04 May, 2023
The Global Dietary Fiber Market was valued at USD 51.47 billion in 2022 and is projected to reach USD 93.04 billion by 2031, with a CAGR of 6.8 % during the forecast period 2023–2031.
Dietary fibers are carbohydrate polysaccharides that are not entirely broken down by digestive enzymes. Therefore, they absorb water and ferment, promoting the growth of healthy bacteria in the colon. Whole grains, fruits, and vegetables all contain dietary fiber. Fiber is derived from plant chemicals or indigestible plant parts. Various foods contain dietary fibers primarily derived from plant foods such as fruits, vegetables, and legumes. These fibers aid in the elimination of waste from the body, reduce blood sugar and cholesterol levels to reduce the risk of diabetes and cardiovascular disease and help you maintain a healthy weight. Various industries, including pharmaceuticals, food and beverage, and animal feed, can benefit from dietary fibers.
Increased Demand for Dietary Fibers From the Pharmaceutical Industry is Driving the Market
The market is growing due to the pharmaceutical industry's increasing demand for dietary fiber. Companies such as Otsuka Pharmaceutical Co., Ltd., Roquette, Pharma Nord B.V., etc., incorporate dietary fiber into pharmaceutical and nutraceutical products to meet consumers' varied needs and address rising health and wellness concerns. Thus, it is anticipated that the rising demand for dietary fiber from the pharmaceutical industry will stimulate the expansion of the market for dietary fiber.
Introduction of Dietary Fiber into Bakery Products is Creating New Growth Opportunities for the Market
The growing incorporation of dietary fiber into bakery food products is anticipated to bring about new market opportunities in the not-too-distant future. In the bakery industry, they serve as a fat replacement product, which helps to stimulate the product penetration. In addition, its functional properties, which include the ability to thicken, bind water efficiently, gel, and stabilize, will further increase its adoption in baking applications. As a result, the increasing incorporation of dietary fiber into bakery food products is anticipated to drive the expansion of the market.
Based on geography, Global Dietary Fiber Market has been segmented into North America, Europe, Asia Pacific, and LAMEA.
The Asia-Pacific market is anticipated to have the highest revenue CAGR between 2023 and 2031, at 9.9%. Asia-Pacific led the market in 2021 and accounted for more than 39.0% of global revenue. In the coming years, China, Indonesia, and Japan are anticipated to be the leading producers of food and beverages. In the coming years, positive trends in the Asia-Pacific food and beverage industry are projected to increase demand for dietary fibers.
The market for dietary fibers in North America is anticipated to grow at a CAGR of 9.0% between 2022 and 2030. In 2021, North America was the largest market for health and immunity-boosting products. Nutritional care has undergone a significant transformation in the region as consumers have become increasingly aware of the ingredients in packaged foods.
Italy has the highest growth rate in Europe due to the increasing number of health-conscious consumers eager to use dietary supplement products. Due to an increase in the consumption of nutrient-fortified foods, the Italian market is projected to generate $175 million in sales by the end of 2032.
Fruits & vegetables
Cereals & grains
Legumes
Nuts & seeds
Soluble Dietary Fibers
Insoluble Dietary Fibers
Food & Beverages
Pharmaceuticals
Animal Feed
Others
North America
Europe
Asia-Pacific
Central and South America and the Caribbean
The Middle East
Africa
The Rest of Africa