The key players profiled have a strong presence in the global insoluble dietary fibers market include Cargill (U.S.), Ingredion Incorporated (U.S.), J. RETTENMAIER & SÖHNE GmbH Co KG (JRS) (Germany), Grain Processing Corporation (U.S.), Roquette Frères (France), SunOpta Inc. (Canada), and E.I. du Pont de Nemours and Company (U.S.).
The key market players adopted various growth strategies such as expansion and new product launch, in order to cater to the increasing demand for insoluble dietary fibers. The companies are increasing their research & development expenditure to expand their insoluble dietary fiber processing capacities and are manufacturing various food, animal feed, and nutraceutical products fortified with dietary fibers.
The core strength of the key players in this market is their strategic expansion, to enhance their presence in the insoluble dietary fibers market. Companies such as Ingredion Incorporated (U.S.) and SunOpta Inc. (Canada) are expanding their production facilities as well as their R&D sector for developing new dietary fiber containing products. The key companies entered into agreement and acquisitions to expand their presence geographically. Moreover, these companies also focused on offering a diverse range of insoluble dietary fiber products in order to cater to the changing requirements of consumers.
E.I. du Pont de Nemours and Company (U.S.) or DuPont has been one of the major players in the global insoluble dietary fibers market. The company has been focusing on developing new products and technologies. In March 2013, DuPont developed tortillas made of reduced fat, high dietary fiber content, made from rye or whole grain flour. This type of fortification of dietary fibers in food products will help the company to grow in the functional food & beverage sector.
Cargill (U.S.) has strengthened its position in the insoluble dietary fibers market through acquisitions. The company pursued acquisition as a strategy to strengthen its market position and invested substantially in the research & development of new products. In January 2013, Cargill acquired two animal feed mills from Pennfield Corporation (U.S.). The acquisition has helped Cargill in expanding its facilities in Western Europe and enhancing its product offerings for animal feed applications. In January 2012, Cargill introduced a new, cholesterol-lowering fiber product under the brand name, Barliv Barley betafiber in Canada after its approval from Health Canada. This product launch enabled the company to meet the Canadian consumers’ nutritional fiber demands.
Insoluble Dietary Fibers Market by Type (Cellulose, Hemicellulose, Chitin & Chitosan, Lignin, Fiber/Bran, and Resistant Starch), Source (Cereals & Grains, Legumes, and Fruits & Vegetables), Application, and Region - Global Forecast to 2022
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