Authored By: Sarah
17 Oct 2024

Latest News: Dietary Fiber Market is expected to grow by a CAGR of 10.87% during 2024-2028; Trends and Forecasts to 2018

The Dietary Fiber Market is expected to grow at a CAGR of 10.87% to reach USD 3971.3 million by 2028. In the global food industry, there is a surging demand for products that offer functional or health benefits, driven by consumers' growing health consciousness and pursuit of improved quality of life. Dietary fiber, a crucial nutrient, is a significant factor influencing this trend, as consumers in both developed and emerging economies recognize its health benefits. Notably, emerging markets, including China, Brazil, India, and Russia, are experiencing a burgeoning dietary fiber market. This growth is fueled by increasing consumer awareness and the rising demand for nutritious food offerings. Consequently, dietary fiber vendors are capitalizing on this trend by investing in these emerging markets to meet the escalating demand for health-conscious food products.

North America dominates the regional market because of In the North American market, the demand for dietary fiber is surging due to the rising awareness of lifestyle-related diseases and the importance of meeting nutritional requirements. The US and Canada are leading markets, with a significant number of consumers opting for fiber-rich foods, particularly in the younger demographic. This trend is driven by the health benefits of fiber, which includes modulating the microbiota and improving digestive health. Sectors such as natural products, oats, peas, nuts & seeds, and the pharmaceutical & nutraceutical industry are capitalizing on this trend by introducing new fiber-rich offerings. Mintel reports indicate that the consumption of meat products is decreasing, while the demand for plant-based alternatives is increasing, further boosting the market for dietary fiber. Companies are responding to this trend by launching innovative, high-fiber products that cater to personalized nutrition preferences.

There are various factors that drive the Dietary Fiber Market market which are as following: In today's urbanized world, lifestyle changes and dietary habits have significantly impacted global health trends. According to the World Health Organization (WHO), approximately 39 million children under the age of 5 were obese in 2021. Furthermore, heart diseases remain a leading health concern. In response to these concerns, consumers worldwide are prioritizing their health and wellness, leading to increased demand for nutritious food options. The dietary fiber market is poised to benefit from this trend, as fiber is an essential nutrient for maintaining a healthy digestive system and reducing the risk of chronic diseases. As a professional assistant, I can provide you with the latest market insights, trends, and growth prospects for the dietary fiber industry.

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Dietary Fiber Market Segmentation

  • End-user
    • Food and beverage
    • Pharmaceuticals
    • Animal and pet feed
  • Type
    • Insoluble
    • Soluble
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • Middle East and Africa

The market witnesses several challenges, which are as follows In the dietary fiber market, businesses encounter challenges in adhering to the intricate regulations established by governing bodies. These stringent rules impede new market entrants and limit product innovation. For example, in the United States, the Food and Drug Administration (FDA) mandates that foods labeled as high in fiber must contain a minimum of 5 grams (0.17 ounces) per serving for soluble fiber and 8 grams (0.28 ounces) for insoluble fiber from whole grain sources. Furthermore, the FDA requires manufacturers to disclose nutritional information on food packaging. The European Union's Nutrition and Health Claims Regulation (NHCR) sets a threshold of 6 grams of fiber per 100 grams for a food product to be considered high in fiber. Compliance with these regulations poses significant challenges for market participants.

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Some of the key companies that have been profiled in the report include: 

  • BEYOND BIOPHARMA CO. LTD.
  • Cargill Inc.
  • Cooperatie Koninklijke Cosun UA
  • COSUCRA
  • DuPont de Nemours Inc.
  • FrieslandCampina
  • FutureCeuticals
  • Herbafood Ingredients GmbH
  • Ingredion Inc.
  • Interfiber Ltd.
  • International Flavors and Fragrances Inc.
  • J RETTENMAIER and SOHNE GmbH and Co KG
  • Kerry Group Plc
  • Matsutani Chemical Industry Co. Ltd.
  • Meiji Holdings Co. Ltd.
  • NEXIRA
  • Roquette Freres SA
  • Sudzucker AG
  • Tate and Lyle PLC
  • Tereos Participations

Market Research Overview 

The global packaged foods and meats market encompasses businesses engaged in processing and packaging foodstuffs to enhance their preservation and extend their shelf life. According to Technavio's market analysis, the market's size is determined by the consolidated revenue of the participating vendors. This market excludes manufacturers of food processing machinery and those producing packaged beverages, including alcoholic and non-alcoholic varieties. Key growth drivers for the packaged foods and meats market include the health advantages linked to the consumption of minimally processed foods, such as fruits and vegetables, which are rich in essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. Additionally, the market is witnessing increasing demand from various sectors, including aging population, animal feed applications, and the production of artificial ingredient-free foods, bakery goods, barley, beans, and other plant-based sources. Furthermore, the market is experiencing significant growth due to the bioactive substances and antioxidant properties present in these foods, which contribute to cardiovascular health benefits and reduced calorie intake. - The Dietary Fiber Market is experiencing significant growth, fueled by the Health benefits of high-fiber foods. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Market Research Analysis

The Dietary Fiber market is witnessing significant growth due to the rising prevalence of lifestyle diseases and the increasing popularity of plant-based diets. Fruits, vegetables, nuts & seeds, legumes are rich sources of dietary fiber (DF), which are essential for meeting nutritional requirements. The aging population and escalating healthcare expenses are fueling this demand. Soluble and insoluble fibers offer antioxidant properties and contribute to digestive health. Consumer preferences lean towards fiber-rich diets, fresh produce, and artificial ingredient-free foods. Food manufacturers are incorporating functional ingredients like DF into their products to cater to this trend. Lifestyle-related diseases such as cardiovascular issues and diabetes are driving the demand for DF-rich foods. Dietary supplements are also gaining traction as an alternative source of DF. Home cooking is another factor contributing to the growth of the market.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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