The food and beverage application segment is anticipated to have a value of slightly more than US$ 180 Mn in 2017 and to grow at a CAGR of 5.7% through the end of 2025 to reach a value of slightly more than US$ 280 Mn. According to estimates, the segment would generate incremental revenue opportunities of just over US$ 100 million between 2017 and 2025, as well as absolute revenue opportunities of more than US$ 8 million in 2017 over 2016.
The gum arabic market is witnessing steady growth as industries recognize the versatility and natural properties of this unique ingredient. Also known as acacia gum, gum arabic is a natural gum sourced from the Acacia senegal and Acacia seyal trees. With its wide range of applications in various industries, gum arabic is gaining popularity as a valuable and sustainable ingredient.
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One of the key drivers behind the increasing demand for gum arabic is its versatile nature. Gum arabic finds applications in the food and beverage industry as a stabilizer, thickener, and emulsifier, enhancing the texture and shelf life of products. It is widely used in the confectionery industry for its ability to create smooth and glossy coatings on candies and chewing gum. Additionally, gum arabic is utilized in the pharmaceutical and cosmetics industries for its binding and film-forming properties.
The natural and sustainable characteristics of gum arabic are also contributing to its growing market presence. As consumers increasingly prioritize natural and clean-label products, the demand for ingredients sourced from renewable and eco-friendly sources is on the rise. Gum arabic fits this requirement perfectly, as it is a naturally occurring gum that is harvested from trees without causing harm to the environment. This aligns with the sustainability goals of many industries, leading to a greater adoption of gum arabic in various applications.
Moreover, the health benefits associated with gum arabic are driving its use in the nutraceutical and dietary supplement industry. Gum arabic is a prebiotic fiber that supports gut health and promotes beneficial gut bacteria. It also aids in controlling blood sugar levels and reducing cholesterol, making it an attractive ingredient for functional foods and supplements targeting specific health concerns.
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The gum arabic market is poised for further growth as industries recognize its valuable properties and consumers seek natural and functional ingredients in their products. Suppliers and manufacturers are investing in research and development to explore new applications and develop innovative gum arabic-based formulations. With its versatility, sustainability, and health benefits, gum arabic is set to play a significant role in various industries as they strive to meet the evolving needs and preferences of consumers.
Companies Covered in This Report –
- Nexira International
- AEP Colloids Inc.
- KERRY GROUP PUBLIC LIMITED COMPANY
- Tic Gums Inc.
- POLYGAL AG
- ALLAND ET ROBERT S.A
- CARAGUM International S.A
- IMPORTERS SERVICE CORP
- C.E. Roeper GmbH
- Mountain Rose Herbs, Inc.
- Others
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Market Segmentation
| By Gum Type |
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| By Application |
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| By Region |
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