Market Size – USD 4.53 Billion in 2018, Market Growth - CAGR of 11.3%, Market Trends – Product launches and research for advanced dietary fibers

NAccording to the current analysis of Reports and Data, the global Dietary fibers market was valued at USD 4.53 Billion in 2018 and is expected to reach USD 10.77 Billion by the year 2026, 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.

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Some of the key players in the industry includes Cargill Incorporated, Archer Daniels Midland Company, Lonza Group AG, Nexira, and Ingredion Incorporated etc.

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.

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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; 2016–2026)

• Soluble
• Insoluble

 Source (Revenue, USD Million; 2016–2026)

• Fruits & Vegetables
• Cereal & Grains
• Nuts & Seeds
• Legumes

Application (Revenue, USD Million; 2016–2026)

• Food & Beverage
• OTC Pharmaceuticals
• Animal Feed
• Others includes personal care & cosmetics

Geography (Revenue, USD Million; 2016–2026)

• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of APAC
• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Belgium
  • Rest of Europe
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• South America
  • Brazil
  • Peru
  • Argentina
  • Rest of South America

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Objectives of the Dietary Fibers Market Report:

• Thorough research on growth patterns, sizes, leading players, and key segments of the global Dietary Fibers market
• Key business priorities to provide insights to companies to formulate new business strategies
• The key highlights and recommendations provide comprehensive information about progressive industry trends to help companies plan their long term goals
• Detailed information on market trends, driving factors, restraining factors, product segmentation, and industry chain analysis, aiding the decision-making process

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