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Global Dietary Fibers Market
Global Dietary Fibers Market is expected to reach US$ XX Bn by 2027 from US$ 4.77 Bn in 2019 at a CAGR of XX% (detailed analysis of growth rate has been provided in a report). Factors such as increased awareness about health and wellness, increased demand for nutritious food, enormous health benefits of dietary fibers such as blood sugar control, reduce constipation, reduce cholesterol, weight management and increased mineral absorption are driving the growth of dietary fiber market.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Dietary Fibers Market is segmented by type, applications, source, and geography. The market on the basis of type is segmented by soluble and insoluble. The soluble dietary fibers ...
... had governed the market in 2016 as they are easier to use. There is extensive use of soluble dietary fibers in the bakery & confectionery industry, to fortify bakery products with dietary fibers to increase the nutritional value of the food items such as bread, tortillas, pasta, nutritional bars, and weight management supplements.
Dietary Fibers Market on the basis of the application is segmented by functional food and beverage, pharmaceutical and animal feed. The functional food and beverage had the largest market share in 2016 due to a large number of dietary fibers are consumed through food.
The market on the basis of the source is segmented by cereals and grains, fruits and vegetables and legumes. The fruits and vegetable sub-segment had the largest market share in 2016 due to the high amount of fiber content in fruits and vegetables. Cereals & grains will generate over USD 3 billion revenue by 2024. Wide product availability compared to other sources such as legumes has positively enhanced demand. Oat, bran, wheat, rice, and corn are few major sources in this segment. Economical in cost due to high production along with healthy offerings such as reduction of risk of type 2 diabetes and lower risk of heart diseases will propel market growth.
The North American regions had the largest market share in 2018 and the Asia Pacific is projected to grow at a high rate during the forecast period. Healthier alternatives along with growing health consciousness have been few key factors boosting overall growth.
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Global Dietary Fibers Market, By Type:
• Soluble dietary fiber
• Insoluble dietary fiber
Global Dietary Fibers Market, By Source:
• Cereals & grains
• Fruits & vegetables
• Nuts & seeds
Global Dietary Fibers Market, By Application:
• Functional food & beverages
• Animal feed
Global Dietary Fibers Market, By Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Some of the major players operating in the Global Dietary Fibers market are as follows:
• Cargill (U.S.)
• E. I. du Pont de Nemours and Company (U.S.)
• Archer Daniels Midland Company (U.S.)
• Ingredion Incorporated (U.S.)
• Kerry Group plc (Ireland)
• Tate & Lyle PLC (U.K.)
• Südzucker AG (Germany)
• Nexira SAS (France)
• Roquette Frères S.A. (France)
• Grain Processing Corporation (U.S.)
• Lonza Group AG (Switzerland).
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