NEW YORK, April 19, 2023 /PRNewswire/ -- The gum arabic market size is set to grow by USD 435.13 million between 2022 and 2027 and register a CAGR of 8.34%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. The report estimates the market size of the Gum Arabic market in the key markets of North America, Europe, APAC, the Middle East and Africa, and South America. Read a Sample Report

The increasing demand for natural and clean-label ingredients in food and beverages, the growing use of gum arabic in pharmaceutical and cosmetics industries, and sustainable harvesting practices and ethical sourcing initiatives will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Gum Arabic Market 2023-2027: Segmentation

• Application 
• Confectionery
• Beverages
• Bakery
• Pharmaceuticals
• Others
• Source 
• Acacia Senegal
• Acacia Seyal
• Geography 
• North America
• Europe
• APAC
• Middle East and Africa
• South America

The market growth in the confectionery segment will be significant over the forecast period. Gum arabic is widely used as a binder, emulsifier, and stabilizer in confectionery products. It also is used to improve the texture and flavor of confectioneries. Also, gum arabic is now extensively used as a replacement for synthetic additives, as consumers have increased their preference for natural and healthier confectionery products. These factors are driving the growth of the segment.

North America will account for 37% of the market growth during the forecast period. Governments and industrial players in the region are increasing their focus on adopting sustainable practices. Government initiatives such as the FDA designation of gum arabic as Generally Recognized As Safe (GRAS) have increased its use in the food and beverage industry. In addition, market players in North America are investing in R&D projects to improve gum arabic functionality and create new applications in various industries. All these factors are driving the growth of the gum arabic market in North America.

The report comprises of various segments as well as analysis of the trends and factors
that are playing a substantial role in the market, Download a sample report

Gum Arabic Market 2023-2027: Vendor Analysis and Scope

The global gum arabic market is highly fragmented due to the presence of many global and regional vendors. Established players have a vast geographical presence, with production facilities located across the world. There is a sizeable number of small regional vendors in the market as well. With the increased competition, consolidation in the market has been taking place, with major vendors buying out or merging with smaller players. In addition, the number of private-label brands in the market is growing. Such strategies adopted by vendors will increase the competition in the market during the forecast period. Some of the key vendors covered in the report include:

• 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.
• Kerry Group Plc
• NEXIRA
• RR Srl
• Alpha Agriculture Processing Co. Ltd.
• Jumbo Trading Co. Ltd.

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The report also covers the following areas:

• Gum Arabic Market Size
• Gum Arabic Market Trends
• Gum Arabic Market Analysis

Gum Arabic Market 2023-2027: Market Dynamics

• Driver – The market is driven by the increasing demand for natural and clean-label ingredients in food and beverages. Growing consumer awareness regarding the ill effects of synthetic ingredients on health and the environment has increased the demand for natural alternatives. Hence, food and beverage manufacturers are increasing the use of a variety of natural ingredients, including gum arabic, which is a natural ingredient made from the sap of acacia trees. It offers several useful qualities, including emulsification, stabilization, and viscosity, which is increasing its application in the food and beverage industry. Thus, the increased consumer demand for natural and clean-label ingredients is expected to drive the demand for gum arabic during the forecast period.
• Trend – The increasing use of gum arabic in producing plant-based meat alternatives is identified as the key trend in the market. Gum arabic is becoming extensively popular in the food and beverage industry, with the commercialization of plant-based meat products. Gum arabic stabilizes and emulsifies ingredients to provide the desired texture and structure to plant-based meat substitutes. It increases the water-binding capacity of ingredients to retain moisture and juiciness in the finished food product. With the increasing demand for plant-based meat alternatives, market growth will expand during the forecast period.
• Challenge – Fluctuations in the availability of gum arabic will challenge the growth of the market. Acacia trees are the main source of gum arabic. These trees thrive in Africa's arid and semi-arid regions, particularly Sudan and Chad. The growth and yield of these trees are affected by drought risk in these areas. The availability of gum arabic will be hampered by changes in climate and environmental variables, including deforestation and desertification. This will have a direct impact on the prices and the supply chain. All these factors will challenge the growth of the segment.

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Gum Arabic Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist gum arabic market growth during the next five years
• Estimation of the gum arabic market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the gum gum arabic
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of gum arabic market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Source
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global gum Arabic market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global gum Arabic market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Source Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Source Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Confectionery - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Confectionery - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Confectionery - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Confectionery - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Confectionery - Year-over-year growth 2022-2027 (%)

• 6.4 Beverages - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Beverages - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Beverages - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Beverages - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Beverages - Year-over-year growth 2022-2027 (%)

• 6.5 Bakery - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Bakery - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Bakery - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Bakery - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Bakery - Year-over-year growth 2022-2027 (%)

• 6.6 Pharmaceuticals - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Pharmaceuticals - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Pharmaceuticals - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Pharmaceuticals - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)
• Exhibit 55: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Source

• 7.1 Market segments
• Exhibit 56: Chart on Source - Market share 2022-2027 (%)
• Exhibit 57: Data Table on Source - Market share 2022-2027 (%)

• 7.2 Comparison by Source
• Exhibit 58: Chart on Comparison by Source
• Exhibit 59: Data Table on Comparison by Source

• 7.3 Acacia senegal - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Acacia senegal - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Acacia senegal - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Acacia senegal - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Acacia senegal - Year-over-year growth 2022-2027 (%)

• 7.4 Acacia seyal - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Acacia seyal - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Acacia seyal - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Acacia seyal - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Acacia seyal - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Source 
• Exhibit 68: Market opportunity by Source ($ million)
• Exhibit 69: Data Table on Market opportunity by Source ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 France - Market size and forecast 2022-2027 
• Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 China - Market size and forecast 2022-2027 
• Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027 
• Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Agrigum International Ltd. 
• Exhibit 123: Agrigum International Ltd. - Overview
• Exhibit 124: Agrigum International Ltd. - Product / Service
• Exhibit 125: Agrigum International Ltd. - Key offerings

• 12.4 Alpha Agriculture Processing Co. Ltd. 
• Exhibit 126: Alpha Agriculture Processing Co. Ltd. - Overview
• Exhibit 127: Alpha Agriculture Processing Co. Ltd. - Product / Service
• Exhibit 128: Alpha Agriculture Processing Co. Ltd. - Key offerings

• 12.5 Archer Daniels Midland Co. 
• Exhibit 129: Archer Daniels Midland Co. - Overview
• Exhibit 130: Archer Daniels Midland Co. - Business segments
• Exhibit 131: Archer Daniels Midland Co. - Key offerings
• Exhibit 132: Archer Daniels Midland Co. - Segment focus

• 12.6 Ashland Inc.
• Exhibit 133: Ashland Inc. - Overview
• Exhibit 134: Ashland Inc. - Business segments
• Exhibit 135: Ashland Inc. - Key news
• Exhibit 136: Ashland Inc. - Key offerings
• Exhibit 137: Ashland Inc. - Segment focus

• 12.7 ASIYLA GUM Co. SARL
• Exhibit 138: ASIYLA GUM Co. SARL - Overview
• Exhibit 139: ASIYLA GUM Co. SARL - Product / Service
• Exhibit 140: ASIYLA GUM Co. SARL - Key offerings

• 12.8 Farbest Brands
• Exhibit 141: Farbest Brands - Overview
• Exhibit 142: Farbest Brands - Product / Service
• Exhibit 143: Farbest Brands - Key offerings

• 12.9 Foodchem International Corp. 
• Exhibit 144: Foodchem International Corp. - Overview
• Exhibit 145: Foodchem International Corp. - Product / Service
• Exhibit 146: Foodchem International Corp. - Key offerings

• 12.10 Gum Arabic Co Nigeria Ltd. 
• Exhibit 147: Gum Arabic Co Nigeria Ltd. - Overview
• Exhibit 148: Gum Arabic Co Nigeria Ltd. - Product / Service
• Exhibit 149: Gum Arabic Co Nigeria Ltd. - Key offerings

• 12.11 Hawkins Watts Ltd.
• Exhibit 150: Hawkins Watts Ltd. - Overview
• Exhibit 151: Hawkins Watts Ltd. - Product / Service
• Exhibit 152: Hawkins Watts Ltd. - Key offerings

• 12.12 Ingredion Inc.
• Exhibit 153: Ingredion Inc. - Overview
• Exhibit 154: Ingredion Inc. - Business segments
• Exhibit 155: Ingredion Inc. - Key news
• Exhibit 156: Ingredion Inc. - Key offerings
• Exhibit 157: Ingredion Inc. - Segment focus

• 12.13 Jumbo Trading Co. Ltd. 
• Exhibit 158: Jumbo Trading Co. Ltd. - Overview
• Exhibit 159: Jumbo Trading Co. Ltd. - Product / Service
• Exhibit 160: Jumbo Trading Co. Ltd. - Key offerings

• 12.14 Kerry Group Plc
• Exhibit 161: Kerry Group Plc - Overview
• Exhibit 162: Kerry Group Plc - Business segments
• Exhibit 163: Kerry Group Plc - Key offerings
• Exhibit 164: Kerry Group Plc - Segment focus

• 12.15 Morouj Commodities UK Ltd. 
• Exhibit 165: Morouj Commodities UK Ltd. - Overview
• Exhibit 166: Morouj Commodities UK Ltd. - Product / Service
• Exhibit 167: Morouj Commodities UK Ltd. - Key offerings

• 12.16 NEXIRA
• Exhibit 168: NEXIRA - Overview
• Exhibit 169: NEXIRA - Product / Service
• Exhibit 170: NEXIRA - Key offerings

• 12.17 RR Srl
• Exhibit 171: RR Srl - Overview
• Exhibit 172: RR Srl - Product / Service
• Exhibit 173: RR Srl - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 174: Inclusions checklist
• Exhibit 175: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 176: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 177: Research methodology
• Exhibit 178: Validation techniques employed for market sizing
• Exhibit 179: Information sources

• 13.5 List of abbreviations 
• Exhibit 180: List of abbreviations

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