QYResearch: Global Apple Fiber market expected to reach 527.9 M USD by 2022

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Apple fiber is a natural co-product made from the apple pomace generated from the processing of apples. Apple fiber is a high quality source of soluble and insoluble dietary fiber. Apple fiber has many applications in the animal food markets.

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QYResearch According to QYResearch, The Global Apple Fiber market was valued at 310.6 M USD in 2016 and is expected to reach 527.9 M USD by 2022. We except that China Apple Fiber industry will face smooth development in the short time.

The production market share of North American is about 37.3% in 2016, and the sales share of is 29.8% in 2016. The key companies in Apple Fiber market include CFF GmbH & Co. KG, Herbafood Ingredients GmbH, Pestell Minerals & Ingredients Inc. Apple Fiber are typically attractive to young people, appealed to very specialized groups. With United States higher spending propensity in recent years and a rising demand in young consumers’ in United States, the demand for Apple Fiber is expected to increase during the remaining years of the forecast period of 2016-2021.

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QYResearch In the past few years, the price of Apple Fiber slightly decreased.

Furthermore, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Apple Fiber. Therefore, to some extent, the companies face the risk of profit decline.

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