Press release
Gum Arabic Market Size to Worth Around US$ 654.1 Mn by 2031 | Nexira International, AEP Colloids Inc.
Gum Arabic Market
The Global Glass Tableware Market is projected to surpass US$ 654.1 million by the end of 2030, in terms of revenue, growing at CAGR of 6.1% during the forecast period (2023 to 2030)
Market Dynamics:
The gum arabic market is expected to witness significant growth over the forecast period owing to increasing demand from the food industry. Gum arabic acts as a stabilizer and emulsifier in many food items like candy, carbonated drinks, and others. It helps maintain product consistency and quality. Additionally, growing health awareness among consumers has boosted the demand for natural and organic ingredients in food products, which is expected to drive the growth of gum arabic. Furthermore, increasing pharmaceutical applications of gum arabic are also contributing to market growth. It is widely used as an excipient in tablet making and coatings due to its superior binding and film-forming property.
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Gum Arabic Market Drivers: Growing Demand for Natural Food Additives and Thickeners
There has been a rising consumer preference for natural and organic food products in recent years. Gum arabic, obtained from the acacia tree, finds extensive application as a natural food additive and thickening agent in various food and beverage products. It helps improve texture, stability and shelf life while also acting as an emulsifier. The gum arabic market is benefiting from growing demand for natural food ingredients without artificial colors, flavors, sweeteners or preservatives. Furthermore, shifting lifestyle patterns and increasing health awareness among modern consumers have boosted sales of low-calorie, low-fat and sugar-free foods where gum arabic plays a crucial role.
Gum Arabic Market Opportunity: Increasing Applications in Pharmaceutical Industry
Pharmaceutical companies have realized the multifaceted utility of gum arabic as an excipient in various oral solid dosage forms like tablets, capsules and granules. It acts as a disintegrant, binder and coating agent to improve drug release kinetics and bioavailability. The demand for innovative drugs and delivery systems is on the rise. Hence, gum arabic manufacturers have a massive opportunity to expand their product offerings specifically tailored for the pharmaceutical applications. Additionally, changing lifestyles and rapid urbanization in emerging nations are contributing to higher prevalence of chronic lifestyle diseases. This will augment the overall pharmaceutical market, thereby driving demand for functional excipients like gum arabic.
Gum Arabic Market Trend: Growing Importance of Organic and Sustainably-Sourced Variants
There is a trend of increasing popularity of certified organic and sustainably-sourced gum arabic varieties. Consumers are willing to pay premium prices for products containing ingredients that are grown without synthetic pesticides and chemical fertilizers. They also prefer supporting suppliers practicing ethical cultivation methods and providing fair wages to farmers. Major gum arabic producers are investing in organic farming projects and partnering with local communities to ensure sustainable sourcing. Manufacturers are advancing their portfolios to include certified organic gum arabic options in order to gain brand recognition and comply with stringent international standards. This growing emphasis on sustainability and traceability bodes well for the future prospects of the gum arabic market.
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Top Companies Featured in This Report:
β Nexira International
β AEP Colloids Inc.
β Kerry Group Public Limited Company
β Tic Gums Inc.
β Polygal AG
β Alland Et Robert S.A
β Caragum International S.A
β IMPORTERS SERVICE CORP
β C.E. Roeper GmbH
β Mountain Rose Herbs Inc.
Market Segmentation:
By Product Type:
β By Gum Type: Acacia Senegal, Acacia Seyal
By Applications:
β By Application: Food and Beverages (Beverages, Jams and Jellies, Bakery, Confectionery, Dairy Products), Pharmaceuticals & Dietary Supplements, Personal Care & Cosmetics, Paints & Inks, Others(Meat Processing, etc)
Key Regions/Countries Classified as Follows:
Β» North America (U.S., Canada, Mexico)
Β» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Β» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
Β» South America (Brazil, Argentina, Rest of SA)
Β» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
π What was the size of the Gum Arabic Market in 2024, and what is the projected value by 2031?
π What is the present global market landscape for the Gum Arabic Market?
π What strategies offer optimal opportunities for growth maximization in the business?
π What recent trends are shaping the Gum Arabic Market?
π How does the market share of Gum Arabic Market revenue, sales, and size vary across specific geographical regions?
π Who are the prominent industry players in the Gum Arabic Market?
π Which segment of the Gum Arabic Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Gum Arabic sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
π Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/4103
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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