Gum Arabic Market Size, Share & Trends Analysis Report By Application (Beverages, Dairy Products, Confectionery, Pharmaceuticals), By Source (Acacia Senegal, Acacia Seyal), By Region, And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global gum arabic market size is expected to reach USD 555.9 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a 5.9% CAGR during the forecast period. Gum arabic, also known as acacia gum, is a natural emulsifier used in various applications such as food and beverage, cosmetics, pharmaceuticals, and paints. It is primarily used as a filling and thickening agent in most confectionery items.

The market is driven by increasing consumer spending on dietary and fiber-rich food products, especially in bakery applications. This can be attributed to growing purchasing power of consumers, along with significant spending in the beverage and confectionery industry in developing countries such as China and India. Rapidly growing bakery industry in several Asian and South American countries and with a rise in sales of natural and functional ingredients used in bakery products are key trends benefiting this market. Moreover, the ability of this ingredient to be instantly soluble in products and help retain flavors, colors, and aromas in various foods and beverages is expected to support product demand.

The ingredient plays a crucial role in dairy products, as an encapsulation medium and stabilizer. Its air-holding ability improves freeze-thaw stability in ice creams, yogurts, and other frozen desserts. Thriving e-commerce channels and increasing number of domestic bakery vendors have been providing players major opportunities for growth.

The market in North America held the dominant share of over 35.0% in 2018 and this can be attributed to a large consumer base, especially for beverages, confectioneries, and pharmaceutical products. Soaring sales of dairy products, particularly in countries like Japan, China, Australia, and India have been driving the Asia Pacific market, enabling it to register the fastest growth over the forecast period.

The market is characterized by several growth initiatives, such as acquisitions, mergers, online sales, and investment in research and development. Key players in the market include Gum Arabic Company; Nexira; Kerry Group; Tic Gums Inc.; Agrigum International Limited; Farbest Brands; Archer Daniels Midland Company; Ashland Inc.; Hawkins Watts; and Prodigy NIG Limited.

Further key findings from the report suggest:

• In terms of revenue, dairy products are expected to emerge as the fastest growing application segment, registering a CAGR of 7.4% over the forecast period. The ingredient serves as an effective encapsulation medium and stabilizer in dairy products

• By source, acacia Senegal dominated the global market with a share of 66.2% in 2018. These trees are known to yield in all seasons, regardless of soil texture and condition

• North America dominated the global market in 2018, accounting for 35.7% of the overall revenue. Growing beverage and dairy industries, driven by rising consumption of ready-to-eat foods, is expected to propel the gum arabic market

• The industry is highly competitive in nature. Key players include Gum Arabic Company; Nexira; Kerry Group; Tic Gums Inc.; Agrigum International Limited; Farbest Brands; and Archer Daniels Midland Company

• Manufacturers are concentrating on new product launches, capacity expansions, and technological innovation to estimate existing and future demand patterns.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights

Chapter 3. Gum Arabic Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Gum Arabic Market
                  3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations

Chapter 5. Gum Arabic Market: Application Estimates & Trend Analysis
                  5.1. Application Movement Analysis & Market Share, 2018 & 2025
                  5.2. Beverages 
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.3. Dairy products 
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.4. Confectionery 
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.5. Pharmaceuticals 
                      5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.6. Others
                      5.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 6. Gum Arabic Market: Source Estimates & Trend Analysis
                  6.1. Source Movement Analysis & Market Share, 2018 & 2025
                  6.2. Acacia Senegal
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.3. Acacia Seyal
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 7. Gum Arabic Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.2.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.2.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.2.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.2.4.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.3.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.3.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.3.4. Germany
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.3.4.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.3.5. France
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.3.5.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.4.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.4.4. China 
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.4.4.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.4.5. India 
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.4.5.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                  7.5. Central & South America
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.5.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.5.4. Brazil 
                          7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.5.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.5.4.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                  7.6. Middle East & Africa (MEA)
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.6.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.6.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)
                      7.6.4. South Africa 
                          7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.6.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.6.4.3. Market estimates and forecast, by source, 2015 - 2025 (USD Million)

Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                  9.1. Gum Arabic Company
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Product Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Archer-Daniels-Midland Company
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Product Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. Nexira
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Product Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. Kerry Group
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Product Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. Tic Gums Inc.
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Product Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. Agrigum International Limited
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Product Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. Farbest Brands
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Product Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. Ashland Inc.
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Product Benchmarking
                      9.8.4. Strategic Initiatives
                  9.9. Hawkins Watts
                      9.9.1. Company Overview
                      9.9.2. Financial Performance
                      9.9.3. Product Benchmarking
                      9.9.4. Strategic Initiatives
                  9.10. Prodigy NIG Limited
                      9.10.1. Company Overview
                      9.10.2. Financial Performance
                      9.10.3. Product Benchmarking
                      9.10.4. Strategic Initiatives

List of Tables

1. Gum Arabic - Key market driver analysis
2. Gum Arabic - Key market restraint analysis
3. Global beverages gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
4. Global dairy products gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
5. Global confectionery gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
6. Global pharmaceuticals gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
7. Global other applications gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
8. Global acacia senegal gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
9. Global acacia seyal gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
10. North America gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
11. North America gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
12. North America gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
13. U.S. gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
14. U.S. gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
15. U.S. gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
16. Europe gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
17. Europe gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
18. Europe gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
19. Germany gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
20. Germany gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
21. Germany gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
22. France gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
23. France gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
24. France gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
25. Asia Pacific gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
26. Asia Pacific gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
27. Asia Pacific gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
28. China gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
29. China gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
30. China gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
31. India gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
32. India gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
33. India gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
34. Central & South America gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
35. Central & South America gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
36. Central & South America gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
37. Brazil gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
38. Brazil gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
39. Brazil gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
40. MEA gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
41. MEA gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
42. MEA gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
43. South Africa gum arabic market estimates and forecast, 2015 - 2025 (USD Million)
44. South Africa gum arabic market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
45. South Africa gum arabic market revenue estimates and forecast by source, 2015 - 2025 (USD Million)
46. Vendor landscape

List of Figures

1. Gum Arabic market snapshot 
2. Gum Arabic market segmentation & scope
3. Gum Arabic market penetration & growth prospect mapping
4. Gum Arabic value chain analysis
5. Gum Arabic market dynamics
6. Gum Arabic market Porter's analysis 
7. Gum Arabic market: Application movement analysis 
8. Gum Arabic market: Source movement analysis 
9. Gum Arabic market: Regional movement analysis