Latin America Gum Arabic Market was worth USD 65.92 million in 2021 and is estimated to be growing at a CAGR of 7.2%, to reach USD 93.32 million by 2027
Gum arabic is a natural emulsifier and a stabilizer made from the branches of acacia Senegal and acacia seyal trees. Gum Arabic consists of soluble dietary fibre and also acts as a probiotic in food and beverage industry. Gum Arabic has a higher demand in each year owing to wide industrial uses ranging from the food industry to the painting industry. The market is mainly driven due to rapid growth in the gum arabic markets of developing countries such as Brazil and Argentina. Furthermore, the growing awareness about the multi-functionality of gum arabic and the associated medicinal benefits of gum arabic are also driving these markets. However climatic changes due to global warming, excessive exploitation of the acacia tree forests, and political instability of the chief producing nations are some of the restraints of the market. Furthermore, chemical manufacturers have developed several synthetic substitutes for emulsification applications. These substitutes, although they cannot match gum Arabic superior emulsifying capabilities, can be manufactured securely as per market demand.
The market for Gum Arabic is broadly categorized
application
function
type
By application
Confectionery
Beverage products
bakery products
dairy products
sauces and dressings
By function
thickener
fat replacer
stabilizer
gelling agent
coating agent
texturant
By type
Senegalia Senegal gum
vachellia seyal gum
Senegal gum produces hard gum which is considered good quality owing to having wider applications across the food industry.
Argentina
Brazil
Mexico
rest of Latin America
Gum Arabic Company (Sudan)
Nexira (France)
TIC Gums (U.S.)
Kerry Group (Ireland)
Alland & Robert (France)
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