The dietary fiber market is expected to grow at a Significant CAGR During Forecast Period. Dietary fibers, as a major market component are present in various food items and are derived mainly from plant foods such as fruits, vegetables, and legumes, too. These fibers help in enhancing the body functions like body transport waste, reduce risk of diabetes and heart diseases by decreasing blood sugar and cholesterol, and also, help to keep the weight in control. Dietary fibers are applicable in the functioning of different industries such as pharmaceuticals, foods & beverages, and animal feed.
COVID 19 Analysis
The onset of the global pandemic has been a major cause of concern as it has successfully managed to disrupt the global market's functioning. The arrival of the COVID-19 pandemic has had a moderate impact on the market for dietary fibers. Dietary fibers are widely used in a variety of products, including dietary supplements, followed by others like animal feed, and pharmaceuticals. The global Dietary Fiber Market products containing dietary fibers are also used to improve muscle mass and help in improving the immunity of an individual. This emerging market factor has led to high demand for dietary fiber products in the market.
A major factor influencing market growth especially during the ongoing forecast period ending in 2027 is a rise in consumer preference for natural products. The global growth in concerns about preventive healthcare and the efficacy of dietary fibers on a health drive the market growth during the forecast period. Dietary fiber food demand has increased due to an increase in functional food consumption, which helps to provide basic nutrition. Obesity, digestive problems, gastrointestinal infections, and other ailments are having an impact on the majority of people. Taking this into consideration, the dietary fiber market players are developing dietary fiber products to help with the treatment of such diseases. The propelling impact of growing health concerns on the dietary fibers market is moderate at the moment, but it is expected to increase in the future especially by the end of the current forecast period.
However, the prominence of market factors like excessive content of dietary fibers in the diet can lead to diarrhea, reduced mineral absorption, and removal of good cholesterol, are some factors that restrict the Dietary Fiber Market growth of dietary fibers. The foods and beverages industry, as a part of the market, is witnessing good growth due to increased consumer spending, and favorable government support is expected to be a major driver for the dietary fibers market growth. The dietary fibers market demand during the ongoing period is expected to be driven by a rise in demand for fortified foods among health-conscious consumers. However, the emergence of stringent government regulations regarding dietary fibers is expected to hinder market growth.
The emergence of prominent Dietary Fiber Market drivers like the rise in awareness of health benefits of dietary fibers, combined with growth in the urban population is expected to provide a significant growth opportunity. The dietary fibers market is expecting good growth due to an increase in the number of working women and a rise in purchasing ability of healthy food products. The rise of factors like the growth in health concerns and increase in consumer awareness has increased consumer demand for dietary fibers, is formulating and resulting in an increase in functional food demand. In addition to this, the market is enjoying the benefit of available health and dietary supplements, consumers prefer dietary supplements as they are plant-based. As a result, the global market consumers are adopting dietary fibers in their daily diets, which propels the market growth during the ongoing forecast period that ends in 2027.
The dietary fiber market has been divided all across the globe based on the source, end-user, fiber component, and function.
Based on the Source
The market has been divided all across the globe based on the source into vegetables, seaweed extract, woody plants, microbial gum, fruits, whole grain, plant extracts, and many others. The largest market share in the global market is held by whole grain.
Based on the End-User
The market has been divided all across the globe based on the end-user into functional food & beverages, animal feed, breakfast cereals, pharmaceutical, and others. The largest market share in the global market is held by the functional food & beverages market segment.
Based on the Fiber Component
The market has been divided all across the globe based on the fiber component into chitin, hemicellulose, inulin, cellulose, lignin, polydextrose, pectin, and others.
Based on the Function
The market has been divided all across the globe based on the function into binding agents, viscosity, gel formation, water holding capacity, fermentation, and others.
The dietary fiber market has been divided all across the globe based on the region into the North American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region. Owing to the increasing growth of dietary fiber in functional food and beverages products, the largest market share in the global market is held by the North American region.
Being the fastest-growth market, the second-largest market share in the global market is held by the Asia-Pacific region owing to the presence of highly populous countries like India, China, and Japan, which generates more market demand. Moreover, increasing promotional activities done by various major key players create huge market demand in this region.
The third-largest Dietary Fiber Market share in the global market is held by the European market owing to the increasing demand for dietary fiber products all across the European region. An increasing proportion of the geriatric population in this region creates more demand for fiber products as it helps in keeping their gut healthy and hence leads to more demand.
The Middle East and African region, along with the Latin American region show the minimum market share due to the presence of low infrastructure development in both these regions. Another factor that restrains the market growth in these regions is low per capita income.
The most prominent major key players in the dietary fiber market all across the globe are mentioned below:
These major key players adopt various strategies to endure their Dietary Fiber Market position in the crashworthy aircraft seat market in the global market by going for mergers, and acquisitions, by collaborating, establishing a partnership, developing a new product line, setting up a new joint venture, innovation in the existing product, developing a unique production process, and many others to expand their customer base in the untapped market of the crashworthy aircraft seat market all across the globe.
These global dietary fiber market research report includes the following components mentioned below:
This global market research report contains characteristics that drive the growth of the dietary fiber market in the global market and the factors that restrict its growth in the global market. The technical analysis during the forecasted period is also mentioned. The impact of COVID 19 on the dietary fiber market in the global market is mentioned. The future growth rate in the dietary fiber market during the review period is estimated and mentioned.
Traders, importers, exporters, raw material suppliers, supplement manufacturers, food & beverages industry, nutraceutical manufacturers, dietary fiber manufacturers, and others.
Frequently Asked Questions (FAQ) :
Dietary fiber market is driven by its use in reducing the chances of cardiovascular diseases.
APAC is bound to display a robust growth rate in the global dietary fiber market by 2023.
Food & beverages can contribute the maximum to the global dietary fiber market revenue by 2023.
The Americas dietary fiber market can thrive during the forecast period due to consumption of foods and beverages with high fiber content in North Americ
Lonza Group AG, Archer Daniels Midland Company, DowDupont Inc., Roquette Frères S., Cargill Incorporated., B&D Nutritional Ingredients, Inc., Ingredion Incorporated, Tate & Lyle, Südzucker AG Company, and Shandong Minqiang Biotechnology Pvt Ltd are major players of the global Gitelman syndrome market.