25th
October 2018 - The
global glucomannan market is expected to witness an exponential growth over
forecast year. Glucomannan is a kind of water soluble polysaccharide which is
also considered as a dietary fiber. Glucomannan is obtained from konjac root
helps in curing many health conditions. Glucomannan is a hemicellulose
ingredient which is found in some species of plant. The global glucomannan
market is segmented on the basis of application, end user and geography.
Glucomannan is a type of food additive which is used as a thickener and
emulsifier in a variety of food products. Glucomannan is also used in
nutritional supplements for health problems such as obesity, high cholesterol
and acne vulgaris.
Glucomannan is also used in weight management supplements. Glucomannan
powder is a highly absorbent and absorbs tremendous amounts of water.
Glucomannan improves blood sugar control and blood lipids along with improving
issues in bowel health. Glucomannan works in the intestines and stomach by
absorbing water to form a large fiber which helps in treating constipation.
Glucomannan is highly prized for its gelatinous consistency and takes on the
taste of whatever food is marinated and cooked. Glucomannan is mostly used in
form of powder or flour.
Glucomannan market demand is also driven by its use as a nutritional
supplement for events such as type 2 diabetes, acne vulgaris, high cholesterol
and constipation. It helps in improving the blood sugar levels in people
suffering from diabetes. Also, it helps in the bowel health issues and reducing
the cholesterol levels. It is highly absorbent and absorbs huge amount of water
and works in the stomach and intestines to form a large fiber for treating
patients suffering from constipation. Due to these major uses the glucomannan
market demand worldwide is expected to witness a robust growth over the
estimated timespan.
Growing demand for glucomannan as a emulsifying and thickening agent in
various food products is a major factor driving the global glucomannan market
worldwide. Glucomannan is mostly used in weight management supplements which
are another major driving factor for global glucomannan market. Manufacturers
are offering innovative glucomannan-based products to the consumers in order to
remain in the competition in the market. Many glucomannan producers are
providing healthier product offerings based on the increasing demand for
glucomannan as a better thickening agent in a variety of canned meat products.
Glucomannan helps in improving blood sugar levels in diabetic people and
helps in reducing cholesterol levels and bowel health issues which is another
major driving factor for the market. Hence, the global glucomannan market is
expected to observe robust growth during the forecast period. On the basis of
application, in which glucomannan is used as a emulsifying and thickening agent
in various food products including confectionery such as candy, chocolates,
gummies, jelly; beverages such as fiber drinks, soft drinks and prepared soups,
bakery products such as bread, cake, pancakes, pastries, ice cream, canned meat
products and sausages, pet-food meat analogues, spreads such as fruit spreads,
honey spreads and cheese spreads and others products such as frozen food.
On the basis of end user, the global glucomannan market is segmented into
pharmaceutical industry, weight management supplements, food industry, and
healthy products industry and so on. On the basis of geography, the global
glucomannan market is segmented into North America, Europe, Latin America,
Middle East & Africa and Asia Pacific. North America has developed as the
dominant region in global glucomannan market followed by Asia Pacific.
Increasing demand for glucomannan as a thickening agent in various food
products has strengthened the growth of global glucomannan market and hence is
projected to significantly expand the revenue contribution of the market during
the forecast period.
The key players of global glucomannan market are AuNutra® Industries
Inc., Konjac Foods, Greenutra Resource Inc., Kowa India Pvt. Ltd., Baoji Konjac
Chemical Co. Ltd, TIC Gums Inc., Precision Nutrition Inc., FMC Biopolymer,
Green Fresh Group, Konnyaku, Hubei Jusheng, Xiamen Hisunny, Neostar United,
Haihang Industry, Hubei Fu Cheng Kongjac Industry, Shaanxi Top Pharm, Zhejiang
Kaili, Mianyang Haomao Konjai Food and Y&L Biotech.
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