Dietary Fibers Market

Dietary Fibers Market worth $12.3 billion by 2027

Dietary Fibers Market Size, Share & Trends Report, 2027

According to a research report "Dietary Fibers Market by Source (Fruits & Vegetables, Cereals & Grains, Legumes, Nuts & Seeds), Type (Soluble, Insoluble), Application (Functional Food & Beverages, Pharmaceuticals, Feed, Nutrition, Other Application) & Region - Global Forecast to 2027", published by MarketsandMarkets, The global market is estimated at USD 6.8 billion in 2022. It is projected to reach USD 12.3 billion by 2027, recording a CAGR of 12.6% during the forecast period. Rising dietary fiber supplement intake to meet nutritional requirements is projected to augment market growth. Due to the aging population, increasing incidence of lifestyle diseases, and rising healthcare expenses, these supplements are in extremely high demand. Due to all these factors, consumer preferences are shifting toward consuming more dietary supplements to support their health and meet their basic nutritional requirements, driving the market growth. 

Browse 367 market data Tables and 48 Figures spread through 333 Pages and in-depth TOC on "Dietary Fibers Market by Source (Fruits & Vegetables, Cereals & Grains, Legumes, Nuts & Seeds), Type (Soluble, Insoluble), Application (Functional Food & Beverages, Pharmaceuticals, Feed, Nutrition, Other Application) & Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/novel-dietary-fibers-market-858.html

Dietary Fibers Market

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By source, the fruits and vegetable segment is predicted to achieve the second highest CAGR growth in the Dietary fibers market.
 
With a healthy balance of soluble and insoluble fractions, fruits and vegetables are important sources of dietary fiber (DF). The dietary fiber derived from these plant-based foods has physiological and functional characteristics linked to health benefits. They also have antioxidant properties from the bioactive substances connected to dietary fiber. Dietary fibers and prebiotic compounds found in fruits and vegetables significantly improve human health through mechanisms such as microbiota modulation, postprandial glycemic response reduction, cholesterol normalization, constipation prevention, and transport of phenolic compounds.
 
The soluble dietary fiber segment is likely to account for the highest market share in the dietary fiber market over the forecast period.
 
Soluble dietary fiber dissolves in water to form a gel-like substance. It can aid in lowering cholesterol and blood glucose levels. Oats, peas, beans, apples, citrus fruits, carrots, barley, and psyllium all hold soluble fiber. Soluble dietary fibers help to improve coronary artery health, the health of the colon, the stimulation of bifidobacteria or lactobacilli in the gut, as well as lowers lower cholesterol and glucose levels. The demand is propelled by changing consumer lifestyles and an increase in the use of dietary fibers as functional food ingredients. In the coming years, the market expansion is supposed to be driven by the expanding application base of soluble dietary fibers across several industries, including food & beverage, pharmaceutical & nutraceutical, and feed.
 
North America is projected to achieve the highest market share in the dietary fibers market.
 
The increased demand for fortified food and drinks, including dairy products, meat products, bakery goods, and snacks in the United States, Mexico, and Canada, is expected to drive market growth during the forecast period. The region's recent economic growth and growing urban population brought significant changes in eating habits and lifestyle. During the projection period, it is predicted that rising consumer interest in Greek yogurt, confectionery goods, and health drinks will drive market expansion. More than half of US consumers consider high fiber important when buying a healthy snack. According to a report published in September 2020 by Mintel titled “Patent Insights; dietary fibers in food and drinks,” 86% of US consumers have either tried or would be prepared to try high-fiber foods and beverages for digestive relief. A huge elderly population is also one of the driving factors for the market, which elevates the opportunities for functional and fortified food and beverage applications.

Key Trends in the Global Dietary Fibers Market:

  • Rising Demand for Functional Foods and Beverages: There is a growing demand for functional foods and beverages fortified with dietary fibers. Consumers are increasingly seeking products that offer health benefits beyond basic nutrition, such as improved digestive health, weight management, and blood sugar control.
  • Focus on Health and Wellness: The overarching trend towards health and wellness is driving the demand for dietary fibers. Consumers are becoming more conscious of their dietary choices and are actively seeking products that support their health goals, including increased fiber intake for better digestive health and overall well-being.
  • Preference for Natural and Plant-based Ingredients: There is a strong preference among consumers for natural and plant-based ingredients in food and beverage products. As such, dietary fibers sourced from natural sources such as fruits, vegetables, grains, and legumes are gaining popularity due to their perceived health benefits and clean label appeal.
  • Growth in Functional Food Ingredients Market: The dietary fibers market is benefiting from the overall growth of the functional food ingredients market. Food and beverage manufacturers are incorporating dietary fibers into a wide range of products, including bread, cereals, snacks, dairy products, and beverages, to enhance their nutritional profile and appeal to health-conscious consumers.
  • Innovation in Product Formulations: There is ongoing innovation in the development of dietary fiber ingredients and formulations to meet consumer preferences and address specific health needs. This includes the introduction of novel fiber sources, such as resistant starches, soluble fibers, and prebiotic fibers, as well as advancements in extraction and processing technologies to improve the functional properties of dietary fibers.
  • Regulatory Landscape and Labeling Requirements: Regulatory standards and labeling requirements for dietary fiber ingredients are evolving, impacting product formulation, labeling, and marketing strategies. Manufacturers need to ensure compliance with regulations while effectively communicating the health benefits of dietary fibers to consumers.
  • Expansion in Emerging Markets: The demand for dietary fibers is witnessing significant growth in emerging markets, driven by factors such as rising disposable incomes, urbanization, changing dietary habits, and increasing awareness about the importance of fiber-rich diets for health and wellness. This presents opportunities for market players to expand their presence in these regions.
  • Research and Education Initiatives: Ongoing research and education initiatives aimed at raising awareness about the health benefits of dietary fibers are contributing to market growth. Consumer education campaigns, as well as collaborations between industry stakeholders and research institutions, are helping to highlight the importance of fiber-rich diets for preventing chronic diseases and promoting overall health.

Top Companies in the Dietary Fibers Market

The key players in this market include Beneo (Germany), ADM (US), Tereos (France), Cargill (US), Dupont (US), Roquette Frères (France), Ingredion Incorporated (US), Kerry Group PLC (Ireland), The Green Labs LLC (US), Nexira (France), Tate & Lyle (UK), Nutri Pea Ltd (Canada), Herbafood Ingredients GmbH (Germany), Scoular (US), and Baolingbao Biology Co Ltd. (China). These market players focus on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Dietary Fibers Market Report Segmentation:

This research report categorizes the market based on type, application, source, and region.

By Source

By Type

By Application

By Region

  • Fruits & Vegetables
  • Cereals & Grains
  • Legumes
  • Nuts & Seeds
  • Soluble
  • Insoluble
  • Functional Food & Beverages
  • Pharmaceuticals
  • Feed
  • Nutrition
  • Other Applications
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Recent Developments in the Dietary Fibers Market

  • In April 2022, Ingredion Incorporated acquired Germany-based KaTech, that provides advanced texture and stabilization solutions to the food and beverage industries. This acquisition expands Ingredion's Food Systems platform with a comprehensive suite of innovative solutions that assist food and beverage manufacturers with product formulation, ingredient functionality, and technical assistance.
  • In March 2021, BENEO constructed its chicory root fiber manufacturing unit in Chile. This expansion to help BENNEO to solidify its position in the global market.
  • In September 2020, Tate & Lyle opened a new Customer Innovation and Collaboration Center in Santiago, Chile. The new center includes application and rapid prototyping capabilities, which will allow Tate & Lyle's food scientists to collaborate with customers in the region to address the growing demand for solutions that help reduce sugar, fat, and calories and add fiber to consumer products.

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Dietary Fibers Market Size,  Share & Growth Report
Report Code
FB 2289
PR Published ON
8/4/2022
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