Global Gum Arabic Market, By Type (Senegalia Senegal and Vachellia Seyal), Function (Thickener, Fast Replacer, Stabilizer, Gelling Agent, Coating Agent, Texturant, and Others), Functionality (Viscosity, Solubility, Emulsifier, Film Forming, Fat Substitute, Fiber, and Stabilizer), Application (Confectionary, Beverage Products, Bakery Products, Dairy Products, Sauces and Dressings, and Others)– Industry Trends and Forecast to 2031.
Gum Arabic Market Analysis and Size
The global gum arabic market is seeing a surge in innovative applications and methods. From encapsulating flavors in food to enhancing drug delivery systems, its versatility expands. Nanotechnology introduces novel extraction techniques, promising higher purity and yield. This evolution revitalizes industries, offering sustainable solutions and boosting economic prospects.
Data Bridge Market Research analyzes that the global gum arabic market, which was USD 898.57 billion in 2023, is expected to reach USD 1,413.91 billion by 2031, at a CAGR of 5.83% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016 - 2021)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Senegalia Senegal and Vachellia Seyal), Function (Thickener, Fast Replacer, Stabilizer, Gelling Agent, Coating Agent, Texturant, and Others), Functionality (Viscosity, Solubility, Emulsifier, Film forming, Fat substitute, Fiber, and Stabilizer), Application (Confectionary, Beverage Products, Bakery Products, Dairy Products, Sauces and Dressings, and Others)
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa
|
|
Market Players Covered
|
Kerry Group plc (Ireland), The Clorox Company (U.S.), Softigel (U.S.), Nature's Way Products, LLC (U.S.), Zanonvitamec (U.S.), OLLY Vitamins & Supplements (U.S.), HERBALAND USA (Canada), Hero Nutritionals, Inc. (U.S.), SmartyPants Inc. (U.S.), The Nature's Bounty (U.S.), IM Healthcare (India), Nutra Solutions (U.S.), Makers Nutrition, LLC (U.S.), Vitakem Nutraceutical Inc. (U.S.), Bayer AG (Germany), Ernest Jackson (U.K.), Boscogen, Inc. (U.S.), and SCN BestCo. (U.S.)
|
|
Market Opportunities
|
|
Market Definition
Gum arabic, also known as acacia gum, is a natural gum sourced from the sap of acacia trees. It is a versatile substance used in various industries, including food, pharmaceuticals, and cosmetics, as a stabilizer, thickening agent, and emulsifier. Its properties make it valuable in numerous applications worldwide.
Global Gum Arabic Market Dynamics
Drivers
- Growing Demand in Food and Beverage Industry
The gum arabic market thrives on its pivotal role as a stabilizer, thickening agent, and emulsifier in the food and beverage sector. Its application enhances texture and stability in popular products such as soft drinks, confectionery, and baked goods, driving substantial demand within the industry.
- Technological Advancements in Extraction and Processing
Continual advancements in gum arabic extraction and processing methods enhance yield, quality, and cost-effectiveness, propelling market expansion. Innovations in extraction techniques optimize resource utilization, while refined processing methods ensure superior product quality. These advancements drive efficiency and competitiveness, fostering sustained growth in the gum arabic industry.
Opportunities
- Increasing Emphasis on Natural Ingredients
As consumer demand for natural and clean label products rises, gum arabic emerges as a favored ingredient, supplanting synthetic alternatives across various applications. Its natural origin and versatile properties make it an appealing choice for industries seeking to meet the evolving preferences of health-conscious consumers while maintaining product quality and integrity.
- Use in Cosmetics and Personal Care Products
Gum arabic is widely employed in cosmetics and personal care items for its roles as a binder, emulsifier, and viscosity controller. With increasing consumer demand for skincare, haircare, and beauty products, the utilization of gum arabic continues to grow, driven by its effectiveness in enhancing product formulation and performance.
Restraints/Challenges
- Issues Associated with Storage and Shelf Life
Gum arabic stability and shelf life are susceptible to temperature and humidity variations. Maintaining optimal storage conditions is crucial to prevent degradation. Proper facilities and handling practices are essential for preserving product quality and ensuring its usability in various applications.
- Fluctuation in Demand Shifts
Gum arabic prices fluctuate due to demand shifts, geopolitical instability in producing regions, and currency fluctuations. Such volatility complicates planning and budgeting for producers and buyers alike. Predicting future prices becomes challenging, impacting decision-making and financial stability across the market.
This global gum arabic market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global gum arabic market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In March 2020, Farbest Brands partnered with CARAGUM International, specializing in stabilizer systems for the food industry, particularly in liquid products such as beverages. This collaboration strengthens innovations in stabilizers, impacting the gum arabic market by enhancing formulation options and product stability in various food application
- In July 2021, Polygal AG & Clariant joined forces to develop natural tara-gum rheology modifiers for the personal care industry. This collaboration, leveraging Polygal’s expertise in plant-derived hydrocolloids and Clariant’s formulation know-how, fosters advancements in personal care products, influencing the gum arabic market expansion into new applications
- In August 2022, ADM inaugurated ScaleUp Bio, Singapore's pioneering contract development and manufacturing organization for precision fermentation in food applications. This initiative, driving sustainable food commercialization in Asia, impacts the gum arabic market by promoting innovative uses and demand for alternative ingredients in food production
- In May 2022, Kerry launched Africa's largest taste manufacturing facility in South Africa, producing sustainable nutrition solutions. This development amplifies the gum arabic market's reach across the African continent, fostering new opportunities for incorporating natural ingredients in food and beverage formulations
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Gum Arabic Market Scope
The global gum arabic market is segmented on the basis of type, function, functionality, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Senegalia Senegal
- Vachellia Seyal
Function
- Thickener
- Fast Replacer
- Stabilizer
- Gelling Agent
- Coating Agent
- Texturant
- Others
Functionality
- Viscosity
- Solubility
- Emulsifier
- Film forming
- Fat substitute
- Fiber
- Stabilizer
Application
- Confectionary
- Beverage Products
- Bakery Products
- Dairy Products
- Sauces and Dressings
- Others
Global Gum Arabic Market Regional Analysis/Insights
The global gum arabic market is analysed and market size insights and trends are provided by country, type, function, functionality, and application as referenced above.
The countries covered in the global gum arabic market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
North America region is expected to dominate the gum arabic market, led by countries such as Canada and the U.S. Their substantial contributions drive growth in the global gum arabic market, reflecting increasing demand and usage across various industries.
Asia-Pacific region is expected to dominate the gum arabic market, fueled by expanding applications in personal care, pharmaceuticals, painting, ceramics, and printmaking. The region's growth is driven by increased demand for gum arabic across diverse industries, particularly in personal care and pharmaceuticals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Gum Arabic Market Share Analysis
The global gum arabic market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the global gum arabic market are:
- Kerry Group plc (Ireland)
- The Clorox Company (U.S.)
- Softigel (U.S.)
- Nature's Way Products, LLC (U.S.)
- Zanonvitamec (U.S.)
- OLLY Vitamins & Supplements (U.S.)
- HERBALAND USA (Canada)
- Hero Nutritionals, Inc. (U.S.)
- SmartyPants Inc. (U.S.)
- The Nature's Bounty (U.S.)
- IM Healthcare (India)
- Nutra Solutions (U.S.)
- Makers Nutrition, LLC (U.S.)
- Vitakem Nutraceutical Inc. (U.S.)
- Bayer AG (Germany)
- Ernest Jackson (U.K.)
- Boscogen, Inc. (U.S.)
- SCN BestCo. (U.S.)
SKU-