According to a new report by Expert Market Research titled, “Global Corn Fibre Market Trends, Size, Share, Report and Forecast 2024-2032″, the global corn fibre market size is projected to grow at a CAGR of 6% between 2024 and 2032. Aided by the increasing health consciousness and demand for natural, fibre-rich food ingredients, the market is expected to grow significantly by 2032.
Corn fibre, derived from the corn milling process, is a natural, high-fibre ingredient widely used in the food and beverage industry. It is recognised for its beneficial properties, including high dietary fibre content, low calorie count, and gluten-free nature, making it a popular choice in health-focused food products.
The corn fibre market growth is primarily fuelled by the rising consumer inclination towards healthier diets and natural ingredients. The increasing prevalence of lifestyle diseases and a growing understanding of dietary fibre’s role in digestive health have led to a surge in demand for corn fibre-based products. Additionally, the versatility of corn fibre in various applications, from bakery goods to meat products, further drives market expansion.
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Corn fibre finds diverse applications in the food and beverage industry, including bakery products, cereals, snacks, and dietary supplements. Its use in the pharmaceutical industry as a fibre supplement and in the animal feed sector for its nutritional benefits influence the corn fibre market outlook.
Technological advancements in the processing and extraction of corn fibre have enhanced its quality and application range. Improved processing techniques have led to the production of more refined and concentrated forms of corn fibre, catering to specific industrial requirements.
According to the corn fibre market analysis, the production of corn fibre aligns with sustainability goals, as it utilises corn by-products, reducing waste in the corn milling process. The health benefits of corn fibre, including its role in weight management and gut health, have further endorsed its widespread use in health-oriented food products.
The market exhibits regional variations, influenced by dietary trends, health awareness levels, and the presence of food processing industries. North America and Europe dominate the market due to their advanced food processing sectors and high consumer awareness of dietary fibre benefits.
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Market Segmentation
The market can be divided based on form, application, and region.
Market Breakup by Form
• Liquid
• Powder
Market Breakup by Application
• Food and Beverage
• Pharmaceuticals
• Animal Nutrition
• Textile
• Personal and Cosmetics
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global corn fibre market. Some of the major players explored in the report by Expert Market Research are as follows:
• Archer Daniels Midland Company
• Ingredion Incorporated
• Roquette Frères
• Tate & Lyle Plc
• HL Agro Products Pvt. Ltd
• Others
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