Gum Arabic Market

Gum Arabic Market Size, Share, Growth (2023-2028)

Gum Arabic Market was worth US$ 0.93 billion in 2023 and is anticipated to reach USD 1.27 billion by 2028 with a CAGR of 6.50% during 2023-2028

Gum Arabic Market Scenario:

Gum arabic, often known as Indian gum, Senegal gum, acacia, gum acacia, Arabic gum, as well as other names, is a natural gum made from two acacia tree species, Vachellia Seyal and Acacia Senegal. Nigeria, Chad, Sudan, and Africa are the primary producers. It's employed in a variety of industries as a thickening, binding, and stabilising agent, including food and drinks, pharmaceuticals, and care products and cosmetics. Gum arabic is a complex polymer that both animals and humans cannot digest. Furthermore, the Food and Drug Administration (FDA) has regarded it as a safe dietary fibre since the 1970s. Acacia gum is high in water-soluble dietary fibres, which are not only healthy for your diet but also assist to control blood sugar levels and lower cholesterol levels. As a result, it's widely employed in the food and beverage, as well as medicinal industries.

Recent Developments in the Global Gum Arabic Market

• For the first time, the South Sudanese government began exporting Gum Arabic, popularly known as Acacia Gum, to the international market.

• A recent publication from Alland & Robert discusses acacia gum and its significance in lowering sugar consumption. The article discusses the body's reaction to acacia as well as how to incorporate it into a product.

• CaraGum has released CaraGum EM CG 108-2, a low-cost Arabic gum emulsifier. Because of its high concentration, it is less expensive than traditional gum.

REPORT COVERAGE:

Gum Arabic Market Drivers

The increased knowledge of gum arabic's multi-functionality and associated therapeutic benefits is fueling the gum arabic market. Gum arabic's varied functions in enhancing the quality of food products have led to its widespread use in a variety of applications around the world. Gum arabic also has some medical properties, such as the elimination of dental plaque and wound healing, which are promoting its use in the pharmaceutical industry and driving the global market for gum arabic forward.

Gum Arabic Market Restraints

The change in climatic conditions has adversely affected the trees which in turn has affected the volume of gum Arabic produced. A few more reasons can be attributed to the constant political struggle that the East African belt faces. Also, overexploitation of the acacia trees can also be a factor responsible. The development of synthetic flavours although lower in quality gives corporations a cheaper alternative, this is yet another factor which is likely to restrain the Gum Arabic market. An advantage that synthetic flavours have over natural gum Arabic is that production can be done as per the demand and climate changes don’t affect the production because of which the price remains low.

Gum Arabic Market Segmentation: 

By Application:

• Food & Beverage

• Pharmaceutical

• Personal care

• Others

Food & Beverage, Pharmaceutical, Personal Care, and Others are the application types of Gum Arabic Market. During the projected period 2022-2027, food and beverage are expected to be the fastest expanding application, with a CAGR of 6.12 per cent. This is due to the increasing use of Gum Arabic as a food additive in beverages, milkshakes, fruit-flavoured water and beverages, and various carbonated beverages by food and beverage manufacturers and makers of edible flavours, syrups, and concentrates, which is driving up demand for the product. The causes for continued expansion throughout the predicted period 2022-2027 are thriving e-commerce platforms and an expanding number of domestic merchants.

By Type:

• Senegalia Senegal Gum (Acacia Senegal)

• Vachellia Seyal Gum (Acacia Seyal)

The Acacia Senegal and Acacia Seyal gum Arabic markets are divided by kind. Acacia Senegal dominated the Gum Arabic market in 2021 and is expected to continue to grow between 2022 and 2027. Regardless of climate conditions or soil texture, Acacia Senegal trees produce in all seasons. They are drought-tolerant, making them appropriate for cultivation in arid climates. When these trees are ill, they produce the most exceptional quality gum acacia. In various parts of the world, this type of gum is used for medicine and essential oils, as well as timber and firewood, as a soil fertilizer, for cropping systems, and as a decorative tree.

Gum Arabic Market Regional Analysis

The Global Gum Arabic Market Report includes the segmentation of Regions:

• Asia Pacific is expected to be the leading market. Gum arabic is very popular in North America, where it is mostly employed in the food and beverage industries. During the predicted period, Latin America and Europe are expected to expand slowly as these countries are focused on imports and don’t manufacture a lot in this product type.

• The Gum Arabic Market, during the forecast period 2022-2027, North America dominated the market with a 39.3 % share. This is due to the enormous customer base, particularly in the areas of beverages, confectioneries, and pharmaceuticals. During the prediction period 2022-2027, Asia Pacific will be the fastest expanding segment. This is due to an increase in dairy product sales, particularly in Japan, China, Australia, and India. Leading candy makers expanding their geographical presence across nations in South Asia is another element boosting regional market expansion.

• Middle East and Africa

Gum Arabic Market Key Players

1. Nexira International

2. AEP Colloids Inc.

3. KERRY GROUP PUBLIC LIMITED COMPANY

4. Tic Gums Inc.

5. POLYGAL AG

6. ALLAND ET ROBERT S.A

7. CARAGUM International S.A

8. IMPORTERS SERVICE CORP

9. C.E. Roeper GmbH

10. Mountain Rose Herbs, Inc.