<br />
The only fac<strong>to</strong>r that is impeding the overall growth of the market may include availability of the alternative products.<br />
The market is segmented by product as Flakes, Ribbons, <strong>and</strong> others. <strong>Tragacanth</strong> <strong>Market</strong> is divided by application as<br />
Personal Care & Cosmetics, Foods, Pharmaceuticals & medical, <strong>and</strong> others. Others may include industrial uses such as<br />
production of crayons & ceramics, wood match production, leather curing, <strong>and</strong> textile & paper processing.<br />
<strong>Tragacanth</strong> <strong>Market</strong> is segmented by type of distribution channel as Mass Retailers, Direct Selling, Internet Retailing,<br />
<strong>and</strong> others. The market is classified by geography as North America, Europe, China, Japan, Southeast Asia, <strong>and</strong> India.<br />
Geographically, Asia-Pacific is currently leading the market <strong>and</strong> is accounting for the greatest share in the market<br />
globally. The fac<strong>to</strong>rs that can be attributed <strong>to</strong> the market growth may entail robust growth of gum market, rise in the<br />
population, mounting health concerns among the masses, emerging economies, <strong>and</strong> rising end-user applications.<br />
Countries including China <strong>and</strong> India are recognized as the major contribu<strong>to</strong>rs in the <strong>Tragacanth</strong> market growth.<br />
In contrast, North America is also witnessing a significant growth in the <strong>Tragacanth</strong> industry due <strong>to</strong> rise in the<br />
production capacity of <strong>Tragacanth</strong>, augmented dem<strong>and</strong>s among the end users, increased supply of natural gums,<br />
growth of food, cosmetics, pharmaceutical, as well as personal care sec<strong>to</strong>rs.<br />
The prominent players contributing in the development of the <strong>Tragacanth</strong> <strong>Market</strong> are recognized as Hawkins Alfa<br />
Chemical Corp., Watts Limited, Scents of Earth, Colony Gums, Kachabo Gums, Arthur Branwell, Wizard’s Cauldron, Inc.,<br />
Kachabo Gums, Hawkins Watts, <strong>and</strong> Lakrena International.<br />
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<strong>Market</strong> Segment:<br />
Geographically, this report is segmented in<strong>to</strong> several key Regions, with production, consumption, revenue (million<br />
USD), market share <strong>and</strong> growth rate of <strong>Tragacanth</strong> in these regions, from 2012 <strong>to</strong> <strong>2022</strong> (forecast), covering<br />
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
<strong>Global</strong> <strong>Tragacanth</strong> market competition by <strong>to</strong>p manufacturers, with production, price, revenue (value) <strong>and</strong> market<br />
share for each manufacturer; the <strong>to</strong>p players including<br />
• Hawkins Watts<br />
• Lakrena International<br />
• Scents of Earth<br />
• Kachabo Gums<br />
On the basis on the end users/applications, this report focuses on the status <strong>and</strong> outlook for major applications/end<br />
users, consumption (sales), market share <strong>and</strong> growth rate of <strong>Tragacanth</strong> for each application, including<br />
• Food <strong>Industry</strong><br />
• Pharmaceuticals<br />
• Cosmetics
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