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Market players are focused on increasing their market share by creating new soluble corn fibre formulations aligned with consumer preferences like clean labels and reduced sugar
Archer Daniels Midland Company (ADM) was founded in 1902 and is headquartered in Illinois, United States. The company produces and sells food ingredients, animal feed, and other agricultural products worldwide.
Ingredion Incorporated was founded in 1906 as Corn Products Refining Company and is headquartered in Illinois, United States. The company produces and sells ingredients for food, beverage, animal nutrition, paper and corrugating, brewing, and other industries globally.
Roquette Frères was founded in 1933 and is headquartered in Lestrem, France. The company produces food ingredients, pharmaceutical excipients and other plant-based products for customers worldwide.
Tate & Lyle PLC was founded in 1921 through the merger of Henry Tate & Sons and Abram Lyle & Sons. The company is headquartered in London, United Kingdom and produces food and beverage ingredients, industrial products, and solutions for customers globally.
Other key players in the global corn fibre market include HL Agro Products Pvt. Ltd, among others.
Corn Fibre Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The corn fibre market is expected to grow at a CAGR of 6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 1.62 billion by 2032.
The major drivers of the market include the shift towards healthy eating habits, rising disposable incomes, easy availability of the product, the rising demand for corn fibre in the food and beverages sector, and the robust growth of the textile and pharmaceutical sectors.
Key trends aiding market expansion include the rising demand for high-quality ingredients among customers and the growing awareness regarding the benefits of corn fibre in supporting bone mineralisation and maintaining intestinal health.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different forms of corn fibre are liquid and powder.
The major applications of corn fibre are food and beverage, pharmaceuticals, animal nutrition, textile, and personal and cosmetics, among others.
Key players in the market are Archer Daniels Midland Company, Ingredion Incorporated, Roquette Frères, Tate & Lyle Pic, and HL Agro Products Pvt. Ltd, among others.
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