Market Overview:
The global glucomannan extract market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy products and rising awareness about the benefits of glucomannan extract among consumers. In addition, growing applications of glucomannan extract in food and pharmaceutical industries are also contributing to the growth of this market. Based on type, the global glucomannan extract market is segmented into Glucomannan 75%, Glucomannan 80%, and Glucomannon 90%. Among these, Gluccomanon 90% segment is expected to witness highest growth during the forecast period owing to its high purity and superior quality. Based on application, food industry accounts for majority share in terms of revenue generated by use of gluocommannan extracts followed by pharmaceuticals industry.
Product Definition:
Glucomannan Extract is a derived from the konjac root. It is used as a dietary supplement and has been shown to help with weight loss, blood sugar control, and cholesterol levels.
Glucomannan 75%:
Glucomannan 75% is a highly soluble dietary fiber, extracted from the root of konjac plant. It's chemical name is 2-dehydro-1,4-glucano-6-methylammonium chloride and it's structure has mannose & glucose groups. Glucomannan extract has wide range applications in food & beverage industry as well as pharmaceuticals sector.
Glucomannan 80%:
Glucomannan 80% is a highly soluble fiber, extracted from the roots of the plant Glucomannan. It has been widely used in food and beverage products as an additive to increase water absorption and viscosity. The product also finds application in pharmaceuticals for treating constipation-related diseases such as diarrhea, inflammatory bowel disease, irritable bowel syndrome among others.
Application Insights:
Healthy products industry dominated the global market in terms of revenue share in 2017. The healthy products segment is expected to witness significant growth over the forecast period due to rising awareness regarding weight loss and maintaining a healthy lifestyle among consumers globally. Consumers are increasingly focusing on their health and wellness, which is driving the demand for dietary supplements across various regions of the world.
The food industry was one of the largest application segments accounting for 36% share in 2017 owing to growing demand from bakery product manufacturers worldwide for incorporating Glucomannan as an ingredient due to its properties such as emulsification, foaming, thickening agents, humectants (which help enhance moisture retention), and sweeteners (to reduce acid formation). It also helps improve dough strength by increasing hydration content thus making it easier to handle during processing.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and is one of the most populated regions in the world. A large consumer pool, coupled with growing food processing industry, will support growth over the coming years. China dominated this region owing to rapid industrialization along with supportive government initiatives for promoting exports from this country.
Europe accounted for more than 20% revenue share in 2017 on account of high product consumption as compared to other regions due to cold climate there which demands healthy products free from additives like sugar or artificial flavors that affect taste and aroma of food products leading to demand for natural flavoring agents like glucomannan extracts leading to an increase in its consumption rate globally.
Growth Factors:
- Increasing awareness about the health benefits of Glucomannan Extract is expected to drive the market growth.
- Rising demand for natural ingredients in food and beverage products is projected to boost the market growth.
- Growing popularity of weight management supplements is anticipated to propel the Glucomannan Extract market growth over the forecast period.
- Increasing application areas of Glucomannan Extract is likely to create new opportunities for this market in near future.
- Growing research and development activities focused on Glucomannan Extract are estimated to provide impetus to this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Glucomannan Extract Market Research Report
By Type
Glucomannan 75%, Glucomannan 80%, Glucomannan 90%
By Application
Food Industry, Pharmaceutical Industry, Healthy Products Industry
By Companies
Yuensun Shine, Hubei Yizhi Konjac Bio, JoryHerb Ltd., Kingherbs Limited, Hangzhou Greensky Biological Tech, Jiangxi Zhongke Biotech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Glucomannan Extract Market Report Segments:
The global Glucomannan Extract market is segmented on the basis of:
Types
Glucomannan 75%, Glucomannan 80%, Glucomannan 90%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Pharmaceutical Industry, Healthy Products Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yuensun Shine
- Hubei Yizhi Konjac Bio
- JoryHerb Ltd.
- Kingherbs Limited
- Hangzhou Greensky Biological Tech
- Jiangxi Zhongke Biotech
Highlights of The Glucomannan Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glucomannan 75%
- Glucomannan 80%
- Glucomannan 90%
- By Application:
- Food Industry
- Pharmaceutical Industry
- Healthy Products Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glucomannan Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Glucomannan is a soluble fiber derived from the root of the konjac plant. It has been shown to help regulate blood sugar levels and reduce fat storage in the body. Glucomannan extract can also help improve bowel regularity and promote weight loss.
Some of the key players operating in the glucomannan extract market are Yuensun Shine, Hubei Yizhi Konjac Bio, JoryHerb Ltd., Kingherbs Limited, Hangzhou Greensky Biological Tech, Jiangxi Zhongke Biotech.
The glucomannan extract market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glucomannan Extract Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Glucomannan Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glucomannan Extract Market - Supply Chain
4.5. Global Glucomannan Extract Market Forecast
4.5.1. Glucomannan Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glucomannan Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glucomannan Extract Market Absolute $ Opportunity
5. Global Glucomannan Extract Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Glucomannan Extract Market Size and Volume Forecast by Type
5.3.1. Glucomannan 75%
5.3.2. Glucomannan 80%
5.3.3. Glucomannan 90%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glucomannan Extract Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Glucomannan Extract Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Pharmaceutical Industry
6.3.3. Healthy Products Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glucomannan Extract Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Glucomannan Extract Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Glucomannan Extract Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Glucomannan Extract Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Glucomannan Extract Demand Share Forecast, 2019-2026
9. North America Glucomannan Extract Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Glucomannan Extract Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Glucomannan Extract Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Pharmaceutical Industry
9.4.3. Healthy Products Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glucomannan Extract Market Size and Volume Forecast by Type
9.7.1. Glucomannan 75%
9.7.2. Glucomannan 80%
9.7.3. Glucomannan 90%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Glucomannan Extract Demand Share Forecast, 2019-2026
10. Latin America Glucomannan Extract Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Glucomannan Extract Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Glucomannan Extract Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Pharmaceutical Industry
10.4.3. Healthy Products Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glucomannan Extract Market Size and Volume Forecast by Type
10.7.1. Glucomannan 75%
10.7.2. Glucomannan 80%
10.7.3. Glucomannan 90%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Glucomannan Extract Demand Share Forecast, 2019-2026
11. Europe Glucomannan Extract Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Glucomannan Extract Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Glucomannan Extract Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Pharmaceutical Industry
11.4.3. Healthy Products Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glucomannan Extract Market Size and Volume Forecast by Type
11.7.1. Glucomannan 75%
11.7.2. Glucomannan 80%
11.7.3. Glucomannan 90%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y GrowthProjections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Glucomannan Extract Demand Share, 2019-2026
12. Asia Pacific Glucomannan Extract Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Glucomannan Extract Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Glucomannan Extract Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Pharmaceutical Industry
12.4.3. Healthy Products Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glucomannan Extract Market Size and Volume Forecast by Type
12.7.1. Glucomannan 75%
12.7.2. Glucomannan 80%
12.7.3. Glucomannan 90%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Glucomannan Extract Demand Share, 2019-2026
13. Middle East & Africa Glucomannan Extract Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Glucomannan Extract Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Glucomannan Extract Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Pharmaceutical Industry
13.4.3. Healthy Products Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glucomannan Extract Market Size and Volume Forecast by Type
13.7.1. Glucomannan 75%
13.7.2. Glucomannan 80%
13.7.3. Glucomannan 90%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Glucomannan Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glucomannan Extract Market: Market Share Analysis
14.2. Glucomannan Extract Distributors and Customers
14.3. Glucomannan Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yuensun Shine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hubei Yizhi Konjac Bio
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JoryHerb Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kingherbs Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hangzhou Greensky Biological Tech
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangxi Zhongke Biotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
