What is Global Gum Arabic (E414) Market?
The Global Gum Arabic (E414) Market is a vast and dynamic sector that has been gaining significant attention in recent years. Gum Arabic, also known as E414, is a natural gum made from the hardened sap of two species of the acacia tree; Acacia Senegal and Acacia Seyal. This gum is a complex mixture of polysaccharides and glycoproteins which is used primarily in the food industry and also in various industrial applications due to its key properties such as emulsification, stabilization, and providing a great mouthfeel. The global market for Gum Arabic (E414) is driven by its extensive use in various industries including food and beverage, pharmaceuticals, printing, cosmetics, and others.
Acacia Seyal Gums, Acacia Senegal Gums, Others in the Global Gum Arabic (E414) Market:
Acacia Seyal Gums, Acacia Senegal Gums, and others are the main types of Gum Arabic (E414) available in the global market. Acacia Seyal Gums are derived from the Acacia Seyal tree, which is native to sub-Saharan Africa. These gums are known for their high-quality and are widely used in the food industry for their emulsifying properties. On the other hand, Acacia Senegal Gums are obtained from the Acacia Senegal tree. These gums are highly valued for their superior quality and are extensively used in pharmaceutical applications due to their medicinal properties. Other types of Gum Arabic (E414) include those derived from various other Acacia species. Each type of Gum Arabic (E414) has its unique properties and uses, making them indispensable in various industries.
Food Industry, Printing Industry, Cosmetics, Pharmaceutical, Others in the Global Gum Arabic (E414) Market:
The Global Gum Arabic (E414) Market finds its usage in a wide range of areas. In the food industry, it is used as a stabilizer, emulsifier, and thickening agent in various food products such as confectionery, beverages, and bakery products. In the printing industry, it is used in lithographic printing and in the production of watercolor and poster paints. In cosmetics, it is used as a binder and emollient in various cosmetic products. In the pharmaceutical industry, it is used in the formulation of medicinal syrups and emulsions. Other uses of Gum Arabic (E414) include its use in ceramics, photography, and textile industries.
Global Gum Arabic (E414) Market Outlook:
The global Gum Arabic (E414) market, which was valued at US$ 379 million in 2022, is projected to reach a value of US$ 503.8 million by 2029. This represents a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2023 to 2029. The market is dominated by the top 3 players who collectively hold about 40% of the global market shares. The main type of Gum Arabic (E414) is Acacia Seyal Gums, which accounts for about 70% of the market. The food industry is the primary application area for Gum Arabic (E414), holding over 70% of the market share.
| Report Metric | Details |
| Report Name | Gum Arabic (E414) Market |
| Accounted market size in 2022 | US$ 379 in million |
| Forecasted market size in 2029 | US$ 503.8 million |
| CAGR | 4.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Nexira, Alland & Robert, ISC, TIC Gums, Norevo Germany, Afrigum International, Hawkins Watts, Kerry Group, Afritec Ingredients, Elanan Trading, Dansa Gum, Dangate Danjadeed, Alategahat Almtadeda, Prodigy NIG Limited |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
