(Food-Beverage-News.Com, March 17, 2018 ) The Global Gum Arabic Market was valued at USD 662.5million in 2016 and is projected to reach USD 1167.7million by 2025, growing at a CAGR of 6.50% from 2017 to 2025.
Gum Arabic is mostly obtained from the sap of the Acacia trees. These are majorly found in parts of Africa including countries like Nigeria and Chad. Gum Arabic binds all the food particles together, and also maintains all the physical qualities in that product.
Food and beverage industrial expansion is driving the global gum Arabic market. Moreover awareness regarding medical uses and other uses with thorough research & developments makes gum Arabic market more comprehensive. Growth across emerging economies is also influencing the gum Arabic market in these regions. However, inconstancy in weather one year to another leads to variance in production and price of gum Arabic which acts as restraining factor for gum Arabic market growth. Opportunity is very high but production has limitation within different countries. Gum Arabic market is lucrative since the global demand for gum arabic is always higher than the production.
There is a high demand in North America, Western Europe and Eastern Europe while North America is the largest importer of gum Arabic. In Western Europe France, U.K. and Germany are the major re-exporter of processed gum. Gum Arabic consist of soluble dietary fiber, it also acts as probiotics in food and beverage industry. Gum Arabic has a higher demand in each year owing to wide industrial uses ranging from food industry to painting industry.
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