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Chicory Root Fiber Market Segmented By Powder and Solid Form having distribution channel such as Business to Business and Business to Customers
Chicory root fiber is food ingredient which is extracted from chicory root and also called Inulin. It is soluble dietary fibers with nutritional properties which are used in food and beverages industry. It is as sweet as sugar, but have lower calories as compared to sugar. Chicory root fiber i.e. inulin is the food ingredient which helps to replace fat and sugar while improving the taste of the food products.
It helps in the improvement of body weight management and also stimulates absorption of calcium content in the body, which thus results in improved bone health. Dietary fibers like these, are considered as the special ingredient for health improvement and the enriched foods have been intensified manifolds due to its health stimulating properties.
Consumers nowadays want to eat a healthy diet but owing to changing lifestyles as well as busy working schedule are not able to meet the daily requirement needs. Thus the demand for healthy food products is rising and thus having a positive impact on global market. The increasing number of health-related issues like obesity as well as diabetes, increase demand for this as it helps in weight reducing as well as reduces blood-sugar functionalities.
The growing use of this is increasing in food and beverage products as well as nutritional supplements due to the health and nutritional benefits increases the demand for this market. The increased use of this as a prebiotic ingredient is one of the important factors that drive the growth of this market. The increased functionalities of it in pharmaceutical sectors are also influencing the growth of the market.
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Some of the market players are: COSUCRA, Jarrow formulas, Cargill Incorporated, Delecto Foods Private Limited, Beneo-Orafti SA, The Tierra Group, Sensus B.V., Ciranda, Inc., Fenchem, Inc., Wuxi Cima Science Co. Ltd SHAANXI SCIPHAR NATURAL PRODUCTS CO., LTD, and others.
The demand for supplementary products and energy bars are rising due to health consciousness, which drives the opportunity for these products. European consumers have a high awareness of the need to reduce their dietary intake of fat and sugar.
The growing trend and demand for the clean label as well as healthy food products has opened new opportunities for innovation and novel use of this in various products. It can be used in the pharmaceutical industry especially during the production of tablet and syrup, which drives the growing demand for the product.
On the basis of regions, the global market can be segmented as Oceania, Latin America, East Asia, North America, South Asia, and the Middle East & Africa. Chicory Root is grown mainly in the Netherlands, Northern France, and Belgium.
It is been expected that this market North America is going to have a high growth rate in terms of the increasing choices for this as well as increased demand for clean label foods. Europe is the next prominent market to witness huge growth in this due to higher demand for prebiotics.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.