Selbyville, Delaware, Dec. 20, 2022 (GLOBE NEWSWIRE) — According to a report published by Global Market Insights Inc., Global Dietary Fiber Market was valued at USD 2.5 billion in 2022 and is expected to exceed a valuation of USD 7 billion by 2032, progressing at a CAGR of 9.5% from 2023 to 2032. The report provides a detailed analysis of the best winning strategies, drivers and opportunities, competitively. scenario, fluctuating market trends, market size, statistics and estimates and key investment pockets.
Increasing healthcare and pharmaceutical spending is expected to drive industry growth. Greater consumer awareness about the importance of maintaining a healthy diet to control lifestyle diseases such as hypertension, diabetes and cardiovascular diseases, among other key benefits, could anchor market trends. Consuming dietary fiber improves the digestive system and helps treat skin disorders.
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Nowadays, a large number of cosmetic products contain fruit and plant extracts. Most of the fibers used in the cosmetics business are byproducts of the food processing industry. Citrus fruits and vegetable fibers are used in the production of anti-aging and whitening creams due to their detoxifying and antioxidant properties.
The significant health benefits of soluble dietary fiber can attract consumer attention
The global soluble dietary fiber market is estimated to reach USD 1 billion by 2022. It is mainly found in barley, oat bran, seeds, beans, nuts, lentils, peas and fruits and vegetables. It dissolves in water and forms a gel-like substance that helps lower blood glucose and cholesterol levels and slows digestion. Increasing popularity of probiotic ingredients and increased awareness of low fat and calorie reduction will drive consumption of soluble dietary fiber.
Key Reasons for Growth of Dietary Fiber Market:
- Growing demand in the food and beverage industry
- The growth of the pharmaceutical industry along with the increase in healthcare costs
Trends in low-calorie consumption are driving sales of breakfast cereals and snacks
Dietary Fiber Industry Share Breakfast cereals and snacks applications will witness a CAGR of over 9.5% by 2032. Adding dietary fiber to breakfast cereals helps reduce calorie and fat content, thereby improving the nutritional value of the product. High demand for breakfast products in Asia Pacific, driven by evolving dietary patterns and influenced by food trends in developed regions, will drive consumption of dietary fiber in the region. Government initiatives to increase food intake among people will also add impetus to the overall market trends.
Rising health consciousness is driving the uptake of dietary fiber in the APAC industry share
The Asia-Pacific dietary fiber market will witness a CAGR of 10% during the forecast period. Consumer preference for high fiber foods is increasing. Research results show a number of key benefits offered by different types of dietary fiber, which are directly related to their physicochemical properties. These include water binding ability, solubility, viscosity and swelling ability. Major market players are making significant investments in research and development due to increasing consumer demand for high-quality and effective food products. The aim is to provide multiple health benefits that will boost the industry outlook in the region.
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Competitive landscape of the global dietary fiber market
Archer Daniels Midland Company, Cargill Incorporated, Lonza Group, Ingredion Incorporated, DuPont, Roquette Freres, Royal DSM, Procter & Gamble, GlaxoSmithKline, Sudzucker, Kerry Group, Ceamsa, SunOpta, Inc., Interfiber, Solvaira Specialties Corporation, and Gracenn. some of the key players operating in the global dietary fiber market. To keep up in an increasingly competitive market, companies are focusing on product improvements and new product launches.
Partial chapters of the table of contents (TOC) of the report:
Chapter 2 Executive Summary
2.1 Dietary Fiber Industry 3600: summary, 2018 – 2032
2.1.1 Business Trends
2.1.2 Product Trends
2.1.3 Source trends
2.1.4 Application trends
2.1.5 Regional trends
Chapter 3 Dietary Fiber Market Industry Insights
3.1 Industry Segmentation
3.2 Overview of COVID-19 on the global economy
3.3 Industry Ecosystem Analysis
3.4 Regulatory Landscape
3.5 Technology landscape
3.6 Trends in Raw Materials
3.7 Industry Best Practices and Key Purchasing Criteria
3.8 Innovation and Sustainability
3.8.1 Inulin based on elderberry root
3.8.2 Nanofibrillated cellulose (NFC)
3.8.3 Wood-based dietary fiber
3.9 Price analysis, 2018-2032
3.9.1 Regional Pricing
3.9.2 Analysis of cost structure, 2020
3.10 Industry Influence Forces
3.10.1 Growth Incentives
184.108.40.206 Demand growth in the food and beverage industry
220.127.116.11 Growth of the pharmaceutical industry with increasing healthcare costs
3.10.2 Industry pitfalls and challenges
18.104.22.168 Harmful effects of excess dietary fiber intake with strict regulations
3.11 Global Dietary Products Overview
3.11.2 Consumer Claims
22.214.171.124 Improving athletic performance
126.96.36.199 Reduce dependence on pharmaceutical products
188.8.131.52 Personal Appearance Improvement
3.12 Analysis of growth potential, 2020
3.13 Competitive Landscape, 2020
3.14 Analysis of Ports
3.15 PESTEL analysis
3.16 Impact of COVID-19 on Dietary Fiber Industry by Application
3.17 Visualization of fiber composition in bakery products
3.18 Effects of high fiber content on foods
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About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, USA, is a global market research and consulting services firm that offers syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients transparent insights and actionable market data, specially designed and presented for strategic decision making. These comprehensive reports are developed using proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.