Global Gum Arabic By Type (Senegalia Senegal, Vachellia Seyal), Function (Thickener, Fast Replacer, Stabilizer, Gelling Agent, Coating Agent, Texturant, Others), Application (Confectionary, Beverage Products, Bakery Products, Dairy Products, Sauces & Dressings, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Gum arabic ensures even distribution of sugar within the liquid and aids in the prevention of crystal precipitation at the rock bottom. Gum arabic has medicinal properties and, because it is high in dietary fibre, can be consumed with water to treat stomach problems. Furthermore, it is widely used in traditional lithography and printing.
Data Bridge Market Research analyses that the gum arabic market was valued at USD 802.3 million in 2021 and is expected to reach the value of USD 1262.43 billion by 2029, at a CAGR of 5.83% during the forecast period of 2022 to 2029.
Market Definition
Gum arabic, also known as acacia gum, meska, and chaar gund/goond, is a natural emulsifier derived from the hardened sap of two acacia tree species (Senegalia senegal (Acacia) and Vachellia (Acacia) seyal). Acacia trees can be found on the African west coast and the Indian subcontinent.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Senegalia Senegal, Vachellia Seyal), Function (Thickener, Fast Replacer, Stabilizer, Gelling Agent, Coating Agent, Texturant, Others), Application (Confectionary, Beverage Products, Bakery Products, Dairy Products, Sauces & Dressings, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Kerry Group plc (Ireland), Bettera Brands LLC (US), The Clorox Company (US), Softigel (US), Nature's Way Products, LLC (US), Zanonvitamec (US), OLLY Public Benefit Corporation (US), Herbaland Naturals Inc. (Canada), Hero Nutritionals (US), SmartyPants Inc. (US), The Nature's Bounty Co. (US), IM Healthcare (India), Nutra Solutions (US), Makers Nutrition, LLC (US), Vitakem Nutraceutical Inc. (US), Bayer AG (Germany), Ernest Jackson (UK), Boscogen, Inc (US), Santa Cruz Nutritionals Inc. (US)
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Opportunities
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Global Gum Arabic Market Dynamics
Drivers
- Rising popularity of natural and organic products
The rising popularity of natural products in the food and beverage industries is expected to fuel the significant growth rate of the gum arabic market during the research period. Furthermore, gum arabic products are high in dietary fibre, which helps with bowel movement and digestion. As a result, the consumption of gum arabic is increasing. Even manufacturers and producers are emphasising the nutritional benefits of gum arabic in their promotional materials. Furthermore, gum arabic products are in high demand because they are organic and high in fibre content.
- Expansion of gum Arabic application in various industries
Alternatively, the gum arabic is widely used as a thickening agent in the production of gum arabics. Furthermore, gum arabic powder is used as an additive in ceramic glazes, as an adhesive in rolling papers, and as a binder in the manufacture of watercolour paints. Furthermore, gum arabic is widely used in the food industry as a microencapsulating agent in confectionery, beverage, bakery, and dairy production. As a result, during the assessment period, gum arabic products were the fastest-growing product in the gum arabic market. As a result, gum arabic applications are expanding in a variety of industries, which is expected to drive the global gum arabic market growth.
Opportunity
The increasing number of domestic vendors and e-commerce channels are expanding the opportunities for key players and manufacturers. Furthermore, growing consumer preferences for natural ingredients are another major factor driving opportunities for gum arabic liquid manufacturers and key players.
Restraints
The global gum arabic market may face constraints as a result of raw material shortages and price fluctuations in gum arabic products. The global gum arabic market has recently faced a major challenge in the form of a coronavirus outbreak. This global pandemic has affected almost all of the global market's manufacturers and producers, which has had a direct impact on global market demand.
This gum arabic market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gum arabic market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Gum Arabic Market
Due to the global pandemic, many regions have imposed shutdown, lockdown, and social distancing guidelines. This has had a direct impact on the global Gum Arabic Market's growth. The global market was in a slump, and no one was willing to invest in gum Arabic products. As a result, the global key players have implemented certain appropriate ideas and tactics to boost the reduced demand for gum Arabic products. In the current scenario, the global market is expected to increase market revenue during the forecast period.
Recent Development
- The South Sudanese government launched the Gum Arabic export, also known as Acacia Gum, for the first time in December 2020.
- Alland & Robert released a new document in January 2020 explaining acacia gum and its benefits in reducing sugar consumption.
- CaraGum launched a low-cost gum Arabic emulsifier called CaraGum EM CG 108-2 in June 2018.
Global Gum Arabic Market Scope
The gum arabic market is segmented on the basis of type, function and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Senegalia Senegal
- Vachellia Seyal
Function
- Thickener
- Fat Replacer
- Stabilizer
- Gelling Agent
- Coating Agent
- Texturing
- Others
Application
- Confectionary
- Beverage Products
- Bakery Products
- Dairy Products
- Sauces & Dressings
- Others
Gum Arabic Market Regional Analysis/Insights
The gum arabic market is analysed and market size insights and trends are provided by country, type, function and application as referenced above.
The countries covered in the gum arabic market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The North American region is expected to generate the highest food-grade gum arabic market share. Countries in this region, such as Canada and the United States, are making a greater contribution to the growth of the global gum arabic market. Asia-Pacific is predicted to generate the highest growth rate in the global gum arabic market during the assessment period. This region is expanding due to the increasing use of gum Arabic in the personal care and pharmaceutical industries. Aside from that, rising gum arabic usages in painting, ceramics, and printmaking are expected to play a significant role in the region's gum arabic industrial growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Gum Arabic Market Share Analysis
The gum arabic market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to gum arabic market.
Some of the major players operating in the gum arabic market are:
- Kerry Group plc (Ireland)
- Bettera Brands LLC (US)
- The Clorox Company (US)
- Softigel (US)
- Nature's Way Products, LLC (US)
- Zanonvitamec (US)
- OLLY Public Benefit Corporation (US)
- Herbaland Naturals Inc. (Canada)
- Hero Nutritionals (US)
- SmartyPants Inc. (US)
- The Nature's Bounty Co. (US)
- IM Healthcare (India)
- Nutra Solutions (US)
- Makers Nutrition, LLC (US)
- Vitakem Nutraceutical Inc. (US)
- Bayer AG (Germany)
- Ernest Jackson (UK)
- Boscogen, Inc (US)
- Santa Cruz Nutritionals Inc. (US)
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