Gum Arabic Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Senegalia Senegal Gum and Vachellia Seyal Gum), Function (Thickener, Stabilizer, Gelling Agent, and Others), and Application (Bakery and Confectionery, Beverages, Dairy and Frozen Products, and Others)
Publication Month: Dec 2020 | Report Code: TIPRE00016624 | No. of Pages: 143 | Category: Food and Beverages | Status: Published
The gum arabic market was valued at US$ 759.74 million in 2019 and is projected to reach US$ 1,206.35 million by 2027; it is expected to grow at a CAGR of 6.1% from 2020 to 2027.
Gum arabic, also known as acacia gum, gum sudani, Arabic gum, gum acacia, acacia, Indian gum, Senegal gum, and by other names, is a natural gum produced from the sap of the Acacia trees. Gum arabic is extensively used in several applications in the food & beverages industry. It is mainly used to prepare toffees, pastilles, gums, and flavoured beverages. The gum arabic market is witnessing significant growth owing to increasing consciousness toward gum arabic's multi-functionality. Moreover, the rising applications of gum arabic across the pharmaceutical sector offer lucrative opportunities for the key players operating in the global gum arabic market.
In 2019, Europe contributed to the largest share in the global gum arabic market. The growth of the market in this region is primarily attributed to the transforming lifestyle trends concerning the food & beverage industry, which has had a considerable influence on the gum arabic market in Europe. There is a growing need for natural thickeners to produce clean labels across European market, which is driving the growth of the gum arabic market in Europe.
The COVID-19 outbreak was first reported in Wuhan, China, in December 2019. As of December 2020, the US, Brazil, India, Russia, France, the UK, Italy, Spain, Argentina, Colombia, Germany, and Mexico are among the worst affected countries in terms of COVID-19 confirmed cases and reported deaths. The COVID-19 pandemic is adversely affecting economies and industries in various countries due to lockdowns and business shutdowns. The food & beverages is one of the significant industries facing severe disruptions such as office and factory shutdown and supply chain break, which is restraining the growth of the global gum arabic market.
Geographic Overview of Gum Arabic Market
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Market Insights
Growing Awareness about Multi-Functionality of Gum Arabic
Gum arabic is used to treat various diseases. It improves patients' digestive systems and enhances appetite. Gum arabic is categorized as a nondigestible dietary fiber. It also exhibits a few medicinal benefits such as reducing dental plaque and wounds healing, which encourage the application of gum arabic in the pharmaceutical sector. Moreover, gum arabic (acacia Senegal) is a complex polysaccharide indigestible to both humans and animals. Gum arabic is also one of the most usually used foaming agents and emulsifier, drying agent, and stabilizer in various products. It is a natural plant-based hydrocolloid or plant or tree exudate composed of polysaccharide and Arabinogalactan protein (AGP) fractions. These give desirable amphiphilic (hydrophobic-hydrophilic) molecular characteristics and reliable emulsifying function to gum arabic. Gum arabic also has water-loving and water-hating components that work in tandem to create a mixture between components that generally don’t mix, such as oil and water or air and water. The functional properties of gum arabic mainly depend on its source, type, and molecular structure, especially the AGP fraction present in the gum.
Therefore, growing awareness regarding the multi-functionality, inclination for natural products in the food & beverage industry, and related medicinal benefits are likely to enhance the growth of the gum arabic market in the forecast period.
Type Insights
Based on type, the global Gum arabic market is bifurcated into senegalia senegal gum and vachellia seyal gum. The senegalia senegal gum segment dominated the market in 2019. The gum is capable to repair the atmospheric nitrogen and improve soil condition. The senegalia senegal gum can also be used as an additive in crafts, cosmetics, and food items. The gum is considered to have antidote effects. The seed provides oil which can be used in dyes and soap making.
Function Insights
By function, the global gum arabic market is segmented into thickener, stabilizer, gelling agent, and others. The thickener segment led the market in 2019. Gum arabic is a natural additive that is basically obtained from the bark of acacia tree. The gum is colourless, odourless, and tasteless and used in the commercial food processing to thicken the food items such as ice cream, candy, and sweet syrups. It is a plant-derived fiber that is used as a binder to hold the two ingredients together. Gum arabic is a low-viscosity gum and is also used as a thickening agent in soft drinks and fruit juice-based beverages.
Application Insights
The global gum arabic market, based on application, is segmented into bakery and confectionary, beverages, dairy and frozen products, and others. The bakery and confectionery segment dominated the market in 2019. In bakery, gum arabic is used for sealing of baked goods to provide glossy coatings and effective binding. Gum arabic when used in bun glaze provides stability, and adhesive and free flowing characteristics. In confectionary, gum arabic is used as an emulsifier, film former, bulking agent, and controlling agent for sugar crystallization. In toffee and caramel products, it is used to provide help in reducing the flat droplet size distribution, which stabilizes the product. It is one of the natural ingredients used in the production of reduced calorie and high-quality soft candies. Gum arabic is also an excellent flavor carrier and is used in formulations to provide long-lasting fresh taste.
Global Gum Arabic Market, by Type – 2019 and 2027
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Strategic Insights
A few key players operating in the gum arabic market are AEP Colloids; Agrigum International Limited; Alland & Robert; Farbest Brands; Hawkins Watts Limited; ISC Gums; Kerry Group; Nexira; Somar Corp; and TIC Gums, Inc. Major players in the market are focusing on strategies such as mergers and acquisitions, and product launches to increase the geographical presence and consumer base globally. For instance, in April 2019,
Alland & Robert entered into a joint venture with India-based company Sayaji Industries Limited.
As a result, Alland & Robert and Sayaji Industries will each take an equivalent share (50:50). A brand new name and logo embody the partnership. Alland & Robert will primarily focus on the production and supply of premium quality spray dried acacia gum for the growing Indian market.Report Spotlights
- Progressive industry trends in the global gum arabic market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the market from 2017 to 2027
- Estimation of the demand for gum arabic across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for gum arabic
- Market trends and outlook coupled with factors driving and restraining the growth of the gum arabic market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global gum arabic market growth
- Gum arabic market size at various nodes of market
- Detailed overview and segmentation of the global gum arabic market as well as its dynamics in the industry
- Gum arabic market size in various regions with promising growth opportunities
Global Gum Arabic Market, by Type
- Senegalia Senegal Gum
- Vachellia Seyal Gum
Global Gum Arabic Market, by Function
- Thickener
- Stabilizer
- Gelling Agent
- Others
Global Gum Arabic Market, by Application
- Bakery and Confectionery
- Beverages
- Dairy and Frozen Products
- Others
Company Profiles
- AEP Colloids
- Agrigum International Limited
- Alland & Robert
- Farbest Brands
- Hawkins Watts Limited
- ISC Gums
- Kerry Group
- Nexira
- Somar Corp
- TIC Gums, Inc.
Frequently Asked Questions
The List of Companies - Global Gum Arabic Market
- AEP Colloids
- Agrigum International Limited
- Alland & Robert
- Farbest Brands
- Hawkins Watts Limited
- ISC Gums
- Kerry Group
- Nexira
- Somar Corp
- TIC Gums, Inc.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global gum arabic market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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