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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Corn Fibre Market Growth
Corn fibre is a carbohydrate and is produced through enzymatic hydrolysis of corn starch. It is used in various beverages, prepared foods, baked goods, fruit drinks and dairy products. These fibres are generally incorporated to foods to enhance the dietary fibre value without sacrificing on texture and taste. Also, corn fibres are increasingly used in textile applications as they are eco-friendly in nature, provide superior comfort, are stain and heat resistant. It is also used in animal nutrition and cosmetics.
The key drivers aiding the corn fibre market expansion include the increasing demand for foods high in fibre along with the presence of technology developments. However, the market faces challenges due to the presence of substitute products.
Corn Fibre Market Report Snapshots
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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Key Questions Answered in the Report
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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