Farmington, April 17, 2023 (GLOBE NEWSWIRE) -- The Fibers & Specialty Carbohydrates Market Was Valued At USD 1.60 Billion In 2022 And Is Expected To Expand USD 2.68 Billion By 2030 at a CAGR Of 5.3% From 2022 To 2030. The most important parts of the study are the market segments, market forecasts, competitive landscape, and profiles of the companies. The segments give information from different points of view, such as the end-use industry, the type of product or service, and any other important segmentation based on the current state of the market, which covers different areas to do more marketing work.
The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, internal causes are what drive and stop the market. Chances and problems for the market come from things outside of it. In the part about the market's future, you can also see how trends affect the growth of new businesses and the chances of making investments.
Request Sample Copy of Report “The Fibers & Specialty Carbohydrates Market Size, Share& Trends Estimation Reports By Type Outlook (Fibers, Specialty Carbohydrates, Other), By Application Outlook (Functional Food, Functional Beverage, Dietary Supplements Animal Nutrition, Personal Care, Other), By Distribution Outlook (Online Stores, Specialty Stores, Others), By Region and Forecasts,2023-2030.”, published by Contrive Datum Insights.
Segmentation Overview:
Deployment Outlook:
Fiber is a form of carbohydrate that the human body cannot break down, allowing it to pass through the digestive tract and into the large intestine. The fiber's function in medical science is not limited, as it aids the digestive system in multiple ways and reduces the incidence of constipation. Various carbohydrate compositions must be coordinated to ensure the robust operation of the human body. For instance, sialic acid monosaccharide levels are associated with a potent but nuanced effect on the colon. The consumption of sialic acids promotes and stimulates the growth of organisms whose metabolic activities are aligned with sialic acid metabolism. However, simple and readily digestible glucose has detrimental effects on gut health as a whole. Glucosamine and chondroitin are also essential components of intestinal mucin, serving as a barrier between gut flora and the intestinal wall and possibly influencing gut permeability and intestinal immune mediation. Prebiotics are beneficial bacteria's dietary source, whereas probiotics are the class of beneficial bacteria. Therefore, fibers are prebiotics because they promote the growth of intestinal microbiota.
Organization Size Outlook:
The Fibers and Specialty Carbohydrates Market Report is a compilation of market-related information from multiple companies. The Fibers and Specialty Carbohydrates Market study examines quantitative and qualitative data and makes projections for 2023 to 2030. Numerous factors, including product pricing, product or service penetration at both country and regional levels, country GDP, market dynamics of parent market & child markets and application industries, major players, consumer purchasing behaviour, economic, political, and social scenarios of countries, and many others, are accounted for in the report. The research is divided into sections in order to examine the market from a variety of perspectives.
Regional Analysis:
Geographically, the market for fiber and specialty carbohydrates can be divided into North America, Europe, Asia-Pacific, South America, and the Rest of the World. In 2021, North America held the largest market share of 34% compared to other regions. This is owing to the predominance of companies operating across the United States and Canada border. This region has been dominant due to the presence of powerful actors in the region, as well as the increased disease burden and awareness associated with the availability of these products. In regions such as Canada, the prevalence of diabetes is 29% and is projected to reach 32% by 2030.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | CAGR of 5.3% from 2023 to 2030. |
| Revenue Forecast by 2030 | USD 2.68 Billion |
| By Type |
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| By Application |
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| By Distribution Channel |
|
| By Industries |
|
| By Companies |
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| Regions and Countries Covered |
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| Base Year | 2022 |
| Historical Year | 2017 to 2022 |
| Forecast Year | 2023 to 2030 |
Market Dynamics:
Fibers & Specialty Carbohydrates Market Segmentation Analysis - By Distribution Channel
The fibers & specialty carbohydrates market based on distribution channels can be further segmented into Offline and Online. Offline held a dominant market share in the year 2021 owing to the vast array of applications such as various bakery and confectionary items available on the offline shelf. Moreover, marketers have been trying to use traditional tools such as in-contact marketing, which allows the questioned consumer to interact with the salesperson of the end-product, which can allow them to understand the benefits of the product. Hence, probable customers become the company’s consumers post such sales. Hence, the majority of the product innovators introduce the product through such routes.
However, the Online segment is estimated to be the fastest-growing, with a CAGR of 5.9% over the forecast period of 2022-2027. It is owing to the various strategies being actively adopted by the end-product manufacturers which focus on reducing the middle-men and allow to the introduction of various discounts-cashback- and other membership benefits. Additionally, in cost-wars, artisanal products lose the edge, and predominant commercial manufacturers substitute them. For example, within the US, 85% of the commercial food and beverages are sold through large retail chains that adopt both offline-online channels.
Fibers & Specialty Carbohydrates Market Segmentation Analysis - By Application
The fibers & specialty carbohydrates market based on the application can be further segmented into Food and Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics, and Others. Food and Beverages held a dominant market share in the year 2021. It is owing to the excessive demands from various bakeries and other food manufacturers to add fibers in their end-product. Consumers are extremely conscious about the “product label”, and a trend governs that the overall purchasing decision is greatly correlated with the nutritional value of the product. Additionally, Baking Industry holds a sizable proportion. For example, Canada has an $8 billion worth Baking Industry, which substantially uses fiber and other ingredients to make the end-product.
However, Nutraceutical’s segment is estimated to be the fastest-growing, with a CAGR of 6.1% over the forecast period of 2022-2027. It is owing to a vast array of product launches that have started taking place within the segment. Additionally, consumers tend to show interest in gaining the necessary portion of RDI through the said route, which is estimated to be the driving factor for the market.
Key Segments Covered:
Top Market Players:
- Tate & Lyle
- ADM
- Cargill
- Incorporated.
- DuPont.
- DSM
- Roquette Frères.
- Südzucker Polska S.A.
- AJINOMOTO CO.
- INC.
- FMC Corporation.
- Grain Processing Corporation
- J. RETTENMAIER & SÖHNE GmbH + Co KG
- Prinova Group LLC.
- SunOpta.
- 15Five.
- Unilever
- RED BULL
- PepsiCo
- Arla Foods amba
- Nestlé
- Kellogg's Company
- Amway
- SUNTORY HOLDINGS LIMITED.
- Others
By Type
- Fibers
- Specialty Carbohydrates
- Other
By Applications
- Functional Food
- Functional Beverage
- Dietary Supplements
- Animal Nutrition
- Personal Care
- Other
By Industries
- Healthcare
- Retail
- Manufacturing
- Others
By Distribution Channel:
- Online Stores
- Specialty Stores
- Others
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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