Global Apple Fibre market will reach 18.69 million US$ by the end of 2025
Published Date: 2019/9/5
Currently, there are several producing companies in the world apple fibre industry. The main players are JRS, Herbafood, CFF GmbH & Co. KG, Marshall Ingredients and Lipotec. The global production of apple fibre will increase to 2223 MT in 2019 from 1586 MT in 2014 with average growth rate of 6.99%.
In consumption market, Europe and USA are the mainly consumption regions due to the bigger demand of downstream applications. In 2018, these two regions occupied 86.31% of the global consumption volume in total.
Apple fibre has different grade in dietary fiber content. And each type has different applications relatively with different properties. With fitness effect of apple fibre, the downstream application industries will need more apple fibre products. So, apple fibre has a huge market potential in the future.
The major raw material for apple fibre is fresh apple. Fluctuations in the price of the upstream product will impact on the production cost of apple fibre. The production cost of apple fibre is also an important factor which could impact the price of apple fibre.
The global Apple Fibre market is valued at USD 13.29 million in 2018 and is expected to reach USD 18.69 million by the end of 2025, growing at a CAGR of 4.99% between 2018 and 2025.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.
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