Press release
Gum Arabic Market Insights: Valued at USD 515.64 Million in 2023, to Reach USD 780.47 Million by 2030
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก๐๐ง๐ข๐ง๐ ๐ ๐จ๐จ๐, ๐๐๐ฏ๐๐ซ๐๐ ๐, ๐๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌThe global gum arabic market is witnessing robust growth, driven by its increasing applications in the food and beverage, pharmaceutical, and cosmetics industries. Valued at USD 515.64 Mn in 2023, the market is projected to grow at a CAGR of 6.1%, reaching approximately US$ 780.47 Mn. by 2030. Gum arabic, known for its emulsifying, stabilizing, and film-forming properties, is a vital ingredient across multiple sectors. This press release explores country-specific growth, opportunities, trends, consolidation, and updates in the gum arabic market.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/107885/
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's gum arabic market is expanding due to its thriving food and beverage industry. Companies like ๐๐ข๐ง๐๐ฌ๐จ๐ฒ are incorporating gum arabic in their production of beverages and health supplements. Recent collaborations with international suppliers have enhanced Vietnam's access to high-quality raw materials, supporting market growth.
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand offers significant opportunities in the gum arabic market, driven by its robust confectionery and pharmaceutical industries. Local companies, such as ๐๐ก๐๐ข ๐ ๐จ๐จ๐๐ฌ ๐๐ซ๐จ๐ฎ๐ฉ, are utilizing gum arabic in the production of candies and syrups. Government initiatives promoting natural and organic products have further accelerated the adoption of gum arabic.
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's gum arabic market is characterized by its focus on high-quality and functional ingredients. Companies like ๐๐ฃ๐ข๐ง๐จ๐ฆ๐จ๐ญ๐จ ๐๐จ., ๐๐ง๐. are leveraging gum arabic's properties in the production of low-calorie and functional beverages. Trends indicate a growing interest in clean-label products, boosting the demand for natural stabilizers like gum arabic.
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐
China's gum arabic market is marked by significant consolidation activities, supported by its large-scale food processing industry. Major players like ๐๐ก๐๐ง๐ ๐ก๐๐ข ๐ ๐ซ๐๐๐ฆ๐๐ง are expanding their production capabilities to cater to domestic and international demand. Strategic partnerships with African exporters have ensured a steady supply of high-quality gum arabic for the Chinese market.
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's gum arabic market is thriving, supported by advancements in the cosmetics and health food sectors. Companies like ๐๐ฆ๐จ๐ซ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are incorporating gum arabic in skincare products for its emulsifying and stabilizing properties. Recent updates include increased R&D investments in developing innovative applications of gum arabic in beauty and wellness products.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/107885/
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's strategic location as a trade hub has bolstered its gum arabic market, particularly in the food and pharmaceutical sectors. Companies like ๐๐ข๐ฅ๐ฆ๐๐ซ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ are focusing on developing premium-quality gum arabic for export and domestic use. Government-backed initiatives promoting innovation in food ingredients have significantly contributed to market expansion.
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US remains a dominant player in the global gum arabic market, driven by high demand in the food, beverage, and pharmaceutical industries. Key players like ๐๐๐ซ๐ซ๐ฒ ๐๐ซ๐จ๐ฎ๐ฉ and ๐๐ง๐ ๐ซ๐๐๐ข๐จ๐ง ๐๐ง๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐๐ are investing in advanced processing technologies to enhance gum arabic's functional properties. Recent mergers, such as Cargill's acquisition of a natural ingredient firm, underscore the market's dynamic growth.
๐๐ฎ๐ฆ ๐๐ซ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's gum arabic market is evolving rapidly, with a focus on sustainability and natural ingredients. Companies like ๐๐๐ฑ๐ข๐ซ๐ and ๐๐๐ ๐๐ฎ๐ฆ๐ฌ are pioneering innovations in organic and fair-trade gum arabic products. Recent collaborations with confectionery and beverage manufacturers have expanded the application of gum arabic across the continent.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/107885/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Pharmaceutical
Food & Beverages
Personal care & Cosmetics
Paints
Others
The gum Arabic market is divided into several segments based on application, including paints, personal care & cosmetics, food & beverages, pharmaceuticals, and others. The food and beverage category has been the market leader. Arabic gum in beverages helps prevent the breakdown of liquid sugar in soft drinks. It serves as a thickening, binding, and stabilizing chemical in the food sector to preserve the sweetness and tastes of beverages. Sherbets, ice cream, and other liquid milk products are also made with it. As a result, it is expected that the market sector would experience significant expansion. Pharmaceuticals and personal care products come next due to their advantages for skin, hair, and other health conditions.
๐๐ฒ ๐๐ฒ๐ฉ๐
Acacia Seyal
Acacia Senegal
The global gum arabic market is divided into two segments based on type: Acacia Senegal and Acacia Seyal. Due to its growing use in the pharmaceutical and beauty industries, the Senegal acacia segment has dominated the market in recent years. Making essential oil and soil improver are two important uses for this tree. Although there isn't much data to support the claims, it helps regulate blood sugar, cholesterol, and skin irritation. Additionally, research has demonstrated that gum arabic keeps the scalp hydrated and maintains the water flow in the scalp, which is why this market is expected to expand during the projection period.
๐๐ฒ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง
Thickener
Fat Replacer
Stabilizer
Gelling Agent
Coating Agent
Texturing
Others
๐๐ฒ ๐๐ฌ๐๐ซ
Viscocity
Solubility
Fiber
Stabilizer
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-gum-arabic-market/107885/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Nexira
2. Kerry Group
3. Tic Gums Inc
4. Agrigum International Limited
5. Farbest Brands
6. Archer Daniels Midland Company
7. Ashland Inc.
8. Hawkins Watts
9. Prodigy NIG Limited.
10.AEP Colloids
11.Archer Daniels Midland
12.Ashland
13.CARAGUM International
14.Farbest Brands
15.Hawkins Watts
16.KANTILAL BROTHERS
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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