Gum arabic is collected from Acacia species, predominantly Senegalia (Acacia) Senegal and Vachellia (Acacia) Seyal. These trees are grown in abundance in central Sudan, central Africa and in West Africa. Gum arabic is commonly used in the food & beverages, pharmaceuticals, personal care industries as emulsifier and stabilizer and as suspending agent for insoluble drugs. Additionally, the use of gum arabic as a thickening agent in the production of chewing gums, as an additive in ceramic glazes, as a binder for manufacturing watercolor paints, and as an adhesive for rolling papers used in cigarettes makes it among the most popular natural emulsifier in the world. Therefore, due to the increasing applications of gum arabic in various industries, it is expected to drive the growth of gum arabic market.
The global gum arabic market is expected to register a growth rate of 5.2% during the forecast period of 2020 to 2027 to reach USD 502.9 billion by 2027.
Gum Arabic Market Growth Driver
The diverse application of gum arabic is a significant factor fueling the growth of the market. Gum arabic is used in pharmaceuticals, food and beverages, and personal care industries. Also, gum arabic serve as a thickening agent in the productions of chewing gums, as a binder in watercolor paints, as an additive in ceramic glazes and the rolling papers used in cigarettes. Gum arabic is the most popular natural emulsifier known globally owing to its diverse application. Gum arabic diverse application is a fuel driving the growth of the industry.Gum arabic will register a tremendous growth over the forecast period due to the global demand for natural products in the food and beverage industry. Consumers have made a switch toward the consumption of natural food items because of the health benefits associated with natural foods.
To know the latest trends and insights prevalent in this market, click the link below: https://www.mccourier.com/market-size-and-top-players-for-gum-arabic-industry-analysis-and-forecast-2020-2027/
No comments:
Post a Comment