Konjac Market - Forecast(2024 - 2030)

Report Code: FBR 0590 Report Format: PDF + Excel

Konjac Market Overview:

The Konjac Market size is estimated to reach $ 1800 million by 2030, growing at a CAGR of 6.90% during the forecast period 2023-2030. konjac market was a growing industry with increasing popularity worldwide. Konjac, also known as Amorphophallus konjac, is a plant native to Asia, and its root is commonly used to produce a dietary fiber known as glucomannan.

The konjac market was primarily driven by the rising demand for healthy and natural food products. Glucomannan, extracted from konjac root, is a water-soluble dietary fiber that has gained attention for its various health benefits, including weight management, blood sugar regulation, and cholesterol reduction. Additionally, konjac-based products were sought after for their low-calorie and low-carb properties, making them popular among people following specific diets or seeking healthier food options.

The konjac market included a variety of products such as konjac noodles, konjac rice, konjac flour, konjac supplements, and other konjac-based food items. These products were commonly found in health food stores, specialty food shops, and some mainstream supermarkets.

 

Market Snapshot:
Konjac Market - Report Coverage:

The “Konjac Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the konjac market.

 

Attribute

Segment

By Product Type

  • Gum

  • Flour

  • Dietary Fiber

  • Sponge

By End Use Industry

  • Food & Beverages

  • Pharmaceutical

  • Cosmetics

By Distribution Channels

  • Hypermarkets/Supermarkets

  • Specialty Stores

  • Online Channels

  • Others

By Geography 

  • North America (U.S., Canada and Mexico)

  •  Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe),

  •  Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and the Rest of South America)

  • Rest of the World (Middle East and Africa).


Konjac Market - Top Trends

Growing demand for low-calorie and healthy food alternatives: Konjac products are popular among health-conscious consumers due to their low-calorie content and various health benefits. Konjac-based foods are often used as alternatives to high-calorie, carbohydrate-rich options, making them attractive to those looking to manage their weight or improve their diet.

Increasing interest in plant-based and vegan products: Konjac is a plant-based ingredient, making it suitable for vegan and vegetarian diets. As the demand for plant-based foods continues to rise, konjac-based products have gained popularity as a natural and sustainable alternative to animal-derived ingredients.

Expanding use in the food industry: Konjac flour, noodles, and other konjac-based products have found applications in the food industry as thickeners, stabilizers, and gelling agents. They are used to improve texture and enhance the sensory qualities of various food products, such as desserts, sauces, and beverages.

 

Rising awareness of konjac's health benefits: Konjac is associated with various health benefits, including its ability to aid in weight loss, improve digestion, and regulate blood sugar levels. As consumers become more health-conscious, they are seeking out products that offer functional benefits, driving the demand for konjac-based foods and supplements.


Expanding market for skincare and beauty products: In addition to its culinary uses, konjac is also used in the beauty and skincare industry. Konjac sponges, made from the konjac root, are known for their gentle exfoliating properties and have become popular for cleansing and exfoliating the skin naturally.

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Konjac Market Report. The top 10 companies in this industry are listed below: 

  1. Hubei Yizhi Konjac Biotechnology Co., Ltd

  2. Konjac Innov

  3. Miracle Noodles

  4. NAH Foods

  5. Shanghai Brilliant Gum Co.,Ltd

  6. Ishibashiya

  7. Slendier

  8. Baoji Konjac Chemicals Co., Ltd

  9. NOW Foods

  10. FMC Corporation

Scope of the Report:

Report Metric

Details

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

6.9%

Market Size in 2030

$2 Billion

Segments Covered

By Product Type, By End Use Industry, By Distribution Channels, By Geography

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).







Key Market Players

  1. Hubei Yizhi Konjac Biotechnology Co., Ltd

  2. Konjac Innov

  3. Miracle Noodles

  4. NAH Foods

  5. Shanghai Brilliant Gum Co.,Ltd

  6. Ishibashiya

  7. Slendier

  8. Baoji Konjac Chemicals Co., Ltd

  9. NOW Foods

  10. FMC Corporation


For more Food and Beverage Market related reports, please click here

1. Konjac Market Overview
    1.1 Definitions and Scope
2. Konjac Market – Executive Summary
3. Konjac Market – Market Landscape
    3.1 Company Benchmarking – Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis – Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Konjac Market – Startup Company Scenario 
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Konjac Market – Market Entry Scenario Premium 
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Konjac Market – Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter’s Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Konjac Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Konjac Market – By Product Type (Market Size - $Million/$Billion)
    8.1 Gum
        8.1.1 Market Trends by Region 
        8.1.2. Market Share & Forecast by Region
    8.2 Flour
        8.2.1 Market Trends by Region
        8.2.2 Market Share & Forecast by Region
    8.3  Dietary Fiber
        8.3.1 Market Trends by Region
        8.3.2 Market Share & Forecast by Region
    8.4 Sponge
        8.4.1 Market Trends by Region
        8.4.2 Market Share & Forecast by Region
9. Konjac Market – By End Use Industry (Market Size - $Million/$Billion)
    9.1 Food & Beverages
        9.1.1 Market Share & Forecast by Region
        9.1.2 Market Share & Forecast by Region
    9.2 Pharmaceutical
        9.2.1 Market Trends by Region
        9.2.2 Market Share & Forecast by Region
    9.3 Cosmetics
        9.3.1 Market Trends by Region
        9.3.2 Market Share & Forecast by Region
10. Konjac Market – By Distribution Channels (Market Size - $Million/$Billion)
    10.1 Hypermarkets/Supermarkets 
        10.1.1 Market Trends by Region
        10.1.2 Market Share & Forecast by Region
    10.2 Specialty Stores 
        10.2.1 Market Trends by Region
        10.2.2 Market Share & Forecast by Region
    10.3 Online Channels 
        10.3.1 Market Trends by Region
        10.3.2 Market Share & Forecast by Region
    10.4 Others
        10.4.1 Market Trends by Region
        10.4.2 Market Share & Forecast by Region
11. Konjac Market – by Geography (Market Size - $Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 Germany
        11.2.2 France
        11.2.3 U.K.
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 South Korea
        11.3.4 India
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Chile
        11.4.4 Colombia
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Konjac Market – Market Entropy
    12.1 New product launches
    12.2 M&A’s, collaborations, JVs and partnerships
13. Konjac Market – Industry Competition Landscape
    13.1 Market Share Analysis
        13.1.1 Market Share by Technology – Key Companies
        13.1.2 Market Share by Country – Key Companies
        13.1.3 Market Share by Region – Key Companies
    13.2 Competition Matrix
    13.3 Best Practices for Companies
14. Konjac Market – Key Company List by Country Premium 
15. Konjac Market – Company Analysis
    15.1 Hubei Yizhi Konjac Biotechnology Co., Ltd
    15.2 Konjac Innov
    15.3 Miracle Noodles
    15.4 NAH Foods
    15.5 Shanghai Brilliant Gum Co.,Ltd
    15.6 Ishibashiva
    15.7 Slendier
    15.8 Baoji Konjac Chemicals Co., Ltd
    15.9 NOW Foods
    15.10 FMC Corporation
    15.11 Shaanxi Jintai Konjac Industrial Development Co., Ltd.
    15.12 The Konjac Sponge Company

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The Konjac Market is forecast to grow at 6.90% during the forecast period 2023-2030.

The Konjac Market size is estimated to reach $ 1800 million by 2030, growing at a CAGR of 6.90% during the forecast period 2023-2030.

Top Companies in the Konjac Market are Shaanxi Jintai Konjac Industrial Development Co., Ltd, FMC Corporation, Shanghai Brilliant Gum Co. Ltd., Konjac Innov