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The gum arabic market is forecasted to grow by USD 543.6 million during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the gum arabic market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for natural and clean-label ingredients in food and beverages, growing use of gum arabic in pharmaceutical and cosmetics industries, and sustainable harvesting practices and ethical sourcing initiatives.
The gum arabic market is segmented as below:
By Application
- Confectionery
- Beverages
- Bakery
- Pharmaceuticals
- Others
By Source
- Acacia senegal
- Acacia seyal
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the gum arabic market covers the following areas:
- Gum arabic market sizing
- Gum arabic market forecast
- Gum arabic market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Source
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global gum arabic market: Agrigum International Ltd., Alpha Agriculture Processing Co. Ltd., Archer Daniels Midland Co., Ashland Inc., ASIYLA GUM Co. SARL, Colony Gums Inc., Farbest Brands, Foodchem International Corp., Gulf Agency Co. Ltd., Gum Arabic Co Nigeria Ltd., Hawkins Watts Ltd., Ingredion Inc., Jumbo Trading Co. Ltd., Kerry Group Plc, Morouj Commodities UK Ltd., NEXIRA, RR Srl, and SOMAR Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing use of gum arabic in producing plant-based meat alternatives."
According to the report, one of the major drivers for this market is the increasing demand for natural and clean-label ingredients in food and beverages.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agrigum International Ltd.
- Alpha Agriculture Processing Co. Ltd.
- Archer Daniels Midland Co.
- Ashland Inc.
- ASIYLA GUM Co. SARL
- Colony Gums Inc.
- Farbest Brands
- Foodchem International Corp.
- Gulf Agency Co. Ltd.
- Gum Arabic Co Nigeria Ltd.
- Hawkins Watts Ltd.
- Ingredion Inc.
- Jumbo Trading Co. Ltd.
- Kerry Group Plc
- Morouj Commodities UK Ltd.
- NEXIRA
- RR Srl
- SOMAR Corp.
