Home > Food & Beverages > Food Additives > Konjac Flour Market

Konjac Flour Market Trends

  • Report ID: GMI11271
  • Published Date: Sep 2024
  • Report Format: PDF

Konjac Flour Market Trends

The market has transitioned from its traditional Asian roots to gaining traction in Western markets. While konjac flour products were once predominantly enjoyed in Asia, especially in Japan and China, the last decade has seen a notable geographic expansion. North America and Europe have become key markets, spurred by the rising allure of Asian cuisine and a global culinary exploration trend. Moreover, manufacturers are innovating, crafting konjac flour-based products tailored to specific dietary needs like keto, gluten-free, and diabetic-friendly options, catering to a diverse and health-conscious audience.
 

Manufacturers are actively innovating and broadening their product lines to encompass a range of konjac flour-based offerings, spanning from conventional noodles to convenient ready-to-eat meals and snacks. This strategic diversification not only addresses diverse consumer preferences and dietary requirements but also propels market expansion.
 

Driven by health, sustainability, and animal welfare concerns, the global movement towards plant-based diets has spurred a rising demand for konjac flour products. Konjac flour, a versatile plant-based ingredient, finds its way into a range of vegan and vegetarian offerings, from noodles and snacks to meat substitutes.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of konjac flour reached USD 1.28 billion in 2023 and is set to register 2.6% CAGR from 2024-2032, due to the heightened consumer awareness and a surging demand for health-centric, plant-based foods worldwide.

The food grade segment is expected to register 2.8% CAGR from 2024-2032, owing to health-conscious consumers, increasingly gravitating towards low-calorie, high-fiber foods.

North America market is expected to register 2.7% CAGR from 2024-2032, attributed to a rising appetite for low-calorie, gluten-free, and plant-based food items in the region.

AVANSCHEM, Baoji Konjac Chemcial Co.,Ltd, Chemcopia, Fengchen Group Co.,Ltd, FMC Corporation, GreenFresh(Fujian)Food stuff co.,ltd, GreenSkyBio, KONSON KONJAC, SARDA Bio Polymers PVT. LTD, and Marine Hydrocolloids, are some of the major konjac flour companies worldwide.

Konjac Flour Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
 Download Free Sample