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Gum Fiber Market Share

Report ID: GMI4752
Published Date: May 2024
Report Format: PDF

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Gum Fiber Market Share

Leading gum fiber firms are investing in R&D activities to innovate and improve the functional properties of gum fibers, making them more versatile and cost-effective. Strategic partnerships and collaborations with F&B manufacturers are enabling companies to expand their services and market. Moreover, these industry contenders are focusing on sustainable and ethical sourcing practices to attract environmentally conscious customers. They are also upgrading their global distribution networks to ensure continuous geographic product supply.

Gum Fiber Market Companies

Some of the key gum fiber industry players are:

Neelkanth Polymers
Nexira, Inc.
Nutriroma
AEP Colliods
Cargill, Inc.
Arshland
DuPont de Nemours, Inc
BASF SE
Ingredion Incorporated
ABDULLABHAI ABDUL KADER (VATVA GIDC)
Shree Ram Industries
Lucid Colloids Ltd.
Dabur India Ltd.
Supreme Gums Private Limited
VIKAS WSP LIMITED

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of gum fiber reached USD 1.4 billion in 2023 and is set to witness 6.7% CAGR from 2024 to 2032, led by the increasing demand for natural and functional ingredients in the food and beverage (F&B) sector.

The gum arabic segment is expected to register growth at 6.6% CAGR during 2024-2032, due to its functional benefits across various industries.

Asia Pacific market size is projected to record 7% CAGR from 2024 to 2032, attributed to the rising consumer awareness about health and wellness.

AEP Colliods, Cargill, Inc, Arshland, DuPont de Nemours, Inc, BASF SE, Ingredion Incorporated, and ABDULLABHAI ABDUL KADER (VATVA GIDC) among others.