According to the report by Expert Market Research (EMR), the global gum arabic market size is projected to grow at a CAGR of 5.80% between 2023 and 2028. Aided by the rising popularity of natural goods in the food and beverage industries and the rising consumer expenditure on nutritious and fibre-rich food products, the market is expected to reach a value of USD 1.42 billion by 2028.
Gum arabic, also known as acacia gum, is a natural gum harvested from the acacia tree species. It is primarily used as a stabiliser in the food and beverage industry due to its excellent emulsifying properties. Besides its use in the food industry, gum arabic plays a significant role in other industries such as pharmaceuticals, cosmetics, and inks, owing to its characteristics like superior binding, thickening, and adhesive abilities.
The ascending consumer preference for natural and clean-label ingredients is driving the global gum arabic market growth. With an increasing awareness of the health benefits linked to natural ingredient consumption, consumers are shifting towards products containing such components, leading to a surge in demand for gum arabic-based products. Additionally, the rising health consciousness and growing inclination towards maintaining a healthy lifestyle have further contributed to the popularity of gum arabic.
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The wide-ranging applications of gum arabic in diverse industries are a significant factor propelling the gum arabic market development. In the food and beverage industry, gum arabic is used as a stabiliser and emulsifier in products like candies, syrups, and beverages. The pharmaceutical industry employs gum arabic as a binder in the production of tablets and capsules, while the cosmetic industry uses it for its moisture-retaining and skin-smoothing properties, crucial in the formulation of various skincare products. Further, gum arabic’s adhesive properties make it a vital ingredient in the production of inks and adhesives, thus increasing the gum arabic market demand.
Additionally, the burgeoning demand for plant-based and vegan-friendly ingredients in the food and beverage industry has led to an increased focus on gum arabic. With the rise of veganism and the surge in popularity of plant-based diets, gum arabic, being a plant-derived ingredient, has become a critical element in the formulation of a broad range of vegan-friendly products, thereby propelling the gum arabic market growth.
Furthermore, the increasing usage of gum arabic in the nutraceutical industry, due to its high dietary fibre content, is expected to create more opportunities for the gum arabic market expansion. Gum arabic is a rich source of soluble dietary fibre and is being increasingly used in dietary supplements, functional foods, and weight management products, supporting gut health and assisting in weight management.
The market can be divided based on source, deposition process, and region.
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Market Breakup by Source
• Acacia Senegal
• Acacia Seyal
Market Breakup by Deposition Process
• Food and Beverages
• Cosmetics and Personal Care
• Paints and Inks
• Pharmaceuticals
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global gum arabic companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• Agrigum International Limited
• NEXIRA
• Kerry Group plc
• Ingredion Incorporated
• Farbest Brands
• Hawkins Watts Limited
• Gum Arabic Farms and Commodities Ltd.
• Alland & Robert
• C.E. Roeper GmbH
• Others
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