Healthy CAGR 10.00% is the Key Motivator for Global Gum Arabic Market

Global Gum Arabic Market is predicted to reach USD 2 Billion at a CAGR of 10.00% during the forecast period:


Market Research Future (MRFR) has published a cooked research report on the “Global Gum Arabic Market” that contains information from 2018 to 2030. The Global Gum Arabic Market   is estimated to register a CAGR of 10.00% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Gum Arabic Market — Kerry Group plc, Tic Gums Inc, The Gums and Colloids Group, Nexira, Archer Daniels Midland Company, Ashland Specialty Chemicals Inc., Agrigum International Limited, Farbest Brands, Alpha Agricultural Processing Co. LTD, SOMAR Corporation, Hawkins Watts Limited, E. Roeper GmbH, Alland & Robert S.A, Dar Savanna Ltd, Harvest Gum Ltd


Market Highlights


The global Gum Arabic Market is accounted to register a CAGR of 10.00% during the forecast period and is estimated to reach USD 2 Billion by 2030.


The global gum arabic market refers to the market for the natural gum obtained from the Acacia tree, also known as gum acacia or gum arabic. Gum arabic is a natural gum that is widely used in various industries due to its unique properties and versatile applications. Gum arabic has been used for centuries in various industries such as food and beverages, pharmaceuticals, cosmetics, and textiles. It is known for its emulsifying, thickening, stabilizing, and film-forming properties, which make it a valuable ingredient in many products.


Segment Analysis


The Global Gum Arabic Market has been segmented based Type, Function, and Application.


The Gum Arabic market segmentation, based on type, includes Senegalia, Seyal, Senegal, and Vachellia. The Senegal segment held the majority share 2021 of the Gum Arabic market revenue. Acacia Senegal trees are well-known for their ability to produce fruit in all seasons, independent of the weather circumstances or soil texture. They are drought-tolerant, which makes them a good choice for growing in arid climates across the world.


The Gum Arabic market segmentation, based on function, includes Thickeners, Stabilizers, Gelling Agent, and others. The thickeners segment held the majority share 2021 of the Gum Arabic market revenue. The increasing use of gum arabic as a thickening agent in various food and beverage applications. Gum arabic is widely used as a thickening agent in products such a s syrups, jams, jellies, and soft drinks. Its ability to form stable suspensions and emulsions and its ability to improve the texture and viscosity of food products make it a popular ingredient in the food industry. Additionally, the increasing demand for natural and organic food products is also expected to drive the growth of the thickening function segment of the gum arabic market


Based on application, the Gum Arabic market segmentation includes Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and others. The Food & Beverages segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Rising interest in high dietary fiber content items among customers across the globe is resulting in a rising number of producers, producing products with improved nature of Gum Arabic. This rising demand for dietary fibers is anticipated to fuel the growth of the food and beverages segment over the projected period. These all factors for Gum Arabic positively impact the market growth.


Regional Analysis


The Global Gum Arabic Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is predicted to generate the highest growth rate in the Gum Arabic Market during the assessment period. This region is growing because of the increasing gum arabic application in the personal care and pharmaceuticals industries. Apart from that, the increasing gum arabic usage in painting, ceramics, and printmaking is estimated to play an important role in the gum arabic industrial growth in this region.


Europe’s Gum Arabic market accounts for a significant market share. The region has a strong demand for gum arabic as a thickening agent in the food and beverage industry. The increasing demand for natural and organic food products in the region is also driving the growth of the market. The gum arabic market in Europe is also driven by the increasing use of gum arabic as an emulsifier and stabilizer in the cosmetics and pharmaceutical industries.


North America, Gum Arabic market, is expected to grow at the fastest CAGR from 2022 to 2030. The North American region is predicted to generate the largest food-grade gum arabic market share for the research period. In this region, the countries like Canada and the US are contributing higher to the growth of the Gum Arabic Market. Moreover, the U.S. Gum Arabic market held the largest market share, and the Canada Gum Arabic market was the fastest-growing market in the Asia-Pacific region.


Key Findings of the Study



  • The Global Gum Arabic Market is expected to reach USD 2 Billion by 2030, at a CAGR of 10.00% during the forecast period.

  • Asia-Pacific is predicted to generate the highest growth rate in the Gum Arabic Market during the assessment period.

  • The Gum Arabic market segmentation, based on type, includes Senegalia, Seyal, Senegal, and Vachellia. The Senegal segment held the majority share 2021 of the Gum Arabic market revenue.

  • Kerry Group plc, Tic Gums Inc, The Gums and Colloids Group, Nexira, Archer Daniels Midland Company, Ashland Specialty Chemicals Inc., Agrigum International Limited, Farbest Brands, Alpha Agricultural Processing Co. LTD, SOMAR Corporation, Hawkins Watts Limited, E. Roeper GmbH, Alland & Robert S.A, Dar Savanna Ltd, Harvest Gum Ltd

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Report details
Companies Covered 15
Pages 90
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