Press Release

Rising Nutritive Awareness to Drive the Global Dietary Fibers Market

The global dietary fibers market is anticipated to develop at CAGRs of 8.77% (by revenue) and 8.73% (by volume) in the forecast years from 2023 to 2030.

Triton Market Research presents the ‘Global Dietary Fibers Market’ report sectioned by Product (Soluble Dietary Fibers {Beta Glucan, Corn Fibers, Inulin, Pectin, Other Soluble Dietary Fibers}, Insoluble Dietary Fibers {Cellulose, Hemicellulose, Lignin, Chitin & Chitosan, Oat Bran, Wheat Fibers, Other Insoluble Dietary Fibers}), by Raw Material (Cereals & Grains, Nuts & Seeds, Fruits & Vegetables, Legumes), by Application (Pharmaceuticals, Food & Beverages, Animal Feed, Other Applications), and by Regional Outlook (Middle East and Africa, North America, Europe, Asia-Pacific, Latin America).

The report further discusses the Market Summary, Industry Outlook (Impact of COVID-19, Market Maturity Analysis, Porter’s Five Forces Analysis, Industry Components, Regulatory Framework, Key Market Strategies, Key Buying Impact Analysis, Drivers, Challenges, Opportunities, Analyst Perspective), Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2023-2030).

As per the report by Triton Market Research, the global dietary fibers market is anticipated to develop at CAGRs of 8.77% (by revenue) and 8.73% (by volume) in the forecast years from 2023 to 2030.

Dietary fiber is an important component of plant-based foods with various health benefits. One of the key aspects behind the growth of the global dietary fibers market is the growing awareness among consumers regarding nutrition and health. This trend has intensified after the pandemic, as consumers have become even more focused on their well-being. Additionally, as disposable income continues to rise worldwide, healthcare expenditures are also increasing, further supporting the dietary fibers market’s growth.

However, too much fiber too quickly can negatively affect overall health and well-being. Excessive fiber intake can cause bloating, gas, and constipation, as the fiber binds to water in the gastrointestinal tract and creates a large bulk that can be difficult to pass. When there is not enough water to support this process, it can lead to hard, bulky stools and digestive problems. Thus, consuming high quantities of dietary fibers can harm consumers’ health and hinder the market’s growth.

The North American region is expected to witness the fastest growth in the global market over the forecasted period, largely due to the increasing awareness of the importance of a healthy diet. As consumers in the region have become more health-conscious, the demand for functional foods has also risen. This, coupled with the increasing awareness of the health benefits of dietary fibers and their application across a range of industries, supports the North America market’s growth.

A few notable companies functioning in the dietary fibers market are Beneo GmbH, Tate & Lyle Plc, Batory Foods Inc, Nexira SAS, The Archer-Daniels-Midland Company (ADM), Lonza Group AG, Ingredion Incorporated, Roquette Freres, Cargill Incorporated, and Kerry Group Plc. 

The presence of a number of manufacturers is likely to increase the entry barriers for aspiring players. However, strategic collaborations and a growing focus on innovation are likely to facilitate their entry. Furthermore, the rising investments in R&D activities for enhancing products’ functionality are likely to provide new opportunities for overall market growth.

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