Glucomannan
is a kind of water-soluble polysaccharide which is also considered as
a dietary fiber. Glucomannan is obtained from konjac root that helps
in curing many health conditions. Glucomannan is a hemicellulose
ingredient which is found in some species of plant. Glucomannan is a
type of food additive which is used as a thickener and emulsifier in
a variety of food products. Glucomannan is also used in nutritional
supplements for health problems such as obesity, high cholesterol,
and acne vulgaris. Glucomannan is also used in weight management
supplements. Glucomannan powder is a highly absorbent and absorbs
tremendous amounts of water. Glucomannan improves blood sugar control
and blood lipids along with improving issues in bowel health.
Glucomannan works in the intestines and stomach by absorbing water to
form a large fiber which helps in treating constipation. Glucomannan
is highly prized for its gelatinous consistency and takes on the
taste of whatever food is marinated and cooked. Glucomannan is mostly
used in form of powder or flour.
Global
Glucomannan: Market Segmentation
The
global
glucomannan market is
segmented on the basis of application, and region. The global
glucomannan market is segmented on the basis of application in which
glucomannan is used as a emulsifying and thickening agent in various
food products including confectionery such as candy, chocolates,
gummies, jelly; beverages such as fiber drinks, soft drinks, and
prepared soups, bakery products such as bread, cake, pancakes,
pastries, ice cream, canned meat products and sausages, pet-food meat
analogues, spreads such as fruit spreads, honey spreads and cheese
spreads and others products such as frozen food. The global
glucomannan market is segmented on the basis of end user such as
pharmaceuticals and weight management supplements. Hence, the global
glucomannan market is expected to significantly increase the revenue
contribution over the forecast period.
Global
Glucomannan Market: Regional Outlook
Geographically,
the global glucomannan industry can be divided by major regions which
include North America, Latin America, Europe, Asia Pacific and Middle
East and Africa. Globally, among all regions, North America has
developed as the dominant region in global glucomannan market
followed by Asia Pacific. Increasing demand for glucomannan as a
thickening agent in various food products, has strengthened the
growth of global glucomannan market and hence is projected to
significantly expand the revenue contribution of the market over the
forecast period.
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Global
Glucomannan Market: Growth Drivers
Growing
demand for glucomannan as a emulsifying and thickening agent in
various food products is a major factor driving the global
glucomannan market worldwide. Glucomannan is mostly used in weight
management supplements which is another major driving factor for
global glucomannan market. Manufacturers are offering innovative
glucomannan-based products to the consumers in order to remain in the
competition in the market. Many glucomannan producers are providing
healthier product offerings based on the increasing demand for
glucomannan as a better thickening agent in a variety of canned meat
products. Glucomannan helps in improving blood sugar levels in
diabetic people and helps in reducing cholesterol levels and bowel
health issues which is another major driving factor for the market.
Hence, the global glucomannan market is expected to observe robust
growth over the forecast period.
Global
Glucomannan Market: Key Players
Some
of the key players identified across the value chain of the global
glucomannan market include Konjac Foods, AuNutra® Industries Inc.,
Greenutra Resource Inc., Kowa India Pvt. Ltd, Baoji Konjac Chemcial
Co., Ltd, TIC Gums, Inc., Precision Nutrition Inc., FMC Biopolymer,
Green Fresh Group are among others. The companies are expected to
expand their business by enhancing their product portfolio in global
glucomannan market. The companies are projected to frame certain
strategies in future in order to gain the competitive advantage in
global glucomannan market till 2025.
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