Dietary fibers market to surpass USD 16.45 billion by 2030 from USD 5.3 billion in 2020 at a CAGR of 12.00% in the coming years, i.e., 2021-30.
Dietary fibers, also known as roughage, are indigestible complex carbohydrates found in a wide range of foods, including fruits, vegetables, nuts, legumes, and grains. Dietary fibers are divided into two types: soluble and non-soluble fibers, both of which help in the proper functioning of the digestive system. Soluble fibers make you feel full, help you lose weight, and keep your cholesterol and blood sugar levels in check. Insoluble fibers, on the other hand, absorb water to keep bowel motions regular and the stomach and intestines operating properly. They can also help with duodenal ulcers, irritable bowel syndrome (IBS), hemorrhoids, and constipation prevention.
Dietary fibers market is expected to project a notable CAGR of 12.00% in 2030
Product demand is projected to increase in the coming years as consumers become more aware of the need of eating a healthy diet and maintaining an active lifestyle. Due to an increase in the number of instances of heart disease, cancer, and diabetes, customers are selecting fiber-based food items with extra health advantages.
Dietary fibers Market: Segments
Whole Grain segment to grow with the highest CAGR during 2020-30
Dietary fibers market is segmented by Source into Whole Grain Products, Fruits & Vegetables, and Others. The whole grain goods sector, particularly cereals and grains, has the greatest market share. The variables that can be attributed to the wide availability of products and their low cost. Dietary fibers are mostly found in oats, bran, corn, rice, and wheat in this segment. They’re high in soluble and insoluble fibers like beta-glucan, cellulose, and hemicellulose, which have health advantages including lower the risk of heart disease and diabetes, which is driving up demand for whole-grain products.
Soluble Dietary Fibers segment to grow with the highest CAGR during 2020-30
Dietary fibers market is segmented by Product into Soluble Dietary Fibers and Insoluble Dietary Fibers. The segment of soluble fibers has the greatest market share. Inulin, pectin, polydextrose, beta-glucan, fructooligosaccharides, galactooligosaccharides, and corn fiber are among the ingredients. It delays gastric emptying and controls blood sugar levels, as well as lowering cholesterol levels. Its primary function is to increase the viscosity of gut material, and colonic fermentation is driving demand for this product.
Growing awareness among consumers
One of the primary reasons driving sales growth is the growing consumer preference for proactive healthcare and leading a healthy lifestyle. Fibers may be found in foods, drinks, nutritional supplements, and medicines, and consumers are becoming more aware of the advantages of including them in their regular diets. As a result, fiber-rich vegetarian and vegan diets are becoming more popular as an alternative to meat and animal-based products across the world.
Increasing R&D activities
To improve the overall efficiency of dietary fibers, extensive research and development (R&D) efforts are being performed to employ waste items as raw materials, such as peanut skins and hulls. This is pushing the market to expand further.
The economic impact of high dietary fiber costs, as well as differences in the technology utilized to acquire these fibers, are expected to hamper overall market growth.
Dietary fibers: Key Players
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Dietary fibers Market: Regions
Dietary fibers market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Dietary fibers market in North America held the largest market share in the year 2019 as a result of significant advancements in acne treatment. The market for dietary fibers in North America is expected to grow owing to rising demand for fiber supplements as a result of increased health awareness and a significant increase in exports to other nations. Furthermore, innovation in the fiber supplement industry, such as fiber supplement products available in a variety of tastes and combinations (such as cinnamon oatmeal raisin and cranberry lemon drizzle), assists in cholesterol reduction and supports improved heart health.
Dietary fibers market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – China, Japan, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Dietary fibers report also contains analysis on:
Dietary fibers Segments:
Whole Grain Products
Fruits & Vegetables
Soluble Dietary Fibers
Insoluble Dietary Fibers
Dietary fibers Market Dynamics
Dietary fibers Market Size
Supply & Demand
Current Market Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Dietary fibers Market Report Scope and Segmentation
Report Attribute Details
Market size value in 2021 USD 5.93 billion
Revenue forecast in 2030 USD 16.45 billion
Growth Rate CAGR of 12.00% from 2021 to 2030
Base year for estimation 2020
Quantitative units Revenue in USD billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Source, Product, Application, and Region
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA)
Key companies profiled BENEO, ADM, Lonza, Cargill Incorporated, DuPont, Ingredion Incorporated, Roquette Frères, Puris, Emsland Group, Kerry Inc., and Other Prominent Players.
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