Gum
Arabic is produced from two Acacia trees found in the region of
Sub-Saharan Africa, i.e. Acacia Senegal and Acacia Seyal. Acacia
Senegal is known to produce high quality gum whereas the gum produced
from Acacia Seyal is of low quality. Gum Arabic is the complex
mixture of polysaccharides and glycoproteins and is the original
source of arabinose and ribose sugar.
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The
various functionalities of gum arabic makes it an important component
in various industries. It is used extensively in the food industry.
Moreover, it is used for manufacturing soft drinks, cosmetics and
pharmaceuticals among others. The various properties of gum Arabic
includes the functionality of stabilizing, thickening, coating,
gelling, fat replacing and texturizing among others. The gum arabic
on the basis of product type can be segmented into Vachellia Seyal
gum and Senegalia Senegal gum. By application, the gum arabic market
can be segmented into bakery products, confectionery, sauces and
dressings, beverage products and dairy products among others.
The
demand for the gum arabic is expected to be driven by the increased
consumption of confectionery products and drinks. Moreover, the gum
arabic market is also growing as a result of the increasing demand
for dietary and healthy foods. Gum arabic is rich in fibre contents
and thus is used on the context of it being natural in nature.
Furthermore, the health benefits associated with gum arabic is also
boosting its demand in the pharmaceutical industry as well.
However,
as a result of the unstable supply and variability in price and
quality, the global gum arabic market has shown fluctuations and
considerable variations in terms of growth. This acts as a restraint
for the gum
Arabic market. Moreover the availability of close substitutes
also acts as threat to this market. The various substitutes are
Biosynthetic polysaccharides and modified starches among others.
Furthermore, the production of gum arabic is affected by factors such
as climatic changes and insect attacks.
The
gum arabic market possess tremendous potential as the demand for
natural ingredients is increasing considerably among the consumers.
This makes the gum arabic being widely used in the food sector.
Moreover despite the presence of various substitutes, other gums can
not completely replace the gum arabic as they don’t perform the
same function.
North
America held the largest market share of the the global gum Arabic
market in 2014 in terms of revenue. The North American gum arabic
market is followed by Europe on account of it being one of the
largest market of bakery and confectionery products. In terms of
growth, the Latin America market is expected to be the fastest
growing market for gum Arabic..Countries such as Sudan, Chad, Nigeria
and Senegal are the largest producers of gum Arabic. In terms of
exports, Sudan was the largest exporting country in 2014 and it
supplies high-quality gum arabic to the European and North American
countries.
Some
of the key players operating in the gum arabic market are Nexeria,
Gum Arabic Company, Kerry Group PLC, Agrigum International Limited,
TIC Gums Corporation, Hawkins Watts and Farbest Brands among
others.others.
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