Driven by changing consumer preference towards high fiber and slow sugar ingredients, the global corn fiber market is anticipated to record substantial gains by 2026. Changing dietary patterns, rising emphasis on consuming high nutrition diet, increasing transition towards higher quality ingredients and surge in global youth population are some of the factors that are expected to fuel product demand. According to Global Market Insights, Inc., Corn Fiber Market size exceeded USD 790 million in 2021 and is estimated to grow at over 13% CAGR from 2022 to 2028.

Corn fiber is obtained through enzymatic hydrolysis of corn starch. It finds application in several industries including textile, food and beverages, animal nutrition and pharmaceutical. Given to growing product demand, corn fiber manufacturers are developing new products and high-quality packaging solutions that meet consumer demand.

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Meanwhile, development of new products with safety approval is helping firms attract a wider consumer base. For instance, in 2018, major corn fiber producer, Tate & Lyle announced that the US FDA approved the company’s PROMITOR Soluble Fiber and STA-LITE Polydextrose as dietary fibers.

How will the textile sector contribute towards corn fiber market growth?

Corn fiber is extensively used in textile and apparel sector to make jeans, sportswear and t-shirts. It regains moisture better than polyester, making it useful for making superior quality fabrics. It also has full luster and good elasticity which makes the product suitable for producing various apparels. Several textile manufacturers are developing corn fiber in both the filamentous and spun forms to obtain light fabrics, a trend that may fuel market size.

How are industry players contributing towards corn fiber market growth?

Product manufacturers and companies are focusing on developing new products by means of mergers and acquisitions to meet growing consumer demand. Investments are being made by industry players to achieve brand recognition through sourcing of local raw material and competing on basis of quality, grade and price. They are also diversifying their business by launching new product lines to meet various demands from different end-use sectors.

Which region is expected to come up as a hotspot for corn fiber suppliers?

Asia Pacific is witnessing a rise in demand for corn fibers as a value-added ingredient. Increasing health problems including lack of nutrient-rich diet among the younger population across countries like India, China and Japan is likely to drive market size. Rapid growth in the food industry coupled with technological advancements are other factors anticipated to boost regional market growth.

On a global scale, the competitive landscape of corn fiber market comprises of firms such as Cargill Incorporated, Ingredion, Archer Daniels Midland Company and Tate & Lyle. These companies are focusing on enhancing their market position by means of various tried and tested strategies such as increasing advertising efforts, new product developments and geographical expansions, among others.

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