Advances in modern science have been enabling the rapid discovery of plant and plant extracts that can treat and cure diseases. In the recent times, the F&B industry has been undergoing significant transformation, as traditional ingredients are reborn, new ideas arise, and consumer behavior changes. Additionally, the nutraceutical industry has been on a tear for years, offering novel products to consumers looking for health-enhancing food products in line with scientific evidence.
While protein and mineral-rich products are gaining prominence in regular dietary practices, psyllium – derived from the husks of the seeds of Plantago ovata – is becoming the fiber house of the globe. Apart from being a rich source of fiber, psyllium products are becoming a prominent ingredient in a wide range of nutritional and functional foods, in the view of their therapeutic impacts on cholesterol lowering, weight management, and relieving diarrhea and constipation.
According to the latest research from XploreMR, the psyllium products market will show an increase of 7.4% year-over-year to total ~US$ 200 million in 2019. Increasing concerns over adverse effects of allopathic medicines, especially for chronic constipation, duodenal ulcers, and gastrointestinal issues, has been significantly contributing to the demand for psyllium products. Further, the thriving market scenario of dietary or nutritional supplements is likely to provide potential growth prospects of the psyllium products market players.
Popularization of Veganism to Bolster Psyllium Products Consumption
XploreMR started a new study on the global psyllium products market, providing forecast for the period 2019 to 2029. The report enumerates valuable insights to enable readers to make winning business decisions for the future growth of their businesses. The report sheds light on significant factors that are constantly shaping the growth of the psyllium products market, untapped opportunities for manufacturers, trends and developments, and other insights across various key segments. Macroeconomic factors that are directly or indirectly affecting the growth of the global psyllium products market are also incorporated in the report.
The psyllium products market has been bifurcated on the basis of product type, nature, application, and region. Each of these segments are analyzed to provide readers a holistic view of the industry.
Psyllium Products Market: Trend Analysis and Future Outlook, 2019 - 2029Buy Now
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