Top Industry Leaders in the Gum Rosin Market
January 2023
Acacia gum is a recent component that has been introduced by French ingredients player Alland & Robert. Plant-based formulations can benefit from Syndeo Gelling's novel and multifaceted stabilizing, gelling, thickening, binding, and texturing qualities as well as improved mouthfeel.
The fact that many of these items demand gelatin as an ingredient, which is typically created from collagen obtained from animals, is one of the major issues encountered by food makers, and in particular manufacturers of candy, gummies, and other marshmallows.
Consumers now seek out items made with plant-based ingredients because they are more concerned about their diets, the environment, and ethical issues. Gum acacia is combined with organic hydrocolloids from plants to create Syndeo Gelling. As a result, it can be utilized to create vegetarian or vegan food products.
For confectionery producers looking for gelatin alternatives, Syndeo Gelling's qualities offer a creative answer. Being of plant origin, it enhances the perception of sweets while leaving less of a negative environmental impact than goods of animal origin. This product provides thickening, stabilizing, bulking, and binding capabilities to recipes for confectionery, jelly sweets, and marshmallows without changing the sensory properties of jelly sweets.
August 2023
Le Labo has introduced a scent that is distinctive to Shanghai. The gum rosin, which is still widely used today, is also recognized as a medicinal "blood mover" in Chinese traditional medicine and is frequently found in cologne and incense. The fragrance is supported by an ambergris and musk base with traces of jasmine and patchouli on top of Myrrh, which has an incense-and-licorice-flavor.
Eastman announced its Q2 2024 results on July 25, 2024, showing a solid year-over-year growth in sales attributable to their Advanced Materials segment and improvements at the Kingsport methanolysis facility.
In January of this year, Guangdong Komo Co., Ltd opened a new manufacturing plant in southern China, thus increasing its production capacity. This is aimed at meeting rising worldwide demand and boosting its position in the gum rosin industry.
Xinsong Resin Co., Ltd. announced an alliance with one of Europe’s largest distributors with a view to enhancing Xinsong’s presence in the European market in May 2023. The export sales are expected to see a huge increase through this strategic partnership, which will result in increased market reach.
Symrise AG completed an acquisition of Sensient Technologies Corporation’s aroma chemicals business on April 1st, 2021
Key Companies in the Gum Rosin market include
- INDONESIA PINUS (Indonesia)
- Eastman Chemical Company
- Midhills (India)
- MEGARA RESINS (Greece)
- Naval Overseas (Indonesia)
- Wuzhou Pine Chemicals Ltd.
- Merck KGaA (Germany)
- Pihera (Mexico)