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Key Players in Shellac Powder Market Drive Growth with Product Innovations

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The global shellac powder market, valued at US$ 716.6 Mn in 2023, is projected to grow at a CAGR of 7.3%, reaching US$ 1583.2 Mn by 2034. The market expansion is fueled by rising demand across food, pharmaceutical, and cosmetic industries due to its natural, biodegradable, and sustainable properties. Food-grade shellac holds a 42.6% market share, mainly for confectionery glazing and f... https://www.transparencymarketresearch.com/shellac-powder-market.html

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