Smart Home Automation Is Fastest Growing Segment Fueling The Growth Of Cassia Gum Market
The global Cassia Gum Market is estimated to be valued at US$ 16.2 Mn or Million in 2023 and is expected to exhibit a CAGR of 6.1 % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Cassia gum is a natural gum extracted from the seed pods of the cassia tree. It is used as a thickening, stabilizing and gelling agent in various food products. It helps improve texture, mouthfeel and prevents separation in foods. Market key trends: One of the key trends in the Cassia Gum Market is its increasing usage in the Smart Home Automation industry. Cassia gum plays a crucial role as a binder and thickening agent in paints and coatings used for surfaces in smart homes. It helps produce coatings that are washable, flexible and have long lasting properties. The rapid growth of the smart home market driven by rising consumer preference for automated and tech-enabled homes supports the increasing demand for cassia gu...