Gum Arabic Market Research Report - Global Forecast till 2030

Gum Arabic Market Research Report Information By Type (Senegalia, Senegal, and Vachellia), By Function (Thickeners, Stabilizers, Gelling Agent, and others) Application [Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care and others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.

ID: MRFR/F-B & N/2128-HCR | 90 Pages | Author: Harshita Gorade | February 2024         

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Global Gum Arabic Market Overview


Gum Arabic Market Size was valued at USD 0.80 Billion in 2021. The Gum Arabic market industry is projected to grow from USD 0.93 Billion in 2022 to USD 2 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.00% during the forecast period (2022-2030). The increasing natural products preferences in the food & beverage industry are the key market drivers enhancing market growth.


Gum Arabic Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Gum Arabic Market Trends



  • Increasing application in different industries to boost market growth


Alternatively, the gum Arabic is widely used in chewing gums production as a thickening agent. In addition, the gum arabic powder is used for ceramic glazes as an additive, for rolling papers as an adhesive, and for manufacturing watercolor paints as a binder. Along with that, gum Arabic is highly used as a microencapsulating agent in confectionery, beverage, bakery, and dairy production in the food industry. Therefore, gum arabic products are the fastest-growing product in the Gum Arabic Market during the assessment period. Therefore, gum arabic applications are increasing in different industries, which are predicted to drive the Gum Arabic Market growth.


The growing number of domestic vendors and increasing e-commerce channels are bringing higher growth opportunities for the key players and manufacturers. Moreover, the growing preferences for natural ingredients among consumers are another major cause of bringing opportunities for the gum arabic liquid manufacturers and key players. Therefore, such factors related to gum arabic have enhanced the Gum Arabic market CAGR across the globe in recent years.


Gum Arabic Market Segment Insights


Gum Arabic Type Insights


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.


Gum Arabic Function Insights


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 as 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.


Gum Arabic Application Insights


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.


Figure 2: Gum Arabic Market, by Function, 2021 & 2030 (USD Billion)
Gum Arabic Market, by Function, 2021 & 2030
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Gum Arabic Regional Insights


By region, the study provides market insights 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. Moreover, gum arabic is extensively used in lower-calorie confectionary products to replace the loss of mouthfeel, texture, and body. Usually, this occurs because of sugar replacement by artificial sweeteners. Also, gum arabic is widely used as a pigment stabilizer and as a coating agent in chewing gum. Furthermore, gum arabic consumption is predicted to increase at a high rate due to increasing industries in the Asia-Pacific region and increasing food & beverages industry in the gum arabic market in the North American region.


Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil


Figure 3: GUM ARABIC MARKET SHARE BY REGION 2021 (%)
GUM ARABIC MARKET SHARE BY REGION 2021
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


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. Additionally, the presence of a large number of food and beverage manufacturers in the region also contributes to the growth of the market. Countries such as the UK, Germany, and France are major markets for gum arabic in Europe. Further, the Germany Gum Arabic market held the largest market share, and the UK Gum Arabic market was the fastest-growing market in the European region.


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.


Gum Arabic Key Market Players & Competitive Insights


Major market players are spending a lot of money on R&D to increase their product lines, which will help the Gum Arabic market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Gum Arabic industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.


The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Gum Arabic. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Gum Arabic industry must offer affordable products.


Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Gum Arabic industry to benefit customers and expand the market sector. The Gum Arabic market has recently given medicine some of the most important advantages. Major Gum Arabic market players, including 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, and others, are attempting to increase market demand by funding R&D initiatives.


Kerry Group plc is a food and beverage company headquartered in Ireland. The company specializes in ingredients and flavors, as well as consuming foods and other products. The company was founded in 1972 and has operations in over 150 countries. Its ingredients and flavors are used in a wide range of food and beverage products, including meats, snacks, sauces, and dairy products. The Consumer Foods division of the company produces a variety of branded and own-label food products, including chilled and frozen foods, soups, sauces, and desserts. Kerry Group also has a Taste & Nutrition division that provides customers with a range of food and beverage solutions. The company is listed on the Irish and London Stock Exchanges.


Ashland Specialty Chemicals Inc. is a leading specialty chemical company headquartered in the United States. The company was originally established in 1924 as Ashland Oil, and has since grown to become a leading provider of specialty chemical solutions. Ashland provides a wide range of products and services to customers in various industries, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care, and pharmaceuticals. The company's core business segments include Composites and Functional Ingredients, which provides specialty resins and polymers used in various applications; and Intermediates and Solvents, which offers intermediate chemicals and solvents used in various industrial processes. Ashland operates in more than 100 countries and is listed on the New York Stock Exchange.


Key Companies in the Gum Arabic market includes




  • 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 among others




Gum Arabic Industry Developments


May 2022: Kerry group announced the opening of a taste manufacturing facility on the African continent.


Gum Arabic Market Segmentation


Gum Arabic Type Outlook



  • Senegalia

  • Senegal

  • Vachellia

  • Seyal


Gum Arabic Function Outlook



  • Thickeners

  • Stabilizers

  • Gelling Agent

  • Others


Gum Arabic Application Outlook



  • Food & Beverages

  • Pharmaceuticals & Nutraceuticals

  • Personal Care

  • Others


Gum Arabic Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America




 

Report Scope:

Report Attribute/Metric Details
Market Size 2021 USD 0.80 Billion
Market Size 2022 USD 0.93 Billion
Market Size 2030 USD 2 Billion
Compound Annual Growth Rate (CAGR) 10.00% (2022-2030)
Base Year 2021
Market Forecast Period 2022-2030
Historical Data 2018 & 2020
Market Forecast Units Value (USD Million)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Function, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled 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
Key Market Opportunities A growing number of domestic vendors and increasing e-commerce channels
Key Market Dynamics Increasing gum arabic applications in different industries




Frequently Asked Questions (FAQ) :

The Gum Arabic market size was valued at USD 0.80 Billion in 2021.

The market is projected to grow at a CAGR of 10.00% during the forecast period, 2022-2030.

North America had the largest share in the Gum Arabic market.

The key players in the market are 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.

The Senegal category dominated the market in 2021.

Food & Beverages had the largest share in the market for Gum Arabic.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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