The global dietary fibers market is accounted for approximate value of USD 5.1 billion by 2019. The dietary fibers market is projected to register growth at a CAGR of 11.1% during the forecast period.
COVID-19 has impacted all the business over the globe. Due to corona virus outbreak a large number of population has adopted healthy lifestyle and eating habit to improve immunity to prepare the body fight against virus. The corona virus has driven growth in dietary fibers market.
For more details, visit: Global Dietary Fibers Market By Type (Daily Intake of Dietary Fibers, Soluble Dietary Health, Others), By Raw Material (Nuts & Seeds Legumes, Others), By Application (Feed, Functional, Others), By Region–Forecast & Opportunities to 2026
The health and diet concerns are increasing among people across the globe. People are adopting healthy lifestyle these days. They are focusing on healthy eating habit. Thus consuming the dietary fibers which help them in weight management and reducing cholesterol along with maintaining blood sugar level in body. Hence, the market for dietary fibers is growing.
On the basis of type, the dietary fiber segmented into daily intake of dietary fibers, soluble dietary health, insoluble fibers and health programs to increase the intake of dietary fiber. The soluble dietary fiber segment accounted for XX% of market share in 2019 and it is projected to register growth at highest CAGR during the forecast period. They are classified into beta-glucan, pectin, polydextrose, inulin, corn fiber and galactooligosaccharides. They are used in pharmaceutical, food and beverages applications. Soluble dietary fibers have advantages of water retention and least reactivity to gastrointestinal enzymes. All these factors driving growth in soluble dietary fiber segment during the forecast period.
On the basis of raw material, the dietary market is segmented into nuts & seeds, fruits & vegetables, legumes and cereals & grains. The cereals and grain segment accounted for XX% market share in 2019. This segment has various advantages such as reduces the risk of cardiovascular diseases such as coronary, heart disease and stroke. They help in reducing the cholesterol levels.
On the basis of application, the dietary fiber market is segmented into feed, pharmaceutical, functional food & beverages and others. The functional food & beverages segment is expected to register growth at highest CAGR during the forecast period. It includes ready-to-drink beverages, energy drinks, sports & performance drinks and other enhanced & enriched beverages. Dietary fibers are used in various functional foods such as beverages, bakery and meat products. Thus, drives the functional food & beverages market in dietary fibers market.
North America region accounted for maximum market share in 2019. This region is expected to register growth at highest CAGR during the forecast period. The dietary fibers are available for wide range of application due to technological advancement in this region. There is development of superior and novel performing products along with global industrialization which is a driving factor for dietary market in this region. These factors are likely to drive growth in this region during the forecast period.
The key market players in dietary market are Beneo, ADM, DuPont, Lonza, Kerry Group Plc, Roquette Freres, Cargill, Ingredion incorporated, PURIS, Emsland, The Green Labs LLC, Tate & Lyle, Nexira, Farbest Brands, Nutripea Ltd.
- What are the expected industry trends over the next three to five years?
- Which of the dietary fibers type is likely to lead by 2025?
- Which of the application segments is expected to have the maximum potential to during the forecast period?
- Which region is going to have the highest smart meters market share by 2025?
- What are different organic and inorganic strategies implemented by companies to gain increased market share?