Global Dietary Fibers Market Size, Insights, Drivers, Opportunities, By Application (Food, Beverages, Pharmaceuticals, Others), By Product (Soluble, Insoluble), By Source (Whole Grain Products, Fruits & Vegetables, Others), By Region, Growth, Trends and Forecast from 2019 to 2027
Global Dietary Fibers Market Size, Insights, Drivers, Opportunities, By Application (Food, Beverages, Pharmaceuticals, Others), By Product (Soluble, Insoluble), By Source (Whole Grain Products, Fruits & Vegetables, Others), By Region, Growth, Trends and Forecast from 2019 to 2027
Historic years: 2015 to 2017 Base Year: 2018 Forecast Years: 2019 to 2027
Number of pages: 100 Category: F&B Report Id: MISFnB5004
Market Insights
The global dietary fibers market was valued at USD 4.19 billion in 2018 and is estimated to reach a value of USD 13.34 billion in 2027. The market is analyzed to rise at a CAGR of 13.74% over the forecast period of 2019 to 2027. The dietary fiber market has become one of the major food items essential across different industries like food & beverage, nutritional supplements and pharmaceuticals. These end user industries and the continuous rising requirement of the consumers towards a healthy diet is manoeuvring the market growth. The fast-growing trend of the population to prevent lifestyle diseases of the 21st century like diabetes, hypertension, and cardiovascular diseases are among the major factors stirring alertness.Global Dietary fibers market size by region, 2018 (USD Billion)
The major products include whole grains like barley, whole wheat, broccoli and brown rice. Other products in this segment are lentils, apples, nuts and mangoes which have a higher fiber content. These products are gaining a lot of momentum because of their healthy aspect and is expected to drive the market during the forecast period
Application Insights
In terms of application, food segment was valued to be the largest and fastest growing market. In 2018, this category accounted for 42.06% of the global dietary fibers market. This growth in 2018 was ascribed to the growing awareness about the significance of fiber content in our daily meals and also due to the recent rise of the functional food. Additionally, there has been quite a few instances of major lifestyle diseases like colon cancer and first stroke rate which has led people to a healthier lifestyle. This healthy eating trend is promoting fruits and vegetables as an important part of the diet. Fruits and vegetables like cabbage, broccoli, apples, berries and pears are some of the commonly eaten products. Fruits are known to produce short chain fatty acids by assisting the good bacteria in our stomach which leads to healthy gut and bowel system.Product Insights
Insoluble application category was valued to hold the largest market. In 2018, this category accounts for over 60% of the global market. It can easily pass through our intestines, without forming a gel-like substance. The insoluble category of dietary fiber also helps to maintain a balanced PH in the intestine.Source Insights
Whole grain food category is the largest and fastest growing product segment. It is expected to reach USD 5.09 Billion in 2027. High fiber content and easy availability across different region drives this market to be accepted by a large consumer base.Global dietary fibers market value share by source, 2027 (%)
Fruits and vegetable category is expected to be the fastest growing source over the forecasted period. Fruits such as metamucil, purple passion fruit, figs orange, and vegetables such as avocado, turnip, and sweet potato among others Contains high levels of fibers. Rising consumer awareness towards consumption of these products in daily diet is expected to be a key driver in the market growth.
Regional Insights
Asia Pacific is the largest dietary fibers segment. In 2018 Asia Pacific accounted for 40.73% of the global market. It has been observed that a large number of food & beverage industries, and rising demand for pharmaceuticals product is boosting the growth to this industry in the region.Competitive Landscape
The global market has been unified due to the large multinational players leading the segment. The key players of the industry include Archer Daniels Midland Company, Royal DSM, DowDuPont, Kerry Group, Tate & Lyle, Cargill, Ingredion Incorporated, Procter & Gamble, and J. Rettenmaier & Sohne Gmbh & Co. These major leader work with marketing strategies like merger and acquisitions, geographical expansion, new product development with technological innovation and sourcing strategies which helps in increasing their market share. For instance, In July 2014, Archer Daniels Midland Company acquired the Wild flavors Gmbh which aided the company to strengthen their foothold in the food and beverage segment. This acquisition resulted in a steady sourcing of raw material supply for their production and operation.Research Methodology
The following report consists of market analysis including both primary and secondary research. Primary research comprises the interaction between manufacturers, industry experts, and channel partners, while the secondary research presents an analytical interpretation of relevant publications which contains details like proprietary databases, purchased database, company annual reports, and financial reports. For the single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an inquiry for the pricing details.Highlights of the report
- All market drifts, drivers and opportunities
- Understanding the dynamics of the parent market
- Prime fluctuations of the business dynamics
- Historical, current, and projected size of the market with respect to production and sales
- Segmentation and comprehensive analysis in the second or third level
- Reporting and evaluation of recent industry developments
- Detailed profiling of leading companies
- Opportunities to newer trends in global, regional and country markets
- Analyzing the trajectory line of the business
- Measures to consider for dietary fiber products in the industry
- Food
- Beverages
- Pharmaceuticals
- Others
- Soluble
- Insoluble
- Whole grain products
- Fruits & vegetables
- Others
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
- South Africa