Press release
Gum Arabic Market to Reach US$ 1,206.35 million by 2027, Globally, by 2027 at 6.1% CAGR: The Insight Partners
Gum Arabic Market
Report Spotlights:
• Progressive industry trends in the global gum arabic market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the market from 2017 to 2027
• Estimation of the demand for gum arabic across various industries
• PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
• Recent developments to understand the competitive market scenario and the demand for gum arabic
• Market trends and outlook coupled with factors driving and restraining the growth of the gum arabic market
• Decision-making process by understanding strategies that underpin commercial interest with regard to global gum arabic market growth
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Gum arabic, also known as acacia gum, gum sudani, Arabic gum, gum acacia, acacia, Indian gum, Senegal gum, and by other names, is a natural gum produced from the sap of the Acacia trees. Gum arabic is extensively used in several applications in the food & beverages industry. It is mainly used to prepare toffees, pastilles, gums, and flavoured beverages. The gum arabic market is witnessing significant growth owing to increasing consciousness toward gum arabic's multi-functionality. Moreover, the rising applications of gum arabic across the pharmaceutical sector offer lucrative opportunities for the key players operating in the global gum arabic market.
In 2019, Europe contributed to the largest share in the global gum arabic market. The growth of the market in this region is primarily attributed to the transforming lifestyle trends concerning the food & beverage industry, which has had a considerable influence on the gum arabic market in Europe. There is a growing need for natural thickeners to produce clean labels across European market, which is driving the growth of the gum arabic market in Europe.
The COVID-19 outbreak was first reported in Wuhan, China, in December 2019. As of December 2020, the US, Brazil, India, Russia, France, the UK, Italy, Spain, Argentina, Colombia, Germany, and Mexico are among the worst affected countries in terms of COVID-19 confirmed cases and reported deaths. The COVID-19 pandemic is adversely affecting economies and industries in various countries due to lockdowns and business shutdowns. The food & beverages is one of the significant industries facing severe disruptions such as office and factory shutdown and supply chain break, which is restraining the growth of the global gum arabic market.
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Market Insights
Growing Awareness about Multi-Functionality of Gum Arabic
Gum arabic is used to treat various diseases. It improves patients' digestive systems and enhances appetite. Gum arabic is categorized as a nondigestible dietary fiber. It also exhibits a few medicinal benefits such as reducing dental plaque and wounds healing, which encourage the application of gum arabic in the pharmaceutical sector. Moreover, gum arabic (acacia Senegal) is a complex polysaccharide indigestible to both humans and animals. Gum arabic is also one of the most usually used foaming agents and emulsifier, drying agent, and stabilizer in various products. It is a natural plant-based hydrocolloid or plant or tree exudate composed of polysaccharide and Arabinogalactan protein (AGP) fractions. These give desirable amphiphilic (hydrophobic-hydrophilic) molecular characteristics and reliable emulsifying function to gum arabic. Gum arabic also has water-loving and water-hating components that work in tandem to create a mixture between components that generally don't mix, such as oil and water or air and water. The functional properties of gum arabic mainly depend on its source, type, and molecular structure, especially the AGP fraction present in the gum.
Therefore, growing awareness regarding the multi-functionality, inclination for natural products in the food & beverage industry, and related medicinal benefits are likely to enhance the growth of the gum arabic market in the forecast period.
Type Insights
Based on type, the global Gum arabic market is bifurcated into senegalia senegal gum and vachellia seyal gum. The senegalia senegal gum segment dominated the market in 2019. The gum is capable to repair the atmospheric nitrogen and improve soil condition. The senegalia senegal gum can also be used as an additive in crafts, cosmetics, and food items. The gum is considered to have antidote effects. The seed provides oil which can be used in dyes and soap making.
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Global Gum Arabic Market, by Type
Senegalia Senegal Gum
Vachellia Seyal Gum
Global Gum Arabic Market, by Function
Thickener
Stabilizer
Gelling Agent
Others
Global Gum Arabic Market, by Application
Bakery and Confectionery
Beverages
Dairy and Frozen Products
Others
Company Profiles
AEP Colloids
Agrigum International Limited
Alland & Robert
Farbest Brands
Hawkins Watts Limited
ISC Gums
Kerry Group
Nexira
Somar Corp
TIC Gums, Inc.
Contact Us:
If you have any queries about this report or if you would like further information,
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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