Global Gum Arabic Market by Source (Acacia Senegal, Acacia Seyal), by Application (Dairy Products, Beverages, Pharmaceuticals, Confectionery) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

Global gum arabic market was valued at USD 373.1 millions in 2018. It is expected to grow at a CAGR 5.9% during the forecast period. Gum arabic is also known as Acacia gum. It is a natural emulsifier that can be used in a variety of applications, including food and beverages, cosmetics and pharmaceuticals. It is used primarily as a thickening and filling agent in most confectionery products.

Acacia is a source for Dietary fiber that suppresses appetite and prevents overeating. This helps in weight loss. Acacia powdered in powdered form can be a great way to lose weight, according to research. It has also been shown to prevent IBS. It is known to remove toxins from the body while also acting as a prebiotic that supports gut health. It is also known to reduce constipation, diarrhea, and inflammation in the gut. This fiber is easily digestible in water and therefore easy to eat. You can apply it to your skin to reduce inflammation and treat fungal or bacterial infections.

Consumer spending on fiber-rich foods, particularly bakery products, is driving the global market. This is due to consumers' increasing purchasing power and significant spending in confectionery and beverage industries in developing countries like India and China. This market is benefitting from a rapidly growing bakery industry in many Asian and South American nations, as well as a rise in the sales of natural and useful ingredients used in baking products.

Application Insights

In 2018, 32.2% of the global market's total revenue came from beverages. The largest share of the global market was 32.2% in 2018. Gum arabic has been used by beverage manufacturers, as well as producers of syrups and concentrates for edible flavors and syrups.

Dairy products will be the fastest-growing segment in terms of revenue. They are forecast to grow at a CAGR 7.4% during the forecast period. It is an ingredient that plays a critical role in dairy products, as both an encapsulation medium or stabilizer. Its ability to hold air improves freeze-thaw stability of ice creams, yogurts and other frozen desserts. The industry has seen significant growth in recent years thanks to thriving e-commerce channels as well as an increase in domestic vendors.

Source Insights

According to source, acacia Senegal was the dominant gum arabic market worldwide in 2018, with a revenue-based share at 66.2%. This tree is native to Sudan, Africa and parts of eastern India. Acacia Senegal trees have been known to produce in all seasons, regardless of the soil texture and climatic conditions. They can tolerate drought, making them ideal for growing in dry areas. When they are sick, these trees produce the highest quality gum acacia. The yield can be reduced by using improved culture methods. This gum is used in medicine, oil, fuelwood, timber, and ornamental trees in certain parts of the world.

Acacia seyal is expected to be the fastest-growing segment according to source. It will register a CAGR 7.2% over the forecast period. This tree can be found in many parts of Africa, and is particularly common in the Nile region. This variant is more resistant to salts, high pH and periodic flooding than the Senegal acacia Senegal. It also has a higher average molecular weight of gum. The gum produced by these trees is darker than the Senegal varieties and has inferior functional properties. Although Senegal is the preferred choice for producing superior quality gum arabic (acacia), acacia seyal has been fast rising in popularity because it is much cheaper.

Regional Insights

In 2018, North America accounted for over 35.0% of the market's revenue. This is due to the large consumer base in North America, particularly for beverages, confectioneries and pharmaceutical products. Gum arabic is a key ingredient in the production of syrups for soft drink. The region's food and beverage industry is thriving, which has contributed to market growth. The U.S. soft drink market is expected to grow at 5.1% between 2018 and 2025. Regional growth is also supported by a well-established pharmaceutical industry. This ingredient is used in many pharmaceutical formulations, so it is likely that the demand will remain steady over the next few years.

Asia Pacific is the fastest-growing regional market. It is expected to grow at 8.2% CAGR over the forecast period. The market has been driven by record sales of dairy products in countries such as India, China, Australia, Japan, and China. Leading confectionery companies expanding their geographic reach to countries in Southeast Asia is another factor that has contributed to the expansion of the regional market. This ingredient is used in many confectionery and bakery products as a filling or thickening agent. Therefore, it has a positive effect on product demand.

Gum Arabic Market Share insights

There are many growth initiatives in the market, including acquisitions, mergers and online sales. Manufacturers are also investing in new product launches, capacity expansions and technological innovation to forecast future and existing demand patterns. Gum Arabic Company, Nexira, Kerry Group; Tic Gums Inc. and Agrigum International Limited are the key players in this market. Farbest Brands; Archer Daniels Midland Company, Ashland Inc., Hawkins Watts and Prodigy NIG Limited are also important players. The market's key trend players are relying on strategic partnerships to strengthen their network and source high-quality raw materials suppliers.

Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends for each sub-segment from 2015 to 2025. Up Market Research segmented this report on the global gum arabic industry based upon application, source, region, and country.

• Application Outlook (Revenue USD Million, 2015-2025)

  • Beverages

  • Dairy products

  • Confectionery

  • Pharmaceuticals

  • Other

• Source Outlook (Revenue USD Million, 2015-2025)

  • Acacia Senegal

  • Acacia Seyal

• Regional Outlook (Revenue USD Million, 2015-2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • France

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa

Up Market Research published a new report titled “Gum Arabic Market research report which is segmented by Source (Acacia Senegal, Acacia Seyal), by Application (Dairy Products, Beverages, Pharmaceuticals, Confectionery), By Players/Companies Gum Arabic Company; Nexira; Kerry Group; Tic Gums Inc; Agrigum International Limited; Farbest Brands; Archer Daniels Midland Company; Ashland Inc; Hawkins Watts; and Prodigy NIG Limited Key trend players have been relying on in the market is forming strategic partnerships to build and strengthen their network of high-quality raw material suppliers”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Gum Arabic Market Report Segments:

The market is segmented by Source (Acacia Senegal, Acacia Seyal), by Application (Dairy Products, Beverages, Pharmaceuticals, Confectionery).

Gum Arabic Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Gum Arabic Market

Overview of the regional outlook of the Gum Arabic Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Gum Arabic Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Gum Arabic Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Acacia Senegal

                2. Acacia Seyal

                1. Dairy Products

                2. Beverages

                3. Pharmaceuticals

                4. Confectionery

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Gum Arabic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
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Reasons to Purchase the Gum Arabic Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.