The market for acacia fiber powder is anticipated to be worth US$ 8.84 billion in 2022 and US$ 14.2 billion by 2032. During the projection period of 2022–2032, the market is anticipated to grow at a CAGR of 5%. The expansion of health issues like obesity and other problems with health are to blame for the increase in market worth.
Acacia fiber powder is a complex polysaccharide and unlike other fibers, it ferments slowly in the digestive tract, leading to the delayed and gentle release of gas without causing digestive discomfort. Acacia fiber powder helps in weight management by creating a feeling of fullness as it swells when dissolved in water in the stomach and intestine.
A key benefits of acacia fiber powder is that it helps in nourishing microbiome in the body, which in turn helps in digestion and metabolism. One tablespoon of acacia fiber powder provides RDA between 21% and 29% for adult women and 16% and 20% for adult men.
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Acacia Fiber Powder Market: Dynamics
Acacia fiber powder is a popular ingredient in the food industry as it find application as a stabilizing agent, an emulsifier and a binder. It also enhances the shelf life of the end product. Acacia fiber powder is incorporated in many food products, owing to its lack of aftertaste and GRAS status.
Also, recently, acacia fiber powder has been approved by the European Union as a safe food additive, which is expected to further drive the global acacia fiber powder market. Acacia fiber powder is commercially used in the preparation of edible coatings for fruits and vegetables, in place of paraffin wax, to extend the shelf life of the fruits.
Besides its incorporation in functional foods, acacia fiber powder is widely used in dietary supplements due to its high content of dietary fiber. It is used in many low-calorie and dietetic beverages as a source of soluble fiber as one gram of acacia fiber powder contains less than 1cal.
Global Acacia Fiber Powder Market: Market Participants
Examples of some of the key manufacturers identified in the acacia fiber powder market include Nexira, Ingredion Inc., Kerry Group, Gum Arabic Company, Alland and Robert, among others.
Global Acacia Fiber Powder Market: Key Developments
With significant investments, research and development in underway to investigate new applications of acacia fiber powder in various fields such as pharmacology, nanotechnology, tumor imaging and drug delivery. Several studies have shown that acacia fiber powder has potential in Nano construct and molecular imaging and its redox property is important for Nano-materials.
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Global Acacia Fiber Powder Market: Opportunities for Market Participants
Acacia fiber powder’s status as GRAS as well as approval from EU countries for its use as a food additive are likely to surge the demand in western countries and produce new opportunities for African countries such as Chad, Sudan, Nigeria, Mali and Ethiopia.
However, the poor financial condition of farmers from African countries such as Sudan and adverse climatic conditions are posing a threat towards acacia forestry. Also, the production of acacia has declined due to competition from other cash-crops, which is producing a gap between supply and demand.
Enhancing the cost of acacia fiber powder and its derivatives on a global level might encourage farmers to opt for acacia farming and with the proper implementation of several programs, revive and boost gum production.
The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Acacia Fiber Powder Market: Segmentation
Segmentation of the acacia fiber powder market on the basis of nature:
- Organic
- Conventional
Segmentation of the acacia fiber powder market on the basis of type:
- Acacia Senegal
- Acacia Seyal
Segmentation of the acacia fiber powder market on the basis of end use:
- Food and beverage
- Confectionery and bakery products
- Dairy products
- Soft drinks
- Pharmaceutical
- Dietary supplement
- Veterinary medicine
- Cosmetic
- Adhesive
- Textile
Segmentation of the acacia fiber powder market on the basis of distribution:
- Direct
- Indirect
- Wholesale
- Online retailer
- Supermarket
- Specialty store
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