Microbial-derived Fiber Market Gains Momentum at a CAGR of 9.8% to Hit US$ 62.33 Million by 2033

The global microbial-derived fiber market is predicted to expand at an impressive CAGR of 9.8% and touch a valuation of US$ 62.33 million by 2033, up from US$ 24.47 million in 2023.

A type of dietary fiber called microbial-derived fiber is created when specific bacteria ferment. Fiber is produced as a byproduct of these microorganisms, which are typically bacteria or yeasts, as they break down complex carbohydrates. Microbial or fermentable fiber is the name given to the resultant fiber. Microbial fibers are distinct from the conventional dietary fibers present in meals that come from plants, such as fruits, vegetables, whole grains, and legumes. While microbial-derived fibers are created by the metabolic activity of microorganisms, plant-based fibers are obtained from the structural elements of plants.

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Key Takeaways from Market Study:

• The global microbial-derived fiber market is worth US$ 24.47 million in 2023.

• Worldwide demand for microbial-derived fibers is forecasted to surge at a CAGR of 9.8% from 2023 to 2033.

• The market is expected to achieve a valuation of US$ 62.33 million by 2033.

• The United States market is projected to reach US$ 14.46 million by 2033.

• Global demand for natural microbial-derived fibers is anticipated to swell at a CAGR of 10.1% during the forecast period.

"Growing awareness of the importance of gut health has provided a favorable climate for the demand growth of microbial-derived fibers. More customers are looking for items that promote gut health, and the food industry is responding by adding these fibers into functional foods and beverages. Consequently, microbial-derived fibers are becoming more popular as part of a broader emphasis on gut health and overall well-being," says a Fact.MR analyst.

Consumers nowadays are looking for food and beverage products that provide health benefits in addition to basic nourishment. Microbial-derived fibers are considered natural and useful additives, with benefits such as increased dietary fiber, enhanced texture, and lower fat and sugar content. These fibers are derived from natural sources, frequently through fermentation methods, which appeals to consumers who seek products with clean labels and minimal processing.The need for healthier and more natural options in the food and beverage industry is driving market expansion.

Advancements in fermentation technology have also played a significant role in the expansion of the global market. The development of effective and scalable fermentation techniques has made it easier to create microbial-derived fibers on a commercial scale. This has resulted in improved availability and cost-effectiveness of these fibers, making them more accessible to food manufacturers. Furthermore, fermentation technology allows for the modification and development of fiber properties, allowing for the production of fibers with specific functionalities and benefits. The use of fermentation technology has broadened the possibilities for microbial-derived fibers, boosting the market growth.

Competitive landscape:

Key players in the microbial-derived fiber market are actively pursuing inorganic tactics such as collaborations, acquisitions, investments, and R&D activities to grow and solidify their market presence.

• Polybion stated in March 2022 that its bacterial cellulose facility, the world's first, is ramping up production. Polybion's solar-powered, industrial-scale bacterial cellulose production facility will manufacture 1.1 million square feet of the company's proprietary biotextile Celium® per year at full capacity.

Key Companies Profiled This Report
• BIOESQUE
• Borregaard AS
• BOWIL Biotech
• HNB BIO CO., LTD
• Axcelon Biopolymers Corporation

Key Segments of Microbial-derived Fiber Industry Research:

• By Type :
• Synthetic
• Natural

• By Application :
• Food and Beverage Additives
• Conventional Desserts
• Meat Products
• Food Packaging

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

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Regional Analysis:

North America is dominating the global market. The United States is a market leader in North America due to rising consumer interest in gut health, a favorable regulatory environment, and a booming functional food and beverage market. Moreover, Asia Pacific and Europe are following North America in terms of growth.

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This release was published on openPR.