Konjac Market is expected to reach US$ 1.69 Bn., with a CAGR of 6.95% for the period 2023-2029.
Konjac Market Overview:
The market research study analyses and assesses the Konjac Market position during the forecast period. It is a comprehensive examination that focuses on primary and secondary drivers, market share, leading segments, and geographical analysis.
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Konjac Market Scope:
Using both primary and secondary research approaches, we researched the Konjac Market from every viewpoint. This helped us gain a better understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, customer habits, and so on. The data is then compiled and analysed using a range of market estimation and data validation techniques. Furthermore, we have an in-house data forecasting engine that forecasts market growth through 2027.
Konjac Market Segmentation:
The Konjac market is further divided into the following categories based on the form segment: gum, dietary fibers, konjac flour, gel, and sponge. The demand for konjac flour is anticipated to increase significantly over the course of the projected period as a result of its expanding application breadth in the food & beverage and pharmaceutical industries.
The Konjac market is further divided into the food, pharmaceutical, personal care and cosmetics, chemical, and nutritional industries based on the end-use segment. The food industry has been one of the market's main end-uses recently due to its extensive user base as a thickener, additive, and food component, and this trend is anticipated to continue over the next seven years. Pharmaceuticals have been the most popular end-use because of special properties that offer health advantages including a boosted immune system. The FDA's endorsement of the use of konjac in a variety of foods and drugs is one example of the strong government support that is anticipated to help the market's growth prospects.
1. Global Konjac Market, by Form (2022-2029)
• Gum
• Dietary fibres
• Konjac flour
• Gel
• Sponge
2. Global Konjac Market, by Application (2022-2029)
• Food products
o Noodles
o Pasta
o Flour
o Fruit jelly
o Rice
• Pharmaceuticals
• Skin care products
o Sponge
o Gel
o Cream
3. Global Konjac Market, by End-user (2022-2029)
• Food
• Pharmaceuticals
• Personal care and cosmetics
• Chemical
• Nutritional industry
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Konjac Market Key Players:
The report also focuses on the global main industry players in the Konjac Market, including company biographies, product images and specs, capacity, production, price, cost, revenue, and contact information. The study examines prominent Konjac market businesses and ranks them in the market. The following players are featured in this report:
1. Hubei Yizhi Konjac Biotechnology Co., Ltd
2. Zeroodle
3. Miracle Noodle
4. NAH Foods
5. IHerbs
6. Slendier
7. Shanghai Brilliant Gum Co. Ltd
8. Henan Xin Industry Co. Ltd.
9. Baoji Konjac Chemical Co., Ltd.
10.NOW Foods
11.FMC Corporation
12.Shaanxi Jintai Konjac Industrial Development Co., Ltd
13.The Konjac Sponge Company
14.Monkey King Food Co., Ltd,
15.Kalys S.A
16.Andi-Johnson Group
17.Others
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Regional Analysis:
The Konjac market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.
COVID-19 Impact Analysis on Konjac Market:
The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.
Key Questions Answered in the Konjac Market Report are:
- What are some of the promising growth opportunities in the global Konjac market by product type and Region?
- Which Konjac market segments will grow the fastest, and why?
- Which regions will develop quicker?
- What are the elements influencing Konjac market?
- What are the Konjac market's business risks?
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