Press Release

Gum Arabic Market to Grow with a CAGR of 6% through 2028

The Global Gum Arabic market is being driven by several factors, including the increasing demand for natural and healthy ingredients, the expansion of the food and beverage industry, and the rising adoption of gum arabic in pharmaceutical and cosmetic applications.

 

According to the TechSci Research report, “Gum Arabic Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”, the Global Gum Arabic market stood at USD898.3 Million in 2022 and is anticipated to grow with a CAGR of 6% in the forecast period, 2024-2028. The global gum arabic market has witnessed remarkable growth over the years, driven by its versatile applications across various industries and its alignment with consumer preferences for natural and sustainable ingredients. Gum Arabic, also known as Acacia gum, is a natural exudate obtained from certain species of Acacia trees, primarily Acacia senegal and Acacia seyal. Its unique combination of properties, including water solubility, emulsification, stabilization, and thickening, has made it an essential ingredient in diverse sectors such as food and beverages, pharmaceuticals, cosmetics, textiles, and more.

Historically, Gum Arabic was sourced primarily from regions in Africa, particularly Sudan, where Acacia trees are abundant. The gum is obtained by tapping the trees and collecting the sap, which then undergoes processing to produce various grades of Gum Arabic. Sudan has long been a major player in the global market, contributing a significant portion of the world's gum arabic supply.

One of the most significant trends driving the Gum Arabic market is the global shift towards natural and sustainable ingredients. Consumers are becoming more conscious of the ingredients in their products and are actively seeking clean label options. Gum Arabic, being a natural gum obtained from trees, perfectly fits this demand. Its use in the food and beverage industry as a stabilizer, emulsifier, and thickening agent has gained traction due to its clean label appeal.

The food and beverage industry remains a major consumer of Gum Arabic. Its functional properties make it an attractive ingredient for product formulations. In the beverage sector, it helps stabilize emulsions, prevent separation of essential oils and flavors, and enhance mouthfeel. In confectionery, Gum Arabic improves the texture and stability of products like gummies and coatings. Additionally, the demand for dietary fiber-rich products has led to Gum Arabic's inclusion in various food items.

The emphasis on health and wellness has contributed to the growth of the Gum Arabic market. The gum contains soluble dietary fiber, which is known for its potential health benefits, including improved digestion and gut health. As consumers seek out products with functional benefits, Gum Arabic has found its way into dietary supplements, fiber-rich snacks, and other health-focused formulations.

While Africa, particularly Sudan, has historically been a dominant producer and exporter of Gum Arabic, there has been a geographic shift in recent years. Countries in West Africa, such as Nigeria, Chad, and Senegal, are increasingly investing in Gum Arabic production. This shift is driven by a desire to diversify supply sources and reduce dependence on a single region. It also addresses challenges related to geopolitical instability and climate variability in traditional sourcing regions.

The Gum Arabic market has benefited from ongoing research and innovation. Manufacturers are exploring ways to optimize its properties for specific applications. This includes developing new extraction methods, studying its interactions with other ingredients, and creating novel formulations. Such innovation has expanded the range of products that can benefit from Gum Arabic's functional attributes.

Beyond the food and beverage sector, Gum Arabic finds applications in various industries. In the pharmaceutical industry, it serves as a binder, disintegrant, and film-forming agent in tablet formulations. In cosmetics, it's used as an emulsifying agent in creams and lotions. The textile industry also utilizes Gum Arabic for dye fixation and as a binder in print pastes.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Gum Arabic Market.”

 

Despite its growing popularity, the Gum Arabic market faces certain challenges. Climate change and erratic weather patterns can impact the availability and quality of gum. Additionally, issues related to supply chain transparency and ethical sourcing need to be addressed to ensure the sustainability of the market.

Looking ahead, the Gum Arabic market holds promising prospects. As consumer awareness about natural ingredients continues to increase, the demand for Gum Arabic is likely to remain strong. Manufacturers will focus on optimizing its properties for various applications and developing innovative formulations. The geographic shift in production could lead to a more stable supply chain, reducing the industry's vulnerability to external factors.

The global gum arabic market is segmented based on type, function, application, and region.

Based on the type, the market is segmented into senegalia senegal gum and vachellia seyal gum. Among these, the senegalia senegal gum segment has a significant share in the global gum arabic market during the forecast period. Senegalia senegal, formerly known as Acacia senegal, is a species of Acacia tree that produces high-quality gum with versatile properties, making it a preferred choice for various industries. This segment's dominance is attributed to several factors that highlight its importance and potential impact on the Gum Arabic market's future.

Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Among these, the North America segment has a significant share of the global gum arabic market during the forecast period, driven by a convergence of factors that position the region as a key player in the industry. From evolving consumer preferences to dynamic applications, the North America segment's influence extends across multiple sectors and signifies a significant market presence.

 

Major companies operating in the global gum arabic market are:

  • Kerry Group plc
  • Bettera Brands LLC
  • The Clorox Company
  • Nature's Way Products, LLC
  •  OLLY Public Benefit Corporation
  • Herbaland Naturals Inc
  • Hero Nutritionals
  • Makers Nutrition, LLC
  • Vitakem Nutraceutical Inc.
  • The Nature's Bounty Co.  

 

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“The global Gum Arabic market is characterized by its versatility, natural origin, and wide range of applications. It reflects consumer preferences for clean-label products, aligns with health and wellness trends, and finds utility across diverse industries. As the market evolves, addressing challenges related to sourcing and sustainability will be crucial to ensuring a stable and thriving Gum Arabic industry in the years to come.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Gum Arabic Market By Type (Senegalia Senegal Gum, Vachellia Seyal Gum), By Function (Thickener, Fast Replacer, Stabilizer, Gelling Agent, Coating Agent & Texturant), By Application (Confectionary, Beverages, Bakery Products, Dairy Products & Sauces), By Region, By Competition Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of the gum arabic market globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the market of gum arabic globally.

 

Contact

Mr. Ken Mathews

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170                   

Tel: +13322586602

Email: [email protected]

Website: www.techsciresearch.com

Relevant Reports

Gum Arabic Market By Type (Senegalia Senegal Gum, Vachellia Seyal Gum), By Function (Thickener, Fast Replacer, Stabilizer, Gelling Agent, Coating Agent & Texturant), By Application (Confectionary, Beverages, Bakery Products, Dairy Products & Sauces), By Region, By Competition Forecast & Opportunities, 2018-2028F

Consumer Goods and Retail | Dec, 2023

The Global Gum Arabic market is being driven by several factors, including the increasing demand for natural and healthy ingredients, the expansion of the food and beverage industry, and the rising adoption of gum arabic in pharmaceutical and cosmetic applications.

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