The demand for gum arabic is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Gum Arabic Market Research Report- Forecast to 2023 that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
Gum arabic is type of natural gum obtained from various species of the acacia tree. Majority of gum arabic is collected from Acacia Senegal species across the world. Gum arabic is largely used for making the chilled, sweetened, and flavored desserts in Middle East and African region. Many food and beverage manufacturers use gum arabic as emulsifier, thickening agent in icing, filling, chewing gum and other confectionery products. Gum arabic application in pharmaceutical along with personal care products is growing at significant rate from last few years. Increasing use of gum arabic in ceramic, printmaking and painting will play key role in the growth of gum arabic market in upcoming years.
The key players profiled in Gum Arabic are Kapadia Gum Industries Pvt. Ltd. (India), TIC Gums (U.S.), Nexira (France), AEP Colloids, div. of Sarcom Inc. (U.S.), Drytech Processes (I) Pvt Ltd (India), Guangzhou ZIO Chemical Co., Ltd. (China), and Kantilal Brothers (India) among many others.
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The global Gum Arabic market has been divided into species, function, application, and region.
On The Basis Of Species: Senegalia Senegal, Vachelia Seyal
On The Basis Of Function: Thickener, Emulsifier, Stabilizer, Binder, Texturant, Others
On The Basis Of Application: Food & Beverages, Pharmaceuticals, Cosmetics, Others
On The Basis Of Region: North America, Europe, Asia Pacific and ROW.
The Global Gum Arabic market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Rest of the world mainly North African region has the major market share followed by Asia Pacific. Majority of gum arabic produced in Sudan which is located in North African region. Gum arabic is the second export commodity and playing major role in economy of Sudan. Gum arabic from Sudan is produced from Acacia Senegal species. Plantations and naturally regenerated stands are owned by individuals, government or cooperative bodies in Sudan. From last few years gum production in India and China has increased at significant rate which is supporting the market growth in Asia Pacific region.
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