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Konjac Market Overview:
The Konjac Market size is estimated to reach $ 1800 million by
2030, growing at a CAGR of 6.90% during the forecast period 2023-2030. konjac
market was a growing industry with increasing popularity worldwide. Konjac,
also known as Amorphophallus konjac, is a plant native to Asia, and its root is
commonly used to produce a dietary fiber known as glucomannan.
The konjac market was primarily driven by the rising demand for healthy and
natural food products. Glucomannan, extracted from konjac root, is a
water-soluble dietary fiber that has gained attention for its various health
benefits, including weight management, blood sugar regulation, and cholesterol
reduction. Additionally, konjac-based products were sought after for their
low-calorie and low-carb properties, making them popular among people following
specific diets or seeking healthier food options.
The konjac market included a variety of
products such as konjac noodles, konjac rice, konjac flour, konjac supplements,
and other konjac-based food items. These products were commonly found in health
food stores, specialty food shops, and some mainstream supermarkets.
Market Snapshot:
Konjac Market - Report Coverage:
The “Konjac Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the konjac market.
| Attribute | Segment |
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By Product Type |
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By End Use Industry |
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By Distribution Channels |
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By Geography |
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Konjac Market - Top Trends
Growing demand for low-calorie and healthy food alternatives: Konjac
products are popular among health-conscious consumers due to their low-calorie
content and various health benefits. Konjac-based foods are often used as
alternatives to high-calorie, carbohydrate-rich options, making them attractive
to those looking to manage their weight or improve their diet.
Increasing interest in plant-based and vegan products: Konjac
is a plant-based ingredient, making it suitable for vegan and vegetarian diets.
As the demand for plant-based foods continues to rise, konjac-based products
have gained popularity as a natural and sustainable alternative to
animal-derived ingredients.
Expanding use in the food industry: Konjac
flour, noodles, and other konjac-based products have found applications in the
food industry as thickeners, stabilizers, and gelling agents. They are used to
improve texture and enhance the sensory qualities of various food products,
such as desserts, sauces, and beverages.
Rising awareness of konjac's health benefits: Konjac is associated with various health benefits, including its ability to aid in weight loss, improve digestion, and regulate blood sugar levels. As consumers become more health-conscious, they are seeking out products that offer functional benefits, driving the demand for konjac-based foods and supplements.
Expanding market for skincare and beauty products: In addition to its culinary uses, konjac is also used in the beauty and skincare industry. Konjac sponges, made from the konjac root, are known for their gentle exfoliating properties and have become popular for cleansing and exfoliating the skin naturally.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Konjac Market Report. The top 10 companies in this industry are listed below:
Hubei Yizhi Konjac Biotechnology Co., Ltd
Konjac Innov
Miracle Noodles
NAH Foods
Shanghai Brilliant Gum Co.,Ltd
Ishibashiya
Slendier
Baoji Konjac Chemicals Co., Ltd
NOW Foods
FMC Corporation
Scope of the Report:
| Report Metric | Details |
|---|---|
Base Year Considered | 2022 |
Forecast Period | 2023–2030 |
CAGR | 6.9% |
Market Size in 2030 | $2 Billion |
Segments Covered | By Product Type, By End Use Industry, By Distribution Channels, By Geography |
Geographies Covered | North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
Key Market Players |
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The Konjac Market is forecast to grow at 6.90% during the forecast period 2023-2030.
The Konjac Market size is estimated to reach $ 1800 million by 2030, growing at a CAGR of 6.90% during the forecast period 2023-2030.
Top Companies in the Konjac Market are Shaanxi Jintai Konjac Industrial Development Co., Ltd, FMC Corporation, Shanghai Brilliant Gum Co. Ltd., Konjac Innov