Europe Gum Arabic Market is expected to be worth USD 232.44 million in 2024 and is estimated to be growing at a CAGR of 6.6%, to reach USD 319.95 million by 2029.
Gum Arabic consists of a soluble dietary fiber and also acts as a probiotic in the food and beverage industry. The importance of gum Arabic as a thickening agent in the production of chewing gums, as a binder for manufacturing watercolor paints, as an additive in ceramic glazes, and as an adhesive for rolling papers used in cigarettes makes it among the most useful natural emulsifier in the world. However, climatic changes due to global warming, excessive exploitation of the acacia tree forests, and political instability of the chief producing nations are some of the major restraints of the market. Furthermore, chemical manufacturers have developed several synthetic substitutes for emulsification applications.
Gum Arabic Company (Sudan), Nexira (France), TIC Gums (U.S.), Kerry Group (Ireland), Alland & Robert (France) are some of the notable companies in the Europe Gum Arabic market.
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