Market research reports, consulting: Global Market Insights Inc.

Home > Food and Beverages > Proteins > carrot fiber market

Carrot Fiber Market Trends

Report ID: GMI11222 Published Date: September 2024Report Format: PDF
Download Free Sample
Summary
Table of Content

Carrot Fiber Market Trends

Historically confined to the food and beverage realm, carrot fiber's applications are now branching out. In the cosmetics sector, its antioxidant properties are being harnessed, while the pharmaceutical industry values its fiber content for dietary supplements. This diversification signals a burgeoning trend, amplifying the carrot fiber market's scope and growth trajectory.

Modern advancements in extraction and processing are democratizing access to carrot fiber, making it both affordable and widely available. Innovative techniques, emphasizing yield enhancement and quality improvement, are enabling manufacturers to tailor carrot fiber properties for specific uses. This trend, propelled by the dual demands of cost-effectiveness and premium quality, shows no signs of waning.

The global pivot towards plant-centric diets is casting a spotlight on the carrot fiber market. With a rising number of consumers adopting vegetarian and vegan lifestyles, there's an escalating appetite for plant-derived ingredients that match or surpass the nutritional benefits of their animal-based counterparts. Carrot fiber, being inherently plant-based, is emerging as a favored choice for manufacturers targeting this expanding demographic.

Technological strides in carrot fiber extraction and processing have been notable over the last decade. Earlier techniques often produced inconsistent quality, limiting the product's versatility. However, modern advancements have not only enhanced consistency but also elevated carrot fiber's appeal to food manufacturers.

Author: Kiran Pulidindi , Kunal Ahuja
Frequently Asked Question(FAQ) :

What is the value of the carrot fiber market?+

The market size of carrot fiber reached USD 250.2 million in 2023 and is set to exhibit a 6.4% CAGR during 2024-2032, led by changing consumer preferences, technological innovations, and evolving industry standards.

How big is North America carrot fiber industry?+

North America market was worth USD 87.7 million in 2023 and will experience a 7% CAGR through 2032, propelled by rising health-consciousness and demand for functional, clean-label foods.

Why is the demand for conventional carrot fiber thriving?+

The conventional carrot fiber segment attained USD 172.4 million in 2023, driven by its affordability and widespread use in processed foods for enhancing texture, moisture retention, and fiber content without altering taste.

Who are the prominent players in the carrot fiber market?+

VanRijsingenGreen, Vinayak Corporation, KAGOME Australia Pty Ltd, Xi'an Sost Biotech Co.,Ltd, Arat Company, Richfield Food, Pektos AG, BATA FOOD, Vinayak Corporation, and Bolthouse Farms.

Carrot Fiber Market Scope

Related Reports

Buy Now

Premium Report Details

Download Free Sample