Corn Fiber Market Overview, Growth, and Trends (2021-2031)

MARKET INTRODUCTION

Corn fibers are manmade fibers produced from naturally occurring plant sugars. They are made from seed coat and endosperm after the extraction of the starch, germ, and gluten. Corn fibers have superior performance advantages generally associated with synthetic fibers while also possess complementing properties of natural fibers such as wool and cotton. In the recent period, corn fibers have emerged as an environment-friendly substitute for synthetic fabrics and are increasingly used in not just making clothes, but also in home textiles and geotextiles.

MARKET DYNAMICS

In the food and beverage industry, corn fibers are widely incorporated in an array of meal replacement drinks, fruit drinks, baked goods, dairy products, beverages, etc. The increasing demand for corn fibers in the food processing industry to increase the fiber content and improving the taste and texture of foods and beverages has created immense opportunities for corn fiber producers. Burgeoning applications of corn fiber in the food sector to improve digestibility and the nutritional profile coupled with growing consumer awareness about the benefits of dietary fibers is likely to boost the consumption of corn fiber in the forecast period. The textile industry is also anticipated to generate significant demand for corn fibers owing as they offer stain resistance, remarkable comfort, and other benevolent properties. Corn fibers are, however, too frail and rigid, and hence their uses in the textile industry are restricted to only a few applications. This factor is likely to restrain the growth of the corn fibers market to some extent.

MARKET SCOPE

The "Global Corn Fiber Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the corn fiber market with detailed market segmentation by type, application, and geography. The global corn fiber market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading corn fiber market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global corn fiber market is segmented on the basis of type and application. On the basis of type, the corn fiber market is segmented into organic corn fiber and conventional corn fiber. The corn fiber market on the basis of application is classified into food, beverages, pharmaceutical, animal nutrition, textile, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global corn fiber market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The corn fiber market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the corn fiber market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the corn fiber market in these regions.

MARKET PLAYERS

The reports cover key developments in the corn fiber market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the corn fiber market are anticipated to lucrative growth opportunities in the future with the rising demand for corn fiber in the global market. Below mentioned is the list of few companies engaged in the corn fiber market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the corn fiber market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

•  Archer Daniels Midland Company
  
•  Cargill Incorporated
  
•  Doshi Group
  
•  Grain Processing Corporation
  
•  HL Agro
  
•  Ingredion Incorporated
  
•  J. Rettenmaier & Söhne GmbH & Co. KG
  
•  Roquette Freres
  
•  SunOpta, Inc.
  
•  Tate & Lyle PLC
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Corn Fiber Report Scope