Increasing awareness regarding health & nutrition particularly in developing countries is expected to drive the demand for any kind of fiber especially dietary supplements which in turn is expected to propel the growth of Dietary Fiber Market.
The dietary fibers marketcontinues to grow due to high demand in most countries and the intensifying market opportunities for high fiber foods. The market players are responding to these new opportunities in foods high in fiber by expanding their global presence and product lines; fiber foods thus extending globally.
Regional Outlook of Dietary Fibers Market:
While overall dominant region is noted North America, the U.S. is a notable consumer in both volume and value. On the other hand, APAC is projected to grow at the fastest CAGR rate during the forecast period 2015-2020. China shall project healthy CAGR growth rates during the coming 6-10 years.
The growth in these regions mainly owes to increase in production of dietary fiber raw materials and products. Functional food & beverages are projected to gain better prospects as a rapidly growing segment in various geographic regions till 2020. Dietary fibers such as chitosan, cellulose, pectin, and resistance starch have been witnessing a high demand.
Growth Trends of Dietary Fibers Market:
Dietary fibers are widely used in the functional food & beverages, animal feed, pet food, and pharmaceutical industries with various stakeholders such as raw material producers, suppliers, processors, distributors, and end-user industries such as manufacturers of functional foods, dairy, bakery & confectionery, beverage, meat products, and pharmaceuticals. Disposable income and rise in the middle-class population are the major drivers of this market. Rising demand of dietary supplements and pharmaceuticals is expected to drive the dietary fibers market over the forecast period.
An increased number of consumers are beginning to adapt to high fiber diet with rich demand for soluble fiber and fiber supplements. Among the fiber rich foods, soluble fiber foods are noted to be pretty popular. Insoluble fiber enjoys enough prominence as well, says study.
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Segmentation of Dietary Fibers Market:
IndustryARC segments Dietary Fibers Market 4 main types owing to certain deciding factors as studied and analyzed by the research team. Each of the type is further sub classified into narrower streams which are few mentioned below. The complete list with analysis- given in the report
1. By Type: Insoluble and Soluble
Insoluble: Cellulose and LIginin
Soluble: Inulin Oligofructose, Pectin, Polydextrose and Resistant Starch.
2. By Source: Grains, Vegetables, Fruits, Nuts, Legumes and Others.
3. By End User Application: Dietary Supplements, Food and Beverage, Animal Feed, Pharmaceuticals, Dairy Products and Others.
4. By Geography: North America, APAC, Europe, South America and ROW.
Leading Vendors of Dietary Fibers Market:
Dietary Fibers Market report includes more than 40 players of the industry with few mentioned below.
· Archer Daniels Midland Company(U.S.)
· Novus International(U.S.)
· Kellogg’s Company(U.S.)
· Roquette Freres Group(France)
· General Mills(U.S.)
· Cargill, Inc.(U.S.)
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