At 6.1% of CAGR Gum Arabic Market Share will increase and aimed to cross US$ 1,206.35 million in 2027

According to the research report titled Gum Arabic Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Senegalia Senegal Gum and Vachellia Seyal Gum), Function (Thickener, Stabilizer, Gelling Agent, and Others), and Application (Bakery and Confectionery, Beverages, Dairy and Frozen Products, and Others), available with The Insight Partners, Gum Arabic market was evaluated at US$ 759.74 million in 2019 and is anticipated to be worth UUS$ 1,206.35 million by 2027, expanding at 6.1% CAGR throughout. The study examines the market exhaustively and entails detailed information regarding the key factors stimulating market augmentation over the forecast timeframe. This information is supported with examples and instances taken from both primary and secondary sources.

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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.

A few key players operating in the gum arabic market are AEP Colloids; Agrigum International Limited; Alland & Robert; Farbest Brands; Hawkins Watts Limited; ISC Gums; Kerry Group; Nexira; Somar Corp; and TIC Gums, Inc. Major players in the market are focusing on strategies such as mergers and acquisitions, and product launches to increase the geographical presence and consumer base globally.

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.

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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.

GLOBAL GUM ARABIC MARKET SEGMENTATION

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

TABLE OF CONTENT

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Gum Arabic Market Landscape

5. Gum Arabic Market - Key Market Dynamics

6. Gum Arabic - Global Market Analysis

7. Global Gum Arabic Market Analysis - By Type

8. Global Gum Arabic Market Analysis - By Function

9. Global Gum Arabic Market Analysis - By Application

10. Gum Arabic Market - Geographic Analysis

11. Impact of COVID-19 Pandemic on Global Gum Arabic Market

12. Company Profiles

13. Appendix

LIST OF TABLES

LIST OF FIGURES

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