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Shellac Powder Market Poised for Strong Growth: Projected to Reach US$ 1.6 Billion by 2034 | Transparency Market Research
GlobeNewswire·2025-01-29 14:39

The global shellac powder market is witnessing rapid expansion, driven by its diverse applications in the food, pharmaceutical, cosmetics, and industrial sectors. With a value of US$ 716.6 Mn in 2023, the market is forecast to grow at a robust CAGR of 7.3%, reaching US$ 1.58 Billion by 2034. As consumer demand for natural products continues to rise, the global shellac powder market is poised for sustained growth.Wilmington, Delaware, Transparency Market Research Inc., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Shell ...