Press release
Corn Fiber Gum Market bound to grow at a significant CAGR for the assessment period 2018-2025
The corn fiber gum is an emulsifier produced from the waste corn fiber. The corn fiber gum can widely be used as an alternative to acacia gum as acacia gum is costly to import and it is produced in countries which are politically disturbed and unregulated in terms of the market. The corn fiber gum is a lot cheaper to produce and export, as the corn fiber is easily available in different sectors, were corn cob is used as a primary product.
A pound of waste corn fiber cost less than a dollar in Northern America. The corn fiber gum market is a new scope in the pharmaceutical and food & beverage market. Due to a recent breakthrough in the field of the targeted medicine, the corn fiber gum can be used as the carrier for medicines. As an emulsifier, a single unit of corn fiber gum can hold oil droplets use for flavoring and aroma, more than 15 times than the average emulsifiers present in the market.
The global food additive market value is shooting rocket high and a new and cheaper product in the market will surely create a good business opportunity. The global Corn Fiber Gum market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Corn Fiber Gum in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Monsanto
Bayer
Eastman Chemical
Grain Processing
Corn Products International
By the product type, the market is primarily split into
CGF I
CGF II
By the end users/application, this report covers the following segments
Food And Beverage
Pharmaceutical
Personal Care
Stationary
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