Analyst Perspective
The global dietary fibers market is estimated to register a
CAGR of ~9%
. The market is expanding because more consumers prefer natural products, and there is a growing interest in preventive healthcare. The demand for dietary fiber foods is rising as people focus on functional foods that provide essential nutrition and health benefits, which drives the overall market growth. The increasing recognition of the health advantages associated with dietary fibers, coupled with the expanding urban population, is anticipated to present a noteworthy growth prospect. Consumer confusion, volatile prices, and competition are significant challenges to the growth of the dietary fibers market.Market Overview
Dietary fibers, found in foods like fruits, vegetables, and legumes, are crucial in promoting waste elimination, lowering diabetes and heart disease risks by regulating blood sugar levels and cholesterol, and assisting in weight management. These fibers have diverse applications in various industries like pharmaceuticals, food & beverages, and animal feed. Considering widespread issues like obesity, digestive problems, and gastrointestinal infections, market players are crafting dietary fiber products to address these health concerns. The increasing demand for bakery and confectionery items plays a significant role in driving the growth of dietary fiber consumption. Soluble dietary fibers are extensively utilized in baking and confectionery to enhance nutritional content and fortify these products. The dietary fibers market is poised for expansion driven by the growing prevalence of working women and an upsurge in the ability to purchase health-conscious food products.
Market Drivers
- Dietary fibers have been linked to several health benefits, which include reducing the risk of heart disease, stroke, and type 2 diabetes; consumers increasingly seek options high in fiber as they become aware of these benefits.
- The world's population is becoming more urbanized, leading to a change in dietary habits. Urban consumers are more likely to eat processed foods and beverages, often low in fiber. However, a growing trend towards healthy eating in urban areas also drives demand for fiber-rich products.
- Rising health consciousness and heightened consumer awareness have increased the demand for dietary fibers, driving the growth in functional food demand. Consumers are favoring plant-based dietary supplements over other options, contributing to the adoption of dietary fibers in daily diets and fueling market growth.
Market Segmentation
The global dietary fibers market is segmented based on type, application, and raw material. The market is segmented based on type into soluble and insoluble. The market is segmented based on application into food & beverages, nutritional supplements, pharmaceuticals, and animal feed. Based on the raw material, it is cereals & grains, fruits & vegetables, nuts & seeds, and others.
REGIONAL FRAMEWORK
The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives an overview and forecast of the global dietary fibers market based on several segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The Dietary Fibers Market by region is also sub-segmented by respective countries and segments. The Dietary Fibers Market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.
The report analyses factors affecting the dietary fibers market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting these regions' dietary fibers market.
MARKET PLAYERS
The reports cover vital organic and inorganic growth strategy developments in the market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the development of the business and customer base of market players. The Dietary Fibers Market players are expected to have lucrative growth opportunities with the increasing demand for healthy products in the global market.
The report includes key companies' profiles, SWOT analysis, and dietary fibers market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.
Below is a list of dietary fibers market companies.
- Batory foods
- Dupont
- Beneo
- ADM
- Cargill inc
- Nexira
- The green labs
- Tate & Lyle
- Nutripea ltd
- Farbest brands
Dietary Fibers Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | XX% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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The List of Companies
1.Cargill, Incorporated
2.E. I. du Pont de Nemours and Company
3.Grain Millers, Inc.
4.Grain Processing Corporation
5.Lonza Group AG
6.Nexira SAS
7.Roquette Frères
8.Tate and Lyle PLC
9.Tereos S.A.
10.The Archer Daniels Midland Company