Tragacanth Market Value Chain, Dynamics and Key Players (2017 - 2027)

1. Tragacanth Market Information, Figures and Analytical Insights 2017 – 2027 April 2017 Report Id : REP-GB-3194 Status : Ongoing Category : Food and Beverages ©2015 Future Market Insights, All Rights Reserved

2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2

3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

4. Tragacanth Market Tragacanth Market Information, Figures and Analytical Insights 2017 – 2027 Tragacanth is widely used as a stabilizing, viscosity enhancing agent in food emulsions. According to the EC food Regulation 231/2012, tragacanth is defined as a dry exudation derived from the branches and stems of strains of Astragalus gummifer Labillardiere and other Asiatic species of Astragalus. It is mainly produced in the Middle East region. Owing to the high viscosity of tragacanth, it is used as a stabilizer for acidic emulsions such as salad dressing. With increasing demand for tragacanth as a thickening agent in the pharmaceutical and cosmetics industry, it is expected that global tragacanth market will grow at a rapid pace during the forecast period. Market Dynamics of Tragacanth: Tragacanth market is expected to be driven by its increasing application in various industries such as food, pharmaceuticals, and cosmetics. Tragacanth has found application in the food industry as a food additive while it is used as an excipient in pharmaceutical industry. It is used as a stabilizer in pourable dressings due to its acid stability, long shelf life, and salt compatibility. In confectionery, it is used as a binder and emulsifier to bring cohesion and to enhance its flavor. In cosmetics, owing to the high viscosity and film forming properties, tragacanth is widely used for hair fixator cream in association with other natural gums. Pharmaceutical segment of tragacanth includes the application scope in oral ingestion, toothpastes, mineral & fish oil emulsion and other external lotions such as body lotions and hand lotions. Tragacanth has also found use in the pharmaceutical industry to perform applications such as oral ingestion, mineral & fishoil emulsion, and other external lotions such as body lotions and hand lotions. In ©2015 Future Market Insights, All Rights Reserved 4

5. Tragacanth Market textile industry, it is used as a sizing agent to enhance bonding characteristics among the resin systems. These application presents a positive outlook of tragacanth market during the forecast period. However, growth of global tragacanth market is expected to be challenged by the presence of substitutes such as xanthan gum. Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3194 Market Segmentation of Tragacanth: Tragacanth market is segmented on the basis of product form, application, and geography. Based upon form, tragacanth market is segmented into flakes and ribbons. Ribbon form of tragacanth is expected to hold relatively high share in the global tragacanth market over the forecast period. Ribbon form of tragacanth has found wide application in the food, confectionery, pharmaceutical, and cosmetics application. On the basis of application, global tragacanth market is segmented into food, pharmaceuticals, cosmetics and personal care, and others. Others include applications such as leather curing, wood match manufacturing, crayons and ceramics manufacturing etc. Among applications, food segment is expected to witness relatively higher consumption of tragacanth owing to its ability to act as a stabilizing, thickening, emulsifying and suspending agent in the low calorie milk shakes, mayonnaise products, sauces and other beverages. Regional Outlook of Tragacanth: ©2015 Future Market Insights, All Rights Reserved 5

6. Tragacanth Market Based on geography, tragacanth market is segmented into seven different regions namely Asia-Pacific, Middle East and Africa, Latin America, Western Europe, Eastern Europe, North America, and Japan. Tragacanth is majorly produced in Iran followed by Turkey. Some of the major importing countries of tragacanth includes the European countries, the U.S., and Japan. It is expected that the demand for tragacanth from these regions will increase on the account of rise in demand-supply gap of natural gums. North America is projected to hold relatively higher value share in the global tragacanth market. High demand from the North America region can be attributed to the high investments made by manufacturers owing to increasing tragacanth demand. Asia Pacific is expected to witness rapid growth in the tragacanth market during the reviewed period. Emerging economies such as China, India provides growth opportunities for the players in tragacanth market to expand their revenue base. Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3194 Key Market Players in Tragacanth: Some of the key players in the tragacanth market include Hawkins Watts Limited, Lakrena International, Scents of Earth, Kachabo Gums, Triarco Industries Inc., Alfa Chemical Corp. and Wizard’s Cauldron, Inc., Polygal AG among others. ©2015 Future Market Insights, All Rights Reserved 6

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