Gum fiber industry demand is anticipated to register around 10% CAGR between 2021 and 2027, propelled by the increasing inclusion of gum fiber in the food & beverage processing industry.

The global gum arabic market was valued at $578.7 million in 2014 and is projected to reach $800.3 million by 2019 growing at a CAGR of 6.7% during the forecast period. Confectionery is the largest application segment of gum arabic globally and it accounts for 25% in 2014.
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