Global Gum Arabic Market (1)

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Global Gum Arabic Market (1)

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The Global Gum Arabic Market is estimated to grow at a CAGR of 6.7% during the forecast period. Gum Arabic is known for its numerous applications, such as a thickener, gelling agent, coating agent, stabilizer, texturants, and fat replacers. Some of the most common food applications of gum arabic include confectionery, sauces & dressings, and beverages. – PowerPoint PPT presentation

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Title: Global Gum Arabic Market (1)


1
Global Gum Arabic Market
The Global Market For Gum Arabic Likely to Boom,
Thanks to Its Multiple Usages Good News For Gum
Arabic Traders And Farmers
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2
Global Gum Arabic Market
The Global Gum Arabic Market is expected to grow
at a CAGR of 6.7, from 578.7 million in 2014 to
800.3 million by 2019. Presently, a majority of
the revenue in this market comes from the North
American (especially the U.S.) and the European
(especially France and the U.K.) regions.
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3
Global Gum Arabic Market
Rising demand from food and beverages industry
likely to boost the demand for gum arabic,
globally
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4
Global Gum Arabic Market
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5
Global Gum Arabic Market
Key Players The global gum arabic market is a
competitive market with firms, such as Gum Arabic
Company (Sudan), Nexira (France), Kerry Group PLC
(Ireland), TIC Gums Corporation (U.S.), Agrigum
International Limited (U.K.), Farbest Brands
(U.S.), Archer Daniels Midland Company (U.S.),
Ashland Inc. (U.S.), and Hawkins Watts (New
Zealand), among others, which are expanding their
market share, globally.
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6
Global Gum Arabic Market
Gum Arabic Market Looking forward
The global demand for gum arabic is expected to
grow at a significant rate in the coming years.
Although Sudan is the largest supplier of gum
arabic in the world market currently, Nigeria and
Chad are likely to pose significant competition
in the coming years.
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7
Global Gum Arabic Market
To know more please refer to the recently
published report on Global Gum Arabic Market by
MicroMarketMonitor. Use FNBA0515 code to request
a discount on the purchase of full report. You
can also write to shrikant.athavale_at_micromarketmon
itor.com to know more about this market.
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