Dietary Fibers Market

Dietary Fibers Market worth $6.5 Billion USD by 2022

The report "Dietary Fibers Market by Type (Soluble, Insoluble), Application (Functional Food & Beverages, Pharmaceuticals, Animal Feed), Source (Cereals & Grains, Fruits & Vegetables, Legumes), and Region - Global Forecast to 2022" The Dietary Fibers Market Is Projected To Account for a Value of USD 6.5 Billion By 2022 Consumers are increasingly becoming fitness-conscious, which has influenced their diets as well. To maintain their health, they are supplementing their fitness regimes with a range of functional food products. Due to the increasing demand for functional food products, manufacturers are increasingly utilizing various dietary fibers in their products. According to MarketsandMarkets, the dietary fibers market is projected to account for a value of USD 6.5 billion by 2022, recording a CAGR of 11.6%.

Browse 84 market data Tables and 41 Figures spread through 197 Pages and in-depth TOC on "Dietary Fibers Market by Type (Soluble, Insoluble), Application (Functional Food & Beverages, Pharmaceuticals, Animal Feed), Source (Cereals & Grains, Fruits & Vegetables, Legumes), and Region - Global Forecast to 2022"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/novel-dietary-fibers-market-858.html

The Soluble Segment To Outsell the Insoluble Segment in the Dietary Fibers Market During the Forecast Period

With the increasing consumption of bakery and confectionery products, the demand for soluble dietary products remains high among manufacturers. The use of soluble dietary fibers helps in increasing the nutritional value of various food products such as nutritional bars, pasta, and bread. Due to the increasing demand for soluble dietary fibers among manufacturers, the soluble segment is projected to outsell the insoluble segment in the dietary fibers market during the forecast period.

The Cereals & Grains Segment Is Projected To Witness the Second-highest Growth Through 2022

Increasing prevalence of diabetes and obesity has encouraged consumers to maintain their fitness. Consumers focus on supplementing their diets with a range of functional food products to maintain their health, blood-sugar levels, and weight. High demand for functional food products has encouraged manufacturers to invest in a range of grains and cereals to enhance the nutritional quotient of products and align with their health requirement. These factors are projected to contribute to the growth of the cereals & grains segment during the forecast period.

North America To Dominate the Dietary Fibers Market During the Forecast Period

A shift in the preferences of consumers toward fat-free and nutrition-rich food products has encouraged retail outlets to accommodate shelves for functional food products. Increasing obesity among consumers has encouraged consumers to follow a strict fitness regime, due to which the preference for functional food products is projected to grow in the North American region. Increase in the number of fitness-conscious consumers has led manufacturers to invest in a range of dietary fibers to enhance the nutritional quotient and quality of products. On account of these factors, North America is projected to dominate the market during the forecast period.

Leading players identified in the dietary fibers market include E. I. du Pont de Nemours and Company (US), Cargill (US), Nexira SAS (France), Roquette Frčres S.A. (France), and Ingredion Incorporated (US). Key players in this market are adopting strategies such as agreements, acquisitions, and expansions.

All in all, the dietary fibers market is projected to record significant growth during the forecast period. Retailers focus on improving their sales and profit by accommodating their shelf space with functional food products. Key players also focus on developing products that align with the health and fitness requirements of consumers to cater to the increasing demand of retailers and consumers. These factors are projected to reflect positively on the market growth.

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Report Code
FB 2289
PR Published ON
7/17/2017
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