Carrageenan Gum Market The global Carrageenan Gum market is anticipated to experience robust growth over the next decade. From an estimated market value of US$ 915.9 Million in 2022, projections indicate a substantial rise to US$ 1,355.7 Million by 2032, driven by a steady CAGR of 4.0% during the forecast period. This promising growth trajectory presents a …
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Projected Growth: Carrageenan Gum Market Expected to Reach US$ 1,355.7 Million by 2032
Carrageenan Gum market is growing as a result of its numerous uses in cosmetics, medications, and food. Its function as a thickening and natural stabilizer is a great fit for the growing market for products made from plants. It is anticipated to increase at a 4.0% CAGR from $915.9 million in 2022 to $1,355.7 million in …
Carrageenan Gum Market: Trends Together With Growth Forecast To 2031
As per a reseaech analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the global carrageenan gum market is expected to reach US$ 881.6 Mn in 2021. Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverage will facilitate growth, with the market expanding at 4.30% CAGR through 2031. Sales of carrageenan gum decline in 2020 due …
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