As per Intent Market Research, the Mastic Gum Market was valued at USD 0.8 Billion in 2024-e and will surpass USD 1.5 Billion by 2030; growing at a CAGR of 10.5% during 2025-2030.
The mastic gum market is experiencing significant growth due to increasing consumer interest in natural products that offer both health and flavor benefits. Derived from the resin of the mastic tree, primarily found on the Greek island of Chios, mastic gum has been used for centuries in food, medicine, and cosmetics. Its diverse range of applications and health benefits, such as antimicrobial, anti-inflammatory, and digestive properties, make it a key ingredient in many industries, from pharmaceuticals to personal care. As demand for natural and organic products rises, the mastic gum market is poised for continued growth, especially in markets such as Europe, North America, and Asia.
Pure Mastic Gum Is Largest Owing to Its Versatility and Demand in Multiple Sectors
Among the various product types in the mastic gum market, pure mastic gum holds the largest market share due to its widespread application across several industries. As a natural resin, pure mastic gum is used directly in its raw form for health and wellness products, as well as in the food industry as a flavoring agent. Its high demand in pharmaceuticals, where it is used for digestive health, and in food, where it imparts a unique flavor, contributes to its dominant market position. Pure mastic gum also plays a key role in the cosmetics industry for its anti-aging properties, further solidifying its importance in the market.
The use of pure mastic gum in health supplements and functional food products is gaining traction due to its well-documented therapeutic properties, such as supporting gastrointestinal health and fighting oral infections. This broad utility in diverse consumer products has led to continued strong demand, making pure mastic gum the market leader.
Food & Beverages Application Is Fastest Growing Due to Rising Demand for Natural Ingredients
The food and beverages segment of the mastic gum market is the fastest-growing application, driven by increasing consumer preference for natural and organic ingredients. Mastic gum is used as a flavoring agent in chewing gum, sweets, and beverages, where its distinctive taste sets it apart from other flavor additives. Its ability to enhance the taste and offer functional benefits, such as promoting digestive health, has made it an attractive ingredient in a variety of food products.
Additionally, the rise of natural and clean-label trends within the food industry is further fueling the demand for mastic gum. With consumers becoming more health-conscious, the appeal of mastic gum as a natural alternative to synthetic chemicals is driving its inclusion in a growing number of food and beverage products. This trend is especially strong in Europe and North America, where there is a growing emphasis on sustainability and health.
Pharmaceutical Industry End-User Is Largest, Driven by Increasing Health Applications
The pharmaceutical industry represents the largest end-user segment in the mastic gum market due to its use in health-related applications, including digestive health, anti-inflammatory treatments, and oral care products. Mastic gum’s antimicrobial properties make it effective in treating gastrointestinal disorders, ulcers, and infections, leading to its increasing adoption in medicines and supplements. As the global focus on wellness continues to grow, pharmaceutical companies are increasingly incorporating mastic gum into their products due to its natural origins and proven efficacy.
The pharmaceutical industry's dominance is also tied to the growing demand for natural and holistic treatment options, which has gained momentum with the rise of complementary and alternative medicine. This trend toward natural ingredients is expected to continue driving the consumption of mastic gum in pharmaceutical products, contributing to the overall market growth.
Europe Region Is Largest, Benefiting from Historical and Cultural Significance
Europe is the largest region in the mastic gum market, particularly due to the geographical location of the mastic tree on the Greek island of Chios. This region has a long history of using mastic gum in culinary, medicinal, and cosmetic products, which continues to drive its demand. The strong presence of traditional mastic gum producers, such as the Chios Mastic Growers Association, has helped Europe maintain its leadership position in the market.
The European market is also supported by a well-established demand for natural and organic products, with consumers increasingly seeking products that align with clean-label trends and sustainable sourcing. Additionally, the European Union’s regulations regarding the use of natural ingredients in food and pharmaceuticals help foster the growth of the mastic gum market, ensuring high-quality production standards that meet consumer expectations.
Competitive Landscape and Leading Companies
The mastic gum market is highly fragmented with a number of players competing for market share across various product types and applications. Leading companies in the mastic gum market include Chios Mastic Growers Association, Mastihashop, Kalimera Chios, and Mastic Group. These companies are focused on product development, improving harvesting techniques, and increasing production capacity to meet rising demand from global markets.
In terms of competition, companies are focusing on strengthening their supply chains, increasing their market presence through e-commerce platforms, and offering new product formulations to appeal to a broad range of industries. Furthermore, there is a trend towards expanding the product portfolio to include mastic gum-based oils, powders, and extracts, catering to the needs of food, cosmetics, and pharmaceutical industries. These efforts are helping leading players maintain a competitive edge and sustain long-term market growth.
List of Leading Companies:
- Chios Mastic Growers Association
- Mastihashop
- Kalimera Chios
- Chios Mastiha Co. Ltd.
- Mastic Group
- D. Mastiha
- Sundial Group
- Enozo
- Mastihashop.com
- Tata Chemicals
- Arian International
- Alma-Ata Mastiha
- Pimco
- Leucadia Mastiha
- P.S. Mastihashop
Recent Developments:
- Mastihashop has introduced a range of new skincare products infused with mastic gum, emphasizing its anti-aging properties.
- The Chios Mastic Growers Association has expanded its production facility to meet the growing global demand for natural mastic gum.
- Mastic gum extract has been officially approved for use in medicinal applications across several European countries.
- Mastihashop has entered a strategic partnership with major pharmaceutical companies to research and develop new health supplements using mastic gum.
- Kalimera Chios has adopted more sustainable harvesting practices for mastic gum, helping to preserve the ecosystem on the island of Chios.
Report Scope:
Report Features |
Description |
Market Size (2024-e) |
USD 0.8 Billion |
Forecasted Value (2030) |
USD 1.5 Billion |
CAGR (2025 – 2030) |
10.5% |
Base Year for Estimation |
2024-e |
Historic Year |
2023 |
Forecast Period |
2025 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Mastic Gum Market, by (Product Type: Pure Mastic Gum, Mastic Gum Extract, Mastic Gum Powder, Mastic Gum Oil; Application: Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, Chewing Gum; End-User Industry: Food Industry, Pharmaceutical Industry, Cosmetics Industry, Healthcare Industry) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
Chios Mastic Growers Association, Mastihashop, Kalimera Chios, Chios Mastiha Co. Ltd., Mastic Group, D. Mastiha, Sundial Group, Enozo, Mastihashop.com, Tata Chemicals, Arian International, Alma-Ata Mastiha, Pimco, Leucadia Mastiha, P.S. Mastihashop |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Mastic Gum Market, by Product Type (Market Size & Forecast: USD Million, 2023 – 2030) |
4.1. Pure Mastic Gum |
4.2. Mastic Gum Extract |
4.3. Mastic Gum Powder |
4.4. Mastic Gum Oil |
5. Mastic Gum Market, by Application (Market Size & Forecast: USD Million, 2023 – 2030) |
5.1. Food & Beverages |
5.2. Pharmaceuticals |
5.3. Cosmetics & Personal Care |
5.4. Chewing Gum |
5.5. Others |
6. Mastic Gum Market, by End-User Industry (Market Size & Forecast: USD Million, 2023 – 2030) |
6.1. Food Industry |
6.2. Pharmaceutical Industry |
6.3. Cosmetics Industry |
6.4. Healthcare Industry |
6.5. Others |
7. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
7.1. Regional Overview |
7.2. North America |
7.2.1. Regional Trends & Growth Drivers |
7.2.2. Barriers & Challenges |
7.2.3. Opportunities |
7.2.4. Factor Impact Analysis |
7.2.5. Technology Trends |
7.2.6. North America Mastic Gum Market, by Product Type |
7.2.7. North America Mastic Gum Market, by Application |
7.2.8. North America Mastic Gum Market, by End-User Industry |
7.2.9. By Country |
7.2.9.1. US |
7.2.9.1.1. US Mastic Gum Market, by Product Type |
7.2.9.1.2. US Mastic Gum Market, by Application |
7.2.9.1.3. US Mastic Gum Market, by End-User Industry |
7.2.9.2. Canada |
7.2.9.3. Mexico |
*Similar segmentation will be provided for each region and country |
7.3. Europe |
7.4. Asia-Pacific |
7.5. Latin America |
7.6. Middle East & Africa |
8. Competitive Landscape |
8.1. Overview of the Key Players |
8.2. Competitive Ecosystem |
8.2.1. Level of Fragmentation |
8.2.2. Market Consolidation |
8.2.3. Product Innovation |
8.3. Company Share Analysis |
8.4. Company Benchmarking Matrix |
8.4.1. Strategic Overview |
8.4.2. Product Innovations |
8.5. Start-up Ecosystem |
8.6. Strategic Competitive Insights/ Customer Imperatives |
8.7. ESG Matrix/ Sustainability Matrix |
8.8. Manufacturing Network |
8.8.1. Locations |
8.8.2. Supply Chain and Logistics |
8.8.3. Product Flexibility/Customization |
8.8.4. Digital Transformation and Connectivity |
8.8.5. Environmental and Regulatory Compliance |
8.9. Technology Readiness Level Matrix |
8.10. Technology Maturity Curve |
8.11. Buying Criteria |
9. Company Profiles |
9.1. Chios Mastic Growers Association |
9.1.1. Company Overview |
9.1.2. Company Financials |
9.1.3. Product/Service Portfolio |
9.1.4. Recent Developments |
9.1.5. IMR Analysis |
*Similar information will be provided for other companies |
9.2. Mastihashop |
9.3. Kalimera Chios |
9.4. Chios Mastiha Co. Ltd. |
9.5. Mastic Group |
9.6. D. Mastiha |
9.7. Sundial Group |
9.8. Enozo |
9.9. Mastihashop.com |
9.10. Tata Chemicals |
9.11. Arian International |
9.12. Alma-Ata Mastiha |
9.13. Pimco |
9.14. Leucadia Mastiha |
9.15. P.S. Mastihashop |
10. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Mastic Gum Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Mastic Gum Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Mastic Gum Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.
NA