APPLE FIBER MARKET ANALYSIS

Apple Fiber MarketSize and Trends

Market Outlook

• The apple fiber market is expected to grow due to its application segment. The various application of apple fiber in numerous edible products such as breads, cookies, cookie fillings, donuts & fritters, dried fruit snacks, dried salad seasonings, horse treats, muffins, neutraceuticals, and sausages along with others. The high application of apple fiber is due to its extended properties such as it acts a natural thickening agent, a fruit extender, low cost bulking agent, and as a fat reducer. Owing to these factors the apple fiber market is expected to gain a major traction for the forecast period.
• Increasing demand for organic food products and beverages is expected to create opportunities for major market players such as Mayer Brothers and Herbafood Ingredients GmbH along with others players. Fibers extracted from organic apples is expected to gain more traction than conventional apples, owing to increasing trend of using organic products. Organic apples are pesticides free, as according to Environmental Working Group (EWG). Other factors such as better taste, low-sugar, and high-fiber content than conventional apples is another factor expected to aid in growth of the segment over the forecast period.

Market Trends

• Asia Pacific is expected to be the fastest growing region in the apple fiber market during the forecast period, owing to increasing demand for clean food and organic products. According to Alzheimer Disease International report, in Asia Pacific, the number of people with dementia is estimated to increase from 23 million people in 2015 to 71 million people by the year 2050. According to a clinical trial data by ADI in 2014, showed that application of apple fiber as a food nutrient helps to improve the behavior and mood of the patients those are diagnosed with dementia disease. Thus, Asia Pacific in expected to exhibit the highest CAGR in the global apple fiber market during the forecast period (2018–2025).
• Major players operating in the apple fiber market include CFF GmbH & Co. KG, J. RETTENMAIER & SÖHNE GmbH + Co KG, Pestell Minerals & Ingredients Inc, Marshall Ingredients, Herbafood Ingredients GmbH, and Mayer Brothers.