Organic Binders Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast
An organic binder is an ingredient of biological origin and used to bind two or more materials to form a cohesive mixture. According to Market Research Future (MRFR), the global organic binders market is expected to garner a valuation of USD 191.3 MN by the end of 2030. In its recently published analysis, MRFR also asserts that the market would register a CAGR of over 4.43% over the assessment period (2022–2030). The growing application expanse of organic binders in the food, pharmaceuticals and cosmetics industry is driving a large market. The growing demand for gluten-free baking, personal care products, incense, organic pigments and others is driving a large growth for the organic binders market. Organic binders are also finding large application in cosmetic industry in form of mascara, eyeliners, and others. The pharmaceutical and wellness sector is employing organic binders in products such as laxatives and toothpaste formulation. The expanding use of cosmetics, owing to expa...