What is Global Apple Fibre Market?
The Global Apple Fibre Market is a comprehensive study of the worldwide market trends and growth prospects for apple fibre, a dietary supplement derived from apples. This market is a significant segment of the global food and beverage industry, and it has been experiencing steady growth due to the increasing awareness about the health benefits of dietary fibre. Apple fibre is a natural source of dietary fibre, which is essential for maintaining a healthy digestive system. It is also rich in antioxidants and can help to reduce the risk of chronic diseases such as heart disease and diabetes. The global apple fibre market was valued at US$ 16 million in 2022, and it is expected to reach US$ 23 million by 2029. This market is driven by the growing demand for healthy and natural food products, as well as the increasing popularity of apple fibre as a functional ingredient in a variety of food and beverage products. However, the market also faces some challenges, such as the high cost of apple fibre and the lack of awareness about its benefits in some regions. Despite these challenges, the global apple fibre market is expected to continue its growth trajectory in the coming years, thanks to the increasing consumer interest in healthy eating and natural food products.
Dietary Fiber: Less Than 50%, Dietary Fiber: More Than or Equal to 50% in the Global Apple Fibre Market:
The Global Apple Fibre Market is segmented based on the dietary fibre content of the apple fibre products. These segments include Dietary Fiber: Less Than 50% and Dietary Fiber: More Than or Equal to 50%. The Dietary Fiber: Less Than 50% segment includes apple fibre products that contain less than 50% dietary fibre. These products are typically used as a supplement to increase the fibre content of the diet, and they are popular among consumers who are looking to improve their digestive health. On the other hand, the Dietary Fiber: More Than or Equal to 50% segment includes apple fibre products that contain 50% or more dietary fibre. These products are often used as a primary source of dietary fibre, and they are favored by consumers who are on a high-fibre diet or who have specific dietary needs. The demand for these high-fibre apple products is growing, as more and more consumers are recognizing the importance of dietary fibre for their health.
Bakery Products, Meat Products, Beverage Products, Desserts Products, Others in the Global Apple Fibre Market:
The Global Apple Fibre Market is also segmented based on the application of apple fibre in various food and beverage products. These segments include Bakery Products, Meat Products, Beverage Products, Desserts Products, and Others. Apple fibre is widely used in bakery products, as it can improve the texture and nutritional profile of these products. It is also used in meat products, where it can act as a binder and improve the juiciness and tenderness of the meat. In beverage products, apple fibre can add a natural sweetness and enhance the mouthfeel of the beverage. It is also used in desserts products, where it can provide a natural sweetness and improve the texture of the desserts. The Others segment includes various other applications of apple fibre, such as in sauces, dressings, and snacks. The use of apple fibre in these various applications is driven by the growing consumer demand for healthy and natural food products.
Global Apple Fibre Market Outlook:
The global Apple Fibre market has been experiencing steady growth, with a valuation of US$ 16 million in 2022 and an anticipated value of US$ 23 million by 2029. This growth is expected to continue at a compound annual growth rate (CAGR) of 5.0% during the forecast period of 2023-2029. The market is dominated by several key providers, including JRS, Herbafood, CFF GmbH & Co. KG, Marshall Ingredients, Lipotec, LaBudde Group, InterFiber, among others, which collectively account for about 75% of the market. Europe is the largest market for apple fibre, holding a share of over 76%. The most common application of apple fibre is in bakery products, which account for about 38% of the market. This data provides a snapshot of the current state of the global Apple Fibre market and its key players, as well as the market's growth prospects in the coming years.
Report Metric | Details |
Report Name | Apple Fibre Market |
Accounted market size in 2022 | US$ 16 in million |
Forecasted market size in 2029 | US$ 23 million |
CAGR | 5.0% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | JRS, Herbafood, CFF GmbH & Co. KG, Marshall Ingredients, Lipotec, LaBudde Group, InterFiber |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |