ROCKVILLE, Dec. 15, 2022 (GLOBE NEWSWIRE) — As of 2022, the global dietary fiber market is valued at US$7.7 billion and is projected to grow at a staggering 10% CAGR over the next decade It has been. The market is expected to exceed a USD 20 billion valuation by the end of 2032. diet needs fiber Growing consumer awareness of health, wellness and nutrition, a shift from pharmaceuticals to nutritional supplements, and growing demand for fiber-rich foods among consumers are expected to drive this trend.
Rising customer preference for natural products is a major factor influencing market growth. Growing awareness and concern about preventive medicine and the effectiveness of dietary fiber on overall health are the factors driving the growth of the market. Demand for foods containing dietary fiber will increase due to increased consumption of functional foods that not only provide basic nutrition but also have the potential to enhance health, which will have a positive impact on the growth of the market in the coming years. doing.
Recent developments in manufacturing technology have led to the emergence of microwave, ultrasonic, and high-pressure processing, resulting in higher dietary fiber yields while maintaining functionality. These processes significantly reduce the time and temperature required, which in turn reduces energy consumption during the process. The emergence of green technology is expected to boost the growth of the market.
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Consumers are becoming increasingly interested in consuming probiotics to improve their gut health, and there is increasing interest in consuming functional drinks with probiotics. demand is expected to increase. Beverage manufacturers, on the other hand, continue to develop new products and use probiotics in dairy, grain-based products, dairy alternatives, fermented beverages, fruit and vegetable-based products, ready-to-eat snacks and beverages. are paying more and more attention to This is also expected to drive the dietary fiber market during the forecast period.
Key takeaways from market research
- Global fiber market value to more than double from 2022 to 2032
- North America emerges as an opportunistic market, registering a CAGR equivalent to 9%
- Asia-Pacific is the fastest growing dietary fiber market, expected to surge at a CAGR of 9.9%
- By raw material, cereals and cereal-derived dietary fiber account for a 48% share.
- Insoluble fiber to achieve highest sales, growing at 8.7% CAGR by 2032
- By application, food and beverages generate a revenue share worth US$3 billion in dietary fiber
“There has been an increasing focus on health and diet in recent years, and this trend has led to a significant increase in healthcare research and development activities worldwide.meal WhatIberian It plays an important role in fighting diseases and treating them.This is what primarily drives the demand for meals fiber,” A Fact.MR analyst said:.
Meal major segment fiber industry research
by product Type:
- Chitin & Chitosan
- oat bran
- wheat fiber
- beta glucan
- cone fiber
- food and beverage
- animal feed
raw material :
- fruits and vegetables
- cereals and cereals
- nuts & seeds
- North America
- latin america
- Asia Pacific
- Middle East and Africa
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Leading companies in the dietary fiber market focus on advancing research and rapidly tracking new dietary fiber developments to launch new products and gain a competitive advantage over other market players. .
- In September 2020, Batory Foods entered into an agreement with BioHarvest Sciences Inc., developer of proprietary, patent-protected Biofarming technology. The deal was signed solely to enter the U.S. Edible CBD and U.S. Dietary Supplement markets in order to strategically diversify Batory Foods’ product portfolio.
Cargill, Inc. invested approximately US$35 million in Europe in October 2019 to expand its current line of sweeteners, starches and texturizers to include soluble fiber. This strategic project marks the company’s first foray into soluble fiber in Europe and was launched to provide modern solutions to manufacturers of high-quality products such as bakery, confectionery, cereals and dairy products. .
Key Companies Profiled-
- Dupont de Nemours
- Archer Daniels Midland Company (ADM)
- Batley Foods
- Ingredion Co., Ltd.
- rocket brothers
- Tate & Lyle
- Msland Group
- Kelly Co., Ltd.
- Green Lab LLC
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More valuable insights available
With its new service, Fact.MR presents an unbiased analysis of the dietary fiber market, presenting historical demand data (2017-2021) and forecast statistics for 2022-2032.
The study reveals key market insights based on raw material (fruits & vegetables, cereals & grains), type (soluble & insoluble), application (food & beverages, pharmaceuticals) and region.
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