Corn Fiber Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Corn Fiber Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Corn Fiber Market is segmented By Food Application (Bakery, Breakfast Cereals & Snacks, Confectionery, Dairy, Meat Products, Infant Food), By Product Type (Soluble Corn Fiber, Insoluble Corn Fiber), By End Use Industry (Food & Beverages, Dietary Supplements, Animal Feed, Pharmaceuticals), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD Million) for the above-mentioned segments.
Corn Fiber Market is segmented By Food Application (Bakery, Breakfast Cereals & Snacks, Confectioner...
Corn Fiber Market Size - Analysis
The corn fiber market is estimated to be valued at USD 973.7 Mn in 2024 and is expected to reach USD 1,495.6 Mn by 2031. It is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031. Leading food brands in the corn fiber market are increasingly utilizing corn fiber in various applications such as bakery products, soups and sauces to enhance texture and mouthfeel.
Market Size in USD Mn
CAGR6.3%
Study Period
2024 - 2031
Base Year of Estimation
2023
CAGR
6.3%
Market Concentration
Medium
Major Players
Grain Processing Corporation, Doshi Group, Archer Daniels Midland Company, Cargill Inc., Tate & Lyle PLC and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Corn Fiber Market Trends
Market Driver - Growing Consumer and Business Awareness of Environmental Concerns
With growing concerns over sustainability and the impact of various industries on the environment, there is an increasing focus on utilizing resources efficiently and reducing waste. Corn fiber, obtained as a byproduct during corn processing, is seen as a material that can replace dirtier and less eco-friendly alternatives.
Businesses are equally aware that consumers today care about a company's sustainability practices and environmental stewardship. Using corn fiber allows manufacturers to promote their products as sustainable and environmentally conscious. Some properties of corn fiber that make it attractive from an eco-perspective.
Additionally, regulations around the world are also pushing industries to reduce their reliance on petroleum-based products and non-biodegradable materials. This driver of growing environmental awareness among all stakeholders in the corn fiber market bodes well for the future prospects of corn fiber.
Market Driver - Innovations in Extraction, Processing, and Manufacturing
Over the years, developments have been made across the corn fiber value chain that are helping expand its uses and unlock new opportunities. Advanced technologies now allow up to 95% of corn fiber to be removed from the kernel through refined dry and wet milling processes. This yields higher volumes of standardized, high quality fiber.
Similarly, processing techniques have evolved where corn fiber can be broken down into finer, value-added fractions like cellulose nanocrystals with specific material properties. Such innovations enhance fiber characteristics to suit diverse manufacturing needs. On the application development side, continuous R&D is exploring new product formulations and engineering customized corn fiber inputs.
Altogether, advances across the corn fiber value chain are strengthening its commercialization potential via customization and new market openings. The resulting increased demand and applications will serve as a strong driver for corn fiber market expansion in the coming years.
Market Challenge - Bamboo, Hemp, and Flax Fibers Offering Similar Benefits
One of the key challenges confronted by the corn fiber market is the presence of alternative natural fibers that offer similar benefits as corn fiber. Bamboo, hemp, and flax fibers are increasingly becoming popular choices for producers seeking sustainable and plant-based fibers. These alternative fibers have certain advantages over corn fiber.
Additionally, products made from bamboo, hemp, or flax fibers are perceived to have superior eco-friendly credentials by many consumers. These fibers also have longer and finer textures compared to corn fiber, making them suitable for high-performance applications.
The competition from such alternative natural fibers has forced corn fiber market players to focus on developing specialized applications. They also have to identify new product segments where their materials have distinctive performance attributes. However, as awareness regarding corn fiber's benefits grows, the competitive threats from these substitutes are likely to lessen in the coming years.
Market Opportunity - Opportunities for Corn Fiber Market Players in Bioplastics and Composites
There are vast opportunities for corn fiber market to expand in the bioplastics and composites segment. Corn fiber is increasingly emerging as a renewable and sustainable substitute for wood and glass fibers used in plastics and composites for various industrial applications. Its low cost, wide availability and comparable physical properties make it an attractive bio-based reinforcement material.
Many automotive and construction companies are actively exploring the utilization of corn fiber composites for non-structural interior and exterior parts as a way to reduce weight and provide sustainability advantages. Additionally, agriculture machinery and equipment manufacturers also present a solid growth avenue.
With ongoing R&D leading to improved performance, corn fiber is expected to displace traditional fibers in diversifying end uses over the coming decade. Increased acceptance and demand from key industrial sectors will help drive volume growth and valuation of the global corn fiber market.
Key winning strategies adopted by key players of Corn Fiber Market
Focus on new product innovation and development - Corn fiber is finding increasing applications in various industries such as food and beverages, pharmaceuticals, etc. Major players like Tate & Lyle, Archer Daniels Midland Company have focused on developing new and innovative corn fiber products to capture more market share.
Strategic partnerships and collaborations - Key players are partnering with local farmers, distributors, and end-use industries to strengthen their supply chain and distribution networks.
Mergers and acquisitions - Companies pursue M&A strategies to enhance production capabilities and expand their global footprint. For instance, in 2021, Ingredion acquired majority stakes in KaTech, a German maker of nature-based ingredients including corn fibers.
Focus on emerging economies - With rising health awareness and income levels, demand for corn fiber is growing rapidly in developing countries. Major players are focusing on Asia Pacific and Latin American regions through capacity extensions and marketing/distribution initiatives.
In terms of food application, bakery contributes 22.2% share of the corn fiber market owing to corn fiber's versatility in enhancing nutritional value. Bakery products have long faced public pressure to use wholesome ingredients that offer tangible health benefits. Corn fiber answers this demand as a clean-label fiber that can boost a product's micronutrient and nutrient density profile.
Corn fiber also improves freshness and shelf life in bakery applications. Its water-binding properties help baked goods stay fresher for longer by slowing staling. This extends product usability without needing preservatives. The ability to enhance freshness is valuable as on-the-go consumers demand snacks and breakfast items that can be conveniently stored and consumed over multiple days. Corn fiber's natural preservation aids have driven its adoption across shelf-stable baked goods. This will drive growth for the corn fiber market.
In terms of product type, soluble corn fiber contributes 57.3% share of the corn fiber market owing to its targeted nutrition and digestive support. Soluble corn fiber is a highly fermentable prebiotic that selectively feeds beneficial bacteria in the gut microbiome. Clinical studies show it can significantly increase bifidobacteria counts to promote bowel regularity and overall digestive comfort.
Soluble corn fiber's ease of digestion also makes it well-suited for dietary supplements. It delivers clean fiber without harsh side effects like gas or bloating that deter inclusion of less digestible fibers. The gentle fiber profile supports daily inclusion across populations from young to old without exacerbating digestive issues.
Additionally, the fermentable fiber provides a sustained energy source for colonic bacteria. This balanced release of short-chain fatty acids helps balance blood sugar and insulin response for individuals managing their weight, blood pressure, or cholesterol naturally. The metabolic support attributes drive soluble corn fiber adoption in sports nutrition and medical food formulations.
Insights, By End Use Industry: Meeting Modern Lifestyles, Food, and Beverages Dominate End Use
In terms of end use industry, food & beverages contributes the highest share of the corn fiber market owing to fast-paced lifestyles demanding convenient, nutritious options. The modern consumer has less time for elaborate home cooking and favors easy-to-prepare frozen meals, shelf-stable snacks, and beverages offering on-the-go sustenance. Corn fiber delivers texture and nutritional benefits that help these items more closely mimic freshly made recipes.
Its ability to add bulk, moisture, and creaminess allows corn fiber to replace fewer desirable calories from fat, sugar, and artificial ingredients in popular comfort foods and drinks. Whether enhancing the fiber profile of smoothies, extending protein bars or lightening dairy desserts, corn fiber satisfies the hunger for indulgence while keeping packages lean and clean. These qualities draw food formulators seeking to streamline recipes and label declarations as consumer demand for mindful eating accelerates.
Additional Insights of Corn Fiber Market
Cloud Corn Bedding: In 2023, Sheet Society launched Cloud Corn bedding made from corn starch, offering an eco-friendly, hypoallergenic alternative for bedding.
Technological Collaboration: Green Plains Inc. and Shell's collaboration in processing corn oil for biofuel and high-quality feed was a significant industry development.
North America held 38% of the corn fiber market share in 2023, driven by established infrastructure and a strong focus on sustainability.
Competitive overview of Corn Fiber Market
The major players operating in the corn fiber market include Grain Processing Corporation, Doshi Group, Archer Daniels Midland Company, Cargill Inc., Tate & Lyle PLC, Roquette Freres, HL Agro Products Pvt. Ltd., SunOpta Inc., Ingredion Incorporated, J. Retentate & Sohne GmbH & Co. KG, Henan Tailijie Biotech Co., Ltd., and Baolingbao Biology Co., Ltd.
Corn Fiber Market Leaders
Grain Processing Corporation
Doshi Group
Archer Daniels Midland Company
Cargill Inc.
Tate & Lyle PLC
*Disclaimer: Major players are listed in no particular order.
Corn Fiber Market - Competitive Rivalry
Corn Fiber Market
Market Consolidated (Dominated by major players)
Market Fragmented (Highly competitive with lots of players.)
*Source: Coherent Market Insights
Recent Developments in Corn Fiber Market
In October 2023, Tate & Lyle announced a significant investment of €25 million in its corn wet mill located in Boleráz, Slovakia, to establish new production capacity for its non-GMO PROMITOR® Soluble Fibres. This expansion aims to meet the increasing consumer demand for dietary fibers that support gut health and immunity.
In July 2023, Green Plains Inc. announced a technology collaboration with Equilon Enterprises LLC (Shell). This partnership integrates Green Plains' Fluid Quip Technologies' precision separation and processing technology (MSC™) with Shell's Fiber Conversion Technology (SFCT).
Corn Fiber Market Report - Table of Contents
RESEARCH OBJECTIVES AND ASSUMPTIONS
Research Objectives
Assumptions
Abbreviations
MARKET PURVIEW
Report Description
Market Definition and Scope
Executive Summary
Corn Fiber Market, By Food Application
Corn Fiber Market, By Product Type
Corn Fiber Market, By End Use Industry
Coherent Opportunity Map (COM)
MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
Global Corn Fiber Market, By Food Application, 2024-2031, (USD Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Bakery
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Breakfast Cereals & Snacks
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Confectionery
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Dairy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Meat Products
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Infant Food
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Global Corn Fiber Market, By Product Type, 2024-2031, (USD Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Soluble Corn Fiber
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Insoluble Corn Fiber
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Global Corn Fiber Market, By End Use Industry, 2024-2031, (USD Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Food & Beverages
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Dietary Supplements
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Animal Feed
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Pharmaceuticals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Global Corn Fiber Market, By Region, 2019 - 2031, Value (USD Mn)
Introduction
Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Mn)
Market Size and Forecast, By Food Application, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By End Use Industry, 2019 - 2031, Value (USD Mn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Food Application, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By End Use Industry, 2019 - 2031, Value (USD Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Food Application, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By End Use Industry, 2019 - 2031, Value (USD Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Food Application, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By End Use Industry, 2019 - 2031, Value (USD Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Food Application, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By End Use Industry, 2019 - 2031, Value (USD Mn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Food Application, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
Market Size and Forecast, By End Use Industry, 2019 - 2031, Value (USD Mn)
South Africa
North Africa
Central Africa
COMPETITIVE LANDSCAPE
Grain Processing Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Doshi Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Archer Daniels Midland Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Cargill Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Tate & Lyle PLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Roquette Freres
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
HL Agro Products Pvt. Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
SunOpta Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Ingredion Incorporated
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Retentate & Sohne GmbH & Co. KG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Henan Tailijie Biotech Co., Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Baolingbao Biology Co., Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
References and Research Methodology
References
Research Methodology
About us
Corn Fiber Market Segmentation
By Food Application
Bakery
Breakfast Cereals & Snacks
Confectionery
Dairy
Meat Products
Infant Food
By Product Type
Soluble Corn Fiber
Insoluble Corn Fiber
By End Use Industry
Food & Beverages
Dietary Supplements
Animal Feed
Pharmaceuticals
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About author
Vidyesh Swar is a seasoned Consultant with a diverse background in market research and business consulting. With over 6 years of experience, Vidyesh has established a strong reputation for his proficiency in market estimations, supplier landscape analysis, and market share assessments for tailored research solution. Using his deep industry knowledge and analytical skills, he provides valuable insights and strategic recommendations, enabling clients to make informed decisions and navigate complex business landscapes.
Frequently Asked Questions :
How big is the corn fiber market?
The corn fiber market is estimated to be valued at USD 973.7 Mn in 2024 and is expected to reach USD 1,495.6 Mn by 2031.
What are the key factors hampering the growth of the corn fiber market?
Bamboo, hemp, and flax fibers offering similar benefits and fluctuations in crop yields and commodity prices are the major factors hampering the growth of the corn fiber market.
What are the major factors driving the corn fiber market growth?
Growing consumer and business awareness of environmental concerns and innovations in corn fiber extraction, processing, and manufacturing are the major factors driving the corn fiber market.
Which is the leading food application in the corn fiber market?
The leading food application segment is bakery.
Which are the major players operating in the corn fiber market?
Grain Processing Corporation, Doshi Group, Archer Daniels Midland Company, Cargill Inc., Tate & Lyle PLC, Roquette Freres, HL Agro Products Pvt. Ltd., SunOpta Inc., Ingredion Incorporated, J. Retentate & Sohne GmbH & Co. KG, Henan Tailijie Biotech Co., Ltd., and Baolingbao Biology Co., Ltd. are the major players.
What will be the CAGR of the corn fiber market?
The CAGR of the corn fiber market is projected to be 6.3% from 2024-2031.
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