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Gum Arabic Market Share, Trends, Industry Review, Leading Players 2018 | Kapadia Gum Industries, TIC Gums, Kantilal Brothers, Nexira, AEP Colloids | In-depth Analysis Research Report Foresight to 2023
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.
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Major Key Players:
The key players profiled in the gum arabic market are as 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.
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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Study Objectives of Gum Arabic Market:
To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global gum arabic market
To provide insights about factors affecting the market growth
To analyze the market based on various factors - price analysis, value chain, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia-Pacific, and Middle East & Africa.
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by species, function, application and region
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments globally.
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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 playing 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 in Asia Pacific region.
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