LAMEA Konjac Market Size, Share & Industry Trends Analysis Report By End Use (Food & Beverages, Pharmaceutical, and Cosmetics), By Product Type, By Distribution Channel, By Country and Growth Forecast, 2022-2028

The Latin America, Middle East and Africa Konjac Market is expected to witness market growth of 10.0% CAGR during the forecast period (2022-2028).

The konjac plant can grow in a variety of conditions. The Konjac plant and its products are currently grown and produced mostly in the Asia-Pacific region. However, because of the growing demand for high-fiber, low-calorie, and gluten-free products, there is numerous potential for enterprises around the world to expand considerably in the Konjac market. In addition, Konjac flour is produced from the roots of konjac plants, which are harvested and peeled until they reach maturity.

Peeled roots are cut into chunks and dried in warm air, the powder is then processed to separate the light elements from the heavier flour, the leftover glucomannan is used in pasta, noodles, and other meals. Konjac flour is a flavorless, natural soluble fiber derived from konjac plants.

Dietary fiber intake is linked to enhanced intestinal health. It softens the feces and makes it simpler to pass. Supplements containing Konjac glucomannan were found to help with this impact in several tests. Supplementing with konjac glucomannan made feces smoother and more frequent.

It also exhibited favorable prebiotic effects, which means it helps "good" bacteria proliferate in the gut. However, the outcomes of several investigations were mixed. Konjac enhanced the regularity of bowel movements marginally but not drastically enough to be considered a useful treatment choice in a small trial of children with constipation.

For the first time, one of the year's top beauty and wellness crazes, Konjac Facial Applicators from the Konjac Sponge Co., is available for UAE residents. The Far East has been in the spotlight for the past couple of years due to its innovative beauty and universal health care tyrannies.

The Brazil market dominated the LAMEA Konjac Market by Country in 2021, and is expected to continue to be a dominant market till 2018; thereby, achieving a market value of $25.1 million by 2018. The Argentina market is anticipated to grow at a CAGR of 10.6% during (2022-2028). Additionally, The UAE market is expected to witness a CAGR of 9.7% during (2022-2028).

Based on End Use, the market is segmented into Food & Beverages, Pharmaceutical, and Cosmetics. Based on Product Type, the market is segmented into Flour, Gum, Dietary Fiber, and Others. Based on Distribution Channel, the market is segmented into Hypermarkets /Supermarkets, Specialty Stores, Online Channels, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Hubei Yizhi Konjac Biotechnology Co. Ltd., FMC Corporation, Baoji Konjac Chemical Co. Ltd., NOW Foods, Inc., Slendier Health Food and Wellness, Shanghai Brilliant Gum Co., Ltd. (BLG), Andi-Johnson Group, The Konjac Sponge Company, and NAH Foods Ltd. (Konjac Inov)

Scope of the Study

Market Segments Covered in the Report:

By End Use

• Food & Beverages
• Pharmaceutical
• Cosmetics

By Product Type

• Flour
• Gum
• Dietary Fiber
• Others

By Distribution Channel

• Hypermarkets/Supermarkets
• Specialty Stores
• Online Channels
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Hubei Yizhi Konjac Biotechnology Co. Ltd.
• FMC Corporation
• Baoji Konjac Chemical Co. Ltd.
• NOW Foods
• Slendier Health Food and Wellness
• Shanghai Brilliant Gum Co., Ltd. (BLG)
• Andi-Johnson Group
• The Konjac Sponge Company
• NAH Foods Ltd. (Konjac Inov)