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Gum Arabic Market is Estimated to Witness High Growth Owing to Wide Range of Applications

The global gum arabic market has been witnessing significant growth attributed to its wide applications in various industries including food, pharmaceutical, printing & dyeing, cosmetics and others. Gum arabic or acacia gum is a natural gum made from the hardened sap of various species of the acacia tree. It is used as a stabilizer, emulsifier, thickening and binding agent in various food products such as soft drinks, candy, icing, syrups and others. In the pharmaceutical industry, it is used as a binder and excipient in tablet manufacture and medicines. It also finds applications in printing and dyeing due to its viscosity and emulsifying properties. Moreover, the rising health-consciousness among consumers and growing demand for natural ingredients in food and cosmetics have positively influenced its demand.
The Global Glass Tableware Market is projected to surpass US$ 654.1 million by the end of 2030, in terms of revenue, growing at CAGR
2 months ago

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