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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Gum Arabic Market Share
During the forecast period, it is anticipated that the food and beverage industry will have the largest gum arabic market share. Gum arabic provides a number of value-added advantages over those other additives since it has been shown to be a better stabilising and emulsifying agent than starch, gelatin, and other additions used in drinks.
Gum arabic has been used as a functional ingredient in fruit-flavoured water and beverages, soft drinks, smoothies, and various soft-alcoholic drinks by beverage producers and producers of edible flavours, syrups, and concentrates.
In addition, it is employed in the creation of sherbets, liquid milk products, and ice cream, among other things. Due to the global demand for natural goods in the food and beverage sector, gum arabic will experience significant growth over the forecast period. Due to the health advantages of natural foods, consumers are now preferring to consume them instead of conventional foods.
Gum Arabic Market Report Snapshots
Gum Arabic Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market for gum arabic is projected to grow at a CAGR of 5.80% during the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1.78 billion by 2032.
The major drivers of the market include the large expenditures in the beverage and confectionary industries, expansion of the bakery industries, increasing e-commerce channels, thriving pharmaceutical industry, and rising dairy product sales.
The rising popularity of natural goods in the food and beverage industries and rising consumer expenditure on nutritious and fibre-rich food products are the key industry trends propelling the growth of the market.
The major players in the industry are Agrigum International Limited, NEXIRA, Kerry Group plc, Ingredion Incorporated, Farbest Brands, Hawkins Watts Limited, Gum Arabic Farms and Commodities Ltd., Alland & Robert, and C.E. Roeper GmbH, among others.
Gum arabic, also known as Acacia senegal and Acacia seyal, is a dried sap that is derived from their stems and branches. Hard gum, commonly known as gum from the Acacia senegal, has a lighter colour and is more expensive. Gum from the Acacia seyal is also known as friable gum.
Gum arabic has been shown to improve satiety and satiation, alter the glycemic index, affect stomach emptying, and aid in gut hormone secretion, all of which contribute to weight management.
Water-soluble dietary fibres (WSDF), which are present in acacia gum, are beneficial for the diet and aid in lowering cholesterol.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124