The global corn fiber market has witnessed significant growth over the past few years owing to growing demand for natural ingredients in various industries such as food beverages, pharmaceuticals, and animal feed. Corn fiber is derived from the hull and protein-rich germ of corn kernels during corn wet milling process. It provides various functional properties to finished products including viscosity enhancement, moisture retention, stabilization suspension. As corn fiber is a good source of dietary fiber, its demand is increasing among health-conscious consumers. Some key advantages of corn fiber include high fiber content, gluten-free, natural source, and intestinal health benefits.
The corn fiber market is estimated to be valued at USD 973.7 Mn in 2024 and is expected to reach USD 1,495.6 Mn by 2031. It is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
One of the key drivers for the Corn Fiber Market is the growing popularity of natural and clean label food ingredients among consumers. Clean label products containing familiar ingredients are in high demand due to increasing health awareness. Corn fiber satisfies the criteria of natural, non-GMO, and gluten-free ingredients.
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