Supplier of Gum Arabic
Gum Arabic, also called Indian gum, is a natural substance that is used in various industries. It is a complex mixture of polysaccharides and glycoproteins that has a wide range of uses. Many people use it in food and drink, pharmaceuticals, and cosmetics.
Gum Arabic is derived from two species of acacia tree. The first is Acacia senegal, which produces hard gum. This type of gum is used as a stabilizer in foods. A second species, Acacia seyal, is grown for commercial purposes.
Gum Arabic has become a popular ingredient in soft drinks syrups, confectionery, and other food products. Increasing demand for confectionery items is boosting the market. Also, an increasing demand for dietary products has helped drive the industry. However, overexploitation of acacia plantations is expected to hamper the market.
World Leading Supplier of Gum Arabic
Gum Arabic is mainly harvested in African countries. It is available in raw or processed form. It is produced from the bark of the acacia senegal and seyal trees. For processing, gum must be kept clean and dry. In order to do so, it must be packed in a permeable bag.
The global gum arabic market is highly fragmented. There are several key players, including GAC, Somar Corporation, Alland & Robert, and TIC Gums Inc. These players can supply gum to manufacturers around the world. They have established strategic partnerships to gain access to high-quality raw material suppliers. Other players include the Kerry Group, Agrigum International Limited, and Nexira.
Currently, the gum Arabic market is highly dependent on the exports from Africa. Nevertheless, the market is expanding rapidly in Asia Pacific. Moreover, the market is projected to increase at double-digit CAGR over the forecast period.
Although a majority of the gum arabic market is consumed by the food and beverage sector, there are opportunities for the dietary industry to grow. Food and beverage companies are focusing on improving the supply chain for their products. As a result, more vendors are emerging from the local market to meet demand. Hence, there are many prospects for gum arabic exports.
Several players are focusing on regulatory clearance for gum Arabic as an ingredient in food and beverage products. These companies are developing a variety of packaging formats for the product. They can provide information about the product’s package standards and specifications. Furthermore, they can offer transport options.
In North America, gum arabic is consumed by the food and beverage industry. Demand for gum is growing in the United States and Canada. Moreover, e-commerce is expanding rapidly. Due to the increased popularity of internet shopping, the gum arabic market is expected to expand. Additionally, consumers are not thinking much about the sourcing of the ingredients.
Globally, gum arabic is a growing industry. According to a UNCTAD report, the gum arabic industry is projected to have a promising future. It can drive the development of African nations, generate foreign exchange, and promote sustainability. Moreover, it can enhance natural resource management and provide income generation for vulnerable groups.