(PRWEB) June 28, 2014
The North American market for Fibers & Speciality carbohydrates accounted 23.1% in 2013 & it is anticipated to be 22.9% by the end of the year 2019. North America is a major contributor to revenue for the fiber and specialty carbohydrate market owing to the increased consumption of dietary supplements by consumers, in order to avoid health issues such as obesity, diabetes, and cardiac disorders. They have now realized the importance of a high fiber diet to maintain weight and prevent lifestyle diseases. Hence, the demand for dietary fiber and carbohydrates has accelerated in the U.S. markets, making it the leading revenue generator for dietary fiber and carbohydrates in the North American region. The North American market for fibers and speciality carbohydrates is expected to grow at a CAGR of 7.0% from 2013 to 2018. The North American market for fibers & speciality carbohydrates, (country wise) was dominated by U.S. in 2013 and it is expected to remain same in 2018. Mexico is estimated to grow at the fastest CAGR of 8.2% between 2013 and 2018.The leading players for Fibers & speciality carbohydrates in North America are Tate &Lyle,Cargill Inc, DuPont, Ingredion & Roquette. Tate & Lyle Incorporated recorded the largest revenue of $1.7 billion in 2013 and it is estimated to reach $2.4 billion by 2018 at a CAGR of 6.9%.
Browse through the market data tables, figures and detailed ToC on the “North America Fibers & Speciality Carbohydrates (Nutraceuticals) Market”.
Europe Fibers & Speciality Carbohydrates (Nutraceuticals) Market:
The European market for Fibers & Speciality Carbohydrates accounted 21.2% in the year 2013 of Global Nutraceutical Market; it is estimated to become 21.3% by 2018. Germany is the largest market for fibers and specialty carbohydrates in the European region. The consumers in Germany have increased the consumption of dietary fibers and carbohydrates in order to maintain their health and wellness, and to prevent diseases such as obesity, hypertension, diabetes, etc. The West European market is witnessing large consumer awareness related to the health benefits of dietary fibres and carbohydrates. Europe is an important market for dietary fibre and carbohydrate ingredients. With a rise in disposable income in countries such as France, Italy, Germany, UK, etc., the demand for nutritional food is showing promising growth.The European fibers and specialty carbohydrates market is expected to grow at a CAGR of 7.3% from 2013 to 2018. Europe fibers & specialty carbohydrates market (country wise), was dominated by Germany in 2013 and it is expected to remain same in 2018.Company wise Tate&Lyle recorded the largest market share of $2.2 billion in 2013 and is estimated to reach $3.1 billion by 2018 at a CAGR of 7.2%.
Asia-Pacific Fibers & Speciality Carbohydrates (Nutraceuticals) Market:
The Asia-Pacific region has ample amounts of raw material and resources for dietary fibre and carbohydrate production. Countries such as India, China, and Australia have tremendous amounts of agricultural production of high fibre content plants and oilseeds that are primary raw material for fibre and carbohydrate ingredients. The rising standard of living, combined with a rise in disposable income, has made the Asia-Pacific region an attractive market for fibre and speciality carbohydrate ingredients.Dietary supplement, due to its massive demand in this region, is the largest application segment.The Asia-Pacific fibers and specialty carbohydrates are expected to grow at a CAGR of 7.9% from 2013 to 2018. The Asia-Pacific fibers & specialty carbohydrates market (country wise), was dominated by Japan in 2013 and it is expected to remain same in 2018. China is estimated to grow at the fastest CAGR of 8.1% between 2013 and 2018. Sumitomo recorded the largest revenue of 73.7 million in 2013 and it is estimated to reach $106.7 million by 2018 at a CAGR of 7.7%. Company wise Fibers & Speciality carbohydrates in APAC, Tate & Lyle incorporated the largest revenue of $254.45 million and is estimated to reach $373.5 million by 2018 at a CAGR of 8%.
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