Diet Fiber market – Share and Growth Factors Impact Analysis 2023 – 2029 | Report by Introspective Market Research

PRESS RELEASE
Published April 4, 2023

Market Overview:

The global Diet Fiber market was valued at USD 7.69 Billion in 2021 and is expected to reach USD 19.67 Billion by the year 2028, at a CAGR of 14.36%

Dietary fibers are derived from a variety of sources, including plants, whole cereals, animals, and others. Dietary fiber market demand has recently increased as a result of the high demand for its nutritional worth. The body’s enzymes are unable to break down this particular form of fiber. They are divided into Soluble and Insoluble categories according to their basic characteristics. The chance of diseases like diabetes, heart disease, and rectal colon cancer is decreased thanks to these fibers. An increase in health concerns, a rise in demand for bread, which possesses dietary fibers to increase its shelf life, and a rise in disposable income are the major factors that are driving the dietary fiber market. Although, excessive of these fibers can lead to diarrhea, reduced mineral absorption, and removal of good cholesterol.

The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis

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Market Dynamics and Factors:        

Growing awareness of nutrition beyond the usual diet and a trend toward a healthy lifestyle is expected to drive the global dietary fibers market. Dietary fibers regulate health functions such as gastrointestinal health, and metabolic disorders including obesity, diabetes, blood sugar level, and others. Sugar-based and high-calorie products are considered significant factors for a growing number of obese children. Food products, including sugary beverages, cookies, pastries, sugar-based confectionaries, and others, are the culprit. Dietary fibers replace fats or sugar by limiting the volume of sugars or fats added to the products and offering additional nutritional value, increasing the demand for dietary fibers and influencing the market’s growth. Dietary fibers are used as hydrocolloid & bulking agents, sugar & low-fat alternative, and prebiotic agent. The health benefits associated with consuming fiber favor market vendors. Grains, vegetables, fruits, legumes, and grains are in high demand among health-conscious people.

Key manufacturers are continuously researching the possible applications of dietary fibers with the support of several research institutions, public research universities, and crop institutes across the United States. Constant research is being conducted for the expanded application of dietary fibers in the food business, such as food and beverages, pharmaceuticals, and possible applications in the feed industry. The market for dietary fibers has grown as a result of rising health concerns and developments in R&D activities. The multifunctional benefits of dietary fibers across numerous applications, as well as technological developments to employ them as a sugar substitute, are all contributing to market growth.

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Top Key Players Covered In The Diet Fiber Market:

  • Cargill (US)
  • Archer Daniels Midland Company (US)
  • DuPont (US)
  • Tate & Lyle (UK)
  • Lonza (Switzerland)
  • Nexira (Normandie)
  • Ingredion Incorporated (US)
  • Roquette Freres (France)
  • Grain Processing Corporation (US)
  • Grain Processing Corporation (US), and Other Major Players.

Diet Fiber Market Report Highlight:

  • By Type, the Soluble Diet Fiber segment is anticipated to lead the growth of the Diet Fiber market in the forecasted timeframe. Soluble dietary fiber dissolves in water to form a gel-like substance. It can aid in lowering cholesterol and blood glucose levels. Oats, peas, beans, apples, citrus fruits, carrots, barley, and psyllium all hold soluble fiber. Soluble dietary fibers help to improve coronary artery health, the health of the colon, the stimulation of bifidobacteria or lactobacilli in the gut, as well as lowers lower cholesterol and glucose levels.
  • By Application, the Food segment is expected to have the highest share of the Diet Fiber market over the projected period. Rising traction of the consumption of nutrients among the young population has driven the growth of nutraceuticals offering products related to dietary fiber, thereby boosting segment growth.
  • The North American region is expected to have the highest share of the Diet Fiber market over the projected period. The increased demand for fortified food and drinks, including dairy products, meat products, bakery goods, and snacks in the United States, Mexico, and Canada, is expected to drive market growth during the forecast period. The region’s recent economic growth and growing urban population brought significant changes in eating habits and lifestyle, which are the main factors driving the development of the market in this region.

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Key Industry Development:

In September 2022, Cargill announced it would commercially introduce a soluble corn fiber ingredient in the coming year. As the component contains at least 80% fiber dry, it is possible to claim high fiber content in products. In addition to being a bulking agent, this soluble corn fiber is low in calories and has minimal effect on the texture and color of food.

In April 2021, DuPont launched the Nurica enzyme in China. This enzyme is an innovative and new enzymatic solution that enables manufacturers to naturally produce dietary fibers in the form of GalactoOligoSaccharides.

Diet Fiber Market Segmentation:

By Type

  • Soluble Diet Fiber
  • Insoluble Diet Fiber

By Application

  • Food
  • Beverages
  • Pharmaceuticals

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For this report, Introspective Market Research has segmented the Diet Fiber Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest Of Europe

Asia Pacific

  • China
  • India
  • Japan
  • Singapore
  • Australia
  • New-Zealand
  • Rest of APAC

Middle East & Africa

  • Turkey
  • Saudi Arabia
  • Qatar
  • UAE
  • Israel
  • South Africa

South America

  • Brazil
  • Argentina
  • Rest of SA

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Scope of the Report:

The latest research on the Diet Fiber market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Diet Fiber industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Diet Fiber market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

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