Global Konjac Market - 2023-2030
Market Overview
The Global Konjac Market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 7.1% during the forecast period (2023-2030).
Konjac is a root vegetable grown in some regions of Asia. It is well known for its starchy corm, an underground, tuber-like portion of the stem. The corm is used to create glucomannan, a valuable source of soluble dietary fiber. It has been used to make noodles and snacks as well as traditional medicines.
Market Dynamics
Increasing Health Consciousness Among Consumers Towards Konjac Health Benefits
Consumers have grown increasingly selective about the food products they consume as a result of their increased health consciousness. For many years, the APAC region used konjac fibers as traditional medicine.
Foods made from konjac, including flour, pasta, noodles, fruit jelly and others, have a wide range of health advantages, including the management of diabetes, weight loss, cholesterol control, constipation, detoxification, cough and acne.
The Rising Consumption of Konjac Associated With its Health Functions
Konjac is becoming more popular with the high consumption in the world due to its numerous uses. In the form of gum, powder, flour, and dietary fiber, it is widely used. Among them, konjac flour is in high demand from all over the world.
A major factor in this extraordinary demand is the growing use of konjac as a thickener, ingredient, and additive in the food and beverage sector. In light of the expanding demand for thickening, gelling, and stabilizing agents, the Konjac market will experience an increase in sales over the coming years.
COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it to pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
Segment Analysis
The global Konjac market is segmented based on form, application, and region.
Increasing Demand for Konjac in the Food and Beverages Industry With its Unique Properties
The food and beverages segment has highest market share over the past few years, and the trend is anticipated to continue over the next seven years. Due to unique properties offering health benefits like a strengthened immune system, the food and beverage industry have become the primary end-use.
The FDA, which supports the use of konjac in several foods and beverages, is one government agency that is expected to provide strong support for the market's expansion prospects.
Geographical Analysis
Increasing Consumption of Poultry Meat in Asia Pacific Associated With Easy Accessibility
The Konjac industry in the Asia Pacific has expected to have the highest growth rate by 2030 due to the significant exporters of Konjac products in the region, such as Indonesia International Konjac.
In addition, the rising appeal of Japanese foods like shirataki and konjac noodles can be credited with the expansion of the local industry. The reason for this is that more consumers are embracing healthy eating and exploring alternative dining options.
Competitive Landscape
The major global players are Hubei Yizhi Konjac Biotechnology Co., Ltd, Zeroodle, Miracle Noodle, NAH Foods, IHerbs, Slendier, Shanghai Brilliant Gum Co. Ltd, Henan Xin Industry Co. Ltd., Baoji Konjac Chemical Co., Ltd., and NOW Foods.
Why Purchase the Report?
• To visualize the global Konjac market segmentation based on form, application, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Konjac market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The Global Konjac Market Report Would Provide Approximately 53 Tables, 52 Figures and 105 Pages.
Target Audience 2023
• Manufacturers / Buyers
• Industry Investors / Investment Bankers
• Research Professionals
• Emerging Companies
- 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Definition and Overview
- 3. Executive Summary
- 3.1. Snippet by Form
- 3.2. Snippet by Application
- 3.3. Snippet by Region
- 4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. XX
- 4.1.1.2. XX
- 4.1.2. Restraints
- 4.1.2.1. XX
- 4.1.2.2. XX
- 4.1.3. Opportunity
- 4.1.3.1. XX
- 4.1.3.2. XX
- 4.1.4. Impact Analysis
- 5. Industry Analysis
- 5.1. Porter's Five Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
- 6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Before COVID-19 Scenario
- 6.1.2. Present COVID-19 Scenario
- 6.1.3. Post COVID-19 or Future Scenario
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During the Pandemic
- 6.5. Manufacturers’ Strategic Initiatives
- 6.6. Conclusion
- 7. By Form
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 7.1.2. Market Attractiveness Index, By Form
- 7.2. Gum*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Flour
- 7.4. Dietary Fiber
- 7.5. Sponge
- 8. By Application
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 8.1.2. Market Attractiveness Index, By Application
- 8.2. Food and Beverage*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Pharmaceuticals
- 8.4. Cosmetics and Personal Care
- 9. By Region
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 9.1.2. Market Attractiveness Index, By Region
- 9.2. North America
- 9.2.1. Introduction
- 9.2.2. Key Region-Specific Dynamics
- 9.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 9.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 9.2.5.1. The U.S.
- 9.2.5.2. Canada
- 9.2.5.3. Mexico
- 9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Key Region-Specific Dynamics
- 9.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 9.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 9.3.5.1. Germany
- 9.3.5.2. UK
- 9.3.5.3. France
- 9.3.5.4. Italy
- 9.3.5.5. Spain
- 9.3.5.6. Rest of Europe
- 9.4. South America
- 9.4.1. Introduction
- 9.4.2. Key Region-Specific Dynamics
- 9.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 9.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 9.4.5.1. Brazil
- 9.4.5.2. Argentina
- 9.4.5.3. Rest of South America
- 9.5. Asia-Pacific
- 9.5.1. Introduction
- 9.5.2. Key Region-Specific Dynamics
- 9.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 9.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 9.5.5.1. China
- 9.5.5.2. India
- 9.5.5.3. Japan
- 9.5.5.4. Australia
- 9.5.5.5. Rest of Asia-Pacific
- 9.6. Middle East and Africa
- 9.6.1. Introduction
- 9.6.2. Key Region-Specific Dynamics
- 9.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 9.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10. Competitive Landscape
- 10.1. Competitive Scenario
- 10.2. Market Positioning/Share Analysis
- 10.3. Mergers and Acquisitions Analysis
- 11. Company Profiles
- 11.1. Hubei Yizhi Konjac Biotechnology Co., Ltd*
- 11.1.1. Company Overview
- 11.1.2. Product Portfolio and Description
- 11.1.3. Financial Overview
- 11.1.4. Key Developments
- 11.2. Zeroodle
- 11.3. Miracle Noodle
- 11.4. NAH FoodsThe Leo Group
- 11.5. IHerbs
- 11.6. Slendier
- 11.7. Shanghai Brilliant Gum Co. Ltd
- 11.8. Henan Xin Industry Co. Ltd.
- 11.9. Baoji Konjac Chemical Co., Ltd.
- 11.10. NOW Foods
- LIST NOT EXHAUSTIVE
- 12. Appendix
- 12.1. About Us and Services
- 12.2. Contact Us
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook