Gum Arabic is colorless, tasteless, odorless, and highly water-soluble. These properties allow food technologists to utilize Gum Arabic in dry spray preparations in powder encapsulation, for application in the pharmaceutical industry. There is an increasing adoption of Gum Arabic in the food and beverages industry owing to its high dietary fiber content. While studying the global Gum Arabic market, the analysts of XploreMR have observed that key market players have taken a solution oriented approach to strengthening partnerships with an extensive network of high-quality raw material suppliers in Africa to ensure the security of supply. Manufacturers of Gum Arabic have focused on expanding business horizons in order to enhance production capacity and to meet the increasing customer demand in various regions. The expert team of analysts have observed that Asia Pacific is becoming a key region for Gum Arabic product manufacturers. Demand for Gum Arabic is significant in countries such as China, Japan and Australia. Among all the regions, North America, Europe and the Middle East account for a major market share and this is further expected to increase steadily over the forecast period. Manufacturers are focusing on promoting the health benefits of Gum Arabic and offering health claims with supporting clinical evidence for end products. These findings have been presented in a new report by XploreMR titled “Gum Arabic Market: Global Industry Analysis and Forecast, 2017–2025.”
Market share analysis by company
Despite the fact that production of Gum Arabic is concentrated in African countries such as Sudan, Chad, and Nigeria, these countries export more than 75% of production to other countries such as France and the U.S., which are the major importers of Gum Arabic. Nexira International accounts for a majority of the revenue share generated in the Europe Gum Arabic market due to robust partnerships with an extensive network of high-quality raw material suppliers in Africa to ensure the security of supply and global reach. Other players in the market account for close to 50% revenue share because the global Gum Arabic market is highly fragmented owing to the presence of smaller manufacturers, distributors and companies.
Global Market Study on Gum Arabic: Beverages and Confectionery Sub-segments Anticipated to Register High CAGRs During the Forecast PeriodBuy Now
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