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The gum arabic market size is forecast to increase by USD 543.6 million at a CAGR of 9.45% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for natural and clean-label ingredients in the food and beverage industry. This trend is driving the market as consumers are increasingly preferring products with minimal processing and no artificial additives. Additionally, the use of gum arabic in producing plant-based meat alternatives is another growth factor. However, fluctuations in the availability of gum arabic, primarily due to weather conditions and geopolitical issues, pose a challenge to market stability. Producers must ensure a consistent supply chain to meet the increasing demand and maintain market competitiveness.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Source
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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