According to a market report by Lucintel, the future of the global galactoarabinan market looks promising with opportunities in the pharmaceutical, cosmetics & personal care, food & beverage, and animal feed markets. The global galactoarabinan market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are the increasing global trend of using natural cosmetics, rising awareness and growing preference for luxury personal care, and rising consumers demand for clean-label food items, which are created with natural and identifiable components.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in galactoarabinan market to 2030 by application (additives, animal feed, pesticides, emulsifier, skin care, and others), end use (pharmaceutical, cosmetics & personal care, food & beverage, animal feed, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that skin care is expected to witness the highest growth over the forecast period.
Within this market, food & beverage is expected to witness the highest growth.
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North America is expected to witness highest growth over the forecast period due to substantial presence of key manufacturers, increase in industrial operations, as well as, rise in personal care and cosmetics activities.
Lonza, Green stove swiss, TRI K Industries, TCI Chemicals, and Oskia Skincare are the major suppliers in the galactoarabinan market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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