Konjac Extract Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
The global Konjac Extract market was valued at approximately USD 208 million in 2022, with a Compound Annual Growth Rate (CAGR) of 6.7% projected through the forecast period. This growth is driven by increasing consumer awareness regarding the health benefits of Konjac Extract, including its role in weight management and digestive health. The market's expansion is also supported by rising demand in the food and beverage sector, where Konjac Extract is used as a low-calorie, high-fiber additive. Additionally, its applications in the cosmetic industry as a hydrating and emulsifying agent are contributing to its market growth.
Emerging markets present significant opportunities for the Konjac Extract industry. Regions such as Asia-Pacific are expected to exhibit robust growth due to their high production capacities and increasing local demand. This area is becoming a critical hub for the supply chain and consumer base expansion. Furthermore, the rising adoption of plant-based ingredients in Western markets is opening new avenues for Konjac Extract, enhancing its global market penetration. Companies are also exploring innovative product formulations and distribution channels to leverage these emerging market opportunities effectively.
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Herbo Nutra
Hunan Nutramax Inc.
Xi'an Wucine Bio Industries Inc.
Naturalin
Hangzhou Kindherb Biotechnology Co.
Ltd.
Xian Yuensun Biological Technology Co.
Ltd.
EverforEverBio
Xi'an Sost Biotech Co.
Ltd
Specialty Natural Products
Victarbio
Xi'an Prius Biological Engineering Co.
Ltd
WLP Ingredient Inc
Xi'an Xu Huang Bio-tech
Co.Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Konjac Extract Market
Pharma & Healthcare
Cosmetic & Skin Care
Food & Feed Additives
Others
Based on Types the Market is categorized into Below types that held the largest Konjac Extract market share In 2023.
Tablet
Powder
Capsule
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Konjac Extract Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Konjac Extract Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Konjac Extract Market, By Type
6. Global Konjac Extract Market, By Application
7. Global Konjac Extract Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Konjac Extract Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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