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Report Overview
The global corn fibre market attained a value of USD 965.39 Million in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 6.10%, to reach USD 1745.25 Million by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
- The United States is the largest producer of corn in the world, accounting for 32% of global production in 2023-24. The top corn-producing states are Iowa (17%), Illinois (15%), Nebraska (12%), Minnesota (10%), and Indiana (7%).
- After the US, the other top producers are China (23% of global production), Brazil (11%), the European Union (5%), and Argentina (5%).
- Corn is the third largest grain crop in the world after wheat and rice.
Corn Fibre Market Analysis by Region
North America's dominance is fuelled by the presence of several pharmaceutical companies and a thriving food and beverage sector
North America has been a significant market for corn fibre in the past and is expected to dominate over the forecast period as well. The region’s growth is driven by well-established textile and pharmaceutical industries. Moreover, rising living standards and changing consumer views on nutrition are some of the major drivers boosting the corn fibre market growth in the region. In addition, industry players are investing in R&D to broaden the customer base, gain brand recognition, and diversify their product portfolio, which is also expected to boost market’s expansion in the region.
The Asia Pacific region is anticipated to attain a significant market share during the forecast period, driven by the presence of key pharmaceutical companies and the expanding food and beverage industry. China, a significant player in the Asia Pacific market, is expected to grow steadily due to its large-scale corn production. The region's textile industry is also expected to provide growth opportunities for the market.
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 6.10% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to USD 1745.25 billion by 2034.
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.
In 2024, the corn fibre market reached an approximate value of USD 965.39 Million.
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