The GMI Research expects the dietary fiber market to expand at a significant rate. From a regional perspective, North America is projected to dominate the market due to rising health awareness and increasing export to other nations. The rapid economic development, followed by the increasing urban population, has led to drastic changes in dietary and lifestyle patterns.
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Dietary Fiber Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
Some of the dietary fiber market is projected to experience strong demand over the coming years due to growing concerns regarding health and diet among consumers. Increasing health consciousness owing to surged cases of cancer, diabetes, and heart diseases has led to the significant shift in consumers’ preference towards fiber-based food products. This factor is propelling to the growth of the dietary fiber market share. Furthermore, the rising consumption of nutraceuticals products and sports nutrition and the strong demand for high-quality fiber content products are the major factors that are surging the growth of the global dietary fiber market. The growing demand for foods high in fiber and prebiotics in the US will play an important role in fuelling the dietary fiber market’s growth.
In addition to this, the manufacturers are using several dietary fibers in their products to fulfill the consumer’s need in the market. The top major food and beverages companies in the nation including Kellogg Co., Nestlé, Procter & Gamble, FiberOne, NOW Foods, and NuGo Nutrition, are providing numerous functional food and beverages to meet the demand towards dietary fiber-based products. On the other hand, the factors hindering the growth of the dietary fiber market include growing production costs attributed to stringent regulations during the manufacturing stage and the emerging market for synthetic dietary fiber supplements.
Application Segment Drivers
Based on application, the food & beverage segment is dominating the market during the forecast period due to consumer’s confidence in the health benefits regarding dietary fibers. Moreover, the increasing consumption of healthy and functional food products is a significant factor accelerating the growth of the market during the forecast period.
Dietary Fiber Market’s leading Manufacturers:
- Cargill
- Nexira SAS
- Roquette Frères S.A.
- ADM Company
- Lonza Group AG
- Archer Daniels Midland Company
- Tate & Lyle
- DowDupont Inc.
- Sunopta, Inc.
- Ingredion Incorporated
Dietary Fiber Market Segmentation:
Segmentation by Type:
- Soluble Fiber
- Insoluble Fiber
Segmentation by Source:
- Cereals & Grains
- Fruits & Vegetables
- Legumes
- Others
Segmentation by Application:
- Food & Beverages
- Pharmaceuticals
- Animal Feed
- Others
Segmentation by End-Users:
- Online Stores
- Supermarkets
- Specialized Stores
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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