Overview for Global Dietary Fibers Market Helps in providing scope and definations, Key Findings, Growth Drivers, and Various Dynamics.
The Global Dietary fibers market has been estimated at USD 3.15 Billion in 2016 and is projected to reach USD 5.93 Billion by 2021, at a CAGR of 13.5% during the forecast period from 2016 to 2021. Dietary fiber is the portion of food that is indigestible and is derived from plants. Dietary fiber can be of two primary types, namely insoluble and soluble fiber. Soluble fibers are readily dissolvable in water and slow emptying of stomach. They are widely used as nutritional means for people with diabetes and obesity as they lower blood cholesterol levels and help maintain sugar levels. Insoluble fiber isn’t water soluble and is metabolically inert in nature.
The market for dietary fibers is mainly driven due to factors like changing habits related to food consumption, increasing occurrence of a number of health issues due to which people are opting healthy products which has dietary fibers, and rising disposable incomes due to which people are willing to spend money for dietary fiber containing products. But, the market growth can be hampered due to strict regulations introduced by regulatory bodies and the FDA on the consumption of dietary fiber.
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Global market for Dietary fibers is segmented based on type, source, and application. By type, the market is further sub-segmented into Insoluble (Cellulose, Hemicellulose, Chitosan, Chitin, Lignin, Resistant starch) and Soluble (Insulin, Polydextrose, Pectin, Beta-glucan). By source, the market is further sub-segmented into Cereals & grains (Wheat, Oat, Legumes, Nuts), Fruits & vegetables, Other crops. By application, the market is further sub-segmented into Functional food & beverages (Beverages, Dairy, Bakery & confectionery, Breakfast cereals & snack bars, Meat products), Animal feed, Pet food, Pharmaceuticals. Soluble fibers are expected to witness significant growth owing to their properties to readily dissolve in water. Functional foods sector is the biggest market by application, where the dairy segment is estimated to be the largest market.
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Geographically, Global market for Dietary fibers is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the largest market for Dietary fibers in terms of market share contribution in the global market. North American market is characterized by high demand from end-use industries such as pharmaceuticals and dietary supplements. Europe trails just behind, with the second largest share in the global market. Asia-Pacific is expected to witness highest growth owing to factors like economic developments paired with ageing population in Japan, which is driving dietary supplement demand in that region.
Archer Daniels Midland Company , Cargill, Incorporated, E. I. du Pont de Nemours and Company, Südzucker AG, Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères, and SunOpta Inc., are the major players of Global Dietary fibers market.
Major Points from Table of Contents
4.Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
8.Market Leaders’ Analysis
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