Global Food Fiber Market Size, Share, and COVID-19 Impact Analysis, By Product (Oat Fiber, Polydextrose, Wheat Fiber, Vegetable Fiber, and Soluble Corn Fiber), By Application (Bakery & Confectionery, Dairy, Functional Foods, Beverages, and Meat Products), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Food & BeveragesGlobal Food Fiber Market Insights Forecasts to 2033
- The Global Food Fiber Market Size was Valued at USD 6.65 Billion in 2023
- The Market Size is Growing at a CAGR of 5.41% from 2023 to 2033
- The Worldwide Food Fiber Size is Expected to Reach USD 11.26 Billion by 2033
- North America is Expected to Grow the fastest during the forecast period.
Get more details on this report -
The Global Food Fiber Market Size is Anticipated to Exceed USD 11.26 Billion by 2033, Growing at a CAGR of 5.41% from 2023 to 2033.
Market Overview:
Food fiber is also known as dietary fiber is a type of carbohydrate that can made up of a plant cell wall which is found in fruits, vegetables, cereals, nuts, and grains. The food fiber market is being driven by rising awareness among consumers for healthy dietary habits in everyday life. The increased concentration of dietary fiber in daily diets can reduce the risk of cardiovascular diseases as well as maintain blood sugar levels which is convenient for human health. The innovation of potential dietary fiber products is expected to drive the growth of the food fiber market. For instance, using pomegranate peel powder can develop high dietary fiber-enrich cupcakes to increase healthy well-being.
The increased occurrence of obesity can raise awareness of weight management. For this, there is growing concern about enriched food fiber on a regular diet plan. The government enterprise and dietary strategies of suitable food fiber consumption for balanced nutrition can increase the growth of the food fiber market. The rising intake of nuts and seeds due to their high nutritional value is expected to boost the growth of the food fiber market.
Report Coverage:
This research report categorizes the market for the global food fiber market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global food fiber 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 global food fiber market.
Global Food Fiber Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 6.65 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 5.41% |
2033 Value Projection: | USD 11.26 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 238 |
Tables, Charts & Figures: | 108 |
Segments covered: | By Product, By Application, By Region and COVID-19 Impact Analysis. |
Companies covered:: | Kerry Group PLC, Tate & Lyle PLC, Archer Daniels Midland Company, Ingredion Incorporated, Cargill Incorporated, Du Pont, Roquette Freres SA, BENEO, Lonza, Batory Foods, PURIS, RETTENMAIER & SOHNE GmbH + Co KG, Taiyo International, AGT Food and Ingredients, The Green Labs LLC, Nexira, Farbest Brands, and other key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors:
The growing customer demand for functional foods and plant-based diets is a key factor for the increased growth of the food fiber market. The increased demand for novel fiber-enriched food products such as lentils apples, broccoli, oatmeal, sweet potatoes, etc. can boost the demand for food fiber market. The increased popularity of legume intake due rich source of dietary fiber is expected to drive the growth of the food fiber market. The increased aging population in Japan is expected to lucrative growth of insoluble food fiber to decrease the rate of chronic illness. This will lead to an increase in the growth of the food fiber market.
Restraining Factors:
Alteration in texture, mouthfeel, or flavor might affect the overall palatability of the product, limiting the growth of the food fiber sector. If consumers dislike the texture or flavor, they might be less likely to make repeat purchases, limiting market growth.
Market Segmentation:
The global food fiber market share is classified into product and application.
- The wheat fiber segment has a significant share of the market throughout the forecast period.
Based on the product, the global food fiber market is categorized into oat fiber, polydextrose, wheat fiber, vegetable fiber, and soluble corn fiber. Among these, the wheat fiber segment has a significant share of the market throughout the forecast period. Wheat fiber is a white, fine-fibered food fiber concentrate derived from wheat plants. It has a neutral flavor and is used to raise dietary fiber, reduce fat, and aid in weight loss. Functional food and beverage items are a major driver of consumer demand for wheat fiber. These products include ready-to-drink beverages, workout drinks, and other nutrient-rich liquids.
- The bakery & confectionery segment has a significant revenue share during the estimated period.
Based on the application, the global food fiber market is categorized into bakery & confectionery, dairy, functional foods, beverages, and meat products. Among these, the bakery & confectionery segment has a significant revenue share during the estimated period. Bakery products are among the most eaten foods of all time. Their evolution has undergone several stages of development. Food fiber is a usual ingredient in bakery items and can help to boost the nutritional content of baked foods. Whole grains such as whole wheat, oats, rye, quinoa, and spelt are frequent sources of fiber in baked foods.
Regional Segment Analysis of the Global Food Fiber 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)
Europe is projected to hold the largest share of the global food fiber market over the forecast period.
Get more details on this report -
Europe is projected to hold the largest share of the global food fiber market over the forecast period. The United Kingdom has authorized the labeling of inulin as a fiber in accordance with the AOAC international standard. In the United Kingdom, inulin and oligofructose can now be marketed as dietary fibers as a result of recent developments. Manufacturers' ingredient labels now include the following advantages: Fiber-rich, fiber-added, and fiber-enhanced. The average Western diet, which is deficient in wholegrain cereals, legumes, fruits, and vegetables, has displaced Europe's traditional food patterns.
North America region is also expected to fastest CAGR growth during the forecast period. North America is likely to have considerable revenue growth in the Food Fiber market in the coming years. As people become more aware of the health advantages of food fiber, there is a greater demand for fiber-rich foods and products in North America.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global food fiber 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:
- Kerry Group PLC
- Tate & Lyle PLC
- Archer Daniels Midland Company
- Ingredion Incorporated
- Cargill Incorporated
- Du Pont
- Roquette Freres SA
- BENEO
- Lonza
- Batory Foods
- PURIS
- RETTENMAIER & SOHNE GmbH + Co KG
- Taiyo International
- AGT Food and Ingredients
- The Green Labs LLC
- Nexira
- Farbest Brands
- Others
Key Market Developments:
- In January 2024, Uganda's Fiber Foods, a pioneer in jackfruit meat substitutes for food service, received an unrevealed investment from FoodSparks, a fund for agrifood tech entrepreneurs founded by PeakBridge and EIT Food, one of the major agrifood innovation ecosystems.
- In December 2022, Wyss scientists collaborated with Kraft Heinz to develop a micro-encapsulated enzyme product that can convert sugar into gut-healthy fiber in the human stomach.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global food fiber market based on the below-mentioned segments:
Global Food Fiber Market, By Product
- Oat Fiber
- Polydextrose
- Wheat Fiber
- Vegetable Fiber
- Soluble Corn Fiber
Global Food Fiber Market, By Application
- Bakery & Confectionery
- Dairy
- Functional Foods
- Beverages
- Meat Products
Global Food Fiber Market, By Regional
- 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 the Middle East & Africa
Frequently Asked Questions (FAQ)
-
1. What is the CAGR of the global food fiber market over the forecast period?The global food fiber market size is expected to grow from USD 6.65 Billion in 2023 to USD 11.26 Billion by 2033, at a CAGR of 5.41 % during the forecast period 2023-2033.
-
2. Which region is expected to hold the highest share in the global food fiber market?Europe is projected to hold the largest share of the global food fiber market over the forecast period.
-
3. Who are the top key players in the food fiber market?Kerry Group PLC, Tate & Lyle PLC, Archer Daniels Midland Company, Ingredion Incorporated, Cargill Incorporated, Du Pont, Roquette Freres SA, BENEO, Lonza, Batory Foods, PURIS, RETTENMAIER & SOHNE GmbH + Co KG, Taiyo International, AGT Food and Ingredients, The Green Labs LLC, Nexira, Farbest Brands, and Others.
Need help to buy this report?