Glucomannan Market 2018-2024 Key Players: Precision Nutrition Inc., TIC Gums Inc., Baoji Konjac Chemicals Company Ltd., Kowa India Pvt. Ltd., Greenutra Resource Inc., AuNutra Industries Inc
Glucomannan Market is set to witness a substantial growth in the forecast period on the account of its extensive usage as a food additive and for thickening and blending. The product is a water soluble polymeric carbohydrate, measured as a dietary fiber.
(EMAILWIRE.COM, August 06, 2018 ) The glucomannan market can be globally divided by primary regions which include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among all these regions, North America glucomannan market is most prominent, followed by the Asia Pacific region. High number of obese population in North America and their constant requirement for medication will bolster the regional industry in the next few years. Also, geographically varying risk factors of diabetes and high blood cholesterol level will increase the medication demand in Asia Pacific, where the risk is higher than other regions.
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Glucomannan Market size is set to witness a substantial growth in the forecast period on the account of its extensive usage as a food additive and for thickening and blending. The product is a water soluble polymeric carbohydrate, measured as a dietary fiber.
The product is widely used as a weight management supplement making it a major driver for the global glucomannan market. Increasing occurrences of obesity and associated diseases throughout the world, especially in North America, will have a positive impact on the industry. According to a WHO study, more than 600 million adults throughout the world were suffering from obesity as of 2014 and it has more than doubled in the past 35 years. Increasing health awareness and prescription of obesity curing drugs will propel the overall glucomannan market in the coming years.
Glucomannan market demand is also driven by its use as a nutritional supplement for events such as type 2 diabetes, acne vulgaris, high cholesterol, and constipation. It helps in improving the blood sugar levels in people suffering from diabetes. Also, it helps in the bowel health issues and reducing the cholesterol levels. It is highly absorbent and absorbs huge amount of water and works in the stomach and intestines to form a large fiber for treating patients suffering from constipation. Due to these major uses the glucomannan market demand worldwide is expected to witness a robust growth over the estimated timespan.
Glucomannan market can also be segmented on end user basis in weight management supplement for weight loss programs and curing obesity, and in pharmaceuticals for curing high diabetes, skin diseases, high cholesterol, etc. Prevalence of diabetes has risen to 8.5% in 2014 from 4.7% in 1980 and had an estimated death toll of 1.5 million in 2012. Growing demand for anti-diabetic medication to avoid the dismal consequences will propel the global glucomannan market in the estimated timespan.
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Some of the major players of the glucomannan market include multinational companies such as Green Fresh Group, FMC Biopolymer, Precision Nutrition Inc., TIC Gums Inc., Baoji Konjac Chemicals Company Ltd., Kowa India Pvt. Ltd., Greenutra Resource Inc., AuNutra Industries Inc. and Konjac Foods to name a few. These key competitors are expected to go through business expansions by widening their product portfolio with constant R&D activities to mitigate the adverse effects of the product.
Market share calculation in this report is not done based on companies covered in it. The calculation of glucomannan market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1276
Glucomannan Market size is set to witness a substantial growth in the forecast period on the account of its extensive usage as a food additive and for thickening and blending. The product is a water soluble polymeric carbohydrate, measured as a dietary fiber.
The product is widely used as a weight management supplement making it a major driver for the global glucomannan market. Increasing occurrences of obesity and associated diseases throughout the world, especially in North America, will have a positive impact on the industry. According to a WHO study, more than 600 million adults throughout the world were suffering from obesity as of 2014 and it has more than doubled in the past 35 years. Increasing health awareness and prescription of obesity curing drugs will propel the overall glucomannan market in the coming years.
Glucomannan market demand is also driven by its use as a nutritional supplement for events such as type 2 diabetes, acne vulgaris, high cholesterol, and constipation. It helps in improving the blood sugar levels in people suffering from diabetes. Also, it helps in the bowel health issues and reducing the cholesterol levels. It is highly absorbent and absorbs huge amount of water and works in the stomach and intestines to form a large fiber for treating patients suffering from constipation. Due to these major uses the glucomannan market demand worldwide is expected to witness a robust growth over the estimated timespan.
Glucomannan market can also be segmented on end user basis in weight management supplement for weight loss programs and curing obesity, and in pharmaceuticals for curing high diabetes, skin diseases, high cholesterol, etc. Prevalence of diabetes has risen to 8.5% in 2014 from 4.7% in 1980 and had an estimated death toll of 1.5 million in 2012. Growing demand for anti-diabetic medication to avoid the dismal consequences will propel the global glucomannan market in the estimated timespan.
Request for customization of this report @ https://www.gminsights.com/roc/1276
Some of the major players of the glucomannan market include multinational companies such as Green Fresh Group, FMC Biopolymer, Precision Nutrition Inc., TIC Gums Inc., Baoji Konjac Chemicals Company Ltd., Kowa India Pvt. Ltd., Greenutra Resource Inc., AuNutra Industries Inc. and Konjac Foods to name a few. These key competitors are expected to go through business expansions by widening their product portfolio with constant R&D activities to mitigate the adverse effects of the product.
Market share calculation in this report is not done based on companies covered in it. The calculation of glucomannan market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results