Global Konjac Market to reach USD XX billion by 2027.Global Konjac Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Konjac, is common name of a plant mainly found in the Asian region. This plant is mainly cultivated in subtropical to tropical regions of Asia. Konjac is widely used for its medicinal uses. Growing healthy food and beverage industry and increasing awareness for healthy food are growing demand for Konjac. According to Prinovaglobal, the plant-based food market is expected to grow at a compound annual growth rate of 11.9% from 2020 to 2027, reaching USD 74.2 billion by 2027. Also, with the increasing Strong support from government bodies the adoption & demand for Konjac is likely to increase the market growth during the forecast period. However, high cost owing to high production cost will impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Konjac market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing sales volume and market growth. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as increasing adoption and demand from Japan would create lucrative growth prospects for the Konjac market across Asia-Pacific region.

Major market player included in this report are:
FMC CORPORATION
Shaanxi Jintai Konjac Industrial Development Co
Shanghai Brilliant Gum Co. Ltd
Henan Xin Industry Co. Ltd
Hubei Yizhi Konjac Biotechnology Co. Ltd
Konjac Sponge Company.
ANDI-JOHNSON GROUP
KALYS S.A
BLG
MONKEY KING FOOD CO., LTD
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Powder
Gum
Flour
Dietary Fiber
By End Use Industry:
Food
Pharmaceutical
Cosmetics
Animal Feed
Others
By Distribution Channel:
Hypermarket/Supermarket
Specialty Stores
Retail Shops
Online Sales Channel
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Konjac Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors