Consumer Shift towards Healthy Living & and well-being Drives Demand for Apple Fibers
Rockville, May 25, 2023 (GLOBE NEWSWIRE) — The recent research analysis by Fact.MR on the global market global apple fiber provides a thorough overview of the industry’s product, end-user, and region categories. It also offers comprehensive details on important players and the crucial tactics they are turning to for gaining an upper hand over their competitors.
Fact.MR – A Market Research and Competitive Intelligence Provider: According to Fact.MR, a market research and competitive intelligence provider, the global apple fiber market is estimated to reach a valuation of US$ 19.6 million in 2023 and is expected to grow at a CAGR of 6.4% during the forecast period of 2023–2033.
With the consumer shift towards healthy living and consuming dietary supplements in food, the global demand for apple fibers is likely to grow in the coming years. Apple fiber is a light brown powder that is commonly produced from dried apple pomace, which refers to the residual pulp remaining after apples undergo processing for juice, cider, and other related products. It is characterized by its low-calorie content, abundant carbohydrates and fiber, and the absence of fat or protein. Also, the benefits of apples enhance digestive health.
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Digestive health has emerged as a key area of concern for many individuals. Apple fiber is known for its high fiber content, which aids digestion and promotes regular bowel movements. As a result, consumers are increasingly incorporating apple fiber into their diets to support digestive health.
Further, obesity or increasing weight remains a pain point for every individual especially the working class, unhealthy eating habits, and unorganized lifestyle patterns affect their health. However, including healthy diet supplements in food assists in managing health and manage weight, which opens doors of opportunity for the market players operating in the apple fiber market.
Key Takeaways from Market Study
- The global apple fiber market is projected to grow at 6.4% CAGR and reach US$ 36.6 million by 2033
- Insoluble apple fiber is estimated to grow at a CAGR of 7.6% during the forecast period
- Use of apple fiber for weight management is likely to increase at a rate of 6.8% during the forecast period
- North America and Europe are estimated to collectively account for a market share of 53.4% in 2023
- China is expected to create an absolute $ opportunity of US$ 2.0 million from 2023 to 2033
“Apple Fiber’s Demand as a Nutritious Solution Supporting Digestive Health and Weight Management to Support Market Growth,” says a Fact.MR analyst.
Market Growth Stratagems
The apple fiber market is highly dependent on the supply of apples it becomes important to ensure a reliable and efficient supply chain for sourcing high-quality apple fiber, maintaining product availability, and minimizing costs. Collaborating with reliable suppliers and implementing effective inventory management practices is important, which becomes a prime concern for the players hence they are diversely investing in the enhancing supply chain.
Additionally, creating effective marketing campaigns to raise awareness about the benefits of apple fiber and its applications. This involves digital marketing, social media engagement, partnerships with influencers, and participation in relevant industry events which open new applications and customer bases for the apple fiber manufacturers.
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Key Companies Profiled
- Mayer Brothers
- J. RETTENMAIER & SÖHNE GmbH
- Marshall Ingredients
- CFF GmbH & Co. KG
- Pestell Minerals & Ingredients Inc.
- Herbafood Ingredients GmbH
Segmentation of Apple Fiber Industry Research
- By Type :
- Soluble
- Insoluble
- By Application :
- Weight Management
- Cholesterol Reduction
- Blood Sugar Reduction
- Heart Health
- Detoxification
- Reduced Calorie Food Formulation
- Texturants
- Nutrient Absorber
- Gut Health
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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What differences can the apple fiber report make on the revenue impacts and strategies of businesses?
Fact.MR strives to provide comprehensive assessments of opportunities in various regions and technology segments. The study also offers an uncluttered data-driven insights into the growth avenues of the apple fiber and all its segments. Some of the ways the study can make a discernible impact are by offering evidence-based perspectives on:
- Attractiveness quotient of emerging product/technology types in various products in the apple fiber
- Micro-economics factors that may hamper the prospects of some of the key segments
- Recent spate of research and development (R&D) funding on key apple fibers
- New business models paving way for disruptions in demand dynamic of key segments
- Regional markets that will be future engine of growth and the industry trends that will support these markets
- Challenges overcoming which may offer industry players competitive edge
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the apple fiber market, presenting historical market data (2018–2022) and forecast statistics for the period of 2023–2033.
The study reveals essential insights on the basis of the type (soluble and insoluble), application (weight management, cholesterol reduction, blood sugar reduction, heart health, detoxification, reduced calorie food formulation, texturants, nutrient absorber, and gut health), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia, and Oceania, Middle East & Africa).
Check out more related studies published by Fact.MR Research:
Global Edible Fiber Market: The global edible fiber market is estimated at USD 50.6 Billion in 2022 and is forecast to surpass USD 119.2 Billion by 2032, growing at a CAGR of 8.9% from 2022 to 2032.
Basalt Fiber Market Size: The global basalt fiber market is estimated at USD 106 Million in 2022 and is forecast to surpass USD 339 Million by 2032, growing at a CAGR of 12.4% during the forecast period of 2022-2032.
Citrus Fiber Market Share: The global citrus fiber market is valued at US$ 317 million in 2022 and is expected to reach US$ 550 million by the end of 2032.
Insoluble Fiber Market Demand: The global insoluble fiber market is projected to expand at a CAGR of 6% over the 2021 to 2031 forecast period, with demand for use in functional food & beverages the highest.
Prebiotic Fiber Market Growth: Prebiotics market is anticipated to grow with a CAGR of 12.29% in the forecast period. The market is primarily driven due to increasing consumer awareness of health, and nutrition and an exaggerated focus on the need for essential fiber in the diet.
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