Press release
Gum Arabic Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research
Gum Arabic Market size is expected to reach nearly US$ 780.47 Mn by 2030 with the CAGR of 6.1% during the forecast period.๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Gum Arabic, also known as Senegal gum or Acacia Gum, is expected to see significant market growth. It comes from two species of acacia trees, mainly found in Nigeria, Africa, Chad, and Sudan. It is used in various industries as a gelling agent, thickener, and stabilizer. Studies show that consuming 15 gm. of Gum Arabic can help manage plasma cholesterol levels. It is safe for both humans and animals and considered a healthy dietary fiber by the FDA since 1970. Its water-soluble fiber content helps control blood sugar and lower cholesterol levels, making it popular in the food & beverage industry.
The gum arabic market is experiencing growth due to increased use in various industries, particularly food and beverages. It is utilized as a natural emulsifier in applications like paints, cosmetics, and pharmaceuticals. Sayaji and Alland & Robert collaborated in 2018 to meet the rising demand in the Indian and Asia-Pacific markets. The demand for nutrient-rich foods and higher income levels are driving overall market growth. Gum arabic is also being increasingly used in the pharmaceutical industry for its potential health benefits, including controlling blood sugar levels and treating conditions like mouth plaque and Irritable Bowel Syndrome. However, reported side effects like gas and nausea are limiting market growth. Additionally, research suggests it may reduce body mass index and body fat percentage, further impacting the market.
The major key players are the Nexira, Kerry Group, Tic Gums Inc, Agrigum International Limited, Farbest Brands, Archer Daniels Midland Company, Ashland Inc., Hawkins Watts, and Prodigy NIG Limited. North America led the gum arabic market with 38% share, driven by its use in pharmaceutical and food industries for stabilizing and preserving products. In Asia Pacific, the market is growing fast due to increasing dairy and confectionery sales, with gum arabic aiding in digestion and enhancing dishes. Europe's market is rising, driven by demand in the food industry, especially bakery products. Middle East & Africa are seeing growth in gum arabic usage in food, beverages, and pharmaceuticals, though production costs and weather conditions limit expansion. Japan, India, China, Italy, England, Spain, Portugal, and Germany are key contributors to market growth in their respective regions.
๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐๐ฅ๐จ๐ฐ ๐ฅ๐ข๐ง๐ค ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/107885/
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In August 2024, Ampak Co. Inc. announced a strategic partnership with Agrigum International, a prominent UK-based gum arabic producer. This collaboration aims to enhance the product distribution network in the U.S. significantly.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/107885/
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Pharmaceutical
Food & Beverages
Personal care & Cosmetics
Paints
Others
๐๐ฒ ๐๐ฒ๐ฉ๐
Acacia Seyal
Acacia Senegal
๐๐ฒ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง
Thickener
Fat Replacer
Stabilizer
Gelling Agent
Coating Agent
Texturing
Others
๐๐ฒ ๐๐ฌ๐๐ซ
Viscocity
Solubility
Fiber
Stabilizer
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-gum-arabic-market/107885/
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
Nexira
Kerry Group
Tic Gums Inc
Agrigum International Limited
Farbest Brands
Archer Daniels Midland Company
Ashland Inc.
Hawkins Watts
Prodigy NIG Limited.
AEP Colloids
Archer Daniels Midland
Ashland
CARAGUM International
Farbest Brands
Hawkins Watts
KANTILAL BROTHERS
๐๐จ ๐๐๐ญ ๐๐จ๐ซ๐:https://www.maximizemarketresearch.com/request-sample/107885/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is the market size of the Global GUM Arabic Market in 2023?
What are the different segments of the Global GUM Arabic Market?
What is the study period of this market?
Which region is expected to hold the highest Global GUM Arabic Market share?
What is the Forecast Period of Global GUM Arabic Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Gum Arabic Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Gum Arabic Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by
Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
Potato Processing Market size was valued at USD 44.52 Bn in 2023 and is expected to reach USD 64.76 Bn by 2030, at a CAGR of 5.5 %.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/potato-processing-market/605/
An Egg Protein Market size was valued at US$ 8.37 Bn in 2022 and the total revenue is expected to grow at 5.7 % through 2023 to 2029, reaching nearly US$ 12.35 Bn.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-egg-protein-market/17414/
Grape Seed Extracts Market is expected to reach US$ 278.90 Mn. by 2029, at a CAGR of 7.92% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-grape-seed-extracts-market/23827/
Brewers Yeast Market reached a value of USD 5.09 Bn. in 2023. Brewer's Yeast Market size is estimated to grow at a CAGR of 9.1%. The market is expected to reach a value of USD 9.37 Bn in 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-brewers-yeast-market/27089/
Mycotoxin Testing Market size was valued at USD 1.55 Billion in 2023 and the total Mycotoxin Testing Market revenue is expected to grow at a CAGR of 7.2% from 2024 to 2030, reaching nearly USD 2.52 Billion by 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-mycotoxin-testing-market/28550/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.
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