Explore The Gum Arabic Market Exhibiting A CAGR Of 5.4% By 2025
Verfasser: yogesh on Friday, 7 December 2018Year in, year out, natural emulsifiers such as gum arabic (acacia gum) will continue to be in great demand as thickening agents for production of confectionary treats and food products. The importance of gum arabic as thickening agent in production of chewing gums, as a binder for manufacturing watercolor paints, as an additive in ceramic glazes, and as an adhesive for rolling papers used in cigarettes makes it among the most useful natural emulsifier in the world. Persistence Market Research believes that towards the end of 2025, over 165 thousand tons of gum arabic will be consumed in the world, bringing in an estimated US$ 476.1 Mn in revenues by 2025-end.
Key projections from the report, titled “Gum Arabic Market: Global Industry Analysis and Forecast, 2017-2025,” indicate that the market, which is presently worth nearly US$ 300 Mn, will expand steadily at 5.4% CAGR. This steady growth in demand for gum arabic is instrumented by factors, namely:
Higher preference to naturally-derived gum arabic in F&B industry
Growing application of gum arabic as tablet binders, film forming agent, and suspending agents in production of pharmaceuticals
Increasing preference of consumers towards natural products
Effective application of gum arabic in paper manufacturing, meat processing, and processing vegetable juices
Key Trends Influencing the Demand for Gum Arabic