Gum Arabic Market to Launch New Growth Cycle by 2022 to 2032
The demand for goods and services in the gum arabic market is projected to be worth US$ 897.3 million in 2022 and US$ 1,796.7 million from 2022 to 2032, growing at a CAGR of 7.2%. A CAGR of 5.9% was recorded for the market between 2016 and 2021.
The numerous applications of gum in various industries are driving the significant growth of the Arabic gum market. Gum arabic is a natural and versatile product used in the food and beverage, pharmaceutical, and cosmetics industries. Manufacturers are seeking for new applications to meet increased customer demand for na
Like
Comment
Share
