According to a recent survey conducted by ChemView Consulting, the Global Insoluble Dietary Fiber Market grew at a CAGR of 8.7% between 2017-2021 and is estimated to be US$ 2864.9 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 9.0% and is expected to reach a valuation of US$ 6,782.3 Mn by 2032 end.
The market is driven by increasing demand for functional foods due to health awareness. Also, long-term to stimulate government health programs and raise consumer awareness of the benefits of functional foods and their potential to reduce the risk of serious diseases such as cardiovascular disease (CVC), cancer and osteoporosis. Research over the years has further accelerated the growth of the market. New launches with
formulations and improved products are also driving market growth. Thus, Ingredion Incorporated launched his 2017 and 2018 new line of insoluble fibers, “Novelose,” to provide fiber enhancement and calorie reduction in pasta, baked goods, noodles, and extruded products. Reduced impact on product texture, color and flavor. Found in baked goods, meats and savory foods, the crown’s insoluble fiber can absorb up to 12 times its own weight in water, helping to increase the juiciness of meats and adding moisture to baked goods. Helpful.
Geographically, in the North American region, the United States has the largest market share, followed by Canada, due to increased demand and health awareness for insoluble fiber dietary supplements. In Europe, Germany and France both hold large market shares, followed by Asia Pacific, where China and Japan lead the market.
The global insoluble fiber market has been segmented on the basis of sources including fruits & vegetables, cereals & grains, and others. Based on application, the market is segmented into functional foods and beverages, pharmaceuticals, and animal feed. This report further analyzes the global scenario of the market in North America, Europe, Asia Pacific, South America, Middle East and Africa regions.
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A list of some of the key suppliers present in the market are:
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