LONDON, May 26, 2016 /PRNewswire/ -- 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. It is not only used in the food industry, but also in other industries, such as printing, art, photography, and coloring, among others. This market has the largest demand in confectionery and beverages products. North America has the largest market for gum arabic.
The global gum arabic market is segmented on basis of functions, product type, applications, and geography. On the basis of product type, the market has been segmented into Senegalia senegal gum and Vachellia seyal gum. On the basis of applications, the gum arabic market has been segmented into confectionery, beverages products, and others, wherein the others segment includes several food and non-food applications of gum arabic. Furthermore, on the basis of functions, the gum arabic market has been segmented into thickener, gelling agent, coating agent, stabilizer, texturants, and fat replacers, among others. The geographical analysis includes all the major regions across the globe, namely North America, Europe, Asia-Pacific, Latin America, and Rest of the World.
This market is a competitive market with companies, such as Gum Arabic Company (Sudan), Nexira (France), Kerry group (Ireland), Farbest Brands (U.S.), TIC Gums (U.S.), and so on are the companies which are focusing on expanding their market base in the concerned market. This is achieved successfully with the assistance of numerous market strategies adopted by these companies, which include expansions, investments, and mergers & acquisitions.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis like industry analysis, comparison with the parent market, market share analysis of top players, vendor side analysis, and company profiles, which together comprise and discuss the basic views on the market dynamics, competitive landscape, usage patterns, emerging- and high-growth segments of the global gum arabic market, high-growth regions and countries and their respective regulatory policies, government initiatives, drivers, inhibitors, and opportunities.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or a combination of the five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) to strengthen their market share.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on Global Gum Arabic market offered by the top players in the global gum arabic market is provided
- Market Development: Comprehensive information about lucrative emerging markets is provided. The report analyzes the markets for various global gum arabic market across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global gum arabic market is provided
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the global gum arabic market are provided
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