Global Gum Arabic Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - (By Product Type Coverage, By Function Coverage, By End User Coverage, By Geographic Coverage and By Company)
Published Date: Jul 2024 |
Format:
| No. of Pages: 140
The global gum arabic market achieved revenue worth US$526.4 million in 2023.
North America holds the largest share of the global gum arabic market.
The primary factors projected to drive the expansion of the arabic gum market are the rising demand for the food and beverage industry, increasing pharmaceutical use, and expanding wellness and health advances.
In 2023, the acacia senegal category held a significant global market share.
The thickener segment constitutes a major share of the global gum arabic market.