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.
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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.
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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