The Dietary Fibers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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In accordance with The Business Research Company’s comprehensive analysis detailed in the Dietary Fibers Global Market Report 2024, the dietary fibers market has exhibited remarkable expansion in recent years, experiencing a robust trajectory from $9.05 billion in 2024 to a projected $10.05 billion in 2024, boasting a compelling compound annual growth rate (CAGR) of 11.1%. This remarkable ascent in the historical period can be ascribed to multifaceted factors, including the realization of functional health benefits, an escalating demand for weight management solutions, the dynamic landscape of food labeling and regulations, coupled with a discernible shift in dietary preferences, and ongoing innovations within the food industry.
Forecasts for the dietary fibers market augur an accelerated growth trajectory, surging to an estimated $15.71 billion by 2028, marked by a noteworthy CAGR of 11.8%. This anticipated surge in the forecasted period can be delineated by several contributing factors, notably the escalating awareness surrounding digestive health, a regulatory emphasis on labeling and health claims, the enduring shift in dietary preferences, and an escalating demand for natural and organic food products. Pivotal trends expected to shape the market landscape include governmental health initiatives and regulatory frameworks, a surge in functional beverages and snacks, groundbreaking digestive health products, the rising prevalence of plant-based and vegan diets, and an overarching adherence to the clean label movement.
Increased demand for functional food is expected to propel the growth of the dietary fiber market going forward. Functional foods are frequently chosen because they provide numerous health benefits and are healthy. When dietary fiber is utilized as a supplement to meals, it is regarded as a functional food since it adds a specific function to the food in addition to the typical anticipated function. For instance, according to the Institute of Food Technologists (IFT), a US-based non-profit scientific society, the sales of functional foods and beverages in the United States reached $83 billion in 2021, a 6.8% increase over 2020. Therefore, increased demand for functional food is driving the growth of the dietary fiber market.
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The dietary fibers market covered in this report is segmented –
1) By Product: Soluble dietary fibers, Insoluble dietary fibers
2) By Raw Material: Fruits and Vegetables, Cereals and Grains, Legumes, Nuts and Seeds
3) By Application: Food and Beverage, Pharmaceuticals, Animal Feed, Other Applications
Top 5 Major Players:
An instrumental trend gaining momentum within the dietary fibers market is the proliferation of product innovation, with major industry players strategically prioritizing the development of novel offerings to fortify their market standing. A case in point is DuPont de Nemours Inc., a distinguished US-based chemicals and science-based products enterprise, which, in April 2021, unveiled Lactase Nurica in China. This groundbreaking enzymatic solution facilitates the generation of GalactoOligoSaccharides (GOS) fiber and lactose-free dairy products, catering to consumers’ daily fiber requirements while concurrently enhancing overall gut health and digestibility. Noteworthy features of Nurica encompass high fiber content, reduced sugar levels, and low to negligible lactose, all while upholding uncompromised quality and profitability standards. This manifestation underscores the industry’s commitment to pioneering advancements that align with evolving consumer preferences and industry dynamics.
1. Executive Summary
2. Dietary Fibers Market Characteristics
3. Dietary Fibers Market Trends And Strategies
4. Dietary Fibers Market – Macro Economic Scenario
5. Global Dietary Fibers Market Size and Growth
…..
31. Global Dietary Fibers Market Competitive Benchmarking
32. Global Dietary Fibers Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Dietary Fibers Market
34. Dietary Fibers Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Dietary Fibers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Dietary Fibers Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Dietary Fibers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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