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Bay Leaf Market 2024-2034: Trends & Growth Insights
The global bay leaf market is projected to grow significantly, with an estimated value of USD 828.3 million in 2024, expected to reach USD 1,225.6 million by 2034, expanding at a CAGR of 5.0% during the forecast period. This growth is fueled by the increasing demand for natural and aromatic ingredients in culinary, pharmaceutical, and personal care applications. Bay leaves, known for their rich flavor and medicinal properties, are gaining traction as a versatile ingredient across multiple industries.
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3021
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Food and Beverage
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