“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%
According to MarketsandMarkets, the “Dietary Fibers Market by Type (Soluble and Insoluble), Application (Functional Food & Beverages, Pharmaceuticals, and Feed), Source (Fruits & Vegetables, Legumes, Cereals & Grains, and Nuts & Seeds), Processing Treatment, Region – Global Forecast to 2025″ , 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.
By type, the soluble dietary fiber segment is projected to account for the larger share in the market during the forecast period
The soluble dietary fiber segment is projected to dominate the market during the forecast period. They are classified into inulin, pectin, polydextrose, beta-glucan, fructooligosaccharides, galactooligosaccharides, and corn fiber. They are used in food & beverage and pharmaceutical applications, such as flours, bread, cookies, smoothies, and supplements. Soluble dietary fibers have added advantages to various industrial applications due to their water retention and the least reactivity to gastrointestinal enzymes.
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By application, the functional food & beverages segment accounted for the largest size in the dietary fibers market during the forecast period
Functional food & beverages form the dominating segment of application in the dietary fiber market. The functional food includes sports and performance drinks, ready-to-drink beverages, energy drinks, and other enhanced and enriched beverages. Dietary fibers can be used in various functional foods such as bakery, beverages, and meat products. The regular use of dietary fibers seems to decrease the use of various diseases.
The dietary fibers are known to be the component of many bakery products such as cookies and bread and cereals, mostly. They are also consumed through dairy and meat-derived products as well.
The North American region dominates the dietary fibers market with a share of 34.4% in 2019, whereas Asia Pacific is to witness the highest growth rate.
The North American dietary fibers market is projected to witness growth with the rising demand for fiber supplements due to an increase in health awareness and a high surge in the exports to other countries. In addition to this, it is the innovation in the fiber supplements market, such as a fiber supplement products that are offered in multiple flavors and combinations (such as cinnamon oatmeal raisin and cranberry lemon drizzle), that aids in lowering the cholesterol levels and promotes better heart health. Moreover, according to the FAO, dietary fiber reaches the large intestine and is fermented by the colonic microflora, with the production of short-chain fatty acids (SCFA), hydrogen, carbon dioxide, and biomass.
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This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as 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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