Gum Arabic Market Growing Trade Among Emerging Economies Opening New Opportunities To 2029
Gum arabic, also known as acacia gum, meska, and chaar gund/goond, is a natural emulsifier derived from the hardened sap of two acacia tree species (Senegalia senegal (Acacia) and Vachellia (Acacia) seyal). Acacia trees can be found on the African west coast and the Indian subcontinent.
According to a new report published by Data Bridge Market Research, titled, “Gum Arabic Market,” The Gum Arabic market size was valued at $802.3 Million in 2021, and is estimated to reach $1262.43 Billion by 2029, growing at a CAGR of 5.83% from 2022 to 2029.
MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Scope and Market Size
Chapter Three: Analysis and Insights
Chapter Four: Country Level Analysis
Chapter Five: Share Analysis
Chapter Six: Key player
Get TOC Details:
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Some of the key questions answered in this report:
How has the GUM ARABIC performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the GUM ARABIC?
- What are the key regional markets?
- What are the key driving factors and challenges in the industry?
- What is the structure of the GUM ARABIC and who are the key players?
GUM ARABIC Scope and Market Size
Type
- Senegalia Senegal
- Vachellia Seyal
Function
- Thickener
- Fat Replacer
- Stabilizer
- Gelling Agent
- Coating Agent
- Texturing
- Others
Application
- Confectionary
- Beverage Products
- Bakery Products
- Dairy Products
- Sauces & Dressings
- Others
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Market Analysis and Insights: GUM ARABIC
- Data Bridge Market Research analyses that the gum arabic market was valued at USD 802.3 million in 2021 and is expected to reach the value of USD 1262.43 billion by 2029, at a CAGR of 5.83% during the forecast period of 2022 to 2029
GUM ARABIC – Regional Level Analysis
- The countries covered in the gum arabic market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
GUM ARABIC – Share Analysis:
- The gum arabic market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to gum arabic market.
Key player – GUM ARABIC
Some of the major players operating in the gum arabic market are:
- Kerry Group plc (Ireland)
- Bettera Brands LLC (US)
- The Clorox Company (US)
- Softigel (US)
- Nature’s Way Products, LLC (US)
- Zanonvitamec (US)
- OLLY Public Benefit Corporation (US)
- Herbaland Naturals Inc. (Canada)
- Hero Nutritionals (US)
- SmartyPants Inc. (US)
- The Nature’s Bounty Co. (US)
- IM Healthcare (India)
- Nutra Solutions (US)
- Makers Nutrition, LLC (US)
- Vitakem Nutraceutical Inc. (US)
- Bayer AG (Germany)
- Ernest Jackson (UK)
- Boscogen, Inc (US)
- Santa Cruz Nutritionals Inc. (US)
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