Designer Fiber Market to be Worth US$ 263.9 million by 2033

The global designer fiber market is forecasted to increase from a valuation of US$ 166.7 million in 2023 to US$ 263.9 million by the end of 2033. Fact.MR has predicted global demand for designer fibers to rise at a CAGR of 4.7% from 2023 to 2033.
Designer fibers are increasingly playing a crucial role as functional ingredients in food items as a way to increase fiber content while retaining desired health and sensory qualities.

A hybrid fiber component called chitosan-coated konjac glucomannan is utilized to increase the viscosity of meals used for weight loss.

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Key Takeaways from Market Study:

• The global designer fiber market is valued at US$ 166.7 million in 2023.

• Worldwide sales of designer fibers are predicted to rise at a CAGR of 4.7% from 2023 to 2033.

• Global designer fiber demand is set to reach a value of US$ 263.9 million by 2033.

• Consumption of fruit-based designer fibers is set to evolve at a CAGR of 5.1% over the next ten years.

• The market in the United States is estimated to reach US$ 66.5 million by the end of 2033.

• The market in China is predicted to expand at 6.1% CAGR through 2033.

"Obesity and diabetes rates have increased significantly as a result of stressful lives. As a result, more people are moving towards nutritious diets and supplements. Introduction of functional food products into eating habits and lack of high-quality fruits & vegetables are having a favorable effect on worldwide demand for designer fibers," says a Fact.MR analyst

Competitive landscape:

Leading companies are attempting to increase their market share by improving their distribution networks through the acquisition of small businesses, the creation of new goods, and the expansion of their geographic reach. Some market participants concentrate on launching new products, new developments, quality control, and product standards to enhance their market position.
They focus on supply chain management to guarantee a smooth flow of their products across all geographies.

For instance :
• DuPont launched the Nurica enzyme in China. Thanks to this new and special enzyme, producers can now naturally produce galactooligosaccharides, which are dietary fibers.

• In 2020, Two new organic solutions were added by BENEO to its rice starch and chicory root fiber component line.

Key Companies Profiled:
• Ingredion
• Roquette Frères
• Tate & Lyle
• Custom Fiber
• BENEO GmbH
• PURIS Foods
• Emsland Group
• Kerry Group
• Taiyo International
• Farbest Brands
• Batory Foods

Key Segments of Designer Fiber Industry Research:

• By Source :
• Fruit-based
• Vegetable-based
• Grain-based
• Others

• By Type :
• Soluble Fibers
• Insoluble Fibers

• By Region :
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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What differences can the designer fibers report make on the revenue impacts and strategies of businesses?

Fact.MR strives to provide comprehensive assessments of opportunities in various regions and technology segments. The study also offers an uncluttered data-driven insights into the growth avenues of the designer fibers and all its segments. Some of the ways the study can make a discernible impact are by offering evidence-based perspectives on:

• Attractiveness quotient of emerging product/technology types in various products in the designer fibers

• Micro-economics factors that may hamper the prospects of some of the key segments

• Recent spate of research and development (R&D) funding on key designer fibers

• New business models paving way for disruptions in demand dynamic of key segments

• Regional markets that will be future engine of growth and the industry trends that will support these markets

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This release was published on openPR.