Dietary Fiber Market Size, Share & Trends Analysis Report By Raw Material (Fruits & vegetables, Cereals & grains, Legumes, Nuts & seeds), By Product (Soluble Dietary Fibers, Insoluble Dietary Fibers), By Application (Food & Beverages, Pharmaceuticals, Animal Feed, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Market Overview

The global dietary fiber market size 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. Factors like the pharmaceutical industry's rising demand for dietary fiber and the increasing application of dietary fiber in bakery products drive market growth.

Dietary fibers are carbohydrate polysaccharides that are not entirely broken down by gastrointestinal enzymes when consumed. As a result, they absorb water and ferment, promoting the growth of beneficial bacteria in the colon. Dietary fiber is found in whole grains, fruits, and vegetables. Fiber is made from plant chemicals or inedible components. Dietary fibers can be found in various foods and are mostly derived from plant foods such as fruits, vegetables, and legumes. These fibers aid in waste removal in the body, lower blood sugar and cholesterol levels to reduce the risk of diabetes and heart disease and help you maintain a healthy weight. Dietary fibers can help various businesses, including pharmaceuticals, food and beverage, and animal feed.

Market Dynamics

What are the driving factors for the global dietary fiber market?

The pharmaceutical industry's rising demand for dietary fiber drives market growth. Companies such as Otsuka Pharmaceutical Co., Ltd., Roquette, Pharma Nord B.V., etc., are incorporating dietary fiber into pharmaceutical and nutraceutical products to meet the diverse needs of consumers 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 growth of the dietary fiber market.

Increased consumption of dietary fiber supplements to meet nutritional needs is anticipated to boost the market growth. Such supplements are in high demand due to the aging population, the prevalence of lifestyle-related diseases, and the rising cost of healthcare. All of these factors are shifting consumer preferences toward increasing their consumption of dietary supplements to maintain their health and meet their basic nutritional needs, thereby driving market expansion. In terms of revenue, North America dominated the Global Dietary Fibers Market in 2020 with a 27% share, followed by Europe and Asia-Pacific in that order. As a result of a worldwide increase in the consumption of dietary fiber supplements to meet nutritional needs.

What are the restraints for the global dietary fiber market?

Lack of awareness of the health benefits of dietary fiber in rural areas is anticipated to impede the market's expansion. This is especially true in regions such as North Africa, where access to dietary fiber and its associated health benefits is unevenly distributed. This factor is anticipated to restrain market expansion.

In addition, the market's growth is anticipated to be hindered by stringent regulations imposed by the FDA, such as the upcoming announcement of a change in the definition of dietary fibers, which will result in the recall of market-available products for examination and reassessment.

What are the future opportunities for the global dietary fiber market?

The increasing application of dietary fiber in bakery products is projected to bring new market opportunities shortly. They are a fat replacement product in the bakery industry, stimulating product penetration. Also, its functional properties, such as thickening, efficient water binding, gelling, and stabilizing, will further raise its adoption in baking applications. Hence, the growing adoption of dietary fiber in bakery products is expected to foster market growth.

Growing demand for cereals & grains, a major source of dietary fibers, is expected to bring profitable opportunities soon. Breakfast cereals are gaining significant global growth due to their enhanced nutritional profile. This is also attributed to increasing health-conscious consumers coupled with the growing awareness regarding the adverse health effects of fast foods and over-consumption of calories that lead to various lifestyle disorders.

Regional Analysis

The global market for Dietary Fiber has been segmented based on geography into North America, Europe, Asia Pacific, and LAMEA.

The Asia-Pacific market is expected to experience the highest revenue CAGR of 9.9% between 2023 and 2031. In 2021, Asia-Pacific led the market and accounted for over 39.0% of the global revenue. China, Indonesia, and Japan are anticipated to be the leading food and beverage-producing nations over the next few years. Positive trends in the Asia-Pacific food and beverage industry are anticipated to increase demand for dietary fibers in the coming years.

Due to their exposure to international food products, Chinese consumers now follow global food trends. It has been observed that consumers have an increased preference for healthy products with high nutritional benefits, especially since COVID-19 when nutritional intake has become a priority for many individuals when making food-related decisions, which may contribute to market growth.

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. The new diets and lifestyles adopted by people in the North American region have elevated the importance of consuming dietary fiber.

The widespread availability of cereals and grains such as whole wheat, rye, corn, popcorn, oats, barley, brown rice, wild rice, buckwheat, triticale, bulgur, and millet is anticipated to increase demand for dietary fibers in the United States. In addition, the consumption of fruits and vegetables is anticipated to positively affect the growth of the U.S. dietary fiber market due to rising concerns about obesity, high cholesterol levels, and cancer.

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. Lifestyle changes, a lack of leisure and economic development, and the region's increasing urban population have resulted in significant shifts in dietary and culinary practices. A rise in the consumption of dairy foods containing fiber and a promising trend in developing functional foods are also important market drivers.

Segmental Analysis

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.

Cereals and grains dominated the raw materials market in 2021, accounting for more than 48.0% of the market. These fibers reduce the risk of developing cardiovascular diseases such as coronary artery disease and stroke. Oat, flaxseed, bean, and oat bran fibers also help to lower low-density lipoprotein, which lowers total blood cholesterol.

Soluble fibers such as beta-glucan, pentose, and arabinoxylans are found in whole grains such as wheat, rye, and barley. In contrast, insoluble fibers such as lignin, cellulose, and hemicelluloses are found in cereals such as rice, maize, and wheat bran. The market for dietary fibers is expected to expand due to rising demand for beta-glucan as an immunity booster in the pharmaceutical and nutraceutical industries. Fruits and vegetables high in fiber include purple passion fruit, Metamucil, orange, avocado, and figs, as well as sweet potato and turnip. Growing awareness of the importance of including these fruits and vegetables in one's daily diet is expected to play a significant role in segment growth during the forecast period.

Based on Product type, the market is segmented into soluble and insoluble dietary fibers.

Depending on the product type, the soluble segment is the dominant player and is expected to have the greatest impact on dietary fiber. In water, this fiber degrades to form a gel-like substance. It can help reduce blood sugar and cholesterol levels. Soluble fiber can be found in oats, peas, beans, apples, citrus fruits, carrots, barley, and psyllium. Lowering fat absorption and aiding in weight loss Soluble fiber prevents fats from being digested and absorbed by forming a thick, spread-out gel. Soluble fiber slows the digestion of other nutrients, including carbohydrates, while blocking lipid absorption. Soluble fiber-rich meals may reduce high blood sugar spikes by making them less likely.

Insoluble dietary fibers are expected to grow fastest during the forecast period, owing to the growing popularity of functional foods, rising consumer health consciousness, and changing dietary habits. Furthermore, insoluble dietary fibers found in oats, wheat, maize, potatoes, peas, rice, and legumes help reduce the risk of developing a variety of health conditions such as obesity, hyperglycemia, constipation, high cholesterol, and high blood pressure. Cellulose is used in various food applications, including chicken products, baked goods, and meat products. In this case, cellulose fibers with a high ability to hold water and oil are used to maintain moisture levels in processed meat products. In contrast, cellulose, with a low capacity to absorb water, provides fiber to items such as bread, cakes, and pastries.

Based on application, the market is segmented into Food and Beverages, Pharmaceuticals, and others.

The pharmaceuticals segment is expected to be the largest in the dietary fiber market during the forecast period. When taking medications orally, the absorption and plasma clearance processes, which specific dietary components can influence in the gastrointestinal tract, determine how bioavailable medications are. Knowledge about how food affects medicine absorption has grown in recent years. Because of increased urbanization, more people are leading sedentary lifestyles, increasing the prevalence of obesity and chronic diseases. Soluble fiber-rich foods, such as oatmeal, beans, almonds, apples, and many others, help to control blood sugar levels and appetite by regulating how the body uses sugar. Dietary fiber consumption is increasing to lead a healthy lifestyle, which will drive the market for the product. As a result, the pharmaceutical industry's demand for dietary fibers is increasing.

The application category for food and beverages dominates the market. Consumer trust in the health benefits of dietary fiber is one of the main factors driving up demand for the product. Furthermore, the market is expected to be driven by the rising demand for nutritious and useful food products in the coming years. Breakfast cereals are in high demand in the food industry due to their improved nutritional profile. Customers' growing health concerns about the negative effects of processed and fast food and excessive calorie consumption also contribute to the high demand.

Recent Developments

• In April 2021, In China, DuPont introduced the Nurica enzyme. This enzyme is an innovative and novel enzymatic solution that enables manufacturers to produce GalactoOligoSaccharides naturally.
• In June 2020, BENEO announced the addition of two new organic ingredients to its portfolio of rice starch and chicory root fiber.
• In October 2019, Cargill, Inc. invested $35 million in Europe-based Cargill, Inc. to produce soluble fibers that meet consumer demand for natural and healthier products.
• In September 2019, CP Kelco increased production of Low Methoxyl Aminated (LMA) pectin fiber, which is suitable for drinking yogurts and fruit preparations.