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Pharmaceuticals Segment Is Projected To Witness Significant Growth In Dietary Fibers Market
According to MarketsandMarkets, the Dietary Fibers Market is estimated to be valued at USD 5.3 billion in 2020 and is projected to reach USD 9.6 billion by 2025, recording a CAGR of 12.5% in terms of value. The growing demand for fiber supplements to meet the nutritional need of the individual and the health benefits of dietary supplements are projected to drive the growth of the dietary fibers market, globally.
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The pharmaceuticals segment is projected to witness significant growth during the forecast period. Based on application, there are various supplements and nutraceutical options available for dietary fibers. The dietary fibers are carbohydrate polysaccharides that, when ingested, are not fully digestible through the gastrointestinal enzymes, therefore absorbing water and ferment, which leads to the growth of beneficial bacteria in the intestine.
This is advantageous for building immunity and for smooth bowel movements. The intake of fibers in diet either in food or supplement form has been associated with a positive ...
... impact on several gastrointestinal disorders such as duodenal ulcers, appendicitis, constipation, and colon cancer.
In 2019, North America accounted for the largest market share in the dietary fiber market. Technological advancements in this region have made dietary fibers available for a wide range of applications, and this segment is estimated to drive the growth of the market in the region.
This region is projected to be the largest market due to the development of novel and superior performing products and global industrialization. The US is a dominant country, and the market in this region has reached its maturity. These factors are projected to contribute to the growth of the North American dietary fiber market.
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Leading companies are Beneo (Germany), ADM (US), DuPont (US), Lonza (Switzerland), Kerry Group plc (Ireland), Roquette Frères (France), Ingredion Incorporated (US), PURIS (US), Emsland (US), The Green Labs LLC (US), Nexira (France), Tate & Lyle (UK), Nutri-Pea Ltd (Canada), Farbest Brands (US), R & S Blumos (Brazil), J. RETTENMAIER SÖHNE GmbH (Germany), A & B Ingredients (US), AGT Foods(Canada), and Batory Foods (US).
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