The Gum Arabic Market Size was esteemed at USD 390.74 million out of 2022 and is supposed to arrive at USD 681.47 million by 2030, and develop at a CAGR of 7.2% over the forecast period 2023-2030.
Gum arabic is acquired from the sap of the Acacia trees tracked down in the belt of dry terrains in Africa, including nations like Sudan, Nigeria, and Chad. Gum arabic can be utilized to carry out different roles and has various applications in the Organic Food And Beverages industry. Gum arabic is utilized as a limiting specialist to tie the food particles together while holding their actual properties. It is utilized in an assortment of food items, like gums, pastilles, toffees, and cola-seasoned refreshments, for adjustment and emulsification.
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Gum arabic is a complicated polysaccharide inedible to the two creatures and people. Besides, it has been considered a protected dietary fiber by the Food and Drug Administration (FDA) since the 1970s. Acacia gum contains water-solvent dietary strands that are great fiber for diet as well as assist with controlling sugar levels and lower blood cholesterol. In this manner, it is broadly utilized in food and refreshments and drug ventures.
Ashland Global Holdings Inc. (NYSE: ASH), reports an essential survey of its presentation glues specialty unit. Ashland expects to assess all choices regarding the specialty unit, including a possible deal. The choice is reliable with the organization's system to develop its coordinated added substance fixings portfolio zeroed in on its administrative roles in its center pharma, individual consideration, and coatings organizations.
Driving Factors:
Gum Arabic is exceptionally utilized as a microencapsulating specialist in dessert shops, refreshments, pastry kitchens, and dairy creations in the food business.
The gum arabic powder is utilized for ceramic coatings as an added substance, for moving papers as glue, and for assembling watercolor paints as a cover.
Restraining Factors:
The unrefined substance deficiency.
Cost variance.
Opportunities:
The developing number of homegrown sellers.
Expanding web-based business channels.
Challenges:
Covid challenge
Because of the worldwide pandemic, numerous locales have forced the rules of closure, lockdown, and social removal. This has straightforwardly influenced the development of the worldwide Gum Arabic Market. The worldwide market was running confused, and no one was prepared to put resources into gum Arabic items. Subsequently, the worldwide central members have embraced specific reasonable thoughts and strategies to elevate the diminished requests for gum Arabic items. In the current situation, the worldwide market is anticipated to develop its market income for the conjectured time frame.
By Application:
Given the application portion, the worldwide Gum Arabic Market has been arranged into individual consideration, drugs and nutraceuticals, food and refreshments, and others. Further, the food and refreshments application portions are ordered into dairy and frozen items, pastry shop and ice cream parlor, plunges and dressings, drinks, sauces, and others. Subsequently, the food and refreshments application section is anticipated to expand the most noteworthy income share for the food-grade gum arabic market.
By Type:
Based on type fragment, the worldwide Gum Arabic Market has been grouped into two sorts: Vachellia (Acacia) Seyal and Senegalia (Acacia) Senegal. Among these two kinds, the Senegalia (Acacia) Senegal type portion is anticipated to create the biggest piece of the pie for the gauge time frame. Likewise, the worldwide market has anticipated being the quickest developing section across the world.
By Function:
The worldwide Gum Arabic Market is grouped into the gelling specialist, thickeners, stabilizers, and others given the capability portion. Out of all capabilities, the thickeners or thickening capability rules the gauge time frame's significant portion of the overall industry. Additionally, being the quickest developing fragment in the exploration period has been anticipated.
By Type:
Senegalia (Acacia) Senegal
Vachellia (Acacia) Seyal
By Function:
Thickeners
Stabilizers
Gelling Agent
Others
By Application:
Food & Beverages
Bakery & Confectionery
Dairy Products & Frozen Products
Beverages
Sauces
Dips & Dressings
Others
Pharmaceuticals & Nutraceuticals
Personal Care
Others
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North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The worldwide food-grade gum arabic market is fragmented into different areas like North America, Asia Pacific, Europe, and the remainder of the world. The North American area is anticipated to create the biggest food-grade gum arabic piece of the pie for the examination time frame. Around here, the nations like Canada and the US are offering higher to the development of the worldwide Gum Arabic Market. Additionally, Asia-Pacific is anticipated to create the most noteworthy development rate in the worldwide Gum Arabic Market during the appraisal time frame. This district is developing a result of the rising gum arabic application in the individual consideration and drugs enterprises. Aside from that, the rising gum arabic utilizations in painting, ceramics, and printmaking are assessed to assume a significant part in the gum arabic modern development around here. Additionally, gum arabic is widely utilized in lower-calorie confectionary items to supplant the deficiency of mouthfeel, surface, and body. Normally, this happens as a result of sugar substitution by fake sugars. Likewise, gum arabic is broadly utilized as a shade stabilizer and as a covering specialist in biting gum. Besides, gum arabic utilization is anticipated to increment at a high rate because of expanding ventures in the Asia-Pacific locale and expanding food and drinks industry in the gum arabic market in the North America district.
Gum Arabic Company, Nexira, Kerry Group, Tic Gums Inc., Agrigum International Limited, Farbest Brands, Archer Daniels Midland Company, Ashland Inc, Hawkins Watts, Prodigy NIG Limited.
| Report Attributes | Details |
| Market Size in 2022 | US$ 390.74 Mn |
| Market Size by 2030 | US$ 681.47 Bn |
| CAGR | CAGR of 7.2% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (Senegalia (Acacia) Senegal and Vachellia (Acacia) Seyal) • by Function (Thickeners, Stabilizers, Gelling Agent, and others) • by Application (Food & Beverages (Bakery & Confectionery, Dairy & Frozen Products, Beverages, Sauces, Dips & Dressings, and others) Pharmaceuticals & Nutraceuticals, Personal Care and others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Gum Arabic Company, Nexira, Kerry Group, Tic Gums Inc., Agrigum International Limited, Farbest Brands, Archer Daniels Midland Company, Ashland Inc, Hawkins Watts, Prodigy NIG Limited. |
| Key Drivers | • The gum arabic powder is utilized for ceramic coatings as an added substance, for moving papers as glue, and for assembling watercolor paints as a cover. |
| Market Opportunities | • The developing number of homegrown sellers. • Expanding web-based business channels. |
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The base year calculated in the Gum Arabic Market report is 2021.
Ans: Gum Arabic Company, Nexira, Kerry Group, Tic Gums Inc., Agrigum International Limited, Farbest Brands, Archer Daniels Midland Company, Ashland Inc, Hawkins Watts, Prodigy NIG Limited.
Ans: The unrefined substance deficiency and Covid challenge are the restrains/challenges faced by the Gum Arabic market.
Ans: The Global Gum Arabic Market Size is supposed to arrive at USD 593.2 million by 2028, and develop at a CAGR of 7.2% over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Gum Arabic Market segmentation, By Type:
8.1 Senegalia (Acacia) Senegal
8.2 Vachellia (Acacia) Seyal
9. Global Gum Arabic Market segmentation, By Function:
9.1 Thickeners
9.2 Stabilizers
9.3 Gelling Agent
9.4 Others
10. Global Gum Arabic Market segmentation, By Application:
10.1 Food & Beverages
10.1.1 Bakery & Confectionery
10.1.2 Dairy & Frozen Products
10.1.3 Beverages
10.1.4 Sauces
10.1.5 Dips & Dressings
10.1.6 Others
10.2 Pharmaceuticals & Nutraceuticals
10.3 Personal Care
10.4 Others
11. Global Chicory Market, by region/ country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 PMV Nutrient Products Pvt Ltd
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Farmvilla Food Industries Pvt Ltd
12.3 Murlikrishna Foods Pvt Ltd
12.4 Starwest Botanicals
12.5 STOKROS Company Ltd
12.6 Nature’s Gold Production
12.7 Organic Herb Trading Co
12.8 Narasu’s Coffee Company
12.9 NP Nutra
12.10 Shaanxi Sciphar Natural Product Co Ltd.
12.11 Jamnagar Chicory Industries
12.12 Herbs & Crops Overseas.
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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