The latest report by IMARC Group, titled “Dietary Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the global dietary fiber market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global dietary fiber market size reached US$ 9.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.2 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032.
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Dietary Fiber Market Trends:
The global market is primarily driven by the growing awareness of the health benefits, such as improved digestive health and reduced risk of chronic diseases. In line with this, the rising prevalence of lifestyle-related diseases, including obesity, diabetes, and cardiovascular conditions, further driving market growth. Additionally, the increasing adoption of functional foods and beverages that incorporate dietary fibers to enhance their nutritional profile is supporting market expansion.
Moreover, continual advances in food processing and the development of innovative fiber-rich products, such as fiber-enriched snacks and supplements, is contributing to a positive market outlook. The growing trend of plant-based diets and the vegan movement emphasizing dietary fiber as essential components of these diets is providing an impetus to the market. Apart from this, the growth in aging population, with a higher susceptibility to digestive disorders, is propelling the market reach.
Dietary Fiber Market Scope and Growth Analysis:
The scope of the market is extensive, encompassing a wide range of applications in the food and beverage industry, dietary supplements, pharmaceuticals, and animal feed. The market scope is poised for robust growth, driven by the increasing consumer inclination towards healthier lifestyles and the demand for functional foods. The expanding consumer preference for natural and organic food products also enhances the demand for dietary fibers derived from fruits, vegetables, grains, and legumes.
Market analysis indicates a steady increase in the demand for both soluble and insoluble fibers, with diverse applications ranging from bakery and confectionery to dairy and meat alternatives. Moreover, the incorporation of dietary fibers in weight management products and sports nutrition further enhances market potential. According to market analysis, the rapid development of advanced fiber extraction technologies and the use of novel sources such as seaweed and algae are also augmenting innovation in the market.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Archer Daniels Midland Company
- Cargill, Incorporated
- DuPont Nutrition Bioscience Aps
- FutureCeuticals
- Grain Processing Corporation
- Ingredion Incorporated
- Kerry Group plc
- Lonza Group Ltd.
- Nexira
- Roquette Frères
- Südzucker AG
- Tate & Lyle PLC
Dietary Fiber Market Segmentation:
Our report has categorized the market based on type, source, and application.
Breakup by Type:
- Soluble Dietary Fiber
- Inulin
- Pectin
- Polydextrose
- Beta-glucan
- Others
- Insoluble Dietary Fiber
- Cellulose
- Hemicellulose
- Chitin and Chitosan
- Lignin
- Fiber/Bran
- Resistant Starch
- Others
Breakup by Source:
- Fruits and Vegetables
- Cereals and Grains
- Legumes
- Nuts and Seeds
Breakup by Application:
- Functional Foods and Beverages
- Pharmaceuticals
- Animal Feed
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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