Market - - Jun 08,2017
It has been estimated that the application of Gum Arabic in the food and beverages segment is estimated to acquire a CAGR growth of 5.7% by end of 2025.
Gum Arabic is colorless, odorless, tasteless and highly water-soluble. Such properties allow food technologists to use this substance in dry spray preparations in powder encapsulation, to be used in the pharmaceutical industry. Over the years, there is a rising adoption of Gum Arabic in the food and beverages industry due to its high dietary fiber content.
As per a report published by Market Research Reports Search Engine (MRRSE), the food and beverages segment is anticipated to gain a value of 5.7% during the period 2017-2025. At such impressive pace, the Gum Arabic sector might obtain a valuation greater than US$ 280 Million.
In the past few years, manufacturers of Gum Arabic have stressed on escalating business horizons with an aim to enhance production capacity, as well as to meet the increasing customer demand in different regions. The production of Gum Arabic is concentrated in African countries such as Chad, Sudan, and Nigeria; these nations export a huge share of products (more than 75%) to major importer countries including the U.S. and France. The successful companies from this sector include names such as, AEP Colloids Inc., Tic Gums Inc., Kerry Group Public Ltd., Polygal AG and Alland ET Robert S.A.
To further elaborate the market condition, demand for Gum Arabic is prominent in countries such as China, Australia, and Japan. At present, the different Gum Arabic product types include Acacia Senegal and pharmaceuticals, Acacia Seyal. The active applications of this product apart from the food & beverages and pharmaceuticals segment are dietary supplements, paints & inks, cosmetics, and personal care.
For more information on this report visit- http://www.mrrse.com/gum-arabic-market