Latest
industry research report on: Global Gum Arabic Market : Industry
Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth,
Segmentation, Parameters, Forecasts
Gum arabic, also known as
acacia gum, meska, chaar gund/goond, is a natural emulsifier derived
from hardened sap obtained from two species of the acacia tree
(Senegalia senegal (Acacia) and Vachellia (Acacia) seyal). The acacia
trees are found on the west coast of Africa and on the Indian
Subcontinent. Gum arabic is a versatile emulsifier that is used in
several industries including food & beverages, pharmaceuticals,
textiles, inks, paper, ceramics, and paints. The gum has amber color
and is sticky. It is extracted by skillfully peeling a thin layer of
bark on the acacia trees without causing any injury to the tree. The
sap slowly oozes out and is collected as amber-colored gum after it
is exposed to air. The hardened gum/sap is treated to remove dust and
sold in the form of syrup made by dissolving the hardened sap in
water.
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Gum
arabic is mostly produced in the sub-Saharan coastal belt by local
farmers. Although discovered and named in Senegal, the trees are
farmed for production of gum arabic in Somalia, Sudan, and Senegal.
Sudan is the largest producer of gum arabic, which is usually
exported to Europe for treatment, refinement, and further sale to
different parts of the world.
Gum
arabic is widely used as an emulsifier in the food & beverages
industry. It is one of the key emulsifiers used in the manufacture of
syrups for soft drinks such as Coca-Cola and Pepsi. Gum arabic
ensures even distribution of sugar within the liquid and helps avoid
precipitation of crystals at the bottom. Gum arabic is also used in
several pharmaceutical formulations for holding the ingredients
together in the drug. It has medicinal properties and can be consumed
with water to treat stomach problems as it is rich in dietary fiber.
It can be used as a laxative and helps in reducing cholesterol levels
in patients. Additionally, gum arabic is utilized in traditional
lithography and printing. It is used for printing on newspapers,
providing the ink with adhesion properties aiding the permanence of
the print. Gum arabic is used in book binding, photo printing, and
paints for textiles and art due to its tacky characteristics.
The
gum arabic market is fueled by rising demand in end-user industries,
especially food & beverages, pharmaceuticals, and textiles.
Additionally, major shift from synthetic chemicals and materials
toward naturally sourced products is anticipated to increase demand
for gum arabic in the food & beverages industry. However,
political instability in Somalia and Sudan has caused loss of
customers as the companies hesitate to associate themselves with such
societies. Current sales of gum arabic have dropped to almost half of
the all-time peak volumes. This can be attributed to climatic changes
due to global warming, excessive exploitation of the acacia tree
forests, and political instability of the chief producing nations.
Furthermore, chemical manufacturers have developed several synthetic
substitutes for emulsification applications. These substitutes,
although they cannot match gum arabic’s superior emulsifying
capabilities, can be manufactured securely as per market demand.
Reacquisition of customers lost to political instability in Sudan and
Somalia can help create an opportunity for the growth of the gum
arabic market in the near future
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Geographically, Asia Pacific is
anticipated to be the dominant market due to the rapidly growing
industrial utility of gum arabic. North America is another large
market for gum arabic; it is primarily used in the food &
beverages industry. Latin America and Europe are estimated to see
gradual growth during the forecast period.
Small and medium-sized players
hold a majority share of the market. Some of the players in the gum
arabic market include TIC Gums, Inc., Gum Arabic Company, and Dar
Savannah Gum Arabic Processing Company.
This research report analyzes
this market on the basis of its market segments, major geographies,
and current market trends. Geographies analyzed under this research
report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides
comprehensive analysis of
Market growth drivers
Factors limiting market
growth
Current market trends
Market structure
Market projections for
upcoming years
This report is a complete study
of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It
includes analysis of recent developments in technology, Porter’s
five force model analysis and detailed profiles of top industry
players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with
detailed value chain analysis.
Reasons for Buying this
Report
This report provides
pin-point analysis for changing competitive dynamics
It provides a forward
looking perspective on different factors driving or restraining
market growth
It provides a six-year
forecast assessed on the basis of how the market is predicted to grow
It helps in understanding
the key product segments and their future
It provides pin point
analysis of changing competition dynamics and keeps you ahead of
competitors
It helps in making informed
business decisions by having complete insights of market and by
making in-depth analysis of market segments
It provides distinctive
graphics and exemplified SWOT analysis of major market segments
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