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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Corn Fibre Market Share
The liquid form segment is expected to experience significant growth, driven by its increasing use in food and beverage applications
The liquid form of corn fibre is a popular choice in various industries due to its versatility and ease of use. It is often used in food and beverage applications, such as in the production of soft drinks, juices, and other liquid products. The liquid form is also used in pharmaceutical applications, where it serves as an excipient or a carrier agent for active pharmaceutical ingredients.
The powder form of corn fibre is widely used in food, pharmaceutical, and textile applications. As per corn fibre market analysis, it is preferred for its ease of storage, transportation, and handling, as well as its ability to be easily incorporated into a variety of products. The powdered form is used in food products to improve texture, increase moisture retention, and extend shelf life. It is also used in pharmaceutical applications, particularly in the production of tablets, capsules, and other solid dosage forms.
The market exhibits significant growth potential across various applications, driven by the increasing awareness of the benefits of corn fibre in different industries
The demand for corn fibre in the food and beverage industry is driven by the increasing consumer preference for natural and healthy ingredients. Corn fibre is used to enhance the nutritional profile of various products, such as dairy items, prepared foods, and baked goods, due to its high nutritional content and functional properties. The rising popularity of health drinks, meal replacement beverages, and products with added fibre content and reduced sugar levels is expected to boost the demand for corn fibre in this segment.
The pharmaceutical application segment is anticipated to hold a large corn fibre market share as corn fibre is being utilised in the production of pharmaceutical products and medicines to enhance their nutritional benefits. Moreover, the use of soluble corn fibres to improve bone strength in post-menopausal women and their effectiveness in chronic disease management, including diabetes, are key factors expected to accelerate the demand for corn fibre in pharmaceutical applications.
In addition, corn fibre fabrics are gaining acceptance in various textile applications, such as non-woven, industrial textile, and home textile products like window coverings and diapers. The increasing consumer demand for sustainable textile materials and the unique properties of corn fibre, such as natural moisture-wicking and antibacterial properties, are driving its popularity in the textile industry, especially in sportswear and activewear.
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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