Fibert Market Insights By Type, Industry, Application & End-User | FMI-2022-2032
The global fibert market is
majorly driven by the increasing demand by the food and beverage industry.
Fibert is used in various food and beverage products including, bakery,
confectionery, ice cream, spreads, desserts, and alcoholic and non-alcoholic
beverages.
The fiber market is expected to register a CAGR of 12% over
the forecast period, with a valuation of US$7.9 billion in 2022 and an
estimated valuation of US$24.5 billion by 2032.
Flourishing Food and Processing Food Industry is
increasing the Demand of the Fiberts in the Global Market
The consumption of fibert in the world is dominated by the
Western countries, especially European countries since fiberts are staple in
the confections and baked goods in these countries. The consumption of these
products is rising in developing nations such as Asian and Middle Eastern
countries by the adoption of food culture from European countries.
The shift in the eating habits and the adoption of Western
food culture is supported by the increasing disposable income of the consumers
in the developing nations. Owing to this the demand for the fiberts in the
global market is increasing.
Fiberts are a good source of dietary fibers and polyphenols
that have various health benefits, such as weight management, reducing risk of
heart disease, lowering cholesterol levels, and controlling blood sugar level.
These health benefits also contribute to the increasing popularity and demand
of the fiberts in the global market.
Fiberts are also used significantly in cosmetics and
personal care products. They are used in these products as skin-conditioning
agents and also for the formulation of skin care products. The use of cosmetics
and personal care products in the developing nations are surging at a rapid
pace, due to the entering and penetration of international cosmetics brand.
Fiberts Market: Regional Analysis
The production of fibert is majorly occurring in countries
such as Turkey, Georgia, Spain, and Italy. However, the global fibert market is
occupied by the European and North American countries, at present, owing to the
developed and well-established food industry.
The fiberts market participants have increased opportunity
in the Asia Pacific and the Middle East and African region. Increasing
middle-class population, their income, and an increase in the GDP of the
countries in these regions are resulting in the increasing purchasing power of
the consumer that in turn, increasing the demand for the fiberts in the global
market.
Fiberts Market: Key Participants
Some of the market participants in the fiberts market
are:
- Barry
Callebaut AG
- Arslantürk
- Oregon
Orchard
- Royal
Nut Company
- Weaver
Nut
- Kanegrade
Limited
- Oregon
Hazelnut
- Karimex
- Geonuts
Limited
- Durak
Findik
- Ferrero
International S.A.
- Olam
International
The research report presents a comprehensive assessment of
the fiberts market and contains thoughtful insights, facts, historical data,
and statistically supported and industry-validated market data. It also
contains projections using a suitable set of assumptions and methodologies. The
research report provides analysis and information according to market segments
such as form, grade, and end use.
Main Report Link: - https://www.futuremarketinsights.com/reports/fibert-market
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