Liquid Gum Arabic Market - Global Industry Analysis by Size, Share and Forecast 2020 – 2027
Market Highlights The demand for gum arabic is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Liquid Gum Arabic Market Research Report- Forecast to 2023 that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period. Gum arabic is type of natural gum obtained from various species of the acacia tree. Majority of gum arabic is collected from Acacia Senegal species across the world. Gum arabic is largely used for making the chilled, sweetened, and flavored desserts in Middle East and African region. Many food and beverage manufacturers use gum arabic as emulsifier, thickening agent in icing, filling, chewing gum and other confectionery products. Gum arabic application in pharmaceutical along with personal care products is growing at signific