Home Press Release The Global Dietary Fiber Market is Expanding at an Astounding CAGR of 6.8 %

The Global Dietary Fiber Market is Expanding at an Astounding CAGR of 6.8 %

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.

Market Dynamics

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.

Regional Analysis

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.

Key Highlights

  • The value of The Global Dietary Fiber Market was USD 51.47 billion in 2022 and is projected to reach USD 04 billion by 2031, expanding at a CAGR of 6.8 % from 2023 to 2031
  • The global market for Dietary Fiber is categorized by Raw Material, Product, and Application.
  • Based on Raw Material, the market is segmented into Fruits and Vegetables, Cereals and Grains, Legumes and Nuts and Seeds.
  • Based on Product type, the market is segmented into soluble and insoluble dietary fibers.
  • Based on application, the market is segmented into Food and Beverages, Pharmaceuticals, and others.
  • Based on Geography, the market has been segmented into North America, Europe, Asia Pacific, and LAMEA.

Market Segments

Global Dietary Fiber Market Segmentation

By Raw Material

Fruits & vegetables

  • Apple
  • Banana
  • Pear
  • Grapefruit
  • Raspberry
  • Garlic
  • Okra
  • Carrot
  • Potato
  • Beet

Cereals & grains

  • Soy
  • Oats
  • Wheat
  • Rice
  • Barley

Legumes

  • Beans
  • Corn
  • Peas

Nuts & seeds

  • Almonds
  • Flaxseeds
  • Peanuts
  • Psyllium
  • Sunflowers

By Product

Soluble Dietary Fibers

  • Inulin
  • Pectin
  • Beta-Glucan
  • Corn Fibers
  • Others

Insoluble Dietary Fibers

  • Cellulose
  • Hemicellulose
  • Chitin & Chitosan
  • Lignin
  • Oat Bran
  • Wheat Fiber
  • Others

By Application

Food & Beverages

  • Dairy products
  • Bakery & confectionery products
  • Breakfast cereals
  • Meat products
  • Snacks
  • Beverages

Pharmaceuticals

Animal Feed

Others

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • The U.K.
  • Italy
  • Spain
  • Netherlands
  • Russia
  • The Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Singapore
  • Vietnam

Central and South America and the Caribbean

  • Brazil
  • Argentina
  • Colombia
  • The Rest of Central and South America and the Caribbean

The Middle East

  • Saudi Arabia
  • The UAE
  • Oman
  • Bahrain
  • The Rest of the Middle East

Africa

  • Nigeria
  • South Africa
  • Ghana
  • Tanzania

The Rest of Africa

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