August 28, 2020
According to the research report titled ‘Global Arabinoxylan Fiber Market Size By Application, By Source Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, global arabinoxylan fiber market is expected to witness substantial growth during 2020-2026.
Increasing awareness pertaining to health benefits associated with arabinoxylan fiber along with growing demand for natural ingredients are major factors driving the market growth. For those uninitiated, arabinoxylan fiber is obtained from outer shell of rye, wheat, oat, rice, and other cereals.
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Arabinoxylan fiber provides numerous health benefits such as improved digestive system and helps in controlling diabetes. Moreover, the sugars within the product are known to have antioxidant properties, which aid in protecting cells and tissues from extensive damage.
The product is widely used for treating high cholesterol, obesity, constipation, asthma, heart disease, chronic fatigue syndrome, and high blood pressure, thereby aiding the expansion of arabinoxylan fiber market.
Based on application spectrum, the report states that the dairy-food segment is estimated to generate commendable revenues by the end of the forecast period. Growing demand for high-quality dairy substitutes and inclination towards consuming natural ingredients are fueling the segmental size.
Meanwhile, global arabinoxylan fiber market from animal nutrition application is slated to witness high CAGR through 2026. Arabinoxylan fiber is extensively used for producing high-quality pet food since it is easily digestible. Thus, growing trend of pet adopting in tandem with rising animal health concerns are augmenting the product demand.
In terms of source type, the report claims that the barley segment is likely to experience substantial growth during the forecast duration. Increasing utilization of barley-based arabinoxylan fiber in anti-aging serums as well as in cosmetics is facilitating the business scenario.
The others segment is also anticipated to witness robust CAGR during the study period, owing to rising demand of high-quality animal feed.
Considering the geographical landscape, arabinoxylan fiber market in Latin America is predicted to expand with a CAGR of 10.5% through 2026, primarily driven by shifting preference towards adopting natural products in food & beverage industry.
Middle East & Africa arabinoxylan fiber industry is estimated to cross USD 1.5 million by the end of 2020, owing to rising adoption of milk and meat leading to increased usage of arabinoxylan fibers in animal feed products.
BioActor BV, H.L. Agro Products Pvt. Ltd., J. Rettenmaier & Söhne GmbH + Co KG, Cargill Inc., Kowa India Pvt. Ltd., Megazyme, Daiwa Pharmaceutical Co. Ltd., and Comet Biorefining Inc. are the key participants in global arabinoxylan fiber market.