SELBYVILLE, Del., July 1, 2021 /PRNewswire/ — The gum fiber market value is projected to cross USD 1.97 billion by 2027, according to a new research report by Global Market Insights Inc. Growing demand for fiber-rich products and functional properties associated with gum fiber is projected to fuel the market demand across the globe.

The gum fiber industry from food applications is anticipated to surpass USD 500 million by 2027. As it is predominantly used in food manufacturing as stabilizers, thickeners and emulsifiers, gum fibers find application in food products including frozen foods, beverages, and dairy. Guar gums are predominantly used in this industry. Moreover, gum fibers are majorly used in confectionery product manufacturing. Gum Arabica is commonly used for this type of product manufacturing. This product is used to improve texture, provide long-lasting flavor release…

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