Cibi e Bevande
The Corn Fiber Market slated to surpass $1.8 billion by 2028, Says Global Market Insights Inc.
Corn fiber is a carbohydrate that is made through the enzymatic hydrolysis of corn starch. It finds extensive usage in dairy products, fruit drinks, prepared foods, baked goods, beverages, and meal replacement drinks. Surging need for high fiber ingredients in animal feed has boosted the demand for corn products, thereby impelling market growth in recent years. Notably, high consumption of healthy snacks and nutritional beverages is set to create massive growth potential for the market through the forecast period.
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Corn fiber offers several benefits like enhanced lipid metabolism and reduced blood glucose and insulin response, which has supported product adoption in the pharmaceutical industry. Owing to these factors, the corn fiber market share from the pharmaceutical application segment is poised to observe substantial growth through 2028.
On the other hand, the textile application segment is primed to garner a notable valuation by the end of 2028, growing at a sturdy pace over the review timeline. Mounting product adoption in textile applications owing to vital features like superior comfort, environment friendliness, and heat and stain resistance is speculated to foster segmental outlook in the coming years.
1. Mounting adoption in beverages.
2. High consumption in textile applications.
3. Prevalent utilization in pharmaceuticals industry.
4. Growing usage as nutritional additives in dietary supplements.
In terms of application, the beverages segment is slated to register solid growth at a CAGR of more than 13% through the study timeframe to be valued at above
USD 370 million by 2028. Growing awareness pertaining to low-calorie and sugar-free beverages is foreseen to drive segmental development in the forthcoming years.
On the regional spectrum, the North America corn fiber industry is anticipated to exceed a valuation of USD 700 million by 2028. Soaring demand for high fiber foods, coupled with widespread availability of maize, is likely to support regional market growth over the forecast timespan.
https://www.gminsights.com/roc/4587
Following the onset of COVID-19, it was observed that a large number of patients infected with the novel coronavirus experienced gastrointestinal symptoms like nausea, diarrhea, abdominal pain, and so forth. To that effect, some studies found that a diet rich in fiber could help control the inflammation caused by COVID-19. As a result, growing prominence of fiber has positively influenced the uptake of corn fiber in varied industry verticals, which has facilitated market growth during the pandemic.
Major companies functioning in the global corn fiber industry include Cargill Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Taste & Lyle PLC, HL Agro, Roquette Freres, Grain Processing Corporation, J. Rettenmaier & Sohne GmbH & Co. KG, SunOpta, Inc., Doshi Group, and others.
Global Market Insights Inc., headquartered in Delaware , U.S., is a global market research and consulting service provider. Offering syndicated and custom research reports, growth consulting and business intelligence services, Global Market Insights Inc. aims to help clients with penetrative insights and actionable market data that aid in strategic decision making.
Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
Phone: +1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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