Gum Arabic Market Growth Trends: Size, Share, and Forecast 2030
Gum arabic, also known as acacia gum, is emerging as a versatile natural ingredient with remarkable emulsifying properties, making it an ideal choice for a wide range of applications in the food and pharmaceutical industries. Extracted from acacia senegal and acacia seyal trees, primarily found in the African region of the Sahel in Sudan, gum arabic is celebrated for its non-toxic, water-soluble, colorless, odorless, and tasteless characteristics. It is plant-derived and serves as a natural stabilizer and thickener, making it a valuable ingredient in various products, including frozen goods, soft drinks, and beer.
Health-Conscious Consumers Drive Global Demand
As the number of health-conscious consumers seeking plant-derived natural ingredients continues to grow, the global gum arabic market is experiencing significant expansion. The increased awareness of clean labels is expected to further boost gum arabic demand in the food industry between 2021 and 2025.
A Multifaceted Ingredient
In the pharmaceutical industry, gum arabic finds use as an emulsifying and stabilizing agent in the formulation of pills and tablets. Its safety and effectiveness have also made it a popular choice in dermatological products such as lotions and creams, where it acts as a natural emulsifier with no side effects. This natural ingredient’s versatility and wide-ranging applications in both the food and non-food industries are poised to drive the gum arabic market in the near future.
Government Backing and Market Expansion
Government support is propelling the gum arabic market to new heights. Initiatives like the collaboration between the United Nations Conference on Trade and Development (UNCTAD) and African countries to promote gum arabic are paving the way for increased global recognition. In addition, gum arabic manufacturers are investing in clinical trials to gain approval from the U.S. Food and Drug Administration (FDA) for its use as a natural dietary fiber.
Recent developments include a patent filed in December 2020 by Nexira, Alland & Robert, and Importers Service Corporation, pending study with the US FDA, demonstrating that gum arabic can reduce postprandial insulin and glucose levels. Such government initiatives and expanding applications in various product categories are expected to drive market demand in the foreseeable future.
Functional Properties Fuel Growth in Food and Beverages
The global gum arabic market is segmented by type (acacia senegal and acacia seyal) and application (food and beverages, pharmaceutical and dietary supplements, cosmetics, paints, and textiles). The food and beverages segment is predicted to exhibit substantial growth in the coming years, fueled by new patents, ongoing research, and innovative product formulations utilizing gum arabic.
Europe and Asia Pacific on the Rise
With Sudan, Chad, and Nigeria being the key producers and exporters of crude gum arabic, accounting for approximately 80% of global exports, re-exporting countries like France, the U.K., and Germany play a crucial role in the global supply chain. The European region leads in volume consumption, driven by the “natural” trend and increasing demand for ethical products. Meanwhile, Asia Pacific is poised for favorable growth as consumers in the region seek functional and natural food and beverage products.
Key Players in the Gum Arabic Market
Prominent players in the global gum arabic market include Nexira International, KERRY Group Public Ltd, AEP Colloids Inc., TIC Gums, Alland ET Robert S.A, Norevo GmbH, POLYGAL AG, ISC Europe Ltd., CARAGUM International S.A, and Kapadia Gum Industries Pvt. Ltd.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 – By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/gum-arabic-market
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This press release first seen on Brilad