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Gum Arabic Market is Estimated to Grow at a CAGR of 5.8% within the forecast period of 2022-2030: Cognitive Market Research
Gum Arabic Market is Estimated to Grow at a CAGR of 5.8% within the forecast period of 2022-2030: Cognitive Market Research
Gum Arabic is mostly derived from the sap of Acacia trees, which is called acacia gum. The majority of these are found in portions of Africa, particularly in nations such as Nigeria and Chad. Gum Arabic not only keeps all of the food particles together but also aids in maintaining the physical properties of the product. Gum Arabic is widely used in the production of gums, toffees, and black drinks for the purposes of emulsification and stability. Arabic gum plays a significant role in the food and beverage industry.
Summary:
• Global Gum Arabic market was valued at USD 398.6 Mn in 2021 and is expected to exhibit a CAGR of 5.8% during the forecast period (2022-2030).
• North America dominates the global gum arabic market with the highest revenue share
• The beverages application segment accounted for the greatest revenue share for the growth of the global gum arabic market.
• As per cognitive market research analysts, the acacia Senegal-type segment is forecasted to dominate the global gum arabic market.
To know more The Arabic Gum Market statistics click here: https://www.cognitivemarketresearch.com/gum-arabic-market-report
Global Gum Arabic Market Dynamics:
The increasing popularity of natural products in the food and beverage industries is forecasted to fuel a significant growth rate. In addition, rising consumer expenditure on nutritional and fiber-rich foods, as well as growing consumer purchasing power drives the demand for the global market. Furthermore, the increasing number of domestic vendors and e-commerce channels will provide opportunities for the growth of the target market. However, uncertain climatic changes may hamper the growth of the global gum arabic
Global Gum Arabic Market Segmentation:
Gum Type:
• Acacia senegal
• Acacia seyal
Based on type, the market is segmented into Acacia Senegal and Acacia Seyal. As per cognitive market research analysts, the acacia Senegal-type segment is forecasted to dominate the global gum arabic market. This is attributed to its ability to produce fruit in all seasons, and independent of the weather circumstances or soil texture
Application:
• Food and Beverages
• Beverages
• Jams and Jellies
• Bakery
• Confectionery
• Dairy Products
• Pharmaceuticals & Dietary Supplements
• Personal Care & Cosmetics
• Paints & Inks
• Others (Meat processing, etc.)
The beverages application segment accounted for the greatest revenue share. This is attributed to gum arabic is rapidly being used as a functional component in soft drinks, smoothies, fruit-flavored water, and beverages.
Competitive Analysis for Gum Arabic Market: Kerry Group plc, Tic Gums Inc, The Gums and Colloids Group, Nexira, Archer Daniels Midland Company, Ashland Global Specialty Chemicals Inc., Agrigum International Limited, Farbest Brands, Alpha Agricultural Processing Co. LTD
Get free sample pages of latest published Gum Arabic Market Report: https://www.cognitivemarketresearch.com/gum-arabic-market-report
Regional analysis:
North America dominates the global gum arabic market with the highest revenue share. This is attributed to the large consumer base, particularly for beverages, pharmaceutical products, and confectioneries. Furthermore, Asia-Pacific is forecasted to dominate the global market. This is attributed to leading confectionery manufacturers expanding their geographical reach across countries in Southeast Asia.
News:
South Sudan launched Gum Arabic export
In December 2020, the south Sudanese government introduced the export of gum arabic, which is known as Acacia Gum, for the first time to the international market.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Gum Arabic Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Gum Arabic Market Segmentation
1.5.1 Gum Arabic Market Regional Fragmentation
1.5.1 Gum Arabic Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Gum Arabic Market
• 3.1 Global Gum Arabic Market Size 2018 - 2030, (USD Million)
• 3.2 Global Gum Arabic Market Statistics 2022: Snapshot
Chapter 4 Global Gum Arabic Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Gum Arabic Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Gum Arabic Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Gum Arabic Market by Function Segmentation Analysis (2018-2030)
Chapter 11 Global Gum Arabic Market Regional Analysis
Chapter 12 North America Gum Arabic Market Outlook (2018 - 2030)
Chapter 13 Europe Gum Arabic Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Gum Arabic Market Outlook (2018 - 2030)
Chapter 15 Latin America Gum Arabic Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Gum Arabic Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customized/Exclusive Report Access on Request
To know more Gum Arabic Market TOC click here: https://www.cognitivemarketresearch.com/gum-arabic-market-report#table_of_contents
Related Report
• Probiotics Market- https://www.cognitivemarketresearch.com/probiotics-market-report
• Bacon market- https://www.cognitivemarketresearch.com/bacon-market-report
• Ester Gum Market- https://www.cognitivemarketresearch.com/ester-gum-market-report
• Carob Gum Market- https://www.cognitivemarketresearch.com/carob-gum-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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