The Global Functional Fibers Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report contains extensive analysis of the market in light of the ongoing COVID-19 impact. The pandemic has affected the economic landscape of the world dynamically. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic. The report also discusses the present and future impact of the COVID-19 outbreak.
According to the latest study by Emergen Research the demand for functional fibers is projected to rise over the forecast timeframe, primarily owing to the growing trends of health and fitness across the globe. Functional fibers have widespread use as they help prevent constipation and diarrhea, as well as reduce the risks of cardiovascular diseases and obesity. Therefore, on account of a wide array of healthful benefits offered by these fibers, they have a significantly growing market demand, especially in industry verticals, including food & beverages, pharmaceuticals, and nutraceuticals. Depending on their end-use application, functional fibers are available in various grades, and their prices also vary accordingly. For instance, functional fibers used in dietary supplements are more expensive as they contain a higher purity level
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Key participants include Essilor International S.A.
- Axys Nutrition Products Pvt. Ltd.
- CFF GmbH & Co. KG
- Royal DSM NV
- RETTENMAIER & SÖHNE GmbH + Co KG
Covid 19 impact:
This report is the latest document encompassing the massive changes that took place in the Functional Fibers Market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Functional Fibers Market .. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
Key Offerings of the Report:
Detailed overview of market dynamics including drivers, restraints, opportunities, challenges, and growth prospects
Analysis of the key strategic initiatives and competitive landscape including mergers & acquisitions, joint ventures, collaborations, product launches, and brand promotions, and partnerships, among others
Comprehensive analysis of the industry outlook and analysis of the industrial chain
Market forecast based on global, regional, and country-level market analysis
Competitive landscape benchmarking
In-depth analysis of the key market players with their product portfolios, financial positions, unique selling points, market share and size, and a comprehensive overview of their business
The global functional fibers market can be extensively bifurcated based on nature, grade, source, product type, and application.
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Fruits & vegetables
- Cereals & grains
- Others (Nuts, seeds, and legumes)
- Soluble Fibers
o Corn Fiber
o Fructooligosaccharides (FOS)
o Galactooligosaccharides (GOS)
o Others (gum fibers, Dextrin)
- Insoluble Fibers
o Resistant starch
o Chitin & Chitosan
- Food & beverages
o Dietary Supplements
o Functional Food
- Personal Care & Cosmetics
North America is the leading region in the global functional fibers market, owing to the highest demand for functional fibers in this region for food and dietary supplements. Among the North American countries, the U.S. is the leading country in terms of market value. It has the highest demand for functional fibers, given the highest prevalence rate of obesity in the country. Over the forecast years, the demand for functional fibers is projected to rise in the Asia Pacific for the large-scale manufacture of dietary supplements in the region. Moreover, the demand for these fibers is expected to grow in Europe and the Middle East & Africa regions due to their extensive application in the personal care & cosmetics industries in these regions.
The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.
Key Questions Answered in the Report:
What is the growth rate of the Functional Fibers Market ? What is the anticipated market valuation ofFunctional Fibers Market industry by 2027?
What are the key growth driving and restraining factors of the Functional Fibers Market ?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of theFunctional Fibers Market industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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