Gum Arabic Market : US Poised to Achieve Continuing Growth| grow at a CAGR of 5.7%

Throughout the forecast period, the food and beverage application sector is expected to maintain its dominance in the global gum arabic market. The application industry for drugs and dietary supplements is probably in second place.

It is expected that the food and beverage application segment will be worth slightly more than US$ 180 million in 2017 and will increase at a CAGR of 5.7% through the end of 2025 to be worth slightly more than US$ 280 million. Estimates predict that the market will add just over $100 million in new revenue between 2017 and 2025, with an absolute revenue opportunity of more than $8 million in 2017 compared to 2016.

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In the food and beverage industry, gum Arabic is frequently utilised as an emulsifier for a range of product applications. Gum Arabic is a marginally significant ingredient in beverages and is stable in low pH environments. Similar to how it displays low consistency characteristics in water and other liquids, the mouthfeel, flavour, or texture of the original beverages are unaltered.

Major corporations in the worldwide food and beverage industry are being persuaded by these advantages to adopt and increase the usage of gum arabic in a variety of foods. The expanding usage of gum arabic in food products is advantageous for the food and beverage application segment of the global gum arabic market.

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Manufacturers are being prompted to create innovative formulations, including instant soluble Gum Arabic, by rising customer demand for easily soluble Gum Arabic on the international market. Dry spray preparations for powder encapsulation, a method that aids in the encapsulation of tastes, fragrances, and colour , use an instant soluble Gum Arabic solution. During the period of evaluation, it is projected that the growing usage of soluble Gum Arabic in beverages will benefit the food and beverage industry.

Food and beverages segment expected to register a high CAGR in the APAC Gum Arabic market over the forecast period

The food and beverages segment is estimated to be valued at more than US$ 35 Mn in 2017 in North America, and is expected to increase at a CAGR of 6.2% over the forecast period, to be valued at almost US$ 60 Mn by the end of 2025. In Latin America, the food and beverages segment is estimated to create absolute $ opportunity of US$ 0.53 Mn in 2017 over 2016 and incremental $ opportunity of US$ 5.9 Mn between 2017 and 2025.

The segment is likely to increase at a CAGR of 5.4% during the projected period in Europe, while in the APAC Gum Arabic market, the food and beverages segment is anticipated to register a CAGR of 6.2% during the period of forecast.

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Market Segmentation  :  (Gum Arabic Market)

Gum Arabic Market By Gum Type : Acacia Senegal, Acacia Seyal

Gum Arabic Market By Application : Food and Beverages : Beverages, Jams and Jellies, Bakery, Confectionery, Dairy Products, Pharmaceuticals & Dietary Supplements, Personal Care & Cosmetics, Paints & Inks, Others (Meat Processing, etc.)

Gum Arabic Market By Region : North America, Latin America, Europe, APAC, MEA

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