The arabinoxylan fiber market is poised to record substantial growth owing to ever-increasing demand for food products that are easily digestible and rich in antioxidants. The demand for vegan products and supplements have escalated considerably over the years. The need to develop new organic products have urged companies to invest in indigenous technology, new product developments and strategic partnerships.
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The arabinoxylan fiber market may exceed USD 40 million by 2026, according to a report by Global Market Insights, Inc. This growth can also be credited to rising demand for natural ingredients in cosmetic products owing to increasing awareness about the side-effects of chemical additives.
Europe arabinoxylan fiber market is projected to account for over USD 12 million by 2026 on account of rising consumer preference to collagen based anti-aging serums and growing geriatric population. Being rich in antioxidants and proteins, arabinoxylan fiber is widely used to make collagen based cosmetic products. Its water retention properties and skin moisturizing capabilities make it highly suitable in cosmetics that work well in extreme winter conditions.
Arabinoxylan fiber being mostly derived from cereal grains such as wheat, corn, oat, and barley has driven the adoption of new technologies to boost farm produce. In 2020, U.S. food corporation, Cargill invested $2 million in the next phase of its partnership with World Resources Institute (WRI) to accelerate the development of technologies including a new Water Management Toolkit.
With shifting consumer preference and dietary patterns, the arabinoxylan fiber market for meat product application is estimated to reach a CAGR of over 11% by 2026. The demand for meat alternatives has increased significantly in recent years.
Arabinoxylan fiber is used as a substitute to make meat alternatives given to its ability to offer a meat-like texture and aid in binding. Arabinoxylan fiber is odorless, offers a neutral taste and combines well with several natural ingredients, making it a viable substitute for meat-less products.
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Given to changing consumer preferences, companies in the F&B, agricultural feed and cosmetics industry are developing new products and solutions using arabinoxylan fiber. High quality material sourcing, signing long term contracts and opening new manufacturing centers are some of the key strategies being undertaken by these firms.
Speaking along similar lines, the use of arabinoxylan fiber in the beverage industry is also growing substantially owing to the demand for easily digestible and high-performance inducing ingredients. Rising consumption of probiotics and high dietary fiber content in beverages in order to boost heart and digestive health is likely to fuel arabinoxylan fiber market share.
Leveraging marketing efforts in order to increase brand awareness and broadening consumer base may favor business expansion. While incorporation of new extraction methods to promote product with sustainability and purity taglines will rapidly drive overall business outlook.
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