Gum Arabic Market Projected to Exhibit a Strong CAGR of 7.2% by 2032: Industry Analysis, Trends, and Growth Potential

The demand for goods and services in the gum arabic market is projected to be worth US$ 897.3 million in 2022 and US$ 1,796.7 million from 2022 to 2032, growing at a CAGR of 7.2%. A CAGR of 5.9% was recorded for the market between 2016 and 2021.

Gum arabic market records a consistent increase in demand globally owing to its vast industrial uses from the food and beverage industry to the painting industry.

Gum Arabic Market Growth Driver

An important driver of the market’s expansion is the wide range of uses for gum arabic. Pharmaceuticals, food and beverage, and personal care products all contain gum arabic. Additionally, gum arabic is used as a thickener in chewing gum manufacture, a binder in watercolour paints, an ingredient in ceramic glazes, and a component of cigarette rolling sheets. Due to its many uses, gum arabic is the most well-known natural emulsifier in the world. The industry’s expansion is being fueled by the wide range of applications for gum arabic.

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Gum arabic will register a tremendous growth over the forecast period due to the global demand for natural products in the food and beverage industry. Consumers have made a switch toward the consumption of natural food items because of the health benefits associated with natural foods.

Furthermore, gum arabic is used in traditional lithography and printing. It is usually used for the printing seen on newspapers. Gum arabic provides the ink with excellent adhesion power that aids

the permanence of the print. Therefore, the diversity in application of gum arabic is a strong force fueling the growth of the market globally.

Gum Arabic Market Restraint

The global gum arabic market is projected to decline in growth globally owing to abiotic factors such as a climatic change in nations where gum arabic is produced. Also, political instability is a significant force fostering the retardation of the market. Countries that are producing gum arabic, especially Sudan, and Somalia, are faced with many challenges. These challenges will hurt the market in the future since production will be limited.

Also, chemical manufacturers have produced a variety of synthetic substitute which can be used in place of gum arabic for emulsification. Although these substitutes can’t match gum arabic, they are a threat to the gum arabic industry owing to the low price. Consumers might favor opportunity cost ahead of quality.

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Gum Arabic Market: Region-wise Analysis

In 2018, the gum arabic market was dominated by the North America region, whose share of the market was 35.0% of the total revenue gathered throughout the year. The region is projected to remain in the dominance of the global gum arabic market since it is the area with the most extensive consumer base for food and beverage products.

The Asia Pacific is the fastest-growing region for the gum arabic market. It is expected to record a double-digit CAGR over the foreseeable period with Japan, India, China, and Australia acting as drivers due to the soaring sales of dairy products. Also, the increase in demand for confectionery items within the region has a positive impact on the growth of the gum arabic market. Europe, Africa and Latin America are small regions in the market projected to register a moderate growth over the forecast period.

Gum Arabic Market: Competitive Landscape

  • Gum Arabic Company
  • Nexira
  • Kerry Group
  • Tic Gums Inc.
  • Agrigum International Limited
  • Farbest Brands
  • Archer Daniels Midland Company
  • Ashland Inc
  • Hawkins Watts
  • Prodigy NIG Limited.

Region-wise Analysis

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographie

Global Gum Arabic Market Segment Analysis

The global gum arabic market can be segmented on the following basis:

By Function

  • Thickener
  • Gelling Agent
  • Fat replacer
  • Stabilizer

By Application

  • Pharmaceutical Industry
  • Food and Beverages Industry
  • Printing & Painting
  • Others

By Functionality

  • Viscosity
  • Solubility
  • Emulsifier
  • Film forming
  • Fat substitute
  • Fiber
  • Stabilizer

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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