"Global Gum Arabic Demand Forecast: 7.2% CAGR and USD 1,796.7 Million Market Value by 2032
The global demand for gum Arabic is projected to reach USD 897.3 million in 2022, with an expected compound annual growth rate (CAGR) of 7.2%, increasing to USD 1,796.7 million by 2032. Between 2016 and 2021, the market experienced a CAGR of 5.9%. Gum Arabic, better known as acacia gum, comes across as a natural emulsifier and finds its applications in...
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