Gum Arabic Market Overview:
Acacia gum, also known as Gum Arabic, Senegal Gum, or Indian Gum, is widely used in the food and pharmaceutical sectors as a safe thickener, natural emulsifier, and stabilizer. It has curative qualities that aid in removing toxins from the body and treating bacterial and fungal infections, skin irritation, and infections by application. It is taken from the Acacia tree, often found in North-East Africa, and it reduces appetite and cravings, which aids in weight loss. This fibre is very simple to eat and digest since it is highly soluble in water. The global market is being pushed by rising consumer expenditure on dietary and food items high in fiber. The acacia gum market is expanding significantly as people become more aware of the multi-functionality of acacia gum.
Due to its high dietary fiber content, acacia gum promotes a healthy digestive system and bowel movement. Patients with constipation and erratic bowel motions benefit from acacia gum. Due to the closure of gyms and fitness centers during the coronavirus epidemic, improving diet is an alternative to exercise. Many Acacia Gum producers are concentrating on obtaining regulatory approval to use this emulsifier in food items. One of the most important manufacturing techniques in the pharmaceutical sector is still powder encapsulation.
Gum Arabic Market Size was valued at USD 0.80 Billion in 2021. The Gum Arabic market industry is projected to grow from USD 0.93 Billion in 2022 to USD 2 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.00% during the forecast period (2022-2030).
Various diseases are treated with gum in Arabic. It promotes appetite and helps patients' digestive systems. Gum Arabic is classified as a dietary fibre that cannot be digested. Additionally, gum Arabic has a few medical advantages, including slowing down the growth of dental plaque and promoting wound healing, which promotes its use in the pharmaceutical industry. Gum Arabic is a complex polymer that neither humans nor animals can digest. Gum Arabic is one of the most often used emulsifiers, drying agents, stabilizers, and foaming agents in various goods. It is a polysaccharide and arabinogalactan protein-based natural hydrocolloid derived from plants or tree exudates.
Market Segmentation:
The Arabic gum market has been divided into two groups based on type segmentation: Senegalia Senegal and Vachellia Seyal. Based on the function sector, the worldwide gum Arabic market is divided into gelling agents, thickeners, stabilizers, and others. The Gum Arabic market has been divided into personal care, pharmaceuticals & nutraceuticals, food & beverages, and others based on the application segment. North America, Asia-Pacific, Europe, the Middle East, Africa, and South America are further divided into regional sectors.
Regional Analysis:
The major portion of the worldwide market for gum Arabic came from Europe. The changing lifestyle patterns in the food and beverage sector, which have had a significant impact on the Arabic gum market in Europe, are largely responsible for the market expansion in this area. The need for natural thickeners to create clean labeling is expanding across the European market, fuelling the Arabic gum market expansion there.
Competitive Analysis:
The Global Gum Arabic Market is growing its gum arabic products demand across different geographical locations with the help of major key players of the global market. These important key players are:
· Kerry Group plc (Ireland)
· Tic Gums Inc (US)
· The Gums and Colloids Group (India)
· Nexira (France)
· Archer Daniels Midland Company (US)
· Ashland Global Specialty Chemicals Inc. (US)
· Agrigum International Limited (UK)
· Farbest Brands (US)
· Alpha Agricultural Processing Co. LTD (Sudan)
· SOMAR Corporation (Japan)
· Hawkins Watts Limited (Australia)
· E. Roeper GmbH (Germany)
· Alland & Robert S.A (France)
· Dar Savanna Ltd (Sudan)
· Harvest Gum Ltd (UK)
These top-level key players are giving focus on the gum arabic benefits. So, the key players can provide better outcomes to their consumers. Along with that, their good ideas and tactics are propelling the growth of the global Key Gum Arabic Market Players.
Industrial News:
As an alternative, the gum Arabic is frequently employed as a thickening ingredient in the manufacture of chewing gums. Gum Arabic powder is also used as an ingredient in ceramic glazes, as an adhesive in rolling papers, and as a binder in the production of watercolor paints.
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