Microbial-derived Fiber Market
Microbial-derived Fiber Market Analysis by Synthetic and Natural for Food & Beverage Additives, Conventional Desserts, Meat Products, and Food Packaging from 2023 to 2033
Analysis of Microbial-derived Fiber Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Microbial-derived Fiber Market Outlook (2023 to 2033)
The global microbial-derived fiber market is predicted to expand at an impressive CAGR of 9.8% and touch a valuation of US$ 62.33 million by 2033, up from US$ 24.47 million in 2023.
Microbial-derived fiber is a form of dietary fiber produced by the fermentation of certain microorganisms. These microorganisms, which are usually bacteria or yeasts, break down complex carbohydrates and create fiber as a byproduct. The resulting fiber is known as microbial or fermentable fiber.
Microbial fibers differ from the typical dietary fibers found in plant-based foods such as vegetables, fruits, whole grains, and legumes. While plant-based fibers are derived from the structural components of plants, microbial-derived fibers are produced by the metabolic activity of microorganisms.
Microbial-derived fibers have been linked to several potential health advantages. They can help with digestion by encouraging the growth of beneficial gut bacteria and improving bowel regularity. Furthermore, microbial-derived fibers can help regulate blood sugar levels, enhance insulin sensitivity, and aid in weight management by increasing feelings of fullness.
Consumers nowadays are increasingly seeking out functional foods that provide additional health advantages in addition to basic nutrition. Microbial-derived fibers are being incorporated into a variety of functional food and beverage products, such as cereals, snacks, and beverages. The addition of microbial-derived fibers to these products allows manufacturers to improve the nutritional profile and appeal of their offerings.
Irritable bowel syndrome (IBS), inflammatory bowel disease (IBD), and other gastrointestinal problems have become more common worldwide.
- For instance, as per the International Foundation for Gastrointestinal Disorders (IFFGD), irritable bowel syndrome (IBS) affects between 25 and 45 million people in the United States.
These disorders frequently necessitate dietary changes, including the addition of fiber to promote digestive health. Microbial-derived fibers, which have the potential to promote gut health, are gaining popularity as a dietary intervention for controlling these disorders. Moreover, advances in biotechnology and fermentation processes have made commercial production of microbial-derived fiber more feasible. This has resulted in increased market availability and a wider variety of microbial-derived fiber products.
| Report Attributes | Details |
|---|---|
| Microbial-derived Fiber Market Size (2023) | US$ 24.47 million |
| Projected Market Value (2033) | US$ 62.33 million |
| Global Market Growth Rate (2023 to 2033) | 9.8% CAGR |
| United States Market Value (2033) | US$ 14.46 million |
| Demand Growth Rate of Natural Fibers (2023 to 2033) | 10.1% CAGR |
| Key Companies Profiled | BIOESQUE; Borregaard AS; BOWIL Biotech; HNB BIO CO., LTD; Axcelon Biopolymers Corporation |
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Why is the Worldwide Market for Microbial-derived Fibers Experiencing Robust Growth?
“Increasing Awareness of Significance of Gut Health”
There is an increasing awareness of the vital role that gut health plays in overall well-being. Research has shown that a healthy gut microbiome, which includes a diverse and balanced population of microorganisms, is associated with various health benefits.
As people become more aware of the importance of gut health in overall health, there is an increasing demand for items that promote healthy gut microbiota. For example, prebiotic fibers are renowned for their ability to selectively encourage the growth and activity of beneficial gut bacteria. These fibers nourish the gut microbiota, promoting their diversity and balance. The rising demand for gut-friendly products has raised interest in and consumption of microbial-derived fibers.
Country-wise Insights
What Puts the United States in the Driver's Seat of the Global Market?
“Increasing Product Awareness, Booming Functional Food & Beverage Market, and Supportive Regulatory Environment”
The United States microbial-derived fiber market is set to hit US$ 14.46 million by 2033. Consumers in the United States are becoming more aware of the importance of gut health. Many people are looking for methods to improve their digestive health and overall well-being. Microbial-derived fibers are gaining popularity as a dietary intervention to promote digestive wellness.
The country has a thriving market for functional foods and beverages that provide health advantages beyond basic nutrition. Manufacturers are integrating microbial-derived fiber into a variety of items, including snacks, bars, cereals, and beverages, to improve their nutritional profile and attract health-conscious customers. The need for these functional food options is helping to drive the country's market forward.
The regulatory climate in the United States has been supportive of promoting and labeling dietary fibers, such as microbial-derived fibers.
- In 2016, the United States Food and Drug Administration (FDA) issued a definition for dietary fiber, which includes particular kinds of microbial-derived fibers like resistant starch.
This clarity in labeling and regulatory framework has pushed manufacturers to include microbial-derived fibers in their products. Moreover, clinical trials and observational research on the health advantages of microbial-derived fiber have attracted interest in the United States. This rising body of scientific evidence has bolstered the legitimacy of microbial-derived fiber and raised awareness among consumers, healthcare professionals, and the food sector.
Which Countries are Making Significant Contributions to Asia Pacific Market Growth?
“China and Japan Significantly Driving Regional Market Expansion”
The market for microbial-derived fiber in China is expected to touch US$ 12 million by 2033. As China's middle class grows and becomes more health-conscious, there is a greater emphasis on preventative health measures and overall wellness. As a result, there is a growing demand for microbial-derived fiber products.
The Chinese government has actively promoted health and wellness measures, including initiatives to enhance nutrition and encourage good eating habits. These activities have helped to foster the expansion of the functional food sector, which includes microbial-derived fiber products.
Rising disposable income in China has resulted in increased consumer spending on health and wellness items. Individuals with increased purchasing power are more willing to invest in products with potential health benefits, such as microbial-derived fiber supplements and functional foods.
The Japanese market is forecasted to garner US$ 4.17 million by 2033. Japan has a strong culture of preventative healthcare, with people actively seeking ways to stay healthy and avoid disease. Digestive health is considered important for general well-being, and there is growing interest in dietary interventions that help support a healthy gut. Microbial-derived fibers, recognized for their potential digestive health advantages, are gaining appeal in the Japanese market.
Japan has one of the world's oldest populations, resulting in a higher prevalence of digestive issues and concerns. As a result, there is a high demand for microbial-derived fibers that help improve digestive health and ease symptoms of disorders such as constipation and irritable bowel syndrome.
How are the United Kingdom and Germany Aiding European Market Growth?
“High Consumer Awareness Regarding Gut Health”
The United Kingdom and Germany are aiding the growth of the regional market. The market in the United Kingdom and Germany is estimated to achieve US$ 2.86 million and US$ 7.72 million by 2033.
Europe is witnessing considerable growth in the global market.
- The European Food Safety Authority (EFSA) assesses the safety and scientific substantiation of health claims made for food ingredients such as fibers in the European Union (EU). The European Food Safety Authority (EFSA) has given scientific opinions on numerous fibers, including those generated from microbial sources. These opinions contribute to the development of regulatory standards and guidelines for the utilization of microbial-derived fibers in food and beverage products.
Like other countries, the United Kingdom and Germany have seen a considerable increase in consumer awareness and interest in gut health. People are becoming more aware of the significance of keeping a healthy gut microbiome for general health.
Microbial-derived fibers are gaining appeal in these countries as a dietary component due to their ability to enhance gut health by supporting healthy gut bacteria. As a result, the United Kingdom and Germany are seeing increasing sales of microbial-derived fiber products.
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Category-wise Insights
Why are Natural Microbial-derived Fibers Attracting Attention?
“Soaring Demand for Clean Label, Functional, and Allergen-friendly Ingredients”
Natural microbial-derived fibers are dietary fibers derived from natural sources and produced through microbial fermentation processes. These fibers are usually obtained by using microorganisms such as bacteria or fungi to ferment certain substrates or feedstocks. Resistant starch, inulin, fructo-oligosaccharides (FOS), galacto-oligosaccharides (GOS), and beta-glucan are common examples of natural microbial-derived fibers.
According to Fact.MR, a market research and competitive intelligence provider, the global demand for natural microbial-derived fibers is poised to expand at a CAGR of 10.1% over the next ten years.
Consumers who are concerned about their health are actively looking for foods and ingredients that provide functional health benefits. In addition to fiber, natural microbial-derived fibers, such as those obtained from plants, are often high in vitamins, minerals, and antioxidants. This nutrient composition increases their appeal and corresponds with consumers' demand for foods that support general health and well-being.
Clean label and natural food products are becoming increasingly popular around the world. Consumers are increasingly turning to food and beverage options that are prepared with minimally processed, easily identifiable components. Natural microbial-derived fibers, obtained from fruits, vegetables, and grains, are in line with this trend since they are considered more wholesome and less processed than synthetic or chemically modified fibers.
Natural microbial-derived fibers can be beneficial for individuals with specific dietary needs, such as those with allergies or intolerances. Synthetic fibers or fibers derived from common allergenic sources may not be beneficial to everyone. Natural microbial-derived fibers give alternatives that are free of common allergens, making them appealing to people with dietary restrictions.
Competitive Landscape
Key players in the microbial-derived fiber market are actively pursuing inorganic tactics such as collaborations, acquisitions, investments, and R&D activities to grow and solidify their market presence.
- Polybion stated in March 2022 that its bacterial cellulose facility, the world's first, is ramping up production. Polybion's solar-powered, industrial-scale bacterial cellulose production facility will manufacture 1.1 million square feet of the company's proprietary biotextile Celium® per year at full capacity.
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Key Segments of Microbial-derived Fiber Industry Research
-
By Type :
- Synthetic
- Natural
-
By Application :
- Food and Beverage Additives
- Conventional Desserts
- Meat Products
- Food Packaging
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 9.1. Synthetic
- 9.2. Natural
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 10.1. Food and Beverage Additives
- 10.2. Conventional Desserts
- 10.3. Meat Products
- 10.4. Food Packaging
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. BIOESQUE
- 21.2. Borregaard AS
- 21.3. BOWIL Biotech
- 21.4. HNB BIO CO., LTD
- 21.5. Axcelon Biopolymers Corporation
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By Application, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By Application, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By Application, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By Application, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By Application, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By Application, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By Application, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By Application, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By Application, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By Application, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Application, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By Application, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By Application, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By Application, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By Application, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By Application, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By Application, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By Application, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By Application, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By Application, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By Application, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By Application, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By Application, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By Application, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By Application, 2023 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current size of the microbial-derived fiber market?
The global microbial-derived fiber market stands at US$ 24.47 million in 2023.
What is the predicted growth rate for the global microbial-derived fiber market?
The market for microbial-derived fibers is predicted to rise at a CAGR of 9.8% during the forecast period.
What is the projected size of the market for 2033?
Worldwide sales of microbial-derived fibers are set to reach US$ 62.33 million by 2033.
What is the predicted value of the United States market for 2033?
The United States market is forecasted to touch US$ 14.46 million by 2033.
How fast is global demand for natural microbial-derived fibers estimated to develop?
Consumption of natural microbial-derived fibers is forecasted to rise at a CAGR of 10.1% from 2023 to 2033.
Microbial-derived Fiber Market