Konjac is a plant that has been used for centuries in Asia as food and medicine. The root of the plant contains a lot of water and fiber. The vegetable flour from this plant is called konjac flour. It has very little taste; the common variety tastes like salt, generally with a slightly oceanic taste and smell. It is valued more for its texture than flavor. Konjac may also support weight loss.
MARKET DYNAMICS
The konjac market has witnessed a significant growth owing to factors such as increasing healthcare costs, and growing geriatric population. Moreover, the rising inclination of consumers towards digestive supplements owing to their health benefits in ameliorating digestive ailments such as constipation, heartburn, bloating & diarrhea provides a huge market opportunity for the key players operating in the konjac market. However, increasing production costs is projected to hamper the overall growth of the konjac market.
MARKET SCOPE
The "Global Konjac Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the konjac market with detailed market segmentation type, application, and geography. The global konjac market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading konjac market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global konjac market is segmented on the basis of type and application. On the basis of type, the global konjac market is divided into gum, dietary fibers, konjac flour, gel and sponge. On the basis of application, the global konjac market is divided into cosmetics & personal care, food and beverage, pharmaceuticals and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global konjac market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The konjac market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
`The report analyzes factors affecting the konjac market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the konjac market in these regions.
MARKET PLAYERS
The reports cover key developments in the konjac market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from konjac market is anticipated to lucrative growth opportunities in the future with the rising demand for konjac in the global market. Below mentioned is the list of few companies engaged in the konjac market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the konjac market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- FMC Corporation
- Henan Xin Industry
- Hubei Yizhi Konjac Biotechnology
- Now Foods
- Shaanxi Jintai Konjac Industrial Development
- Shanghai Brilliant Gum
- Slendier
- The Konjac Sponge Company
- Won Long Konjac
- Zeroodle
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.