[Research Report] 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.
MARKET ANALYSIS
Gum arabic, also known as acacia gum, gum sudani, Arabic gum, gum acacia, Indian gum, Senegal gum, and by other names, is a natural gum produced from the sap of the acacia trees, available in the belt of arid lands in Africa such as Sudan, Nigeria, and Chad. Gum arabic is extensively used in several application bases in the food & beverages industry. It acts as a binding agent to bind together the food ingredients alongside significantly retaining their physical characteristics. It is used to prepare food items such as toffees, pastilles, gums, and flavoured beverages. The Gum arabic market has witnessed significant growth owing to factors such as increasing consciousness towards the multi-functionality of gum arabic.
GROWTH DRIVERS AND CHALLENGES
The diverse application of gum arabic is an essential factor boosting the growth of the market. Gum arabic is used in food and beverages, pharmaceuticals, and personal care industries. Gum arabic serves as a thickening agent in the productions of chewing gums, as a binder in watercolor paints, as an additive in ceramic glazes, and the rolling papers used in cigarettes. Also, gum arabic is the most popular natural emulsifier known globally, owing to its diverse application. Gum arabic will register enormous growth in the upcoming year due to the global demand for natural products in the food and beverage industries. Consumers have switched to consuming natural food items because of the health benefits that are associated with natural foods. Globally, the multiple functions of gum arabic to enhance the quality of the food products have led to the large-scale adoption of gum arabic in various applications. Also, gum arabic is used as an emulsifier, stabilizer, and thickening agent in icing, soft candy, fillings, chewing gum, and other confectionery, and to bind the sweeteners and flavorings in soft drinks. Gum arabic is also added to milk and milk products to produce the desired beverage or dish. It includes applications where the gum arabic is used to check the ingredients and impart richness and body to the drink.
Moreover, gum arabic is used in traditional lithography and printing. Gum arabic is mostly used for the printing seen on newspapers. Gum arabic also provides the ink with excellent adhesion power that aids the permanence of the print. Hence, the diversity in the application of gum arabic is a strong force driving the growth of the market globally. However, fluctuations in the prices of raw materials can create an adverse impact on the market growth. Furthermore, chemical manufacturers have produced a different variety of synthetic substitute which can be used in place of gum arabic for emulsification. Hence, the fluctuating cost of raw materials and availability of substitutes is expected to hamper the gum arabic market growth.
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Gum Arabic Market: Strategic Insights
Market Size Value in US$ 759.74 Million in 2019 Market Size Value by US$ 1,206.35 Million by 2027 Growth rate CAGR of 6.1% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Gum Arabic Market: Strategic Insights
| Market Size Value in | US$ 759.74 Million in 2019 |
| Market Size Value by | US$ 1,206.35 Million by 2027 |
| Growth rate | CAGR of 6.1% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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REPORT SEGMENTATION AND SCOPE
The "Global Gum Arabic Market Analysis to 2027" is a specialized and in-depth study with a major focus on the global gum arabic market trends and growth opportunities. The report aims to provide an overview of the global gum arabic market with detailed market segmentation by product, application, and geography. The global gum arabic market has been witnessing high growth over the recent past and is expected to continue this trend during the forecast period. The report provides key statistics on the consumption of gum arabic worldwide along with their demand in major regions and countries. In addition, the report provides the qualitative assessment of various factors affecting the gum arabic market performance in major regions and countries. The report also includes a comprehensive analysis of the leading players in the gum arabic market and their key strategic developments. Several analyses on the market dynamics are also included to help identify the key driving factors, market trends, and lucrative gum arabic market opportunities that would, in turn, aid in identifying the major revenue pockets.
Further, ecosystem analysis and Porter’s five forces analysis provide a 360-degree view of the global gum arabic market, which helps understand the entire supply chain and various factors affecting the market growth.
SEGMENTAL ANALYSIS
The global gum arabic market is segmented based on type, function, and application. Based on type the gum arabic market is bifurcated as senegalia senegal gum and vachellia seyal gum. On the basis of function, the market is segmented as thickener, stabilizer, gelling agent, and others. Based on the gum arabic market is segregated into bakery and confectionery, beverages, dairy and frozen products, and others.
On the basis of type senegalia senegal gum led the gum arabic market with a largest market share. Senegalia Senegal is a thorny deciduous tree which is small and which is from the genus Senegalia, and is known by a lot of names such as gum Arabic tree, gum acacia, Sudan gum Arabic and Senegal gum. Based on application residential segment is dominating the gum arabic market. Rise in population has led to increasing accommodation requirements especially in smart cities, and to fulfil this demand construction activities are increased by both government bodies and private sector companies, which has further resulted in expansion of residential construction thus, driving the gum arabic market.
REGIONAL ANALYSIS
The report provides a detailed overview of the global gum arabic market with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. Europe accounted for a large portion of the global gum arabic market share and is valued at more than US$ 280 million in 2019. European continent comprises several developed and developing economies such as Germany, France, Italy, UK, and Russia, among others. Transforming lifestyle trends concerning the food and beverage industry has had a noteworthy influence on the gum arabic market in Europe. North America is also expected to witness considerable growth valued at approximately US$ 300 million in 2027. Most of the consumers in North America are apprehensive about healthy products such as gum arabic. Gum arabic is natural gum which consist of hardened sap of two species that comes from the acacia tree, one is Acacia Senegal and the other one is Vachellia Seyal. Furthermore, in Asia Pacific, there has been a widespread usage of gum arabic in pharmaceutical and personal care sectors. This has created lucrative opportunities in gum arabic market. The gum arabic market in Asia Pacific is augmented to grow at CAGR of 6.4% during the forecast period.
INDUSTRY DEVELOPMENTS AND FUTURE OPPORTUNITIES
Partnership, acquisitions, and new product launches were found to be the major strategies adopted by the players operating in the global gum arabic market.
In Mar 2020, Farbest Brands partnered with CARAGUM International, a family-owned business headquartered in Marseille, France, specializing in manufacturing stabilizer systems for the food sector. CARAGUM International was founded in 2000 and is a significant player in the Ester Glycerol of Wood Rosin market – a weighting agent for flavored emulsions. This partnership complements Farbest’s existing ingredient portfolio for the beverage and flavor industries, including its gum acacia offerings.
IMPACT OF COVID/IMPACT OF GEOPOLITICAL SCENARIO/IMPACT OF RECESSION
Lockdowns, travel restrictions, and business shutdowns due to the COVID-19 pandemic adversely affected economies and industries in various countries in North America, Europe, Asia Pacific (APAC), South & Central America, and the Middle East & Africa (MEA). The crisis disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies announced possible delays in product deliveries and a slump in future sales of their products in 2020. Further, the international travel bans imposed by various governments in Europe, Asia Pacific, and North America forced several companies to discontinue their collaboration and partnership plans. All these factors hampered the food & beverages industry in 2020 and early 2021, thereby restraining the growth of gum arabic market.
COMPETITIVE LANDSCAPE AND KEY COMPANIES
Some of the key players operating in the gum arabic market include AEP Colloids; Agrigum International Limited; Alland & Robert; Farbest Brands; Hawkins Watts Limited; ISC Gums; Kerry Group; Nexira; Somar Corp; and TIC Gums, Inc. among others.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Function , and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Among the four segments of function, thickener segment has led the market in 2019. Gum Arabic is a natural additive that is basically obtained from the bark of acacia tree. The gum is colorless, odorless and tasteless which is used in the commercial food processing in order to thicken the foods such as ice cream, candy and sweet syrups. It is a plant-derived fiber which is used as a thickening agent and also as a binder in order to hold the two ingredients together. Gum Arabic is a low viscosity gum and is used as a thickening agent in soft drinks and fruit juice-based beverages, and in other food items.
The major players operating in the global gum arabic market are AEP Colloids; Agrigum International Limited; Alland & Robert; Farbest Brands; Hawkins Watts Limited; ISC Gums; Kerry Group; Nexira; Somar Corp; TIC Gums, Inc., and many others.
In 2019, the gum arabic market was predominant by Europe at the global level. The primary factor driving the growth of the gum arabic market is the increasing health consciousness among the consumers. Consumers nowadays are inclining towards maintaining healthy lifestyles, which has further led to the higher consumption of food and beverages with potential health benefits. In the European market there is need for natural thickener in order to produce clean labels which are becoming one of the primary reasons that will drive the growth of gum Arabic in the European market. The market for gum Arabic in Europe is further witnessing growth owing to the presence of well-established players such as and others in this region.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Gum Arabic Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Gum Arabic Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Applications of Gum Arabic In Various Industries
5.1.2 Growing Awareness About Multi-Functionality of Gum Arabic
5.2 Restraint
5.2.1 Fluctuating Price of Gum Arabic
5.3 Opportunity
5.3.1 Growing Demand for Gum Arabic Products
5.4 Future Trend
5.4.1 Rising Awareness Regarding the Health Benefits of The Organic Gum
5.5 Impact Analysis Of Drivers And Restraints
6. Gum Arabic – Global Market Analysis
6.1 Gum Arabic Market Overview
6.2 Gum Arabic Market –Revenue And Forecast To 2027 (US$ Million)
6.3 Market Positioning – Key Market Players
7. Global Gum Arabic Market Analysis – By Type
7.1 Overview
7.2 Global Gum Arabic Market Breakdown, By Type, 2019 & 2027
7.3 Senegalia Senegal Gum
7.3.1 Overview
7.3.2 Senegalia Senegal Gum: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Vachellia Seyal Gum
7.4.1 Overview
7.4.2 Vachellia Seyal Gum: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
8. Global Gum Arabic Market Analysis – By Function
8.1 Overview
8.2 Gum Arabic Market Breakdown, By Function, 2019 & 2027
8.3 Thickener
8.3.1 Overview
8.3.2 Thickener: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Stabilizer
8.4.1 Overview
8.4.2 Stabilizer: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Gelling agent
8.5.1 Overview
8.5.2 Gelling agent: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
9. Global Gum Arabic Market Analysis – By Application
9.1 Overview
9.2 Gum Arabic Market Breakdown, By Application, 2019 & 2027
9.3 Bakery and Confectionary
9.3.1 Overview
9.3.2 Bakery and Confectionary: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
9.4 Beverages
9.4.1 Overview
9.4.2 Beverages: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
9.5 Dairy and Frozen Products
9.5.1 Overview
9.5.2 Dairy and Frozen Products: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10. Gum Arabic Market – Geographic Analysis
10.1 Overview
10.2 North America: Gum Arabic Market
10.2.1 North America: Gum Arabic Market –Revenue, and Forecast to 2027 (US$ Million)
10.2.2 North America: Gum Arabic Market, by Type
10.2.3 North America: Gum Arabic Market, by Function
10.2.4 North America: Gum Arabic Market, by Application
10.2.5 North America: Gum Arabic Market, by Key Country
10.2.5.1 US: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Gum Arabic Market, by Type
10.2.5.1.2 US: Gum Arabic Market, by Function
10.2.5.1.3 US: Gum Arabic Market, by Application
10.2.5.2 Canada: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Gum Arabic Market, by Type
10.2.5.2.2 Canada: Gum Arabic Market, by Function
10.2.5.2.3 Canada: Gum Arabic Market, by Application
10.2.5.3 Mexico: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Gum Arabic Market, by Type
10.2.5.3.2 Mexico: Gum Arabic Market, by Function
10.2.5.3.3 Mexico: Gum Arabic Market, by Application
10.3 Europe: Gum Arabic Market
10.3.1 Europe: Gum Arabic Market –Revenue, and Forecast to 2027 (US$ Million)
10.3.2 Europe: Gum Arabic Market, by Type
10.3.3 Europe: Gum Arabic Market, by Function
10.3.4 Europe: Gum Arabic Market, by Application
10.3.5 Europe: Gum Arabic Market, by Key Country
10.3.5.1 Germany: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Gum Arabic Market, by Type
10.3.5.1.2 Germany: Gum Arabic Market, by Function
10.3.5.1.3 Germany: Gum Arabic Market, by Application
10.3.5.2 France: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Gum Arabic Market, by Type
10.3.5.2.2 France: Gum Arabic Market, by Function
10.3.5.2.3 France: Gum Arabic Market, by Application
10.3.5.3 Italy: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Gum Arabic Market, by Type
10.3.5.3.2 Italy: Gum Arabic Market, by Function
10.3.5.3.3 Italy: Gum Arabic Market, by Application
10.3.5.4 United Kingdom: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.4.1 United Kingdom: Gum Arabic Market, by Type
10.3.5.4.2 United Kingdom: Gum Arabic Market, by Function
10.3.5.4.3 United Kingdom: Gum Arabic Market, by Application
10.3.5.5 Russia: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Gum Arabic Market, by Type
10.3.5.5.2 Russia: Gum Arabic Market, by Function
10.3.5.5.3 Russia: Gum Arabic Market, by Application
10.3.5.6 Rest of Europe: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Gum Arabic Market, by Type
10.3.5.6.2 Rest of Europe: Gum Arabic Market, by Function
10.3.5.6.3 Rest of Europe: Gum Arabic Market, by Application
10.4 Asia Pacific: Gum Arabic Market
10.4.1 Asia Pacific: Gum Arabic Market – Revenue and Forecast to 2027(US$ Million)
10.4.2 Asia Pacific: Gum Arabic Market, by Type
10.4.3 Asia Pacific: Gum Arabic Market, by Function
10.4.4 Asia Pacific: Gum Arabic Market, by Application
10.4.5 Asia Pacific: Gum Arabic Market, by Key Country
10.4.5.1 Australia: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Gum Arabic Market, by Type
10.4.5.1.2 Australia: Gum Arabic Market, by Function
10.4.5.1.3 Australia: Gum Arabic Market, by Application
10.4.5.2 China: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Gum Arabic Market, by Type
10.4.5.2.2 China: Gum Arabic Market, by Function
10.4.5.2.3 China: Gum Arabic Market, by Application
10.4.5.3 Japan: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 Japan: Gum Arabic Market, by Type
10.4.5.3.2 Japan: Gum Arabic Market, by Function
10.4.5.3.3 Japan: Gum Arabic Market, by Application
10.4.5.4 India: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 India: Gum Arabic Market, by Type
10.4.5.4.2 India: Gum Arabic Market, by Function
10.4.5.4.3 India: Gum Arabic Market, by Application
10.4.5.5 South Korea: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Gum Arabic Market, by Type
10.4.5.5.2 South Korea: Gum Arabic Market, by Function
10.4.5.5.3 South Korea: Gum Arabic Market, by Application
10.4.5.6 Rest of Asia Pacific: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Gum Arabic Market, by Type
10.4.5.6.2 Rest of Asia Pacific: Gum Arabic Market, by Function
10.4.5.6.3 Rest of Asia Pacific: Gum Arabic Market, by Application
10.5 MEA: Gum Arabic Market
10.5.1 MEA: Gum Arabic Market – Revenue and Forecast to 2027(US$ Million)
10.5.2 MEA: Gum Arabic Market, by Type
10.5.3 MEA: Gum Arabic Market, by Function
10.5.4 MEA: Gum Arabic Market, by Application
10.5.5 MEA: Gum Arabic Market, by Key Country
10.5.5.1 South Africa: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Gum Arabic Market, by Type
10.5.5.1.2 South Africa: Gum Arabic Market, by Function
10.5.5.1.3 South Africa: Gum Arabic Market, by Application
10.5.5.2 Saudi Arabia: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Gum Arabic Market, by Type
10.5.5.2.2 Saudi Arabia: Gum Arabic Market, by Function
10.5.5.2.3 Saudi Arabia: Gum Arabic Market, by Application
10.5.5.3 UAE: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Gum Arabic Market, by Type
10.5.5.3.2 UAE: Gum Arabic Market, by Function
10.5.5.3.3 UAE: Gum Arabic Market, by Application
10.5.5.4 Rest of MEA: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Gum Arabic Market, by Type
10.5.5.4.2 Rest of MEA: Gum Arabic Market, by Function
10.5.5.4.3 Rest of MEA: Gum Arabic Market, by Application
10.6 SAM: Gum Arabic Market
10.6.1 SAM: Gum Arabic Market – Revenue and Forecast to 2027(US$ Million)
10.6.2 SAM: Gum Arabic Market, by Type
10.6.3 SAM: Gum Arabic Market, by Function
10.6.4 SAM: Gum Arabic Market, by Application
10.6.5 SAM: Gum Arabic Market, by Key Country
10.6.5.1 Brazil: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Gum Arabic Market, by Type
10.6.5.1.2 Brazil: Gum Arabic Market, by Function
10.6.5.1.3 Brazil: Gum Arabic Market, by Application
10.6.5.2 Argentina: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Gum Arabic Market, by Type
10.6.5.2.2 Argentina: Gum Arabic Market, by Function
10.6.5.2.3 Argentina: Gum Arabic Market, by Application
10.6.5.3 Rest of SAM: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Gum Arabic Market, by Type
10.6.5.3.2 Rest of SAM: Gum Arabic Market, by Function
10.6.5.3.3 Rest of SAM: Gum Arabic Market, by Application
11. Impact of COVID-19 Pandemic on Global Gum Arabic Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 AEP Colloids
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Agrigum International Limited
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 Alland & Robert
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Farbest Brands
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Hawkins Watts Limited
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 ISC Gums
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Kerry Group
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 Nexira
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Somar Corp
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 TIC Gums, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Gum Arabic Market –Revenue And Forecast To 2027 (US$ Million)
Table 2. North America: Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Gum Arabic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Gum Arabic Market, by Application–Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Gum Arabic Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Gum Arabic Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe: Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe: Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe: Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 17. Germany: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 18. Germany: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 19. Germany: Gum Arabic Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 20. France: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 21. France: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 22. France: Gum Arabic Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 23. Italy: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 24. Italy: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy: Gum Arabic Market, by Application–Revenue and Forecast to 2027 (US$ Million)
Table 26. United Kingdom: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 27. United Kingdom: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 28. United Kingdom: Gum Arabic Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia: Gum Arabic Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 32. Rest of Europe: Gum Arabic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe: Gum Arabic Market, by Function–Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe: Gum Arabic Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 35. Asia Pacific Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 36. Asia Pacific Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 37. Asia Pacific Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 38. Australia Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 39. Australia Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 40. Australia Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 41. China Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 42. China Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 43. China Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 44. Japan Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 45. Japan Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 46. Japan Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 47. India Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 48. India Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 49. India Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 50. South Korea Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 51. South Korea Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 52. South Korea Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of Asia Pacific Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of Asia Pacific Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of Asia Pacific Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 56. MEA Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 57. MEA Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 58. MEA Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 59. South Africa Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 60. South Africa Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 61. South Africa Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 62. Saudi Arabia Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 63. Saudi Arabia Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 64. Saudi Arabia Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 65. UAE Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 66. UAE Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 67. UAE Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 68. Rest of MEA Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 69. Rest of MEA Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of MEA: Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 71. SAM Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 72. SAM Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 73. SAM Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 74. Brazil Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 75. Brazil Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 76. Brazil Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 77. Argentina Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 78. Argentina Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 79. Argentina Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 80. Rest of SAM Gum Arabic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 81. Rest of SAM Gum Arabic Market, by Function– Revenue and Forecast to 2027 (US$ Million)
Table 82. Rest of SAM Gum Arabic Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 83. Glossary of Terms, Global Gum Arabic Market
LIST OF FIGURES
Figure 1. Gum Arabic Market Segmentation
Figure 2. Gum Arabic Market Segmentation – By Geography
Figure 3. Global Gum Arabic Market Overview
Figure 4. Senegalia Senegal Gum Held Largest Share Of Global Gum Arabic Market
Figure 5. Europe Region Held Largest Share of Global Gum Arabic Market
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Gum Arabic Market Impact Analysis Of Driver And Restraints
Figure 14. Geographic Overview Of Gum Arabic Market
Figure 15. Global: Gum Arabic Market – Revenue And Forecast To 2027 (US$ Million)
Figure 16. Global Gum Arabic Market Breakdown, By Type, 2019 & 2027
Figure 17. Senegalia Senegal Gum: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Vachellia Seyal Gum: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Gum Arabic Market Breakdown, By Function, 2019 & 2027 (%)
Figure 20. Thickener: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Stabilizer: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Gelling agent: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Others: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Gum Arabic Market Breakdown, By Application, 2019 & 2027 (%)
Figure 25. Bakery and Confectionary: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Beverages: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Dairy and Frozen Products: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Others: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Global Gum Arabic Market Revenue Share, by Region (2019 and 2027)
Figure 30. North America: Gum Arabic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. North America: Gum Arabic Market Revenue Share, by Type (2019 and 2027)
Figure 32. North America: Gum Arabic Market Revenue Share, by Function (2019 and 2027)
Figure 33. North America: Gum Arabic Market Revenue Share, by Application (2019 and 2027)
Figure 34. North America: Gum Arabic Market Revenue Share, by Key Country (2019 and 2027)
Figure 35. US: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 36. Canada: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 37. Mexico: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 38. Europe: Gum Arabic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Europe: Gum Arabic Market Revenue Share, by Type (2019 and 2027)
Figure 40. Europe: Gum Arabic Market Revenue Share, by Function (2019 and 2027)
Figure 41. Europe: Gum Arabic Market Revenue Share, by Application (2019 and 2027)
Figure 42. Europe: Gum Arabic Market Revenue Share, by Key Country (2019 and 2027)
Figure 43. Germany: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 44. France: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 45. Italy: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 46. United Kingdom: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 47. Russia: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 48. Rest of Europe: Gum Arabic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 49. Asia Pacific: Gum Arabic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Asia Pacific: Gum Arabic Market Revenue Share, by Type (2019 and 2027)
Figure 51. Asia Pacific: Gum Arabic Market Revenue Share, by Function (2019 and 2027)
Figure 52. Asia Pacific: Gum Arabic Market Revenue Share, by Application(2019 and 2027)
Figure 53. Asia Pacific: Gum Arabic Market Revenue Share, by Key Country (2019 and 2027)
Figure 54. Australia: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 55. China: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 56. Japan: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 57. India: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 58. South Korea: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 59. Rest of Asia Pacific: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 60. MEA: Gum Arabic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. MEA: Gum Arabic Market Revenue Share, by Type (2019 and 2027)
Figure 62. MEA: Gum Arabic Market Revenue Share, by Function (2019 and 2027)
Figure 63. MEA: Gum Arabic Market Revenue Share, by Application(2019 and 2027)
Figure 64. MEA: Gum Arabic Market Revenue Share, by Key Country (2019 and 2027)
Figure 65. South Africa: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 66. Saudi Arabia: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 67. UAE: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 68. Rest of MEA: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 69. SAM: Gum Arabic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 70. SAM: Gum Arabic Market Revenue Share, by Type (2019 and 2027)
Figure 71. SAM: Gum Arabic Market Revenue Share, by Function (2019 and 2027)
Figure 72. SAM: Gum Arabic Market Revenue Share, by Application(2019 and 2027)
Figure 73. SAM: Gum Arabic Market Revenue Share, by Key Country (2019 and 2027)
Figure 74. Brazil: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 75. Argentina: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 76. Rest of SAM: Gum Arabic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 77. Impact of COVID-19 Pandemic in North American Country Markets
Figure 78. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 79. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 80. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 81. Impact of COVID-19 Pandemic in South America Country Markets
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.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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