Global Dietary Fibers Market size is projected to reach USD 12.30 Billion by 2030 from an estimated USD 5.74 Billion in 2022, growing at a CAGR of 11.5%.
The global dietary fibers market is growing rapidly as a result of increased public awareness of the benefits of consuming this type of fiber. Dietary fibers are essential components of a balanced diet because of their proven ability to maintain gastrointestinal health, control weight, and reduce the risk of chronic illnesses like diabetes, cardiovascular disease, and some types of cancer. Consumer desires for healthier foods and growing concerns about obesity and lifestyle-associated diseases are driving demand for products connected to high-fiber diets. Sales of dietary fiber are increasing in a variety of food and beverage categories as consumers seek out functional foods and components that promote overall health.
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Top Market Players Covered in the Dietary Fibers Market:
DuPont, Grain Processing Corporation, Grain Millers Inc., Fuji Nihon Seito Corporation, Archer Daniel Midland (ADM), Tereos, CJ CheilJedang Corp., Nova green Inc., Mengzhou Tailijie Co. Ltd., Baolinggbao Biology Co. Ltd, Cargill Incorporated, B&D Nutritional Ingredients Inc., Naturex., Tate & Lyle, KFSU Ltd. Australia, Ingredients Corporation, and other major players.
The global Global Dietary Fibers Market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Global Dietary Fibers Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Global Dietary Fibers Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Global Dietary fiber market trends, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Global Dietary Fibers Market Report:
Here are some common segmentation criteria for the Dietary Fibers Market:
By Type
- Soluble
- Insoluble
By Source
- Cereals & Grains
- Fruits & Vegetables
- Others
By Application
- Functional Food & Beverages
- Pharmaceuticals
- Other Applications
Market share data Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Developments
- In July 2020, Herbalife Nutrition, declared a new product which is Active Fiber Complex Select for digestive health in the region of U.S., Puerto Rico, and Canada. The new product helps to aid in digestion in adults with an ideal balance of soluble and insoluble dietary fiber.
- In June 2020, Nature’s Way, a dietary supplement provider, declared to launch of their new product which is Alive Teen Gummy Multivitamins. The new product is beneficial for teenagers to build a foundation for healthier lives in changing and fast-paced life style across the globe.
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The dietary fibers market presents several opportunities for growth and innovation, including:
- Product Diversification: There is ample opportunity to diversify product offerings by introducing a wide range of fiber-rich food and beverage products targeting different consumer preferences and dietary needs. This includes developing fiber-enriched snacks, baked goods, beverages, and supplements to cater to various consumer segments.
- Functional Foods Development: With increasing consumer awareness about the health benefits of dietary fibers, there is a growing demand for functional foods fortified with fiber. Developing innovative functional food formulations that incorporate dietary fibers can create opportunities for market expansion, especially in segments such as weight management, gut health, and heart health.
- Clean Label and Natural Ingredients: Consumers are increasingly seeking clean-label products made with natural and minimally processed ingredients. There is an opportunity to capitalize on this trend by offering dietary fiber products sourced from natural and organic ingredients, free from artificial additives and preservatives.
- Targeting Specific Health Conditions: Dietary fibers have been associated with various health benefits, including improved digestive health, blood sugar management, and cholesterol reduction. There is an opportunity to develop targeted dietary fiber products tailored to specific health conditions, such as products designed for individuals with diabetes, digestive disorders, or cardiovascular health concerns.
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