Gum Arabic is a gum powder that is commonly seen in Middle
Eastern cuisine and is a popular addition to desserts. It is also known as
"almond gum Arabic" and is derived from the nut of the same name. The
main ingredient of Gum Arabic and all-natural gum Arabic extracts are extracted
from the leaves and twigs of the Tahitian tree. This natural gum Arabic is
often used as an "absorbent" or "moisture absorber" by herbalists
and homemakers alike due to its ability to eliminate moisture when applied to
the skin. Gum Arabic is widely used as a stabilizing agent as using gum Arabic
to help stabilize ingredients can help create products in the food industry.
Growing
demand for gum Arabic from the food &beverage industry where it is used
as a binding agent to bind the food particles is fueling the market growth.
High consumption of dairy products, confectionery, bakery products, beverage
products, and sauces & dressings is contributing to the growth of gum
Arabic market. Moreover, it is also used in the manufacturing of watercolor
paints which is again driving their demand. Furthermore, the growing popularity
of gum Arabic as organic fiber products due to its high dietary fiber content
which helps in digestion of the food is further projected to foster the growth
of the Gum Arabic Market. Also, increasing demand for stabilizers, thickeners,
gelling agents from the pharmaceutical industry is projected to uplift the
market growth in the near future. Additionally, increasing population coupled
with the growing popularity of a different variety of food products is again
projected to propel the growth of the Gum Arabic Market
North America is expected to gain significant growth over
the forecast period and this is attributed to the increasing consumer spending
on food products due to growing disposable income. According to the Economic
Research Service United States Department of Agriculture, in 2019, U.S.
consumers, businesses, and government entities spent $1.77 trillion on food and
beverages in grocery stores and other retailers and on away-from-home meals and
snacks.
Key Developments:
1. In April 2019, Alland & Robert has entered into a joint
venture with India-based Company Sayaji Industries Limited. The focus of this
partnership is to focus on manufacturing and supplying premium quality spray
dried acacia gum which is also known as Arabic gum for the growing Indian
market.
2. In September 2020, Sudan and The Netherlands have agreed on
supporting and facilitating the establishment of gum Arabic processing
factories in Darfur, Kordofan, and other states. The objective of the suggested
factories was for increasing the value-added of Gum Arabic crop.
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