The global gum arabic market is forecasted to grow at a CAGR of 8.26% during the period 2017-2021

LONDON, Nov. 29, 2017 /PRNewswire/ -- About Gum Arabic

Gum arabic is extracted from the stems and branches of Acacia senegal and is also popularly known as gum acacia. Gum arabic is primarily used as a thickener, gelling agent, stabilizer, and fat replacer in the food and beverage industry. The gum is filtered before use in food as it contains extraneous materials such as sand and bark pieces. The gum arabic supply is dominated by the North African country Sudan as it produces one of the popular varieties, the Senegalese. This is collected in different parts of the country, and the cost of collection is low.

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Technavio's analysts forecast the global gum arabic market to grow at a CAGR of 8.26% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global gum arabic market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Gum Arabic Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Agrigum International
• Alland & Robert
• Kerry Group
• Nexira
• TIC Gums
• Ingredion

Other prominent vendors
• AEP Colloids
• Archer Daniels Midland
• Ashland
• CARAGUM International
• Farbest Brands
• Hawkins Watts
• KANTILAL BROTHERS

Market driver
• Growing awareness about multi-functionality of gum arabic
• For a full, detailed list, view our report

Market challenge
• ?Demand-supply gap owing to price fluctuations
• For a full, detailed list, view our report

Market trend
• Consumer preference for natural ingredients
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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