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Myrrh Resin Market Research Press Release – Food & Beverage Additives & Supplements Outlook

In 2024, the global Myrrh Resin market was valued at USD 215.4 million and is expected to reach USD 362.8 million by 2032, growing at a CAGR of 6.7% during the forecast period. The market growth is driven by rising consumer preference for natural additives, the increasing popularity of herbal supplements, and expanding applications in functional foods and beverages.

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Myrrh Resin Market Research Report 2033
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Myrrh Resin Market Research Report 2033

As per our latest market intelligence, the Global Myrrh Resin market size was valued at $178 million in 2024, and is forecasted to hit $312 million by 2033, growing at a CAGR of 6.4%.