Dietary Fibers Market Expected to Deliver Dynamic Progression Until 2027

 Dietary Fibers Market Growth & Trends

The global dietary fibers market size is projected to reach USD 78.9 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc. The rising prevalence of health diseases, including obesity, diabetes, and digestive problems has resulted in the increasing demand for insoluble dietary fibers in food & beverage products, which is likely to augment the overall market growth.

Owing to various lifestyle problems stemming from an imbalanced diet, the importance of nutrition-rich products, such as foods and beverages rich in vitamins, fibers, omega fatty acids, and proteins, has increased. This is projected to offer growth opportunities for the market players over the coming years. Furthermore, fiber-fortified beverage and food products are becoming popular among consumers of distinguished age groups across the globe.

Key players, such as The Quaker Oats Company, KIND, and Purely Elizabeth, are adding insoluble and soluble dietary fibers in their food products, including cereals, processed juices, ice creams, energy bars, and yogurts. These factors, along with the rising functional food industry, are projected to augment the market growth over the forecast period.

Dietary fibers are majorly used in the food & beverage application segment, which is projected to register the fastest CAGR of 9.3%, in terms of revenue, from 2020 to 2027. The rising demand for powdered cellulose and cellulose gum & gel in the manufacturing of various products, such as spice mix, powdered beverage mixes, sauces, and frozen desserts, is likely to drive the market over the upcoming years.

Asia Pacific is anticipated to exhibit the fastest CAGR from 2020 to 2027 on account of the growing demand for fiber supplements and a rise in demand for the product in animal feed and pharmaceutical applications. In addition, increasing innovations in dietary fiber-based supplements to provide new flavors and combinations, including cranberry lemon drizzle and cinnamon oatmeal raisin, are expected to boost the market growth over the forecast period.

Request a free sample copy or view report summary: Dietary Fibers Market Report

Dietary Fibers Market Report Highlights

• In terms of revenue, fruits & vegetables is estimated to be the fastest-growing raw material segment over the forecast period
• Rising awareness regarding the importance of consumption of fruits & vegetables in the daily diet is likely to augment the growth of this segment over the upcoming years
• Soluble fibertype segment led the market in 2019 and accounted for more than 56% of the global volume share
• Rising awareness about the health benefits of consuming soluble dietary fiber-rich foods, such as reduced risks of asthma, heart diseases, and cancer, is projected to spur the segment growth
• North America is expected to witness a steady growth owing to ascending demand for functional foods and beverages from the U.S., Canada, and Mexico
• In addition, rising consumer awareness regarding the significance of fibrous foods, including whole grain, wheat bran, maize, and rice, is likely to support market growth in the region over the next few years
• In March 2020, BENEO GmbH announced the capacity expansion of its Chile-based chicory root manufacturing facility by the year 2022. The company invested over USD 55.5 million to cater to the rising demand for BENEO’s oligofructose and inulin, obtained from chicory root fibers, from food & beverage manufacturers across the globe

Dietary Fibers Market Segmentation

Grand View Research has segmented the global dietary fibers market on the basis of raw material, product, application, and region:

Dietary Fibers Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Fruits & Vegetables
• Cereals & Grains
• Legumes
• Nuts & Seeds

Dietary Fibers Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Soluble Dietary Fibers
  • Inulin
  • Pectin
  • Beta-Glucan
  • Corn Fibers
  • Others
• Insoluble Dietary Fibers
  • Cellulose
  • Hemicellulose
  • Chitin & Chitosan
  • Lignin
  • Oat Bran
  • Wheat Fiber
  • Others

Dietary Fibers Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Food & Beverages
• Pharmaceuticals
• Animal Feed
• Others

Dietary Fibers Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
• Asia Pacific
  • India
  • China
  • Japan
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • South Africa

List of Key Players of Dietary Fibers Market

• BENEO
• ADM
• Lonza
• Cargill, Incorporated
• DuPont
• Ingredion Incorporated
• Roquette Frères
• Puris
• Emsland Group
• Kerry Inc.
• The Green Labs LLC
• Nexira
• Tate & Lyle
• Farbest Brands
• RETTENMAIER & SÖHNE GmbH + Co KG
• Taiyo International
• AGT Food and Ingredients
• Batory Foods

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.