Share on

Latin America Gum Arabic Market By Application (Confectionery, Beverage Products, Bakery Products, Dairy Products And Sauces And Dressings) , By Function ( Thickener, Fat Replacer, Stabilizer, Gelling Agent, Coating Agent And Texturant) , By Type ( Senegalia Senegal Gum And Vachellia Seyal Gum) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: March, 2023
ID: 7367
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Gum Arabic Market Size, Share, Growth (2022-2027)

Latin America Gum Arabic Market was worth USD 65.92 million in 2021 and is estimated to be growing at a CAGR of 7.2%, to reach USD 93.32 million by 2027

Latin America Gum Arabic Market Overview

Gum arabic is a natural emulsifier and a stabilizer made from the branches of acacia Senegal and acacia seyal trees. Gum Arabic consists of soluble dietary fibre and also acts as a probiotic in food and beverage industry. Gum Arabic has a higher demand in each year owing to wide industrial uses ranging from the food industry to the painting industry. The market is mainly driven due to rapid growth in the gum arabic markets of developing countries such as Brazil and Argentina. Furthermore, the growing awareness about the multi-functionality of gum arabic and the associated medicinal benefits of gum arabic are also driving these markets. However climatic changes due to global warming, excessive exploitation of the acacia tree forests, and political instability of the chief producing nations are some of the restraints of the market. Furthermore, chemical manufacturers have developed several synthetic substitutes for emulsification applications. These substitutes, although they cannot match gum Arabic superior emulsifying capabilities, can be manufactured securely as per market demand.

Latin America Gum Arabic Market Segmentation

The market for Gum Arabic is broadly categorized 

  • application

  • function 

  • type

By application

  • Confectionery

  • Beverage products

  • bakery products

  • dairy products 

  • sauces and dressings

By function

  • thickener

  • fat replacer

  • stabilizer

  • gelling agent

  • coating agent

  • texturant

By type

  • Senegalia Senegal gum 

  • vachellia seyal gum

Senegal gum produces hard gum which is considered good quality owing to having wider applications across the food industry.

Latin America Gum Arabic Market Regional Analysis

  • Argentina

  • Brazil

  • Mexico 

  • rest of Latin America

Latin America Gum Arabic Market Keyplayers

  1. Gum Arabic Company (Sudan)

  2. Nexira (France)

  3. TIC Gums (U.S.)

  4. Kerry Group (Ireland)

  5. Alland & Robert (France)

Please wait. . . . Your request is being processed

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample