The Europe Tragacanth Market is worth USD xx million in 2018 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2023. The Europe Tragacanth market is developing at an exceptionally quick pace.
Gum tragacanth is an odorless, tasteless, viscous, water-soluble mixture of polysaccharides which is obtained from sap that is drained from the root of the plant and dried. The gum seeps from the plant in twisted ribbons or flakes which are powdered. It absorbs water to become a gel, which can be converted into a paste. Tragacanth is widely used as a demulcent for cold and cough and is also for diarrhea treatment. It is also used to lower the blood sugar level.
The significant drivers are wide range of applications ranging from food to pharmaceutical, rising demand for tragacanth gum, growing urbanization, and increasing disposable incomes. Also increasing application of tragacanth in cosmetics, pharmaceuticals and textile industry is further expected to boost the industry. In pharmaceutical sector tragacanth is used in oral ingestion, toothpastes, mineral & fish oil emulsion and other external lotions such as body lotions, hand lotions etc. However availability of substitute product like xanthan gum limits the growth of Tragacanth market.
The Europe Tragacanth market is segmented on the basis of product type, application type, distribution channels and region. Based on product type the market is segmented into ribbons and flakes. Ribbons had largest market share owing to superior quality over flakes. Based on application type the market is segmented into pharmaceuticals & medical, foods, personal care & cosmetics and others. Foods segment had the largest share followed by pharmaceutical industry. Based on distribution channel the market is segmented into Internet Retailing, Mass Retailers, Direct Selling, and others.
By geography this market is classified into UK, Spain, Germany, France and others. Europe is assumed as developed market and is anticipated to witness significant growth in the forecast period.
Kachabo Gums, Lakrena International, Hawkins Watts Limited, Scents of Earth, Alfa Chemical Corp. and Wizard’s Cauldron, Inc. are the leaders in the Europe Tragacanth market.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product Type
5.1.1 Introduction
5.1.2 Ribbons
5.1.3 Flakes
5.1.4 Y-o-Y Growth Analysis, By Product Type
5.1.5 Market Attractiveness Analysis, By Product Type
5.1.6 Market Share Analysis, By Product Type
5.2 Application Type
5.2.1 Introduction
5.2.2 Pharmaceuticals & medical
5.2.3 Foods
5.2.4 Personal Care & Cosmetics
5.2.5 Others
5.2.6 Y-o-Y Growth Analysis, By Application Type
5.2.7 Market Attractiveness Analysis, By Application Type
5.2.8 Market Share Analysis, By Application Type
5.3 Distribution Channels
5.3.1 Introduction
5.3.2 Internet Retailing
5.3.3 Mass Retailers
5.3.4 Direct Selling
5.3.5 Others
5.3.6 Y-o-Y Growth Analysis, By Distribution Channels
5.3.7 Market Attractiveness Analysis, By Distribution Channels
5.389 Market Share Analysis, By Distribution Channels
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product Type
6.1.3.3 By Application Type
6.1.3.4 By Distribution Channels
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product Type
6.1.4.3 By Application Type
6.1.4.4 By Distribution Channels
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product Type
6.1.5.3 By Application Type
6.1.5.4 By Distribution Channels
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Hawkins Watts Limited
8.1.1 Overview
8.1.2 Product Type Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Kachabo Gums
8.3 Lakrena International
8.4 Alfa Chemical Corp.
8.5 Polygal AG
8.6 Arthur Branwell
8.7 Neostar United
8.8 Scents of Earth
8.9 Shaanxi Top Pharm
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
