The global demand for gum Arabic is expected to rise due to the pathbreaking affinity shown by people towards consuming organic and exotic foods. Native to the African countries, gum Arabic has emerged as a key ingredient in several food items spanning into confectioneries and soft drinks. The export of semi-processed gum Arabic increased three-fold between 1992 to 2016, pointing to the evident rise in its consumption. Gum Arabic contains dietary fibers that help in maintaining the overall nutritional intake required by humans. On account of its exceptional medicinal properties, gum Arabic has gained greater popularity amongst health-conscious individuals. Over the course of the next decade, the total value of the gum Arabic market is projected to touch unprecedented levels.
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The natural origin and safety record of gum Arabic makes it an exceptionally sought-after plant-derived product. Furthermore, gum Arabic can be used as an effective emulsifier, stabilizer, and binder across a range of non-food products as well. Therefore, the wide spectrum of applications for gum Arabic across emerging industries has aided market expansion.
Medicinal Benefits of Gum Arabic to Ensure Buoyance in Market Sales
Gum Arabic is a dietary fiber that benefits the digestive system of patients, and improves their appetite. Furthermore, it is also used a rich source of energy for patients recovering from kidney diseases. The application of gum Arabic in health-related practices and procedures shall fetch fresh revenues into the global market. The healthcare industry invests a large share of its revenues to explore medicinal properties of natural products. The evident benefits of gum Arabic for patients recovering from digestive disorders has given a thrust to market growth. Furthermore, there is greater acceptance of organic products amongst the masses, making it easy for sellers of gum Arabic to tap into the market sentiment. The use of gum Arabic in liquor and wine has also unraveled a new market territory for vendors. The exponential rate of growth in liquor sales shall invigorate the demand dynamics of the global gum Arabic market.
Europe to Top the Chart of Re-Exporters of Gum Arabic
The production of gum Arabic is restricted to the African belt of countries including Nigeria and Sudan. The production of gum Arabic in these penury-stricken countries is a means of subsistence for a substantial population. A major share of exports from these countries are pocketed by India and France. This has contributed to the growth of the gum Arabic market in Europe and Asia Pacific. Furthermore, Germany and England have also emerged as resilient re-exporters of gum Arabic, accounting for a major share of the global market. This shall invariably ensure comprehensive growth and revenue-generation across the European market. Production of gum Arabic across Africa is offering economic stability to the region. This has prompted several global entities such as the United Nations Conference on Trade and Development (UNCTAD) to promote gum Arabic across the world.
Some of the prominent vendors operating in the gum Arabic market are TIC Gums, AEP Colloids Inc., Alland ET Robert S.A, POLYGAL AG, Norevo GmbH, and ISC Europe Ltd.
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