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 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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