Gum Arabic Market Projected to Garner $ 2 Billion Revenue by 2030, and Rise at a CAGR of 10.00% – [ 90 Pages] Report by MRFR

Gum Arabic Market Insights:

According to MRFR analysis, the global 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).

The global Gum Arabic Market refers to the market for the natural plant-based gum known as gum arabic or acacia gum. Gum arabic is a water-soluble, odorless, tasteless, and colorless substance that is derived from the sap of several species of the acacia tree, mainly the Acacia senegal and Acacia seyal.The global gum arabic market encompasses the production, processing, and distribution of gum arabic products across various regions of the world. The market is influenced by factors such as demand from end-use industries, availability and quality of raw materials, production costs, and regulatory standards.

The COVID-19 pandemic had a mixed impact on the global gum arabic market. The demand for gum arabic in certain end-use industries such as food, beverage, and pharmaceuticals has remained relatively stable, as these products are considered essential and have seen increased demand during the pandemic. On the other hand, the market has faced challenges related to supply chain disruptions, logistics, and production constraints, which have affected the availability and pricing of raw materials, as well as the ability of manufacturers to meet demand.

Grab a Sample Copy of the Report Here: https://www.marketresearchfuture.com/sample_request/2904

Key Players:

Some of the key market players are: Kerry Group plc, The Gums and Colloids Group, Nexira, Archer Daniels Midland Company, Ashland Specialty Chemicals Inc., Agrigum International Limited, Farbest Brands, Alpha Agricultural Processing Co. LTD, SOMAR Corporation, Hawkins Watts Limited, E. Roeper GmbH, Alland & Robert S.A

Market Segmentation:

The gum arabic market has been segmented into type, function and application.

Based on the Type, the market has been segmented into senegalia, senegal, vachellia and seyal.

Based on the Function, the market has been segmented into thickeners, stabilizers and gelling agent.

Based on the Application, the market has been segmented into food and beverages, pharmaceuticals and nutraceuticals and personal care.

Get Full Access of Reports @ https://www.marketresearchfuture.com/reports/gum-arabic-market-2904

Regional Analysis:

The largest region of the global gum arabic market is Africa, specifically the countries in the Sahel region of the continent, including Sudan, Senegal, Chad, and Nigeria. These countries are the major producers of gum arabic, accounting for over 80% of the world’s total production.

Sudan is the largest producer of gum arabic globally, accounting for about 60% of the world’s total production. The gum arabic produced in these countries is primarily exported to various regions of the world, including Europe, Asia, and North America.

Discover More Research Reports on Food, Beverages & Nutrition Industry, by Market Research Future:

Gum Hydrocolloid Market Information: by Type (Xanthan, Guar Gum, Alginate, Gellan Gum, Arabic Gum, Carrageenan and others), by Application (Dairy Products, Personal Care Products, Pharmaceuticals, Bakery, Meat Processing and Confectionary), by Function (Thickening, Gelling, Stabilizing and others) and Region – forecast to 2027

Nicotine Gum Market Research Report Information By Product Type (2mg, 4mg), By Category (Flavored, Plain), By Distribution Channel (Store Based, Non-Stored Based) and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

Related Post
CNC Cutting Machines Market Giants Spending is Going to Boom | Biesse Group, HOMAG Group, Anderson Group, MES Inc., MultiCam Inc
Packaged Food Market Expected to Rise at a CAGR of 4.52% and surpass $4236.5 Billion during the Forecast Period from 2023 to 2032 [90 Pages] | MRFR.
Plant-Based Beverages Market Likely To Enjoy Promising Growth By 2030
Mechanical Keyboard Market Expected to Reach USD 3.63 billion and CAGR 12.7% By 2030 – Report by Market Research Future (MRFR)
Blockchain in Security Market Size to Reach USD 17.5 Billion, With a CAGR of 44.20% CAGR by 2030 – Report by Market Research Future (MRFR)