Global Gum Arabic Market Research Report Information By Nature, Functional Properties, By Grade, By Form, By Application And By Region

Description

List of Tables

Global Gum Arabic Market Research Report Information By Nature (Organic and Conventional), Functional Properties (Emulsifier, Stabilizer, and Thickener), By Grade (Acacia senegal and Acacia seyal), By Form (Kibbled Acacia Gum, Powdered Acacia Gum, Raw Gum Arabic, and Spray-Dried Acacia Gum), By Application (Food and Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics and Personal Care, Paints and Coating, and Other Applications) And By Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast Till 2032

Market Synopsis

In 2023, the gum Arabic market was estimated to be worth USD 985.36 billion. The gum Arabic market is expected to expand at a compound annual growth rate (CAGR) of 8.18% from USD 1.06202 billion in 2024 to USD 1.9928 billion by 2032. Numerous variables impact the gum arabic industry, offering both possibilities and challenges as well as opportunities for growth. The gum arabic market is significantly influenced by the growing customer preference for healthier options, which is driving up demand for natural components.

In recent times, there has been a notable surge in the market for gum Arabic, mainly due to the growing need for natural ingredients in various industries. Gum Arabic is a natural additive that is highly sought after and adaptable. It is derived from the exudates of Acacia senegal and Acacia seyal trees and finds applications in the food and beverage industry, medicines, cosmetics, and other fields. Gum Arabic's growth is mostly due to the growing desire for natural, functional foods with additional health advantages. Gum Arabic appeals to consumers who are looking for natural components instead of synthetic ones because of its potential health benefits and natural functionality.

Market Segmentation

Based on nature, the Gum Arabic Market is divided into two segments: conventional and organic. The market is divided into segments according to functional qualities, such as thickeners, stabilizers, and emulsifiers.

Acacia senegal and acacia seyal are included in the grade-based segmentation of the gum Arabic market. Based on form, the market is divided into four segments: spray-dried, raw gum Arabic, powdered, and kibbled acacia gum.

The market is segmented into various categories, including food and beverage, pharmaceuticals, nutraceuticals, personal care and cosmetics, paints and coatings, and other applications.

Regional Insights

With the biggest market share of 31.90% in 2022, the Asia Pacific gum Arabic market is anticipated to grow at a compound annual growth rate (CAGR) of 8.80% because of the region's extensive agricultural base and the substantial prevalence of acacia trees, particularly in China and India. The gum Arabic market in Asia-Pacific is a vibrant, developing industry that is expected to see further expansion and innovation. According to the most recent assessments, the market has demonstrated adaptation and tenacity in navigating through a variety of obstacles and economic swings. Because of a confluence of demographic, agricultural, and economic reasons, Asia Pacific leads the world in gum Arabic sales.

From 2022 to2032, the gum Arabic market in North America is anticipated to expand at a CAGR of 7.87%. The United States dominates the gum Arabic market in North America because of the region's robust food and beverage industry, advanced pharmaceutical industry, and strong consumer demand for natural and organic goods.

Strict regional and food additive laws will help the Europe gum Arabic business, which is a vibrant and expanding industry and will increase demand for natural and organic products. The qualities of gum Arabic make it a favored option for food manufacturers, especially in light of the European Union's emphasis on sustainable supply chains and food safety.

Though more slowly than in Asia Pacific and North America, the Arab market is expanding throughout the Rest of the World, which includes areas like Africa, the Middle East, and South America. Both the supply and demand sides of the market are impacted by these sectors. Most of the world's supply of gum Arabic comes from Africa, particularly the Sahel region, which meets most of the demand.

Major Players

Key players in the Gum Arabic market are Agrigum International Limited (England), Gum Arabic Company (Nigeria), Kerry Group (Ireland), TIC Gums (United States), Hawkins Watts Limited (New Zealand), Alland & Robert SE (Germany), Agrigum International Limited (England), and Archer-Daniels-Midland Company (ADM) (Germany).

Product Code: MRFR/F-B & N/2128-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL GUM ARABIC MARKET, BY FORM
- 1.1.2 GLOBAL GUM ARABIC MARKET, BY FUNCTIONAL PROPERTIES
- 1.1.3 GLOBAL GUM ARABIC MARKET, BY GRADE
- 1.1.4 GLOBAL GUM ARABIC MARKET, BY NATURE
- 1.1.5 GLOBAL GUM ARABIC MARKET, BY APPLICATION
- 1.1.6 GLOBAL GUM ARABIC MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
2.4 KEY IMPLEMENTATION CRITERIA

3 RESEARCH METHODOLOGY

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING DEMAND FOR NATURAL INGREDIENTS
- 4.2.2 VERSATILE FUNCTIONALITY
- 4.2.3 GROWING APPLICATION AREAS AND FUNCTIONAL FOOD TREND
4.3 RESTRAINTS
- 4.3.1 PRICE FLUCTUATIONS
- 4.3.2 COMPETITION FROM SYNTHETIC ALTERNATIVES AND POTENTIAL ALLERGIC REACTIONS
4.4 OPPORTUNITIES
- 4.4.1 EXPANSION INTO EMERGING MARKETS AND DIVERSIFICATION INTO OTHER SECTORS

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SOURCING:
- 5.1.2 PROCESSING AND EXTRACTION:
- 5.1.3 INTERMEDIARIES:
- 5.1.4 INTERNATIONAL TRANSPORT:
- 5.1.5 DISTRIBUTION:
- 5.1.6 MANUFACTURING:
- 5.1.7 RETAIL:
5.2 PORTER FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS:
- 5.2.2 BARGAINING POWER OF BUYERS:
- 5.2.3 BARGAINING POWER OF SUPPLIERS:
- 5.2.4 THREAT OF SUBSTITUTE PRODUCTS:
- 5.2.5 INTENSITY OF COMPETITIVE RIVALRY:
5.3 IMPACT OF COVID-19 OUTBREAK ON GUM ARABIC MARKET
- 5.3.1 IMPACT ON PRODUCTION:
- 5.3.2 IMPACT ON SUPPLY CHAIN:
- 5.3.3 IMPACT ON PRICING:
- 5.3.4 OTHER IMPACTS:

6 GLOBAL GUM ARABIC MARKET, BY NATURE

6.1 INTRODUCTION
6.2 CONVENTIONAL
6.3 ORGANIC

7 GLOBAL GUM ARABIC MARKET, BY FUNCTIONAL PROPERTIES

7.1 INTRODUCTION
7.2 EMULSIFIER
7.3 STABILIZER
7.4 THICKENER

8 GLOBAL GUM ARABIC MARKET, BY GRADE

8.1 INTRODUCTION
8.2 ACACIA SENEGAL (HASHAB BY GRADE)
8.3 ACACIA SEYAL (TALHA BY GRADE)

9 GLOBAL GUM ARABIC MARKET, BY FORM

9.1 INTRODUCTION
9.2 KIBBLED ACACIA GUM
9.3 POWDERED ACACIA GUM
9.4 RAW GUM
9.5 SPRAY-DRIED ACACIA GUM

10 GLOBAL GUM ARABIC MARKET, BY APPLICATION

10.1 INTRODUCTION
10.2 FOOD AND BEVERAGES
10.3 NUTRACEUTICALS
10.4 COSMETICS AND PERSONAL CARE
10.5 PAINTS AND COATING
10.6 PHARMACEUTICALS
10.7 OTHER APPLICATIONS

11 GLOBAL GUM ARABIC MARKET, BY REGION

11.1 OVERVIEW
11.2 NORTH AMERICA
- 11.2.1 U.S.
- 11.2.2 CANADA
- 11.2.3 MEXICO
11.3 EUROPE
- 11.3.1 FRANCE
- 11.3.2 GERMANY
- 11.3.3 ITALY
- 11.3.4 SPAIN
- 11.3.5 U.K.
- 11.3.6 ROE
11.4 ASIA PACIFIC
- 11.4.1 CHINA
- 11.4.2 INDIA
- 11.4.3 JAPAN
- 11.4.4 AUSTRALIA AND NEW ZEALAND
- 11.4.5 ROAPAC
11.5 REST OF THE WORLD
- 11.5.1 MIDDLE EAST
- 11.5.2 SOUTH AMERICA
- 11.5.3 AFRICA

12 COMPETITIVE LANDSCAPE

12.1 MARKET SHARE ANALYSIS
12.2 COMPETITIVE DASHBOARD
12.3 COMPETITIVE MARKET POSITIONING

13 COMPANY PROFILES

13.1 NEXIRA
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 FINANCIAL OVERVIEW
- 13.1.3 PRODUCTS AND SERVICES
- 13.1.4 SWOT ANALYSIS
- 13.1.5 KEY STRATEGIES
13.2 GUM ARABIC COMPANY (GAC)
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS AND SERVICES
- 13.2.4 SWOT ANALYSIS
- 13.2.5 KEY STRATEGIES
13.3 KERRY GROUP
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 FINANCIAL OVERVIEW
- 13.3.3 PRODUCTS AND SERVICES
- 13.3.4 SWOT ANALYSIS
- 13.3.5 KEY STRATEGIES
13.4 TIC GUMS
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS AND SERVICES
- 13.4.4 SWOT ANALYSIS
- 13.4.5 KEY STRATEGIES
13.5 AGRIGUM INTERNATIONAL LIMITED
- 13.5.1 COMPANY OVERVIEW
- 13.5.2 FINANCIAL OVERVIEW
- 13.5.3 PRODUCTS AND SERVICES
- 13.5.4 SWOT ANALYSIS
- 13.5.5 KEY STRATEGIES
13.6 FARBEST BRANDS
- 13.6.1 COMPANY OVERVIEW
- 13.6.2 FINANCIAL OVERVIEW
- 13.6.3 PRODUCTS AND SERVICES
- 13.6.4 SWOT ANALYSIS
- 13.6.5 KEY STRATEGIES
13.7 HAWKINS WATTS LIMITED
- 13.7.1 COMPANY OVERVIEW
- 13.7.2 FINANCIAL OVERVIEW
- 13.7.3 PRODUCTS AND SERVICES
- 13.7.4 SWOT ANALYSIS
- 13.7.5 KEY STRATEGIES
13.8 ALLAND & ROBERT
- 13.8.1 COMPANY OVERVIEW
- 13.8.2 FINANCIAL OVERVIEW
- 13.8.3 PRODUCTS AND SERVICES
- 13.8.4 SWOT ANALYSIS
- 13.8.5 KEY STRATEGIES
13.9 ARCHER DANIELS MIDLAND COMPANY (ADM)
- 13.9.1 COMPANY OVERVIEW
- 13.9.2 FINANCIAL OVERVIEW
- 13.9.3 PRODUCTS AND SERVICES
- 13.9.4 SWOT ANALYSIS
- 13.9.5 KEY STRATEGIES