Global Chicory Root Fiber: Market Outlook
Chicory root fiber is food ingredient which is extracted from chicory root and also called Inulin. Chicory root fiber is soluble dietary fibers with nutritional properties which are used in food and beverages industry. Chicory root fiber is as sweet as sugar, but have lower calories as compared to sugar. Chicory root fiber i.e. inulin is the food ingredient which helps to replace fat and sugar while improving the taste of the food products. Chicory root fiber helps in the improvement of body weight management and also stimulates absorption of calcium content in the body, which thus results in improved bone health. Dietary fibers like chicory root fiber, are considered as the special ingredient for health improvement and the enriched foods have been intensified manifolds due to its health stimulating properties.
Growing Demand for Chicory Root Fiber Owing Increased Demand for Functional Food Products.
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Consumers nowadays want to eat a healthy diet but owing to changing lifestyles as well as busy working schedule are not able to meet the daily requirement needs. Thus the demand for healthy food products is rising and thus having a positive impact on global chicory root fiber market. The increasing number of health-related issues like obesity as well as diabetes, increase demand for chicory root fiber as it helps in weight reducing as well as reduces blood-sugar functionalities. The growing use of chicory root fiber is increasing in food and beverage products as well as nutritional supplements due to the health and nutritional benefits increases the demand for chicory root fiber market. The increased use of chicory root fiber as a prebiotic ingredient is one of the important factors that drive the growth of the chicory root fiber market. The increased functionalities of chicory root fiber in pharmaceutical sectors are also influencing the growth of the market.
Global Chicory Root Fiber: Market Segmentation
On the basis of Form, the global chicory root fiber has been segmented as:
- Powder
- Solid
On the basis of end-use, the global chicory root fiber has been segmented as:
- Food and beverages
- Bakery & Confectionary
- Breakfast Cereals
- Diary
- Frozen Products
- Others
- Pharmaceutical Industry
- Nutraceuticals
- Dietary Supplements
- Sports and Energy Nutrition
On the basis of the distribution channel, the global chicory root fiber has been segmented as:
- Business to Business
- Business to Customers
- Retailers
- Supermarket
- Hypermarket
- e-Commerce
Global Chicory Root Fiber: Market Players
Some of the market players of Chicory root fiber are COSUCRA, Jarrow formulas, Cargill Incorporated, Delecto Foods Private Limited, Beneo-Orafti SA, The Tierra Group, Sensus B.V., Ciranda, Inc., Fenchem, Inc., Wuxi Cima Science Co. Ltd SHAANXI SCIPHAR NATURAL PRODUCTS CO., LTD, and others.
Global Chicory Root Fiber: Market Opportunities
The demand for supplementary products and energy bars are rising due to health consciousness, which drives the opportunity for chicory root fiber products. European consumers have a high awareness of the need to reduce their dietary intake of fat and sugar. The growing trend and demand for the clean label as well as healthy food products has opened new opportunities for innovation and novel use of chicory root fiber in various products. Chicory root fiber can be used in the pharmaceutical industry especially during the production of tablet and syrup, which drives the growing demand for the product.
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Global Chicory Root Fiber Market: Regional Outlook
On the basis of regions, the global chicory root fiber market can be segmented as Oceania, Latin America, East Asia, North America, South Asia, and the Middle East & Africa. Chicory Root is grown mainly in the Netherlands, Northern France, and Belgium. It is been expected that the chicory root fiber market North America is going to have a high growth rate in terms of the increasing choices for chicory root fiber as well as increased demand for clean label foods. Europe is the next prominent market to witness huge growth in chicory root fiber due to higher demand for prebiotics.
Overview of the Report
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Technology
- Value Chain
- Market Drivers and Restraints
The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
- Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Poland, and Rest of Europe)
- East Asia (Japan, South Korea, and China)
- South Asia (India, Indonesia, Malaysia, Philippines, Thailand, Rest of South Asia)
- Oceania (Australia, and New Zealand)
- The Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
Report Highlights:
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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