Global Gum Arabic (E414) Market Growth 2023-2029

Global Gum Arabic (E414) Market Growth 2023-2029

Gum arabic, also known as acacia gum, chaar gund, char goond, or meska, is a natural gum made of hardened sap taken from two species of the acacia tree; Senegalia (Acacia) senegal and Vachellia (Acacia) seyal.
Gum arabic is used primarily in the food industry as a stabilizer. It is edible and has E number E414. Gum arabic is a key ingredient in traditional lithography and is used in printing, paint production, glue, cosmetics and various industrial applications, including viscosity control in inks and in textile industries, although less expensive materials compete with it for many of these roles.
While gum arabic is now produced mostly throughout the African Sahel, it is still harvested and used in the Middle East. For example, Arab populations use the natural gum to make a chilled, sweetened, and flavored gelato-like dessert.
In this report, we separate the gum arabic (E414) into raw grade gum arabic and refined gum arabic in the data section.
LPI (LP Information)' newest research report, the “Gum Arabic (E414) Industry Forecast” looks at past sales and reviews total world Gum Arabic (E414) sales in 2022, providing a comprehensive analysis by region and market sector of projected Gum Arabic (E414) sales for 2023 through 2029. With Gum Arabic (E414) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gum Arabic (E414) industry.
This Insight Report provides a comprehensive analysis of the global Gum Arabic (E414) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gum Arabic (E414) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gum Arabic (E414) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gum Arabic (E414) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gum Arabic (E414).
The global Gum Arabic (E414) market size is projected to grow from US$ 370.8 million in 2022 to US$ 496.3 million in 2029; it is expected to grow at a CAGR of 496.3 from 2023 to 2029.
The major players in global Gum Arabic (E414) market include Afritec Ingredients, Elanan Trading, Dansa Gum, etc. The top 3 players occupy about 40% shares of the global market. North America and Europe are main markets, they occupy about 65% of the global market. Acacia Seyal Gums is the main type, with a share about 70%. Food Industry is the main application, which holds a share over 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Gum Arabic (E414) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Acacia Seyal Gums
Acacia Senegal Gums
Others
Segmentation by application
Food Industry
Printing Industry
Cosmetics
Pharmaceutical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Gum Arabic (E414) market?
What factors are driving Gum Arabic (E414) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gum Arabic (E414) market opportunities vary by end market size?
How does Gum Arabic (E414) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.