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Gum Arabic Market is expected to grow significantly with a considerable rate of CAGR by 2023

11-07-2017 12:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Gum Arabic Market is expected to grow significantly with

Market Overview

Gum arabic is type of natural gum obtained from various species of the acacia tree. Majority of hum arabic is collected from Acacia Senegal species across the world. Sudan and Sehel are the major gum arabic producer in the world. 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.

Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2904

Competitive Analysis:

The Major Key Players in Gum Arabic Market are

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

Downstream analysis:

Gum arabic is used in various products ranging from ink to ice cream as an emulsifier, thickening agent, fat replacer and stabilizer. In pharmaceutical especially in herbal medicines, the gum is used to bind pills and lozenges and to stabilize emulsions. It is also used to produce a medium for applying essential oils, balsams, resins, camphor, and musk. Gum arabic is used as a binder for watercolor painting because it dissolves easily in water and it is also used in printmaking to protect and etch an image. Some firework manufacturers use gum arabic as a binder in firework composition as it is soluble in water.

Regional Analysis:

Global Gum Arabic market is segmented into Europe, North America, 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 key role in economy of Sudan. From last few years gum production in India and China has increased at significant rate which is supporting the market growth in Asia Pacific region. India, France, U.S., Portugal and Spain are the major importers of gum arabic across the globe.  

Access Report Details @ https://www.marketresearchfuture.com/reports/gum-arabic-market-2904

Table of Content:

1 Executive Summary

2 Market Introduction

3 Research Methodology

4 Market Dynamics

5 Market Trends

6 Market Factor Analysis

Market-By Species
Continued…..

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

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