Gum Arabic Market, By Gum Type(Acacia Senegal, Acacia Seyal), By Application(Food and Beverages (Beverages, Jams and Jellies, Bakery, Confectionery, Dairy Products), Pharmaceuticals & Dietary Supplements, Personal Care & Cosmetics, Paints & Inks, Others(Meat Processing, etc)), and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa)

Published In : Jul 2023

Code : CMI4103

Pages :120

Formats :

Excel and PDF

Industry : Food and Beverages

Market Challenges And Opportunities

Market Restraints

Uncertain climatic changes

Uncertain climatic changes are expected to hamper the supply of the gum Arabic. Moreover, the fluctuating price of gum Arabic is another major factor projected to hinder the market growth over the forecast period.

Political instability in Somalia and Sudan regions

Political instability in Somalia and Sudan regions is projected to restrict the sale of the gum Arabic. This is expected to restrict the market growth of gum Arabic over the forecast timeframe.

Market Opportunities

Growing demand for gum Arabic products

Growing demand for gum Arabic products with clean labelling due to rising preferences for natural ingredients is projected to serve major growth opportunities. Due to rising demand for natural ingredients, various manufacturers are focusing on procuring food ingredients and raw material that are naturally derived. Thus, growing demand for gum Arabic products with clean labelling is expected to fuel the market growth of the gum Arabic.

Opportunity 2

Expanding scope of gum Arabic in dentistry

Expanding scope of gum Arabic in dentistry is expected to provide potential opportunities to the market of gum Arabic. It is a complex polysaccharide that has a neutral pH consisting of mixed magnesium, calcium, and potassium which promote dental re-mineralization. Moreover, it also has some antimicrobial activity which is further fuelling its demand across the dentistry industry. Hence, the growing demand for gum Arabic from dentistry is expected to augment the market growth.

Figure 2. Global Gum Arabic Market Revenue Share (%), By Gum Type, 2022