Industry Background:
The growing demand for health and fit lifestyle will help to boost the demand of the Glucomannan Extract in the forecasted period. Glucomannan is dietary fiber. It is usually made from the root of the konjac plant. it is a natural, water-soluble dietary fiber extracted from the roots of the elephant yam, also known as konjac. Glucomannan powder, capsules, and tablets are used as medicine. Glucomannan is used by mouth for constipation, diabetes, and high cholesterol. Some people take glucomannan by mouth for high blood pressure, obesity, and other conditions. Glucomannan has an exceptional ability to absorb water and is one of the most viscous dietary fibers known.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Parchem (New York), EverforEver BioTech (China), HERBO NUTRA (India), Jiangxi Zhongke Biotech (China), Kingherbs Limited (China) and JoryHerb Ltd. (China) |
This growth is primarily driven by The Growing Demand for Weight Loss Process and High Demand due to the use in Blood Pressure Improvement.
Globally, a noticeable market trend is evident Rising Demand due to Use as a supplement, in drink, mixes and is also added to food products, such as pasta and flour. It’s also the main ingredient in shirataki noodles. The Pharmaceuticals sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Parchem (New York), EverforEver BioTech (China), HERBO NUTRA (India), Jiangxi Zhongke Biotech (China), Kingherbs Limited (China) and JoryHerb Ltd. (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Influencing Trend:
Rising Demand due to Use as a supplement, in drink, mixes and is also added to food products, such as pasta and flour. It’s also the main ingredient in shirataki noodles.
Market Growth Drivers:
The Growing Demand for Weight Loss Process and High Demand due to the use in Blood Pressure Improvement
Challenges:
Stringent Government Regulation Regarding Medicine
Restraints:
The Growing Concern Regarding Side Effects
Opportunities:
High Demand from the Developing Countries due to Growing Pharmaceutical industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Glucomannan Extract Market
- Analysis about New Entrants in Glucomannan Extract Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Glucomannan Extract Study Sheds Light on
The Glucomannan Extract Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Glucomannan Extract industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Glucomannan Extract industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.