Global Dietary Fibers Market Size, Share, and COVID-19 Impact Analysis, By Type (Soluble, Insoluble), By Source (Cereals & Grains, Fruits & Vegetables, Legumes, Nuts & Seeds), By Application (Functional Food & Beverages, Pharmaceuticals, Feed, Nutrition, and Other), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032
Industry: Food & BeveragesGlobal Dietary Fibers Market Insights Forecasts to 2032
- The Global Dietary Fibers Market Size was valued at USD 6.9 Billion in 2022
- The Market is Growing at a CAGR of 9.6% from 2022 to 2032
- The Worldwide Dietary Fibers Market size is expected to reach USD 17.3 Billion by 2032
- Asia Pacific is expected To Grow the fastest during the forecast period
Get more details on this report -
The Global Dietary Fibers Market is anticipated to reach USD 17.3 Billion by 2032, at a CAGR of 9.6% during the forecast period from 2022 to 2032. Rapidly increasing dietary fiber supplement consumption to meet nutritional needs is expected to boost the market growth. These supplements are in extremely high demand due to the aging population, increasing incidence of lifestyle diseases, and rising healthcare costs. Consumer preferences are shifting towards consuming more dietary supplements to support their health and meet their basic nutritional requirements as a result of all of these factors, driving the growth of Global Dietary Fibers Market.
Market Overview
Wet processing, dry processing, chemical, gravimetric, physical, enzymatic, and microbial methods are used to extract dietary fibers from various sources. To achieve the desired results, a combination of the aforementioned methods may be used. Different treatment methods produce varying effects on the structure of dietary fibers. Innovations in the manufacturing process, as well as the enormous potential for dietary fibers to be used in a wide range of food products, are expected to drive market demand. The global dietary fibers market is expected to experience significant growth in the coming years. Dietary fibers are plant-based substances that cannot be digested by the human body but are essential for maintaining good digestive health. These fibers are found in fruits, vegetables, and whole grains, and are commonly used in the production of functional foods and dietary supplements.
The market is segmented based on type, source, application, and region. The most commonly used types of dietary fibers include soluble and insoluble fibers. Soluble fibers are known for their ability to dissolve in water and form a gel-like substance, which helps to slow down the digestion process and reduce the absorption of glucose in the bloodstream. Insoluble fibers, on the other hand, are known for their ability to promote regular bowel movements and prevent constipation.
The major sources of dietary fiber include fruits and vegetables, cereals and grains, legumes, nuts, and seeds. Fruits and vegetables are the most commonly used sources of dietary fiber, owing to their high fiber content and availability throughout the year.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America and Europe are the largest markets for dietary fibers, owing to the increasing demand for healthy and natural ingredients in food products, and the high prevalence of lifestyle-related diseases in these regions.
Report Coverage
This research report categorizes the market for global dietary fibers market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the dietary fibers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the dietary fibers market.
Global Dietary Fibers Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 6.9 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 9.6% |
2032 Value Projection: | USD 17.3 Billion |
Historical Data for: | 2018-2021 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 149 |
Segments covered: | By Type, By Source, By Application, By Region, and COVID-19 Impact Analysis |
Companies covered:: | Nutri Pea Ltd, Ingredion Incorporated, Kerry Group PLC, The Green Labs LLC, Beneo, ADM, Tereos, Cargill, Dupont, Roquette Frères, Nexira, Tate & Lyle, Herbafood Ingredients GmbH, Scoular, Baolingbao Biology Co Ltd. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
Consumers are becoming more health-conscious and are seeking out foods and supplements that provide health benefits. The awareness about the health benefits of dietary fibers is increasing, which is driving demand for products containing dietary fibers. Consumers are increasingly looking for natural and organic products that are free from synthetic ingredients and chemicals. Dietary fibers are naturally occurring substances found in plants, which make them attractive ingredients for consumers looking for natural and organic products. The rise in the prevalence of lifestyle-related diseases such as obesity, diabetes, and cardiovascular diseases is driving demand for products that can help to manage these conditions. Dietary fibers have been shown to be effective in managing these conditions, which is driving demand for products containing dietary fibers.
The increasing awareness among consumers about the health benefits of dietary fibers, such as weight management, blood sugar control, and improved gut health, is driving the growth of the market. Additionally, the rise in the prevalence of lifestyle-related diseases, such as obesity, diabetes, and cardiovascular diseases, is also a key factor contributing to the growth of the dietary fibers market.
Restraining Factors
The production of dietary fibers can be expensive, especially for certain types of fibers that require specialized processing. This can lead to higher costs for the end products, which may make them less accessible to some consumers. The availability of raw materials used in the production of dietary fibers can be limited, especially for certain types of fibers. This can lead to supply chain disruptions and increased costs, which can impact the growth of the market.
The dietary fibers market is regulated by various government agencies, and products containing dietary fibers need to meet certain standards and regulations. This can lead to increased compliance costs and can limit the entry of new players into the market. Some types of fibers, such as inulin and oligofructose, have been associated with digestive discomfort in some individuals. This can lead to a negative perception of these fibers among consumers, which can impact the growth of the market.
Market Segmentation
The Global Dietary Fibers Market share is classified into type, source, and application.
- The soluble fiber segment holds the largest market share in the global dietary fibers market over the prediction period.
Based on the type, the global dietary fibers market is differentiated into soluble and insoluble. Among these, the soluble fiber segment holds the largest market share in the global dietary fibers market. This is due to the increasing demand for functional foods and dietary supplements that contain soluble fibers, which are known to help manage weight, control blood sugar levels, and lower cholesterol. Soluble fibers are commonly found in fruits and vegetables, as well as in ingredients such as inulin and oligosaccharides.
However, the insoluble fiber segment is also expected to grow significantly in the coming years, driven by the increasing demand for products that promote regular bowel movements and prevent constipation. Insoluble fibers are commonly found in whole grains, nuts, and seeds, and are important for maintaining digestive health.
- The cereals and grains segment is anticipated to hold the largest market share in the global dietary fibers market during the study period.
Based on the source, the global dietary fibers market is classified into cereals & grains, fruits & vegetables, legumes, nuts & seeds. Among these, the cereals and grains segment holds the largest market share in the global dietary fibers market. The growth can be attributed due to cereals and grains being the most common sources of dietary fiber, and they are widely used in various food products such as breakfast cereals, bread, and pasta. Whole grains, in particular, are a rich source of dietary fiber, and their consumption has been linked to various health benefits such as a lower risk of heart disease, stroke, and diabetes.
The fruits and vegetables segment is also a significant segment of the dietary fibers market, as fruits and vegetables are an excellent source of dietary fibers, vitamins, and minerals. Fruits and vegetables are commonly used in the production of functional foods and dietary supplements containing dietary fibers.
- The functional food and beverages segment is expected to hold the largest market share in the global dietary fibers market over the projected timeframe.
Based on the application, the global dietary fibers market is classified into functional food & beverages, pharmaceuticals, feed, nutrition, and others. Among these, the functional food and beverages segment holds the largest market share in the global dietary fibers market. The growth can be attributed due to the increasing demand for foods and beverages that are fortified with dietary fibers to provide additional health benefits. Functional food and beverages containing dietary fibers are widely consumed and are available in various forms such as bars, beverages, snacks, and cereals.
The pharmaceuticals segment is estimated to grow at the fastest CAGR during the forecast period, as dietary fibers are increasingly being used in the formulation of medicines and supplements. The pharmaceutical industry is recognizing the potential health benefits of dietary fibers and is developing products that contain fibers to improve digestive health and treat various medical conditions.
Regional Segment Analysis of the Dietary Fibers Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is expected to hold the largest share of the global dietary fibers market during the projected period.
Get more details on this report -
North America holds the largest market share in the global dietary fibers market. This is due to the increasing awareness of the health benefits associated with the consumption of dietary fibers, the growing demand for functional food and dietary supplements containing fibers, and the high prevalence of chronic diseases such as diabetes and cardiovascular diseases in these regions. The United States is the largest market for dietary fibers in North America, due to the high prevalence of chronic diseases such as diabetes, obesity, and heart diseases, which have led to an increased focus on preventive healthcare and the consumption of functional foods and dietary supplements. The growing trend of healthy snacking and convenience foods has also led to an increased demand for fiber-enriched snacks and ready-to-eat meals.
The Asia-Pacific region is expected to grow at the fastest rate in the coming years, driven by the increasing demand for dietary fibers in countries such as China and India, which have large populations and are experiencing rapid economic growth. The Indian and Chinese governments are working to promote the health benefits of dietary fiber consumption, which is expected to generate potential opportunities for dietary fiber manufacturers around the world.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global dietary fibers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Nutri Pea Ltd
- Ingredion Incorporated
- Kerry Group PLC
- The Green Labs LLC
- Beneo
- ADM
- Tereos
- Cargill
- Dupont
- Roquette Frères
- Nexira
- Tate & Lyle
- Herbafood Ingredients GmbH
- Scoular
- Baolingbao Biology Co Ltd.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In October 2022, Brightseed, a bioactive discovery company, has announced the release of Brightseed Bio 01, a novel dietary hemp fiber formulated for use in food and beverages to support gut health.
- In April 2021, Ingredion Incorporated has acquired KaTech, a German company that offers advanced texture and stabilization solutions to the food and beverage industries. This acquisition broadens Ingredion's Food Systems platform by adding a comprehensive suite of innovative solutions to help food and beverage manufacturers with product formulation, ingredient functionality, and technical support.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Dietary Fibers Market based on the below-mentioned segments:
Global Dietary Fibers Market, By Type
- Soluble
- Insoluble
Global Dietary Fibers Market, By Source
- Cereals & Grains
- Fruits & Vegetables
- Legumes
- Nuts & Seeds
Global Dietary Fibers Market, By Application
- Functional Food & Beverages
- Pharmaceuticals
- Feed
- Nutrition
- Other
Global Dietary Fibers Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Need help to buy this report?