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Glucomannan is a kind of water-soluble polysaccharide which is also considered as a dietary fiber. Glucomannan is obtained from konjac root that helps in curing many health conditions. Glucomannan is a hemicellulose ingredient which is found in some species of plant. Glucomannan is a type of food additive which is used as a thickener and emulsifier in a variety of food products. Glucomannan is also used in nutritional supplements for health problems such as obesity, high cholesterol, and acne vulgaris. Glucomannan is also used in weight management supplements. Glucomannan powder is a highly absorbent and absorbs tremendous amounts of water. Glucomannan improves blood sugar control and blood lipids along with improving issues in bowel health. Glucomannan works in the intestines and stomach by absorbing water to form a large fiber which helps in treating constipation. Glucomannan is highly prized for its gelatinous consistency and takes on the taste of whatever food is marinated and cooked. Glucomannan is mostly used in form of powder or flour.  

Global Glucomannan: Market Segmentation 

The global glucomannan market is segmented on the basis of application, and region. The global glucomannan market is segmented on the basis of application in which glucomannan is used as a emulsifying and thickening agent in various food products including confectionery such as candy, chocolates, gummies, jelly; beverages such as fiber drinks, soft drinks, and prepared soups, bakery products such as bread, cake, pancakes, pastries, ice cream, canned meat products and sausages, pet-food meat analogues, spreads such as fruit spreads, honey spreads and cheese spreads and others products such as frozen food. The global glucomannan market is segmented on the basis of end user such as pharmaceuticals and weight management supplements. Hence, the global glucomannan market is expected to significantly increase the revenue contribution over the forecast period. 

Global Glucomannan Market: Regional Outlook 

Geographically, the global glucomannan industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Globally, among all regions, North America has developed as the dominant region in global glucomannan market followed by Asia Pacific. Increasing demand for glucomannan as a thickening agent in various food products, has strengthened the growth of global glucomannan market and hence is projected to significantly expand the revenue contribution of the market over the forecast period. 

Global Glucomannan Market: Growth Drivers 

Growing demand for glucomannan as a emulsifying and thickening agent in various food products is a major factor driving the global glucomannan market worldwide. Glucomannan is mostly used in weight management supplements which is another major driving factor for global glucomannan market. Manufacturers are offering innovative glucomannan-based products to the consumers in order to remain in the competition in the market. Many glucomannan producers are providing healthier product offerings based on the increasing demand for glucomannan as a better thickening agent in a variety of canned meat products. Glucomannan helps in improving blood sugar levels in diabetic people and helps in reducing cholesterol levels and bowel health issues which is another major driving factor for the market. Hence, the global glucomannan market is expected to observe robust growth over the forecast period.  

Global Glucomannan Market: Key Players 

Some of the key players identified across the value chain of the global glucomannan market include Konjac Foods, AuNutra® Industries Inc., Greenutra Resource Inc., Kowa India Pvt. Ltd, Baoji Konjac Chemcial Co., Ltd, TIC Gums, Inc., Precision Nutrition Inc., FMC Biopolymer, Green Fresh Group are among others. The companies are expected to expand their business by enhancing their product portfolio in global glucomannan market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global glucomannan market till 2025.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Glucomannan Market

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