Top 5 Companies Leading the Global Corn Fibre Market

Archer Daniels Midland Company, Ingredion Incorporated, Roquette Frères, Tate & Lyle PIc, and HL Agro Products Pvt. Ltd, among others, are the major players in the global corn fibre market.

The global corn fibre market is expected to grow at a CAGR of 6% in the forecast period of 2023-2028. As per the analysis of Expert Market Research, the market is expected to be driven majorly by a paradigm shift towards healthy eating habits.

Corn fibre is a carbohydrate and is produced through enzymatic hydrolysis of corn starch. It is used in various beverages, prepared foods, baked goods, fruit drinks and dairy products. The increasing demand for high-quality ingredients, rising disposable incomes, and the easy availability of corn fibre are likely to propel the growth of the market.

Various pharmaceutical companies are increasingly using soluble corn fibre due to its medical benefits. Corn fibres are also used by food processing companies, thus the demand for corn fibre is expected to surge in the food and beverages sector. The use of soluble corn fibre to thicken processed food like baked goods, cereals, protein bars, and dairy products, among others, is also likely to increase. Moreover, the use of corn fibre as a sweetener owing to its low glycemic index is anticipated to drive its demand in the forecast period.

Regionally, North America is expected to witness major growth in the market due to its well-established textile and pharmaceutical industries. Various leading companies are increasingly investing in R&D to broaden their brand's reach, thus significantly contributing to market growth. In addition, corn fibre is used to support digestive systems, promote bone health, facilitate weight loss, and lower blood sugar and cholesterol levels.

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Top 5 Corn Fibre Companies in the World

Archer Daniels Midland Company

Archer Daniels Midland (ADM) is a food production company that converts raw food into edible items. It manufactures many items that include essential food ingredients such as oilseeds, soybean, and corn, among others. Moreover, the company is involved in health and wellness, animal nutrition, fuel, industrials, and farmer services, among others. In 2020, its net sales reached USD 64 billion.

Ingredion Incorporated

Ingredion Inc. is a global leader in the sector of food ingredients solution companies. It makes products that customers use in everyday life, ranging from food and ingredients to paper and pharmaceuticals. It turns grains, fruits and other materials obtained from plants into valuable edible items and biodegradable essential items like plastics and tissues. It markets and sells different types of products like extracts, fibres, flours, sweeteners and more. The company employs more than 10,000 people and operates in over 120 countries across the globe.

Roquette Frères

Roquette is a major plant-based ingredients company and a leading pharmaceutical excipient provider. The company aims to unlock the potential of natural resources for providing advanced ingredients in the nutrition, food, and health industries. It employs ,8360 people, operates in more than 100 countries, and has a turnover of around EUR 3.5 billion. In June 2022, the company launched two rice proteins to extend its NUTRALYS® plant protein range and meet growing consumer demand for healthy products.

Tate & Lyle PIc

Tate & Lyle is a leading ingredients company that aims to enhance the nutrition and flavour profile of various food and beverage products. Its major areas of expertise include categories such as bakery, dressings, sauces, beverages, and soups. With more than 3500 employees across the globe, the company serves consumers in over 120 countries. In 2021, its revenue reached EUR 1375 million.

HL Agro Products Pvt. Ltd

H.L. Agro is a food ingredient company that supplies, markets, and produces plant-based raw materials to the food and beverage sector, based in India. It is one of the leading suppliers and processors of premium quality sesame seeds, maize starch powder, corn germ, liquid glucose, dry fibre, and maize gluten. Its products are supplied to more than 20 countries across the globe. It serves various leading food and beverage brands, including Vadilal, ITC, Amul, Parle, VEEBA, and Olam, among others.