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Gum Arabic Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research

10-29-2024 01:02 PM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Gum Arabic Market

Gum Arabic Market

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.

๐†๐ฎ๐ฆ ๐€๐ซ๐š๐›๐ข๐œ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

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.

๐‚๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐›๐ž๐ฅ๐จ๐ฐ ๐ฅ๐ข๐ง๐ค ๐Ÿ๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/107885/

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

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.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐†๐ฎ๐ฆ ๐€๐ซ๐š๐›๐ข๐œ ๐Œ๐š๐ซ๐ค๐ž๐ญ

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)

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/107885/

๐†๐ฎ๐ฆ ๐€๐ซ๐š๐›๐ข๐œ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Pharmaceutical
Food & Beverages
Personal care & Cosmetics
Paints
Others

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

Acacia Seyal
Acacia Senegal

๐›๐ฒ ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง

Thickener
Fat Replacer
Stabilizer
Gelling Agent
Coating Agent
Texturing
Others

๐›๐ฒ ๐”๐ฌ๐ž๐ซ

Viscocity
Solubility
Fiber
Stabilizer

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-gum-arabic-market/107885/

๐†๐ฎ๐ฆ ๐€๐ซ๐š๐›๐ข๐œ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ

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

๐“๐จ ๐†๐ž๐ญ ๐Œ๐จ๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/107885/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฎ๐ฆ ๐€๐ซ๐š๐›๐ข๐œ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

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?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

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

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง

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 %.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-mycotoxin-testing-market/28550/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

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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