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)

North America is expected to be the largest market for mastic gum during the forecast period, accounting for over 30.5% of the market share in 2023. The growth of the market in North America is attributed to the high consumption of dietary supplements and functional food products containing mastic gum.
Europe is expected to be the second-largest market for mastic gum, accounting for over 27.2% of the market share in 2023. The growth of the market in Europe is attributed to the high demand for natural oral care products.
Asia Pacific is expected to be the fastest-growing market for mastic gum, growing at a CAGR of over 16.8% during the forecast period. The growth of the market in Asia Pacific is attributed to the rising health consciousness and increasing per capita incomes.