Market Research Future (Food and Beverages) Global Gum Arabic Market Research Report- Forecast | Page 4

Gum Arabic Market Research Report- Forecast to 2023 3 Sample Pages 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 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. Page | 4 Copyright © 2017 Market Research Future.