Konjac Powder Market is a root vegetable that looks like an oddly shaped potato. The plant’s bulb — the underground section of the plant – contains glucomannan, a soluble fiber. Soluble fiber absorbs water to produce a gel-like substance, which inhibits digestion. It can aid in the reduction of blood cholesterol and glucose levels. Oats, beans, apples, citrus fruits, carrots, and psyllium all contain soluble fiber. Consumers are concerned about their health, which has resulted in the rise of healthy eating options. Konjac absorbs a high amount of water and aids in the removal of poisonous chemicals, which aids in improvement of the digestive system. Furthermore, konjac is a nutritious food with low calories that does not raise fat levels, which is a big benefit of eating konjac. The rise in the prevalence of gastro intestinal disorders and obesity as a result of more junk food consumption & sedentary lifestyle has raised consumer awareness. Such surged awareness among consumers drives the growth of konjac industry.
The global konjac market was valued at USD 2,069 Million in 2019 and is projected to reach USD 3,711 Million by 2027, expanding at a CAGR of 8.3%
Konjac is a plant that consists of a starchy root called corm, which is very high in a dietary fiber called glucomannan. The dried corm of the konjac plant contains about 40% glucomannan gum, which is used as a dietary supplement and as an ingredient in high-fiber flours and jellies Konjac is very high in fiber with almost no calories and glutin content, making it a suitable diet food. Konjac containing glucomannan is predominately used as a food additive in products, such as fruit juices, jams, pasta, noodles and others, for its high thickening and emulsifying properties and also as a nutritional supplement for preventing various health problems, such as obesity, high cholesterol, constipation, diabetes, acne and others. The demand for konjac over the past few years has observed a significant growth and is expected to grow enormously over the forecast period as well owing to its widespread applications in various industries.
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Global Konjac Powder Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Konjac Powder industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduce the market potential of these countries.
Major Players in Konjac Powder market are:
AuNutra Industries, Inc
Novotech Nutraceuticals, Inc.
Huatao Group Ltd
Baoji Konjac Chemcial Co.,Ltd
H & A Canada
Kowa India Pvt. Ltd.
Hubei Yizhi Konjac Biotechnology Co.,Ltd
Most important types of Konjac Powder products covered in this report are:
Ordinary Konjac Powder
Purified Konjac Powder
Most widely used downstream fields of Konjac Powder market covered in this report are:
Food & Beverage
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Top countries data covered in this report:
- United States
- South Korea
- South Africa
- Saudi Arabia
- Define, describe and forecast Konjac Powder product market by type, application, end user and region.
- Provide enterprise external environment analysis and PEST analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030