Corn Fiber Market - Regional Trends Insights and Future Growth Estimations to 2028

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Corn Fiber Market - Growth Statistics, Trends
Analysis, Revenue and Forecast to 2028
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• Corn Fiber Market Size is expected to surpass USD
  1.8 billion by 2028. Increasing utilization in
  pharmaceuticals and dietary supplements as
  nutritional additives will propel industry
  growth.
• According to market analysis, some major findings
  of the corn fiber market report include
• The increasing animal feed industry is creating
  demand for high fiber ingredients especially corn
  products led to increased consumption of the corn
  fiber market which is driving the market growth.
• Specialty yarns such as corn-based and
  soybean-based corns are growing in demand owing
  to the trend for sustainability and
  eco-friendliness.
• Increasing consumption of healthy snacks and
  nutritional beverages will create new growth
  opportunities for industry growth.
• Key benefits of corn fiber such as improved lipid
  metabolism, lower blood glucose insulin
  response are likely to augment the product
  penetration in the pharmaceutical industry
• The surging disposable income, lifestyle
  improvements, and promotion of organic food owing
  to its benefits will increase the demand for corn
  fiber during the forecast period.
• The corn fiber market for beverage applications
  is expected to grow at a CAGR of 13 up to 2028.
  Rising awareness towards sugar-free and
  low-calorie beverages has boosted the sales of
  the market.

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• According to market analysis, advances in
  ingredient technology have enabled formulators to
  incorporate levels of corn fiber in beverages.
  Moreover, growing consumer focus towards healthy
  living and adoption of health-beneficial organic
  products in diet will create lucrative
  opportunities for business growth. Factors, such
  as a paradigm shift towards healthy eating habits
  and rising disposable income accompanied by
  favorable prebiotic properties are likely to
  boost product penetration rate. Besides, surging
  product adoption in textile applications driven
  by key aspects such as eco-friendly nature,
  superior comfort, stain resistance, and heat
  resistance will further foster industry growth.
• As per market trends analysis, beverage
  applications are an important part of the market
  and will surpass USD 370 million by 2028. Corn
  fiber is a carbohydrate and is produced through
  enzymatic hydrolysis of corn starch. It is used
  in an array of beverages, prepared foods, dairy
  products, baked goods, fruit drinks, and meal
  replacement drinks. Shifting consumer's
  preferences towards high-protein and healthy
  drinks is expected to drive segment growth.
  Besides, increasing transition from consuming
  traditional drinks to fruit cocktails and
  nutritional beverages will further stimulate the
  market demand.
• Rising prevalence of intestinal health disorders
  has led consumers to opt for products containing
  natural ingredients. Besides, increasing demand
  for prebiotics such as fruit drinks, powder
  beverages, and alcoholic beverages plays a key
  role in regional business expansion.

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• Regional Analysis

• According to industry analysis, Europe corn fiber
  market is anticipated to surpass USD 570 million
  by 2028. Modifications in the food labeling
  regulations accompanied by consumer-driven
  movements such as clean label are supporting
  the corn-based dietary fiber adoption rate in the
  region. For instance, new Regulation (EU) No
  1169/2011 for labeling in Europe highly focuses
  on improving transparency in relation to food
  information.

• Competitive Analysis

• The corn fiber market is moderately fragmented
  with the presence of multinational corporations
  and growing manufacturers including Archer
  Daniels Midland Company, Cargill Incorporated,
  Ingredion Incorporated, Roquette Freres, Taste
  Lyle PLC, Grain Processing Corporation, SunOpta,
  Inc., J. Rettenmaier Sohne GmbH Co. KG, HL
  Agro, Doshi Group. Key players are expected to
  invest in a strong marketing plan, market
  penetration, and expansion to gain a competitive
  advantage and enhancement of the consumer base.
  In May 2019, Roquette Freres opened new Research
  Development laboratory premises in Panevezys,
  Lithuania. This strategy will help the company to
  develop innovative products and strengthen its
  position in European corn fiber market.

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