Dietary Fibers Market to Incur Meteoric Growth During 2022 to 2030: Grand View Research Inc.

 Dietary Fibers Market Growth & Trends

The global dietary fibers market size is expected to reach USD 14.93 billion by 2030, registering CAGR of 9.2% during the forecast period, according to a new report by Grand View Research, Inc. Demand for the dietary fibers is anticipated to be driven by the increasing consumer awareness regarding health, wellness & nutrition, a shift from the pharmaceutical to nutraceuticals products, and rising demand for the food products, enriched with the fibers, among consumers.

Rise in customer preference for the natural products is a major factor that influences the market growth. Awareness and rising concerns regarding preventive healthcare and the effectiveness of the dietary fibers on overall health are the factors driving the market growth. Demand for the foods with dietary fibers has risen owing to an increase in the consumption of functional foods, which has the potential to enhance health as well as provide basic nutrition which will positively impact the market growth in coming years.

Recent development in manufacturing technologies has led to the emergence of microwave, ultrasound, and high-pressure processing to derive a higher yield of dietary fibers while maintaining their functionality. These processes significantly reduce the time and required temperature, which concurrently leads to reducing the energy consumption during processing. The advent of green technologies is expected to boost the market growth.

Consumers are gradually becoming interested in consuming probiotics to improve gut health, which is boosting focus on the consumption of probiotic-induced functional beverages. This is expected to increase demand for dietary fibers. Beverage manufacturers, on the other hand, are increasingly focusing on new product development and the use of probiotics in dairy, grain-based products, dairy alternatives, fermented beverages, fruit and vegetable-based products, and ready-to-eat snacks and drinks.  This is also expected to drive the dietary fibers market during the forecast period.

Technological developments in various fields of end-use manufacturing industries, as well as increased usage of the dietary fibers among various industries, are fueling dietary fiber demand growth. Besides, the continued trend of plant-based diets in countries such as Italy, China, the UK, and the U.S. is also expected to drive market demand for dietary fibers in the food & beverages industry.

Europe is witnessing an increased demand for the dietary fibers owing to rising health consciousness, diet consciousness, introduction of the advanced technologies, growing disposable income, and expanding middle-class population. Furthermore, in Europe, the bakery industry has been significantly contributing to demand for the dietary fibers owing to the increasing popularity of natural and healthy bakery products, containing dietary fibers.

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Dietary Fibers Market Report Highlights

• Soluble fibers led the market in terms of revenue, owing to some of the major advantages of soluble fibers, which includes reduction of cholesterol levels and keeping blood sugar levels normal
• Food and beverages application segment is expected to be the fastest growing application with a CAGR of 9.6%. This can be attributed to the growing trend of consuming healthy and functional food products among consumers
• Asia Pacific dominated the regional segment in terms of revenue with a share of 39.0% and is expected to grow rapidly during the forecast period. The market players have been undertaking mergers and acquisitions as well as capacity expansions to improve their technical expertise and to enable them to offer enhanced products to the consumers

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Dietary Fibers Market Segmentation

Grand View Research has segmented the global dietary fibers market based on the raw material, type, application, and region:

Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

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

Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

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

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Food & Beverages
• Pharmaceuticals
• Animal Feed
• Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

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

Some of the major companies in global Dietary Fibers Market include

• BENEO
• Lonza
• DuPont de Nemours, Inc.
• Archer Daniels Midland Company (ADM)
• Batory Foods
• Ingredion Incorporated
• Roquette Freres
• PURIS
• Tate & Lyle
• Emsland Group
• Cargill, Incorporated
• Kerry Inc.
• The Green Labs LLC
• Nexira
• Far best Brands
• RETTENMAIER & SOHNE GmbH + Co KG
• Taiyo International
• AGT Food and Ingredients

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.