Gourmet Insights is a prominent source of data, analytics, and intelligence tailored for the Food & Beverage industry. Our expertise lies in delivering thorough and current information across diverse facets of the F&B sector, encompassing restaurants, foodservice establishments, beverage producers, distributors, and other key players in the culinary landscape.
Data Bridge Market Research unveils a comprehensive study of Market, presented in a visually compelling format for effective data absorption. Key insights are readily evident through insightful graphs, charts, and figures, empowering informed decision-making.
Data Bridge Market Research analyses that the gum arabic market was valued at USD 802.3 million in 2021 and is expected to reach the value of USD 1262.43 billion by 2029, at a CAGR of 5.83% during the forecast period of 2022 to 2029.
“Global Gum Arabic Market research report gives detailed market insights with which visualizing market place clearly become easy. The market report endows with an utter background analysis of the industry along with an assessment of the parental market. This market research report puts forth the comprehensive analysis of the market structure and the estimations of the various segments and sub-segments of the industry. The process of formulating Gum Arabic Market report is initiated with the expert advice and the utilization of several steps. To perform several estimations and calculations, the definite base year and the historic year are considered as a support in the report.
Detailing about the actions of key players with respect to product launches, joint ventures, developments, mergers and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values is also conducted in the Gum Arabic Market business report. The report contains key information about the industry, market segmentation, important facts and figures, expert opinions, and the latest advancements happening across the globe. This market report surely assists in the journey to accomplish the business growth and success. Employment of well-known statistical tools and coherent models for analysis and forecasting of market data makes Gum Arabic Marketing report outperforming.
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Gum arabic, also known as acacia gum, meska, and chaar gund/goond, is a natural emulsifier derived from the hardened sap of two acacia tree species (Senegalia senegal (Acacia) and Vachellia (Acacia) seyal). Acacia trees can be found on the African west coast and the Indian subcontinent.
Global Gum Arabic Market Dynamics
Drivers
- Rising popularity of natural and organic products
The rising popularity of natural products in the food and beverage industries is expected to fuel the significant growth rate of the gum arabic market during the research period. Furthermore, gum arabic products are high in dietary fibre, which helps with bowel movement and digestion. As a result, the consumption of gum arabic is increasing. Even manufacturers and producers are emphasising the nutritional benefits of gum arabic in their promotional materials. Furthermore, gum arabic products are in high demand because they are organic and high in fibre content.
- Expansion of gum Arabic application in various industries
Alternatively, the gum arabic is widely used as a thickening agent in the production of gum arabics. Furthermore, gum arabic powder is used as an additive in ceramic glazes, as an adhesive in rolling papers, and as a binder in the manufacture of watercolour paints. Furthermore, gum arabic is widely used in the food industry as a microencapsulating agent in confectionery, beverage, bakery, and dairy production. As a result, during the assessment period, gum arabic products were the fastest-growing product in the gum arabic market. As a result, gum arabic applications are expanding in a variety of industries, which is expected to drive the global gum arabic market growth.
Opportunity
The increasing number of domestic vendors and e-commerce channels are expanding the opportunities for key players and manufacturers. Furthermore, growing consumer preferences for natural ingredients are another major factor driving opportunities for gum arabic liquid manufacturers and key players.
The gum arabic market is segmented on the basis of type, function 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.
Gum Arabic Market Regional Analysis/Insights
The North American region is expected to generate the highest food-grade gum arabic market share. Countries in this region, such as Canada and the United States, are making a greater contribution to the growth of the global gum arabic market. Asia-Pacific is predicted to generate the highest growth rate in the global gum arabic market during the assessment period. This region is expanding due to the increasing use of gum Arabic in the personal care and pharmaceutical industries. Aside from that, rising gum arabic usages in painting, ceramics, and printmaking are expected to play a significant role in the region's gum arabic industrial growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact 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.
Major Points Covered in TOC:
Gum Arabic Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, Gum Arabic Market portions by application, study goals, and years considered.
Gum Arabic Market Landscape: Here, the opposition in the Worldwide Gum Arabic Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.
Gum Arabic Profiles of Manufacturers: Here, driving players of the worldwide Gum Arabic Market are considered dependent on deals region, key items, net edge, income, cost, and creation.
Gum Arabic Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide Gum Arabic Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.
Gum Arabic Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide Gum Arabic Market.
Gum Arabic Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.
Keyword: Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.
Some of the major players operating in the gum arabic market are:
- Kerry Group plc (Ireland)
- Bettera Brands LLC (US)
- The Clorox Company (US)
- Softigel (US)
- Nature's Way Products, LLC (US)
- Zanonvitamec (US)
- OLLY Public Benefit Corporation (US)
- Herbaland Naturals Inc. (Canada)
- Hero Nutritionals (US)
- SmartyPants Inc. (US)
- The Nature's Bounty Co. (US)
- IM Healthcare (India)
- Nutra Solutions (US)
- Makers Nutrition, LLC (US)
- Vitakem Nutraceutical Inc. (US)
- Bayer AG (Germany)
- Ernest Jackson (UK)
- Boscogen, Inc (US)
- Santa Cruz Nutritionals Inc. (US)
Gum Arabic By Type (Senegalia Senegal, Vachellia Seyal), Function (Thickener, Fast Replacer, Stabilizer, Gelling Agent, Coating Agent, Texturant, Others), Application (Confectionary, Beverage Products, Bakery Products, Dairy Products, Sauces & Dressings, Others)
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