The global dietary fibers market was worth US$ 8.8 Billion in the year 2022 and is expected to reach US$ 18.6 Billion by the year 2032 at a staggering CAGR of 10.6% between 2022 and 2032.
The ongoing trend is that of a paradigm shift, i.e. from pharmaceuticals to nutraceuticals. Plus, there is an increase in HQ (Health Quotient) amongst the populace. These trends are expected to take the dietary fibers market by storm in the upcoming period. The other advantage is that of need to exercise control over diabetes, hypertension, and heart-related ailments.
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Dietary fibers get extracted from diverse sources through dry processing, wet processing, gravimetric, chemical, enzymatic, physical, and microbial methods.
As per the National Institutes of Health, over 60-70 Million Americans do experience various digestive health issues. Moreover, as per Harward School of Public Health, children and adults require atleast 20-30 grams of dietary fibers every single day. Constipation could also be controlled through dietary fibers.
With growing production of grains & cereals like whole wheat, oats, corn, rye, barley, popcorn, wild rice, brown rice, triticale, buckwheat, millet, and bulgur, the global dietary fibers market is likely to grow on a remarkable note in the near future. However, it’s pretty challenging to use dietary fibers as components in food and beverage applications as they are immune to hydrolysis.
Whole grains like rye, wheat, and barley contain pentose, beta-glucan, and arabinoxylans; wheat bran, maize, and rice contain helicelluloses, cellulose, and lignin; whereas fruits like figs, avocado, orange, Metamucil, and purple passion fruit and vegetables like turnip and potatoes contain fibers.
Legumes contain 3 forms of dietary fibers inclusive of resistant starch, soluble fiber, and insoluble fiber. These days, legumes are being increasingly adopted in nutrition bars, snacks, and bakeries.
Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Dietary Fibers Market’. The team of analysts and consultants is there to execute through its bottom-up approach in primary, secondary, and tertiary modes of research.
“With growing concerns about increase in cholesterol, the global dietary fibers market is expected to grow on an irresistible note in the near future”, says and analyst from Future Market Insights.
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Key Takeaways from Dietary Fibers Market
- The Asia-Pacific holds more than 30% of the market share with Japan, Indonesia, and China leading from the front. It’s interesting to learn that Chinese end-customers are into following the global food trends owing to exposure to the worldwide food products.
- North America holds a significant market share with the US witnessing an upsurge in intake of dietary fibers in daily foods along with increase in production of functional food.
- Europe is expected to grow on the back of Italy due to rising demand for nutrient-fortified foods.
- LATAM is driven by Brazil with increased efforts on the part of supplementation and fortification; which do stimulate usage of dietary fibers amongst every age group. These fibers are added to higher-value items such as flakes, puffs, and crisps. The locally-available sources include asparagus, chicory root, Jerusalem artichoke, leeks, jicama, and whole grains.
Competitive Dietary Fibers
- Cargill, Inc., in October 2019, did invest US$ 35 Million for expanding its line of starches, sweeteners, and texturizers for including dietary fibers. This project is the organization’s very first step toward soluble dietary fibers all across Europe.
- Batory Foods, in September 2020, inked an agreement with BioHarvest Sciences, Inc for making an entry into the US nutraceuticals and edible CBD market.
What does the Report say?
- The research study is based on type (soluble (inulin, polydextrose, dietary fibers, beta-glucan) and insoluble (cellulose, hemicellulose, chitosan, chitin, lignin, and resistant starch)), by source (cereals & grains (wheat, rice, bran, and others), fruits & vegetables (apples and others), and others), and by application (functional food & beverages, animal feed, pet food, and pharmaceuticals).
- With realization that dietary fibers help the body in eliminating waste, maintaining weight, and preventing diabetes and cardiac ailments by curtailing cholesterol and blood sugar levels, the global dietary fibers market is bound to grow voraciously in the near future.
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Dietary Fibres Market Segmentation
By Type:
- Soluble
- Inulin
- Polydextrose
- Dietary Fibres
- Beta-Glucan
- Insoluble
- Cellulose
- Hemicellulose
- Chitosan
- Chitin
- Lignin
- Resistant Starch
By Source:
- Cereals & Grains
- Wheat
- Rice
- Bran
- Others
- Fruits & Vegetables
- Apples
- Others
- Other Crops
By Application:
- Functional Food & Beverages
- Animal Feed
- Pet Food
- Pharmaceuticals
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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