MASTIC GUM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Mastic Gum Market, By Type (Chewing Gum, Dental Mastic Gum, Functional Food & Beverages, Nutraceuticals & Dietary Supplements, Personal Care Products, Pharmaceuticals, and Others), By Application (Food & Beverage Industry, Pharmaceutical Industry, Personal Care Industry, and Others), By Distribution Channel (Online Stores, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Recent Developments

New product launches

In September 2022, Naturevibe Botanicals launched organic mastic gum capsules made from wild harvested mastic gum resin. It helps strengthen teeth and gums. NatureVibe Botanicals was founded by Mr. Rishabh Chokhani. It uses natural herbs and ingredients to make products such as Brahmi leaf capsules, essential oils like clove oil, and superfoods that include Amla powder, Yacon root powder, and natural spices.
In January 2021, Meridian Foods launched mastic chewing gums under its brand name Livante. The gum contains 100% natural Chios mastic gum that helps strengthen teeth. Meridian Foods Limited is a private limited company based in the UK. It is involved in the non-specialized wholesale of food, beverages, and tobacco.
In November 2020, Lee Laboratories Pte. Ltd launched mastic gum lozenges containing mastic gum powder that helps alleviate stomach discomfort. Lee Laboratories Pte. Ltd made its inception in 1985 with a staff strength of three and has since grown to twenty five staff. The company started as an agency for Optrex, Mitsubishi, Mining, Neuron and Diguang. Since 1992, Lee Laboratories Pte. Ltd has moved its business up the value chain to become an integrated design solutions provider.

Acquisition and partnerships

In October 2021, Henry Lamotte Oils entered into an exclusive distribution agreement with Chios Mastiha Growers Association to distribute Chios mastic gum products across Germany. Henry Lamotte Food GmbH is a leading supplier of high-quality food from all over the world. It provides tailor-made ingredients for food production and top convenience products for the food trade. As a family-run company, it is now in its fourth generation and are dedicated to and enthusiastic about its work.
In August 2020, Gum Technology Corporation partnered with Latzinos SA to bring authentic mastic gum from Greece into Gum Technology's oral care line of products. Gum Technology Corporation specializes in gum and hydrocolloid blends. Coyote Brand gums, and gum blends extend shelf life by retaining moisture and providing freeze thaw stability.