Press release
Arabinoxylan Fiber Market Growth - Valued at $31.1 Million (2023), Projected to Reach $71.5 Million (2033) at a CAGR of 9%
Allied Market Research published a report, titled, "Arabinoxylan Fiber Market by Source (Wheat, Rice, Barley, Oats, Maize and Others), Application (Food, Beverages, Pharmaceutical, Animal Nutrition and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033".Arabinoxylan Fiber Market Research, 2033 :
The global arabinoxylan fiber market size was valued at $31.1 million in 2023, and is projected to reach $71.5 million by 2033, growing at a CAGR of 9% from 2024 to 2033.
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Based on source, the rice sub-segment held the highest market share in 2023.
The driving factor for the rice source segment in the arabinoxylan fiber market is the increasing demand for gluten-free and high-fiber ingredients in food products. Rice, being a gluten-free grain, serves as an ideal source of arabinoxylan, appealing to health-conscious consumers and those with dietary restrictions. Additionally, its application in functional foods and nutraceuticals is growing, further boosting its demand in the market.
Based on application, the food sub-segment held the highest market share in 2023.
The food application segment of the arabinoxylan fiber market is driven by the increasing demand for dietary fibers due to rising health awareness among consumers. Arabinoxylan, known for its prebiotic properties, is being increasingly incorporated into functional foods, bakery products, and beverages. Its ability to improve gut health, enhance texture, and prolong shelf life aligns with the growing consumer preference for natural, fiber-rich, and clean-label food products.
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Based on region, Asia-pacific is anticipated to be the fastest growing during the forecast period.
The Asia-Pacific arabinoxylan fiber market in the food sector is driven by increasing consumer awareness of the health benefits of dietary fiber, particularly in managing weight and improving gut health. Growing demand for functional foods and beverages, coupled with rising incidences of lifestyle-related diseases, further boosts market growth. Additionally, the expanding middle-class population with higher disposable incomes encourages the adoption of healthier food options, supporting the market's expansion.
In February 2024, Ingredion introduced NOVATION® Indulge 2940, a clean-label, non-GMO starch designed to enhance gelling and mouthfeel in dairy and plant-based products. This natural, corn-based innovation caters to health-conscious consumers by providing indulgent textures without synthetic additives, aligning with the growing demand for clean-label and naturally derived ingredients in the food industry.
In addition to providing a detailed analysis of key players in the global market, the report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Leading Market Players :
· Acetar Bio-tech Inc.
· Antimex Pharmaceuticals & Chemicals Ltd.
· BioActor BV
· Cargill
· Comet Biorefining
· Daiwa Pharmaceutical
· HL Agro
· J. Rettenmaier & Söhne GmbH & Co. K
· Kowa India Pvt. Ltd.
· Megazyme
These players have adopted different strategies such as collaborations, new product launches, expansions, agreements, joint ventures, and others to fuel their market share and maintain dominance in globally.
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Allied Market Research published a report, titled, "Arabinoxylan Fiber Market by Source (Wheat, Rice, Barley, Oats, Maize and Others), Application (Food, Beverages, Pharmaceutical, Animal Nutrition and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the arabinoxylan fiber market was valued at $31.1 million in 2023, and is estimated to reach $71.5 million by 2033, growing at a CAGR of 9% from 2024 to 2033.
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