Dietary Fibers Market Hit USD 10.98 Billion By 2027
Increasing demand for dietary fibers across end-use industries such as food & beverages, pharmaceuticals & nutritional supplements, and animal companion nutrition is steering market growth are key factors contributing to high CAGR of Dietary fibers during the forecast period.
Market Size – USD 5.89 Billion in 2019, Market Growth - CAGR
of 12.2%, Market Trends – Product launches and research for advanced dietary
fibers
According to the current analysis of Reports and Data, the
global Dietary
fibers market was valued at USD 5.89 Billion in 2019 and is expected
to reach USD 10.98 Billion by the year 2027, at a CAGR of 11.35%. The fibers
are roughage, which is mostly present in food items are produced from plant
food. These fibers help in waste movement inside the body, reduce the risk of
diabetes and heart diseases by lowering blood sugar levels and cholesterol and
maintain body weight. They are of two types, namely soluble and insoluble.
The market for fibers is more demanding due to factors like
changing habits related to food consumption, increasing the occurrence of
several health issues due to which people are opting healthy products which
have dietary fibers, and rising disposable incomes due to which people are
ready to spend money for dietary fiber-containing products. Rising prevalence
of lifestyle diseases due to hectic working schedule is expected to shift
inclination of consumers toward nutraceuticals, including functional foods.
This factor is anticipated to further promote market growth. Government support
and rising funding aimed at promoting organic farming in key markets such as
the U.S., China, Japan, and India are expected to promote
production output of fruits and vegetables. As a result, the manufacturers from
these countries are projected to keep their production units in vicinity to
ensure easy access to vegetables and fruits as a functional feedstock. The high
cost of supplements compared to naturally available products such as legumes,
nuts, fruits, and vegetables is projected to limit the scope of industry in
near future.
Some of the key players in the industry includes Cargill
Incorporated, Archer Daniels Midland Company, Lonza Group AG, Nexira, and
Ingredion Incorporated etc.
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Further key findings from the report suggest
- Increase
in health and diet concerns among consumers, rise in demand for bread,
which possesses to increase its shelf life, and rise in disposable income
drive the growth of industry.
- Physiochemical
properties of fibers can be manipulated by certain thermal, chemical, and
mechanical treatments to improve their functionality, which is expected to
present opportunities for growth.
- Excessive
content of fibers in the diet can lead to diarrhea, reduced mineral
absorption, and removal of good cholesterol, thus restraining the market.
- Whole
grain products such as whole-wheat and brown rice dominated the source
segment expected to reach 2.16 billion in 2026, as they have a high fiber
content and exhibit several benefits including reduction of risk of heart
diseases, asthma, and cancer.
- Carbohydrate
polymers that are obtained from raw materials by physical, enzymatic pr
chemical means and which have shown a physiological benefit to health and
scientific to competent authorities.
- Soluble
fiber is found in foods such as legumes (beans, peas, lentils), oats, and
apples. It dissolves like a gel-like substance and moves through your
gastrointestinal tract. This stimulates the bowels to hold on to water,
bulking up the stool.
- Insoluble
fiber is found in foods such as whole grains and most vegetables and does
not dissolve and helps in pushing material along, increase stool bulk, and
reduce the risk for hemorrhoids and diverticulosis.
- These
are characterized with some physicochemical properties, such as
solubility, fermentability, viscosity, water absorption, binding ability
and so on. These properties are responsible for the functional behavior of
the product
- Dietary
fiber adds bulk to the diet and makes full faster and help in controlling
weight and also helps in digestion and preventing constipation.
- Asia
Pacific held the largest CAGR of 10.4% with growing demand from countries
such as China, India, Japan, and others
- Most
of these companies adopted expansions and investments as their major
growth strategies in order to enter new untapped markets, consequently
increasing their respective market shares.
- In
December 2016, opening of a new food innovation center in China, which
employed nearly 50 scientists, researchers, and nutritionists. This
expansion helped the company maintain its hold on the emerging Chinese
market, consequently strengthening its position in Asia Pacific.
To identify the key trends in the industry, click on the
link below: https://www.reportsanddata.com/report-detail/dietary-fibers-market
For the purpose of this report, Reports and Data has
segmented the dietary fibers market on the basis of type, source, application
and region:
Type (Revenue, USD Million; 2017–2027)
- Soluble
- Insoluble
Source (Revenue, USD Million; 2017–2027)
- Fruits
& Vegetables
- Cereal
& Grains
- Nuts
& Seeds
- Legumes
Application (Revenue, USD Million; 2017–2027)
- Food
& Beverage
- OTC
Pharmaceuticals
- Animal
Feed
- Others
includes personal care & cosmetics
Geography (Revenue, USD Million; 2017–2027)
- Asia-Pacific
- North
America
- Europe
- Middle
East & Africa
- South
America
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Key Advantages of Dietary Fibers Report:
- Identification
and analysis of the market size and competition
- Qualitative
and quantitative analysis of the market data
- Data
validated by industry experts after extensive primary and secondary
research
- Extensive
regional analysis of the Dietary Fibers industry
- Profiling
of key players along with their business overview, business strategies, deals and
partnerships, and product portfolio
- SWOT and
Porter’s Five Forces Analysis for in-depth understanding of the
competitive landscape
- Feasibility
analysis and investment analysis to enable strategic investment decisions
- Analysis
of opportunities, drivers, restraints, challenges, risks, and limitations
Conclusively, all aspects of the Dietary Fibers market are
quantitatively as well qualitatively assessed to study the global as well as
regional market comparatively. This market study presents critical information
and factual data about the market providing an overall statistical study of
this market on the basis of market drivers, limitations and its future
prospects.
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https://www.reportsanddata.com/press-release/global-dietary-fibers-market
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