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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Gum Arabic Market Outlook
The global gum arabic market size is expected to grow at a CAGR of 5.80% during the forecast period of 2024-2032 to attain a value of around USD 1.78 billion by 2032.
Key Trends in the Market
Gum arabic, also referred to as acacia gum, meska, and chaar gund/goond, is a naturally occurring emulsifier made from the hardened sap of two different kinds of acacia trees, Senegalia senegal and Vachellia (Acacia) seyal. Gum arabic helps to keep all the product's physical characteristics intact.
- The market for gum arabic is anticipated to grow at a significant rate during the forecast period due to the rising popularity of natural goods in the food and beverage industries. Additionally, gum arabic products contain a lot of dietary fibre, which aids with digestion and bowel movements. This is increasing the usage of gum arabic.
- Rising consumer expenditure on nutritious and fibre-rich food products, particularly in baking applications, is driving the gum arabic market growth. This can be attributed to the rising consumer spending power and large expenditures in the beverage and confectionary industries in developing nations, like China and India.
- The market growth also benefits from several major developments in the market, including the expansion of the bakery industries in various Asian and South American nations and the rise in sales of natural and useful components used in bakery goods.
- The potential for major companies and manufacturers is developing as a result of the rise of domestic vendors and e-commerce channels. Further, the growing customer preference for natural components is providing lucrative growth opportunities to the market.
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