The global karaya gum market is expected to witness moderate growth during the forecast period. Growth in revenue of karaya gum is primarily driven by an increase in consumer demand for food with natural ingredients coupled with the continued use of karaya gum in the pharmaceutical industry. According to a recently published report by Persistence Market Research titled “Karaya Gum Market: Global Industry Analysis (2012–2016) & Forecast (2017–2025),” the global market for karaya gum is expected to expand at a CAGR of 3.4% in terms of value during the forecast period 2017-2025. It has been observed that the global production of karaya gum has been declining since the past decade. This is mainly attributed to the cutting down of forests across major gum producing countries like India. The global karaya gum market is expected to reach a of US$ 90.1 Mn by 2025, owing to the increasing use of karaya gum in drug formulations and in the food industry.
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