Global Gum Arabic Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global gum Arabic market in its upcoming report titled, “Global Gum Arabic Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global gum Arabic market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global gum Arabic market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global gum Arabic market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global gum Arabic market report has been segmented on the basis of type, application, and region.
Gum Arabic is also known as acacia gum. It is a natural gum consisting hardened sap of various species of the acacia tree. Gum Arabic is a neutral or slightly acidic salt of a complex polysaccharide containing calcium, magnesium, and potassium cations. It is nontoxic, odorless type of gum, and does not affect odor, color or taste in whichever end product it is used. Gum Arabic is insoluble in oils and in most organic solvents, but dissolves completely in hot or cold water forming a clear, mucilaginous solution.
Rising demand of gum Arabic in food and beverage industry especially in dairy and bakery products is a key factor driving growth of the global gum Arabic market. In addition, increasing use of gum Arabic in beverages as a foam stabilizer, and as a clouding agent, and its uses as an emulsifier in food products are other major factors expected to fuel growth of the global gum Arabic market over the forecast period. Furthermore, increasing adoption of gum Arabic in pharmaceutical industry for holding ingredients together in drugs, and in textile industry as sizing and finishing agents are other factors anticipated to boost growth of the global gum Arabic market over the forecast period.
However, high price of gum Arabic is a key factor restraining growth of the global gum Arabic market. Additionally, high demand of gum Arabic and low production rate is another factor hampering growth of the global gum Arabic market over the forecast period.
North America accounts for highest market share in terms of revenue as compared to that of markets in other regions. This can be attributed to increasing adoption of gum Arabic in end use industries such as food and beverages and cosmetics in the region. The market in Europe accounts for second-highest revenue share contribution in the global gum Arabic market followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively. In addition, the market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to factors such as increasing use of gum Arabic in cosmetics and textile industries in countries in the region.
Global Gum Arabic Market Segmentation:
Global gum Arabic market segmentation by type:
- Vachellia Seyal Gum
- Senegalia Senegal Gum
Global gum Arabic market segmentation by application:
- Beverage Products
- Bakery Products
- Dairy Products
- Sauces & Dressings
Global gum Arabic market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- TIC Gums, Inc.
- Gum Arabic Company
- Dar Savannah Gum Arabic Processing Company
- Nexira SAS
- Kerry Group
- Alland & Robert
- SCOBELLA INTERPRICES
- Ditto Investments, LLC
- Lords Pharmaceuticals
- Sunrise Internationale Exchange
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