Global Corn Fiber Market Size, Trends and Growth Opportunity, By Type (Organic Corn Fiber and Conventional Corn Fiber) By Product (Food and Beverages, Pharmaceuticals, Animal Nutrition, Textile and Other), By Region and Forecast Till 2027
Global Corn Fiber Market
The global Corn Fiber market was valued at USD790 million in 2021 and it is expected to reach at
USD 1.7 billion in 2027 at a CAGR of 13 % during forecast period 2022-2027.
Corn fiber is an agricultural product or it is a carbohydrate which is prepared from corn starch. It is
widely used in beverages, dairy products, baked goods, fruit drinks and other. The growth of corn
fiber market is escalating with increase in demand for dietary supplements, consumer inclination
towards organic food products. Further, corn fibers are highly used in home and apparel industry.
Market Drivers
The growing demand for healthy eating habits incorporate corn fiber extracts in the regular diet, as
it helps in maintaining calcium in the body. Also corn fiber has wide range of application, along with
awareness among consumer regarding health benefits of fiber surge the growth of this market.
Moreover, corn fibres are also used as dietary supplement for animal feeding such as Poultry,
fisheries and ruminants. Corn Fibers are promptly used in textile industry such as blanket, carpet,
fleece, jeans and others which fuel the growth of corn fiber market.
Market Restraints
Corn fibers are too rigid and frail and hence their uses in textile are restricted to only a few
applications, these are one of the key factors restraining the growth of corn fiber market. Also large
amount of consumption of corn fiber products may cause digestive issues such as gas, bloating and
cramping as it is found in many processed foods. These are the factors which restraining the growth
of this market upto an extent.
COVID-19 Impact on Corn Fiber Market
With the outbreak of covid-19 the corn fiber market adversely affected due to reduced
manufacturing of corn fiber containing products, supply chain also disrupted due to lack of
transportation facilities and stringent regulation imposed by government. On the other hand, it
used in several recipes in home in lockdown.
Market Segmentation
The global Corn Fibers market segmented on the basis of Type and Application. On the basis of type
it segmented into organic corn fiber and conventional corn fiber. On the basis of application, it
segmented into food and beverages, pharmaceutical, animal nutrition, textiles and others.
Regional Analysis
The global corn fibers heating market segmented into five regions North America, Europe, Latin
America, Asia Pacific, Middle East and Africa. North America is expected to remain at the forefront
and hold the highest position in forecast period. As pharmaceutical and textile industries is likely to
grow in this region. Corn fiber are also widely used as a diet supplement, demand for dairy products
are also rising in north America along with Asia pacific and Europe stimulate the growth of this
market.
Key Players
Various key players are listed in this report such as Archer Daniels Midland Company, Cargill
Incorporated, Doshi Group, Grain Processing Corporation, HL Agro, Ingredion Incorporated, J.
Rettenmaier & Sohne GmbH & Co. KG, Roquette Freres, SunOpta, Inc and Tate & Lyle PLC.
Market Taxonomy
By Type
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