According to a market report by Lucintel, the future of the dietary fiber market looks promising with opportunities in the food and beverage, pharmaceutical, and animal feed industries. The dietary fiber market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are health benefits of dietary fiber consumption, changing lifestyle and higher disposable income, and increasing demand for fiber supplements.
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In this market, soluble and insoluble dietary fibers are the major fiber types used for reducing the risk of diabetes and heart diseases by lowering blood sugar levels and cholesterol, and to maintain body weight. Insoluble dietary fiber is the largest segment.
Within the dietary fiber market, cereals and grains, legumes, fruits and vegetables, and nuts and seeds are the major sources of dietary fiber.
Waste movement, weight management, cholesterol management, sugar management are the major applications of the dietary fiber market.
North America will remain the largest market over the forecast period due to growing prevalence of health-related diseases, including obesity and cardiac arrest among the young and geriatric population, and increasing consumer spending on premium and nutritious food products.
Cargill, E. I. Du Pont De Nemours and Company, Ingredion Incorporated, Roquette Frères, Nexira, Archer Daniels Midland Company, Tate & Lyle, Kerry Group, Grain Processing Corporation, and J. Rettenmaier & Söhne are among the major manufacturers of dietary fibers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the dietary fiber market by end use industry, application type, fiber type, source, and region. Lucintel has prepared a comprehensive research report titled "Dietary Fiber market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the dietary fiber market by end use industry, application type, fiber type, source, and region as follows:
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Functional Food And Beverages
Pharmaceuticals
Animal Feed
Others
By Application Type [$M shipment analysis for 2013 – 2024]:
Waste Movement
Weight Management
Cholesterol Management
Sugar Management
By Fiber Type [$M shipment analysis for 2013 – 2024]:
Soluble Dietary Fiber
Insoluble Dietary Fiber
By Source [$M shipment analysis for 2013 – 2024]:
Cereals and Grains
Legumes
Fruits and Vegetables
Nuts and Seeds
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Italy
Spain
Asia-Pacific
Rest of the World (ROW)
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/dietary-fiber-market.aspx or helpdesk@lucintel.com.
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