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Acacia Gum Market Size - By Type (Acacia Senegal, Acacia Seyal) By Organization Size (Small and Medium Scale Organization, Large scale organization) by Function (Thickener, Fat Replacer, Coating Agent, Gelling Agent) & Region – Forecasts By 2022-2030

  • PUBLISHED ON
  • 2024-09-27
  • NO OF PAGES
  • 266
  • CATEGORY
  • Food & Beverages
Acacia Gum Market - Description
Acacia is generally obtained from the sap of the Acacia trees that are found in the belt of arid lands in Africa also including countries, such as Sudan, Nigeria, and Chad. It is also known as Arabic gum.
The Arabic gum is used to perform various functions and also has numerous applications in the food and beverages industry.
It is mainly used as a binding agent in order to bind the food particles together, while retaining their physical properties.
Also, it is used in a variety of food products that includes, gums, pastilles, toffees, and cola-flavoured beverages for stabilization and emulsification.

Acacia Gum Market - Overview
The Acacia Gum market is valued at USD 418.42 billion in 2022 and is projected to reach a value of USD 661.89 billion in 2030 expanding at a CAGR of 5.9% over the forecast period of 2022-2030.
The gum acts as a natural emulsifier which is used in various application and is primarily used as a filling and thickening agent in most confectionery items.

Acacia is a source of dietary fibre that suppresses appetite and helps in preventing over-eating or eating frequently. Thus, it aids in weight loss.
Research has also shown that consuming 30 grams of acacia in powdered form every day can help in reducing weight. It is also known in the prevention of irritable bowel syndrome.

The ingredient has helped in the removal of toxins from the body and at the same time it also acts as a prebiotic, which aids in gut health.
It has also helped to relieve diarrhoea and constipation and in the reduction of inflammation of the gut. it is highly soluble in water and thus, easy to consume.

Acacia Gum Market - Key Trends

• Rising spending on Dietary food is expanding the market

One of the major factor that has fuelled the market growth is the rising spending on the dietary as well as high-fibre food products. This can be seen mainly in the bakery applications. Also, the rise in awareness about health among consumers has also boosted the market growth over the forecast period.

• High manufacturing cost
The major factor that has acted as a restrain to the market growth is the high manufacturing cost of the product. The high price of the product restrains the consumers from buying it, which acts as a hinder to the market growth over the forecast period.

Acacia Gum Market -Segmental Analysis

Based on type
• Acacia Senegal
• Acacia Seyal
The acacia Seyal has dominated the market growth over the forecast period. This is because the tree is mainly found in several parts of Africa and is characteristic of the Nile region. Also, the variant is tolerant to salts, high pH, and periodic flooding having a higher average molecular mass of gum.

Based on Organization Size
• Small and Medium Scale Organization
• Large scale organization
The small and medium scale organisation has dominated the market growth over the forecast period.

Based on Function
• Thickener
• Fat Replacer
• Coating Agent
• Gelling Agent
• Others
The fat replacer has dominated the market growth over the forecast period.

Based on Application
• Food & Beverages (Beverages - Jams & Jellies; Bakery; Confectionary; Dairy Products)
• Pharmaceuticals & Dietary Supplements
• Personal Care & Cosmetics
• Paints & Inks
• Others
The food and beverages segment has dominated the market growth over the forecast period. this is because Gum Arabic has several value-added benefits over gelatin, starch, and other additives that are used in drinks as it has proven to be a better stabilizing and emulsifying agent.

Acacia Gum Market - Geographical analysis
The Acacia Gum Market is segmented into five main regions namely, North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America has dominated the market growth over the forecast period. This is because of a large consumer base, especially for beverages, confectioneries, and pharmaceutical products. Also, Gum Arabic is one of the most important emulsifiers that is used in the manufacturing of syrups for soft drinks.

Acacia Gum Market -Competitive Landscape
Some of the prominent companies of the market are 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.; Agrigum International Limited; Farbest Brands; Archer Daniels Midland Company; Ashland Global Speciality Chemicals Inc.; Alpha Agricultural Processing Co. Ltd.; SOMAR Corporation; Dar Savanna Ltd; Harvest Gum Ltd; Hawkins Watts; Prodigy NIG Limited, and Others.

Report scope
Global Acacia Gum Market: Historical Years- 2018-2021
Global Acacia Gum Market: Forecast Years- 2022-2030
Global Acacia Gum Market 2022- USD 418.42 billion
Global Acacia Gum Market CAGR- 5.9%
Global Acacia Gum Market 2030- USD 661.89 billion

Segments covered- type, organization size, functions, application, region

Regions and countries reported
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)

Top players profiled- 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.; Agrigum International Limited; Farbest Brands; Archer Daniels Midland Company; Ashland Global Speciality Chemicals Inc.; Alpha Agricultural Processing Co. Ltd.; SOMAR Corporation; Dar Savanna Ltd; Harvest Gum Ltd; Hawkins Watts; Prodigy NIG Limited, and Others.

1.     Global Acacia Gum Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  Acacia Gum Market Definition & Description

1.3.  Global Acacia Gum Market Scope and Market Estimation

1.3.1.     Global Acacia Gum Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global Acacia Gum Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Type of Global Acacia Gum Market

1.4.2.     Organization Size of Global Acacia Gum Market

1.4.3.     Function of Global Acacia Gum Market

1.4.4.     Application of Global Acacia Gum Market

1.4.5.     Region of Global Acacia Gum Market

 

2.     Executive Summary

2.1.  Global Acacia Gum Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global Acacia Gum Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

 

3.     Global Acacia Gum Market Estimates & Historical Trend Analysis (2020 - 2022)

 

4.     Global Acacia Gum Market Estimates & Forecast Trend Analysis, by Type

4.1.  Global Acacia Gum Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

4.1.1.     Acacia Senegal

4.1.2.     Acacia Seyal

 

5.     Global Acacia Gum Market Estimates & Forecast Trend Analysis, by Organization Size

5.1.  Global Acacia Gum Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.     Small and Medium Scale Organization

5.1.2.     Large scale organization

 

6.     Global Acacia Gum Market Estimates & Forecast Trend Analysis, by Function

6.1.  Global Acacia Gum Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

6.1.1.     Thickener

6.1.2.     Fat Replacer

6.1.3.     Coating Agent

6.1.4.     Gelling Agent

 

7.     Global Acacia Gum Market Estimates & Forecast Trend Analysis, by Application

7.1.  Global Acacia Gum Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

7.1.1.     Food & Beverages (Beverages - Jams & Jellies; Bakery; Confectionary; Dairy Products)

7.1.2.     Pharmaceuticals & Dietary Supplements

7.1.3.     Personal Care & Cosmetics

7.1.4.     Paints & Inks

            

8.     Global Acacia Gum Market Estimates & Forecast Trend Analysis, by Region

8.1.  Global Acacia Gum Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

8.1.1.     North America

8.1.2.     Europe

8.1.3.     Asia Pacific

8.1.4.     Middle East & Africa

8.1.5.     South America

 

9.     North America Acacia Gum Market: Estimates & Forecast Trend Analysis

9.1.  North America Acacia Gum Market Assessments & Key Findings

9.1.1.     North America Acacia Gum Market Introduction

9.1.2.     North America Acacia Gum Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.  By Type

9.1.2.2.  By Organization Size

9.1.2.3.  By Function

9.1.2.4.  By Application

9.1.2.5.  By Country

9.1.2.5.1.   The U.S.

9.1.2.5.2.   Canada

9.1.2.5.3.   Mexico

 

10.  Europe Acacia Gum Market: Estimates & Forecast Trend Analysis

10.1. Europe Acacia Gum Market Assessments & Key Findings

10.1.1.  Europe Acacia Gum Market Introduction

10.1.2.  Europe Acacia Gum Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.   By Type

10.1.2.2.   By Organization Size

10.1.2.3.   By Function

10.1.2.4.   By Application

10.1.2.5.   By Country

10.1.2.5.1.            Germany

10.1.2.5.2.            U.K.

10.1.2.5.3.            France

10.1.2.5.4.            Italy

10.1.2.5.5.            Spain

10.1.2.5.6.            Russia

10.1.2.5.7.            Rest of Europe

 

11.  Asia Pacific Acacia Gum Market: Estimates & Forecast Trend Analysis

11.1. Asia Pacific Market Assessments & Key Findings

11.1.1.  Asia Pacific Acacia Gum Market Introduction

11.1.2.  Asia Pacific Acacia Gum Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Type

11.1.2.2.   By Organization Size

11.1.2.3.   By Function

11.1.2.4.   By Application

11.1.2.5.   By Country

11.1.2.5.1.            China

11.1.2.5.2.            Japan

11.1.2.5.3.            India

11.1.2.5.4.            Australia

11.1.2.5.5.            South Korea

11.1.2.5.6.            ASEAN

11.1.2.5.7.            Rest of Asia Pacific

 

12.  Middle East & Africa Acacia Gum Market: Estimates & Forecast Trend Analysis

12.1. Middle East & Africa Market Assessments & Key Findings

12.1.1.  Middle East & Africa Acacia Gum Market Introduction

12.1.2.  Middle East & Africa Acacia Gum Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

12.1.2.1.   By Type

12.1.2.2.   By Organization Size

12.1.2.3.   By Function

12.1.2.4.   By Application

12.1.2.5.   By Country

12.1.2.5.1.              U.A.E.

12.1.2.5.2.              Saudi Arabia

12.1.2.5.3.              Egypt

12.1.2.5.4.              South Africa

12.1.2.5.5.              Rest of Middle East & Africa

 

13.  South America Acacia Gum Market: Estimates & Forecast Trend Analysis

13.1. South America Market Assessments & Key Findings

13.1.1.  South America Acacia Gum Market Introduction

13.1.2.  South America Acacia Gum Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

13.1.2.1.   By Type

13.1.2.2.   By Organization Size

13.1.2.3.   By Function

13.1.2.4.   By Application

13.1.2.5.   By Country

13.1.2.5.1.            Brazil

13.1.2.5.2.            Argentina

13.1.2.5.3.            Colombia

13.1.2.5.4.            Rest of South America

 

14.  Competition Landscape

14.1. Global Acacia Gum Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

14.2. Global Acacia Gum Market Concentration & Company Market Shares (%) Analysis, 2022

 

15.  Company Profiles

15.1.    Nexira International

15.1.1.     Company Overview & Key Stats

15.1.2.     Financial Performance & KPIs

15.1.3.     Product Portfolio

15.1.4.     Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

15.2.    AEP Colloids Inc

15.3.    KERRY GROUP PUBLIC LIMITED COMPANY

15.4.    Tic Gums Inc

15.5.    POLYGAL AG; ALLAND ET ROBERT S.A.

15.6.    CARAGUM INTERNATIONAL S.A

15.7.    IMPORTERS SERVICE CORP

15.8.    C.E. Roeper GmbH 

15.9.    Mountain Rose Herbs, Inc.

15.10.  Agrigum International Limited

15.11.  Farbest Brands

15.12.  Archer Daniels Midland Company

15.13.  SOMAR Corporation

15.14.  Hawkins Watts

15.15.  Others**

 

16.  Research Methodology

16.1. External Transportations / Databases

16.2. Internal Proprietary Database

16.3. Primary Research

16.4. Secondary Research

16.5. Assumptions

16.6. Limitations

16.7. Report FAQs

 

17.  Research Findings & Conclusion

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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