The global size for Dietary Fiber Market was valued at USD 2.66 Billion in 2022. It is projected to reach USD 5.86 Billion by 2032, demonstrating a significant compound annual growth rate (CAGR) of 9.2% throughout the forecast period. The driving force behind this remarkable revenue expansion is the growing demand for functional foods, dietary supplements, and diets rich in fiber, all of which contribute to maintaining optimal health and well-being.
The prevalence of chronic conditions such as Diabetes, obesity, and Gastrointestinal (GI) disorders is on the rise, underscoring the increasing significance of preventive healthcare practices and the adoption of natural and organic food choices. Essential in preserving digestive health and providing protection against chronic ailments, dietary insoluble fibers like cellulose, Lignin, and resistant starch have gained prominence.
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Top Companies:
· Archer Daniels Midland Company
· Cargill, Incorporated
· DuPont de Nemours, Inc.
· Fiberstar, Inc.
· Ingredion Incorporated
· Royal DSM N.V.
· Tate & Lyle PLC
· Kerry Group
· Sudzucker AG
· SunOpta Inc.
· Groupe Limagrain
Restraints of Dietary Fiber Market
· Limited Consumer Awareness: Many consumers might not be aware of the importance and benefits of insoluble dietary fiber in their diets. This lack of awareness could hinder market growth as people may not actively seek out products with higher insoluble fiber content.
· Taste and Texture Issues: Some sources of insoluble dietary fiber, such as whole grains and certain vegetables, can have a distinct taste, texture, or gritty feeling that some consumers find unappealing. This could impact the adoption of products containing these ingredients.
· Processing Challenges: Incorporating insoluble dietary fiber into food products might pose processing challenges for manufacturers. The presence of insoluble fibers could affect the texture, stability, and shelf life of certain food items.
· Regulatory Hurdles: Depending on the region, there might be regulatory challenges related to health claims and labeling for products containing insoluble dietary fiber. Manufacturers need to comply with regulations while making health claims about the benefits of their products.
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The global Dietary Fiber Market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Source Type Outlook:
- Fruits
- Vegetables
- Whole Grains
- Others
Application Outlook:
- Food & Beverages
- Pharmaceuticals
- Animal Feed
- Others
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