Pune, India -- (SBWIRE) -- 06/20/2018 -- Market Overview:

Global Gum Arabic Market is projected to grow at the CAGR of 5.6%. Growing demand for gum arabic from food industry is driving the growth of gum arabic market. Increased application of gum arabic in food products as thickening agent, fat replacer, stabilizer and binding agent is supporting the growing demand of gum arabic by food industry across globe. Production of gum arabic in Sudan and other African country will witness significant growth in upcoming years due to favorable government policies and advancement in harvesting technologies. 

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.

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Latest Industry Updates:
Dec 2016 Alland & Robert launched gum emulsifier made from acacia in U.K. market. The product is odorless, colorless, and tasteless. The product is also eco-friendly and clean labelled.

Sep 2016 TIC Gums expanded its advanced portfolio of texture and stability solutions with Ticaloid Ultrasmooth NGMO Original for Non-GMO Instant Protein beverages.

Jul 2016 TIC Gums new clean label texture and stability solutions for use in alternative beverages, gummy applications, and ice cream formulations.

Major Key Players:
This report includes a study of strategies such as mergers and acquisitions, product launches by the major gum arabic market players. It further includes product portfolios, developments of leading major players which includes

Kapadia Gum Industries Pvt. Ltd. (India)
TIC Gums (U.S.)
Kantilal Brothers (India)
Nexira (France)
AEP Colloids, div. of Sarcom Inc (U.S.)
Drytech Processes (I) Pvt ltd (India) and
Guangzhou ZIO Chemical Co., Ltd. (China)

Key Findings:
Acacia Senegal gum arabic captures major market share and it is growing at higher rate

Top five exporters of gum arabic are France, Chad, Nigeria, Mali and U.K.

Industry Segments:
Gum Arabic market has been segmented on the basis of species which includes Acacia Senegal and Vachellia Seyal. Acacia Senegal is contributes major market share in gum arabic production

Gum Arabic market has been segmented on the basis of function which includes Thickenening Agent, Fat Replacer, Stabilizer, Gelling Agent, Coating Agent, Texturant and Others. On the basis of function, gum arabic as a thickenening agent is capture major market share

Gum Arabic market has been segmented on the basis of application which includes Bakery foods, Beverages, Encapsulated Flavors, Pharmaceuticals, Nutraceuticals, Personal Care products and others. Gum arabic application in pharmaceuticals is anticipated to grow at higher rate compare to other applications of gum arabic 

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Regional Analysis:
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 play 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 of gum arabic in Asia Pacific region.