Corn Fiber Market - Latest Trends and Regional Demand Prospects to 2028

1. Corn Fiber Market - Growth Statistics, Trends Analysis, Revenue and Forecast to 2028

2. 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.

3. 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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5. 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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