Gum Arabic Market Size, Share, Growth, Trends, Applications and Industry Strategies to 2029
Gum Arabic Market Overview:
The market has grown as a result of increased use of gum arabic across a variety of end-use industries, particularly in the food and beverage industry. It functions as a natural emulsifier in a variety of products, including paints, cosmetics, food and drink, and pharmaceuticals. To meet the expanding demand of the Indian and Asia-Pacific Markets, Sayaji and Alland & Robert began working together in October 2018 to manufacture and supply dried gum arabic. The overall growth of the gum arabic market is anticipated to be driven by an increase in the demand for nutrient-dense foods and an increase in income levels.
Gum arabic is being used more frequently in the pharmaceutical sector, which is also boosting market expansion. Due to its capacity to regulate a number of underlying health conditions, including type 2 diabetes-related blood sugar levels, additional research indicates that it is also used to treat mouth plaque by chewing it for seven days, as well as Irritable Bowel System (IBS), a chronic disorder of the large intestine. Even though there isn't any conclusive scientific evidence to support gum arabic's effects on other bodily issues.
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Gum Arabic Market Segmentation:
The Acacia Seyal and Acacia Senegal types are divided into separate segments in the global gum Arabic market. which the Senegalese acacia segment has dominated the market in recent years because of its expanding use in the pharmaceutical and skincare sectors. Making essential oils and soil enhancers are two important uses of this tree. Despite the lack of evidence supporting the claims, it aids in regulating blood sugar, cholesterol levels, and skin hydration. Studies have also revealed that gum Arabic aids in maintaining the flow of water in the scalp, which is why this market is expected to expand over the forecast period.
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Gum Arabic Market Key players:
- Kerry Group
- Tic Gums Inc
- Agrigum International Limited
- Farbest Brands
- Archer Daniels Midland Company
- Ashland Inc.
- Hawkins Watts
- Prodigy NIG Limited.
- AEP Colloids
- Archer Daniels Midland
- Ashland
- CARAGUM International
- Farbest Brands
- Hawkins Watts
The results are then verified through interviews with prominent local businessmen. Due to the SWOT analysis of each player, PESTLE analysis, and Porter's analysis benchmarking of significant players on several metrics, this report is distinct and a guide for investors. The supply and consumption information for each participant is gathered from reputable third-party databases, official government databases, and yearly reports in the case of publicly traded enterprises. If a company's annual reports are not publicly available, you might ask the local government's tax division for them.
Gum Arabic Market Regional Insights:
The Gum Arabic market is divided into 5 main regions, and they are North America, Europe, Asia Pacific, South America, and MEA.
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