Global konjac market size and share is currently valued at USD 1086.51 billion in 2023 and is anticipated to generate an estimated revenue of USD 2.04 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 7.30% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Market Overview:
The konjac market has witnessed substantial growth, driven by increasing consumer awareness of healthy eating and natural food products. Konjac, derived from the root of the Amorphophallus konjac plant, is widely valued for its high dietary fiber content and low-calorie count. Its primary component, glucomannan, is recognized for its health benefits, including weight management, improved digestion, and blood sugar regulation.
Konjac is used across various industries, including food and beverages, pharmaceuticals, and cosmetics. Popular products such as konjac flour, noodles, and dietary supplements have gained significant traction due to their health benefits and versatility. Additionally, the growing demand for gluten-free and vegan products has further boosted its appeal in global markets.
Key Trends in the Market:
- Rising Popularity of Konjac-Based Snacks and Meals
The demand for ready-to-eat, low-calorie snacks and meals has led to a surge in innovative konjac-based products like konjac chips, pasta, and rice. - Growing Use in Personal Care and Cosmetics
Konjac is finding applications in the cosmetics industry, particularly in skincare products like konjac sponges, which are celebrated for their gentle exfoliation and natural cleansing properties. - Increased Focus on Sustainable Farming Practices
As sustainability becomes a priority, konjac farming is gaining attention for its minimal environmental impact compared to other crops, adding to its appeal in eco-conscious markets. - Innovative Product Offerings
Manufacturers are introducing new and improved konjac products, including fortified noodles and beverages, to cater to diverse consumer preferences and dietary needs.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/konjac-market/request-for-sample
Some of the major players operating in the global market include:
- Baoji Konjac Chemical
- Beijing Jintai Konjac Biotechnology
- Henan Xin Industry
- Hubei Yizhi Konjac Biotechnology
- IHerbs
- Koyo Chemical
- Matsutani Chemical Industry
- Miracle Noodle
- NAH Foods
- NOW Foods
- Shanghai Brilliant Gum
- Slendier
- Thailand Konjac International
- The Mushroom Company
- Zeroodle
Recent Developments:
May 2023: Life Extension launched Easy Fibre, a natural dietary product made from konjac fruit. Designed to enhance satiety, support cardiovascular health, and improve digestive health, Easy Fibre features glucomannan derived from konjac root. The product is free from artificial flavors, colors, and sweeteners, emphasizing its commitment to natural and healthy ingredients.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The Konjac Market segmentation divides the market into several segments. The industry segmentation is primarily based on product type, application, end-use, and geographic factors. Besides, the research study covers several sub-segments of the market. An in-depth examination of each market segment and sub-segment has been provided, covering the industry size, growth prospects, industry drivers, and challenges. The detailed market segmentation helps stakeholders identify the diverse needs of different consumer groups in the market. Also, it pinpoints opportunities for targeted marketing and product development strategies.
Konjac Market, Nature Outlook (Revenue – USD Million, 2019-2032)
- Gum
- Flour
- Dietary Fiber
- Sponge
Konjac Market, End Use Industry Outlook (Revenue – USD Million, 2019-2032)
- Food & Beverages
- Pharmaceutical
- Cosmetics
Konjac Market, Distribution Channel Outlook (Revenue – USD Million, 2019-2032)
- Hypermarkets/Supermarkets
- Speciality Stores
- Online Channels
- Others
The konjac market is set to grow steadily, fueled by rising health consciousness, the popularity of plant-based diets, and ongoing innovation in product development. As consumers continue to seek natural, sustainable, and functional food options, konjac is expected to play a significant role in the global food and wellness industries, shaping dietary trends for years to come.
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