Global Gum Arabic Industry – Valuable Market Report on Revenue Analysis, Growth Rate, Size, Trend, Key Players Forecast 2023

Gum Arabic Industry Challenging Opportunities by Its Growth, Analysis and Forecast Market Report 2023 

Summary

Global Gum Arabic Market Information- by Species (Acacia Senegal and Vachellia Seyal), by Function  (Thickenening Agent, Fat Replacer, Stabilizer, Gelling Agent, Coating Agent, Texturant and Others), by Application (Bakery foods, Beverages, Encapsulated Flavors, Pharmaceuticals, Nutraceuticals, Personal Care products and Others) and Region - Forecast to 2023

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Market Scenario of Gum Arabic:

Gum arabic is type of natural gum obtained from various species of the acacia tree. Majority of hum arabic is collected from Acacia Senegal species across the world. Sudan and Sehel are the major gum arabic producer in the world. Gum Arabic is largely used for making the chilled, sweetened, and flavored desserts in Middle East and African region. Many food and beverage manufacturers use gum arabic as emulsifier, thickening agent in icing, filling, chewing gum and other confectionery products. Gum arabic application in pharmaceutical along with personal care products is growing at significant rate from last few years. Increasing use of gum arabic in ceramic, printmaking and painting will play key role in the growth of gum arabic market in upcoming years. 

Study Objectives of Gum Arabic Market

To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global gum arabic market
To provide insights about factors affecting the market growth
To analyze the market based on various factors - price analysis, value chain, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia-Pacific, and Middle East & Africa.
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by species, function, application and region
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments globally.
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 Intended Audience

Gum Arabic manufacturers
Nutraceuticals Industry
Cosmetic Industry
Pharmaceutical Industry
E-commerce
Retailers and wholesalers
Traders, importers and exporters
Key Findings:

Acacia Senegal gum arabic captures major market share and it is growing at higher rate
Top five exporters of gum arabic are France, Chad, Nigeria, Mali and U.K.
Segments

Gum Arabic market has been segmented on the basis of species which includes Acacia Senegal and Vachellia Seyal. Acacia Senegal is contributes major market share in gum arabic production

Gum Arabic market has been segmented on the basis of function which includes Thickenening Agent, Fat Replacer, Stabilizer, Gelling Agent, Coating Agent, Texturant and Others. On the basis of function, gum arabic as a thickenening agent is capture major market share

Gum Arabic market has been segmented on the basis of application which includes Bakery foods, Beverages, Encapsulated Flavors, Pharmaceuticals, Nutraceuticals, Personal Care products and others. Gum arabic application in pharmaceuticals is anticipated to grow at higher rate compare to other applications of gum arabic  

Regional Analysis

The Global Gum Arabic market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Rest of the world mainly North African region has the major market share followed by Asia Pacific. Majority of gum arabic produced in Sudan which is located in North African region. Gum arabic is the second export commodity and playing major role in economy of Sudan. Gum arabic from Sudan is produced from Acacia Senegal species. Plantations and naturally regenerated stands are owned by individuals, government or cooperative bodies in Sudan. From last few years gum production in India and China has increased at significant rate which is supporting the market growth in Asia Pacific region.

Key Players

The key players profiled in the gum arabic market are as Kapadia Gum Industries Pvt. Ltd. (India), TIC Gums (U.S.), Kantilal Brothers (India), Nexira (France), AEP Colloids, div. of Sarcom Inc (U.S.), Drytech Processes (I) Pvt ltd (India) and Guangzhou ZIO Chemical Co., Ltd. (China)

The Gum Arabic market is segmented under the following regions mentioned below:

North America

US
Canada
Mexico
Europe

France
Netherlands
Spain
UK
Rest of Europe
Asia-Pacific

China
India
Rest of Asia Pacific
Rest of the world

Sudan
Senegal
Somalia
Others
The report for Global Gum Arabic Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions. 

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This release was published on openPR.