Asia Pacific Gum Arabic Market was worth USD 131.85 million in 2016 and estimated to be growing at a CAGR of 6.9%, to reach USD 184.07 million by 2021. Gum arabic is a natural emulsifier and a stabiliser made from the branches of acacia senegal and acacia seyal trees. Gum Arabic consists of a soluble dietary fibre and also acts as a probiotic in food and beverage industry. Gum Arabic has a higher demand in each year owing to wide industrial uses ranging from food industry to painting industry.
The gum arabic market is driven by rising demand in end-user industries, especially food & beverages, pharmaceuticals, and textiles. Additionally, major shift from synthetic chemicals and materials toward naturally sourced products is anticipated to increase demand for gum Arabic in the food & beverages industry. Current sales of gum arabic have dropped to almost half of the all-time peak volumes. This can be attributed to climatic changes due to global warming, excessive exploitation of the acacia tree forests, and political instability of the chief producing nations. Furthermore, chemical manufacturers have developed several synthetic substitutes for emulsification applications. These substitutes, although they cannot match gum arabic’s superior emulsifying capabilities, can be manufactured securely as per market demand.
The market for Gum Arabic is broadly categorized into application, function and type. By application the market is classified into Confectionery, Beverage products, bakery products, dairy products and sauces and dressings. The food and beverage segment is dominating the market. By function the market is segmented into thickener, fat replacer, stabilizer, gelling agent, coating agent and texturant. By type, the market is further analysed under Senegalia Senegal gum and vachellia seyal gum. Senegal gum produces hard gum which is considered good quality owing to having wider applications across the food industry. On the basis of geography, the market is analysed under various regions namely India, China, Japan, Australia and South Korea. Asia Pacific region is expected to grow at a high CAGR.
The key players of the market include Gum Arabic Company (Sudan), Nexira (France), TIC Gums (U.S.), Kerry Group (Ireland), and Alland & Robert (France), among others.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Introduction
5.1.2 Confectionery
5.1.3 Beverage products
5.1.4 Bakery products
5.1.5 Dairy products
5.1.6 Sauces and dressings
5.1.7 Y-o-Y Growth Analysis, By Application
5.1.8 Market Attractiveness Analysis, By Application
5.1.9 Market Share Analysis, By Application
5.2 Function
5.2.1 Introduction
5.2.2 Thickener
5.2.3 Fat replacer
5.2.4 Stabilizer
5.2.5 Gelling agent
5.2.6 Coating agent
5.2.7 Texturant
5.2.8 Y-o-Y Growth Analysis, By Function
5.2.9 Market Attractiveness Analysis, By Function
5.2.10 Market Share Analysis, By Function
5.3 Type
5.3.1 Introduction
5.3.2 Senegalia Senegal Gum
5.3.3 Vachellia Seyal Gum
5.3.4 Y-o-Y Growth Analysis, By Type
5.3.5 Market Attractiveness Analysis, By Type
5.3.6 Market Share Analysis, By Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Application
6.1.3.3 By Function
6.1.3.4 By Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Application
6.1.4.3 By Function
6.1.4.4 By Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Application
6.1.5.3 By Function
6.1.5.4 By Type
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Gum Arabic Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Nexira
8.3 TIC Gums
8.4 Kerry Group
8.5 Alland & Robert
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
