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2025-06-06 16:32:13 -

Global Shellac Powder Market Set to Grow at 7.3% CAGR Through 2034

The global shellac powder market was valued at USD 716.6 million in 2023 and is projected to reach USD 1,583.2 million by the end of 2034. Driven by growing demand in pharmaceuticals, cosmetics, food coatings, and wood finishing applications, the market is anticipated to expand at a steady CAGR of 7.3% from 2024 to 2034. Rising interest in natural and biodegradable ingredients continues to...

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