Gum Arabic Market to Witness Growth Acceleration | Kerry Group plc, Tic Gums Inc, The Gums and Colloids Group

Gum Arabic Market Overview:
The global Gum Arabic Market, valued at USD 0.80 Billion in 2021, is anticipated to witness substantial growth, reaching USD 2 Billion by 2030, with a notable Compound Annual Growth Rate (CAGR) of 10.00% during the forecast period (2022-2030), according to MRFR analysis.
Gum Arabic, also known as acacia gum, is a natural plant-based gum derived from the sap of various species of the acacia tree, primarily Acacia senegal and Acacia seyal. It is a water-soluble, odorless, tasteless, and colorless substance widely used across various industries. The market encompasses the production, processing, and distribution of gum arabic products worldwide, influenced by factors like end-use industry demand, raw material availability, production costs, and regulatory standards.
The COVID-19 pandemic presented a mixed impact on the global gum arabic market. While certain end-use industries like food, beverage, and pharmaceuticals witnessed stable demand due to their essential nature and increased consumption during the pandemic, challenges such as supply chain disruptions, logistics issues, and production constraints affected the availability, pricing, and manufacturing capacity.
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Major Key Players:
Key players in the gum arabic market include Kerry Group plc, The Gums and Colloids Group, Nexira, Archer Daniels Midland Company, Ashland Specialty Chemicals Inc., Agrigum International Limited, Farbest Brands, Alpha Agricultural Processing Co. LTD, SOMAR Corporation, Hawkins Watts Limited, E. Roeper GmbH, and Alland & Robert S.A.
Market Segmentation:
Market segmentation is based on type, function, and application.
Types include senegalia, senegal, vachellia, and seyal, while functions encompass thickeners, stabilizers, and gelling agents.
Applications span food and beverages, pharmaceuticals and nutraceuticals, and personal care products.
Regional Analysis:
Regionally, Africa, particularly countries in the Sahel region such as Sudan, Senegal, Chad, and Nigeria, dominates the gum arabic market, contributing over 80% of global production. Sudan, in particular, is the largest global producer, accounting for approximately 60% of total production. These countries primarily export gum arabic to regions like Europe, Asia, and North America.
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Here are some of the key trends in the gum arabic market:
Key trends in the gum arabic market include increasing demand from the food and beverage industry
growing usage in pharmaceuticals
rising preference for natural and organic products
capacity expansions by major players, and the exploration of new applications for gum arabic.
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