Market Research Future (Food and Beverages) Gum Arabic Market | Page 3

Global Gum Arabic Market Research Report- Forecast to 2023 2 Market Overview This projection has been made by Market Research Future in its most recent research report on the subject. The increasing use of gum arabic and the development of various applications for the same are some of the key drivers who have influenced growth for the global market. Gum arabic has a wide range of applications including in food, painting, ceramics, printing, and others. The water-soluble additive is used as an edible stabilizer & emulsifier, for viscosity control, and other industrial applications. Most commonly it is used in making Middle Eastern desserts and as an emulsifier for syrups used in the production of popular soft drinks. Known also as acacia gum, gum arabic is increasingly being recognized for its pharmaceutical applications as a demulcent. Key market players are conducting research & development activities to uncover further applications for the material; this is expected to offer expansion opportunities to the global market. Availability of less expensive materials is expected to hinder market growth. Moreover, production is limited, and variations in climate can affect annual yield thus leading to fluctuating prices which poses a challenge to market growth. However, unlike most additives, gum arabic is natural, making it the preferable choice amidst health and environmental concerns. Latest Industry News: Alland & Robert, a prominent player in investing in CSR activities which provide employment and training farmers to harvest gum arabic in a sustainable manner. The company, which has a strong focus on gum arabic has started testing the all-natural additive in drinks, sauces, and pastries in their laboratory in Normandy, France. The African Development Bank has invested USD 42 million in concessional grants for agribusinesses. The project places a strong focus on gum Arabic among other crops. Page | 3 Copyright © 2017 Market Research Future.