Gum Arabic Trends and Forecast
The future of the global gum arabic market looks promising with opportunities in the pharmaceutical, food and beverage, printing & painting, and cosmetic markets. The global gum arabic market is expected to reach an estimated $1.5 billion by 2030 with a CAGR of 7.4% from 2024 to 2030. The major drivers for this market are increasing demand for antibacterial cream formulation from the pharmaceutical industry and growing demand for natural dietary fiber in the form of gum arabic.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Gum Arabic by Segment
The study includes a forecast for the global gum arabic by type, function, end use, and region.
Gum Arabic Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Acacia Senegal
• Acacia Seyal
Gum Arabic Market by Function [Shipment Analysis by Value from 2018 to 2030]:
• Thickener
• Gelling Agent
• Fat Replacer
• Stabilizer
• Others
Gum Arabic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Pharmaceutical
• Food and Beverages
• Printing & Painting
• Cosmetics
• Others
Gum Arabic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Gum Arabic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gum arabic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gum arabic companies profiled in this report include-
• Kerry Group
• Tic Gums
• The Gums and Colloids
• Nexira
• Archer Daniels Midland
• Ashland Specialty Chemicals
• Agrigum International
• Farbest Brands
• Alpha Agricultural Processing
• SOMAR Corporation
Gum Arabic Market Insights
Lucintel forecasts that acacia senegal will remain the larger segment over the forecast period.
Within this market, food and beverage will remain the largest segment over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Gum Arabic Market
Market Size Estimates: Gum arabic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Gum arabic market size by type, function, end use, and region in terms of value ($B).
Regional Analysis: Gum arabic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, functions, end uses, and regions for the gum arabic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gum arabic market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the gum arabic market size?
Answer: The global gum arabic market is expected to reach an estimated $1.5 billion by 2030.
Q2. What is the growth forecast for gum arabic market?
Answer: The global gum arabic market is expected to grow with a CAGR of 7.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the gum arabic market?
Answer: The major drivers for this market are increasing demand for antibacterial cream formulation from the pharmaceutical industry and growing demand for natural dietary fiber in the form of gum arabic.
Q4. What are the major segments for gum arabic market?
Answer: The future of the gum arabic market looks promising with opportunities in the pharmaceutical, food and beverage, printing & painting, and cosmetic markets.
Q5. Who are the key gum arabic market companies?
Answer: Some of the key gum arabic companies are as follows:
• Kerry Group
• Tic Gums
• The Gums and Colloids
• Nexira
• Archer Daniels Midland
• Ashland Specialty Chemicals
• Agrigum International
• Farbest Brands
• Alpha Agricultural Processing
• SOMAR Corporation
Q6. Which gum arabic market segment will be the largest in future?
Answer: Lucintel forecasts that acacia senegal will remain the larger segment over the forecast period.
Q7. In gum arabic market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the gum arabic market by type (acacia senegal and acacia seyal), function (thickener, gelling agent, fat replacer, stabilizer, and others), end use (pharmaceutical, food and beverages, printing & painting, cosmetics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Gum Arabic Market, Gum Arabic Market Size, Gum Arabic Market Growth, Gum Arabic Market Analysis, Gum Arabic Market Report, Gum Arabic Market Share, Gum Arabic Market Trends, Gum Arabic Market Forecast, Gum Arabic Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.