Cargill Incorporated, DuPont Nutrition Bioscience, and Ingredion Incorporated Dominated the Egypt Food Fibers Market in 2020

Egypt Food Fibers Market is expected to grow with a CAGR of 8.5% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.

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Egypt food fibers market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.

Major players dealing in the Egypt food fibers market are introducing a substantial range of product portfolios. This helps companies to maximize sales with an enhanced product portfolio.

For instance,

  • In June 2020, Ingredion launched a dietary fiber called Novelose 3490. Novelose. 3490 dietary fiber provides manufacturers with an easy and affordable way to support a low FODMAP diet. This launch has helped the company to widen its product portfolio. 

Some of the major players operating in the Egypt food fibers market are Cargill, Incorporated, Tate & Lyle, ADM, Kerry, Ingredion, DuPont Nutrition Bioscience Aps, DSM, BENEO, J. RETTENMAIER & SÖHNE GmbH + Co KG, InterFiber, Ceamsa, Klyomo company limited, Galam, GREENFIELD, and Sensus among others.

Egypt Food Fibers Market Cargill Incorporated

Cargill Incorporated is headquartered in Iowa, U.S., and was founded in 1865.  The company focuses on bringing food, agricultural, financial, and industrial products to people who need them all around the world. Its-product product categories include acidulants, cocoa & chocolate, custom texturizing systems, dry corn ingredients, edible oils, flour, food salt, health promoting ingredients, hydrocolloids, lecithins, protein, texturizing solutions for every need, starches & derivatives, sweeteners among which the market focused category is health promoting ingredients.

  • In July 2021, Cargill, Incorporated entered into European soluble fiber market with USD 45.00 million investment in Poland. This investment has helped the company to expand through the European market.

The company has a presence in the Americas, Asia, Middle East, and Africa, and Europe.

The company generates revenue from other subsidiaries such as Cargill Ltd. (Canada), Cargill AgHorizons, Inc. (US), Cargill Meat Solutions (US), Cargill Espana S.A. (Spain), and NatureWorks (US), among others.

DuPont Nutrition Bioscience Aps

DuPont Nutrition Bioscience Aps is headquartered in Capital Region of Denmark, Denmark, and was founded in 1989. The company focuses on innovative and sustainable solutions across food, health, pharma and biotech industries. It offers various product categories, such as cultures for plant based food, dietary fiber, antimicrobials, cellulose gel, cellulose gum, and carob protein, among which dietary fibers is the market-focused category.

  • In April 2021, DuPont Nutrition Bioscience Aps introduced Ground-Breaking Lactase Nurica that generates GOS fiber and lactose-free dairy products in China. This product launch has helped the company to strengthen its product portfolio.

The company has presence in the Americas, Europe, Middle East, and Africa, and Asia

The company has other subsidiaries, such as Danisco (India) Private Limited (India), Danisco (Zhangjiagang) Textural Ingredients Co. Ltd. (China), Danisco Argentina S.A. (Argentina), Danisco Australia Pty Limited (Australia), and Danisco Dis Ticaret Limited Sirketi (Egypt) among others.

Ingredion

Ingredion was founded in 1906 and has its headquarters in Suburbs, Chicago. The company focuses on plant-based ingredients, a pioneer of plant proteins and a leading provider of pharmaceutical excipients. It offers various product categories, such as encapsulates and emulsifiers, extracts, fibers, flours, gums and hydrocolloids, plant protein, starches, and sweeteners, among which fibers is the market-focused category.

  • In June 2020, Ingredion launched a dietary fiber called Novelose 3490. Novelose. 3490 dietary fiber provides manufacturers with an easy and affordable way to support a low FODMAP diet. This launch has helped the company to widen its product portfolio. 

The company has a presence in the North America, South America, Europe, Asia Pacific, and Middle East Africa

The company generates its revenue from other subsidiaries such as Arrendadora Gefemesa, S.A. de C.V. (Maxico), Brunob II B.V. (Netherland), Ingredion China Limited (China), Ingredion Germany GmbH (Germany), and Ingredion India Private Limited (India), among others.