Dietary Fibers - Market Insights, Competitive Landscape, and Market Forecast - 2030

Dietary Fibers Market By Source (Fruits & Vegetables, Cereals & Grains, Nuts & Seeds), By Product Type (Soluble Dietary Fibers, Insoluble Dietary Fibers) By Application (Food & Beverages, Pharmaceuticals, Animal Feed, Others), and by geography is expected to advance at a respectable cagr forecast till 2030 owing to rise in the prevalence of diabetes and obesity globally, growing use of dietary fibers in nutraceuticals and fortified foods, and the growing advancements in delivering quality and substance-free dietary fibers across the globe.

The global dietary fibers market was valued at USD 5,735.36 million in 2022 and is likely to register a CAGR of 8.73% during the forecast period from 2024 to 2030 to reach USD 9,463.88 million by 2030. The Dietary Fibers market is observing optimistic market growth owing to an increase in the prevalence of diabetes and obesity worldwide, its rising use in weight loss management, the growing use of dietary fibers in nutraceuticals and fortified foods, increasing consumer awareness of having a fiber-rich diet, and the growing advancements in delivering quality and substance-free dietary fibers across the globe is further expected to result in the appreciable revenue growth of the Dietary Fibres market during the forecast period (2024-2030).

Dietary Fibers Market Dynamics:

One of the main factors for the growth of the dietary fiber market is the increasing prevalence of people suffering from diabetes and obesity. As per the International Diabetes Foundation (2023) data, approximately 537 million adults (20-79 years) were living with diabetes worldwide. The source further stated that the total number of people living with diabetes globally is projected to rise to 643 million by 2030 and 783 million by 2045. Moreover, according to the World Obesity Federation (2023) data, it is predicted that one billion people around the world, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030.

Issues like diabetes and obesity arise owing to the presence of high blood sugar and fat levels in the body. Owing to the high fat and blood sugar levels, doctors and health experts recommend dietary fibers in their natural forms or as supplements for weight management and proper digestion of the ingested food. Dietary fibers decrease the chances of constipation and enhance the absorption of nutrients in the body. Along with this, dietary fibers also help in the regulation of blood sugar levels in the body, which leads to body complications such as obesity and diabetes and is expected to increase the demand for dietary fibers during the forecast period.

In addition to the rise in the prevalence of diabetes and obesity, new dietary fiber products are being launched by key market players, which is also driving the demand for dietary fibers. For instance, in November 2022, Taiyo launched SUNFIBER, which is suitable as a prebiotic dietary fiber enrichment for baby food, and pet food and has applications in fortified gummies and bakery products. Sunfiber is a soluble prebiotic dietary fiber produced from the guar bean, promoting the activity and multiplication of beneficial probiotics in the gastrointestinal tract.

Therefore, the interplay of the key factors stated above will drive the overall dietary fibers market during the forecast period from 2024-2030.

However, certain side effects associated with the intake of dietary fibers, and an increase in the number of people sensitive to gluten, among others may act as restraints for the dietary fiber market growth.

The dietary fiber market was mildly impacted during the COVID-19 pandemic owing to the imposition of strict lockdowns to avoid the risk of the spread of the disease among the general public. This led to the closure of large-scale selling of fruits and vegetables, which are the main source of raw materials for the manufacturing of dietary fibers. Though fruits and vegetables were supplied on a small scale, dietary fibers were still in demand through online portals for diabetes and weight management purposes. Furthermore, as the online portals were functional in some places, some regions observed no delivery, due to which sales through online websites were also not possible. However, with the masses being vaccinated, resumption of activities in the food and healthcare sector along with the opening of lockdowns, the overall market for dietary fibers has returned to normalcy and has been taking great strides which have initiated the process of resumption of regular healthcare services such as regular out-patient visits for treatment and diagnosis in hospitals, clinics, and laboratories, thereby bringing the demand for products on track in the dietary fibers market.

Dietary Fibers Market Segment Analysis:

Dietary Fibers Market by Source (Fruits & Vegetables, Cereals & Grains, Nuts & Seeds), Product Type (Soluble Dietary Fibers, Insoluble Dietary Fibers), Application (Food & Beverages, Pharmaceuticals, Animal Feed, Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).

In the source segment of the dietary fibers market, the fruits & vegetable segment is expected to have a significant revenue share in the year 2023. This is primarily due to the easy availability and high fiber content of fruits and vegetables for the manufacturing of dietary fibers. Fruits and vegetables have an abundance of dietary fiber content, which makes them one of the most suitable options for the extraction of fibers. Fruits that are easily available such as apples, strawberries, bananas, oranges, and others, easily have 3-4 grams of fiber per serving. In the same way, vegetables that are dark in color are said to have high fiber content, for example, beetroots, broccoli, and carrots, among others.

Thus, considering the growing demand for dietary fibers sourced from fruits and vegetables, various new products are being launched in the market by key players. For example, in July 2022, Ingredion two new dietary fiber products based on fruits; Fibertex CF 502 and Fibertex CF 102. Fibertex CF 502 and Fibertex CF 102 are the first in a range of citrus-based dietary fiber texturizing capabilities to support the growing nutrition, health, and wellness trend, as well as the accelerated demand for clean and substance-free product labels.

Therefore, owing to the various advantages associated with dietary fibers sourced from fruits and vegetables along with the increasing product development activities in the market, this category is expected to witness considerable growth eventually contributing to the overall growth of the global Dietary Fibers market during the forecast period.

North America is expected to dominate the overall Dietary Fibers Market:

Among all the regions, North America is expected to dominate the global Dietary Fibers market in the year 2023 and is expected to do the same during the forecast period from 2024-2030. This can be ascribed to the rising cases of obesity, the growing prevalence of indigestion among the population, and others; the growing innovation and recognition by government bodies towards dietary fibers will increase the demand in the North America Dietary Fibers market during the given forecast period.

As per data provided by the National Health and Nutrition Examination Survey (NHANES) (2023), the prevalence of obesity in 2020 was 41.9% in the US. The source further stated that the rates of severe obesity in the US rose from 4.7% in 2017 to 9.2% in 2020. To manage obesity, proper digestion of food and an efficient weight loss regime, dietary fiber through natural sources or extracted supplements are the most commonly recommended foods for their management prescribed by physicians, owing to their strong absorption of nutrients and their important role in maintaining blood sugar levels.

In December 2022, The U.S. Food and Drug Administration (FDA) announced its recognition of acacia (gum Arabic) as a dietary fiber, as it fulfilled the definition of a dietary fiber as specified by the FDA. FDA stated that acacia could help reduce blood glucose and insulin levels after being eaten with a meal containing carbs known to raise blood glucose levels, making acacia one of 18 types of non-digestible fibers. Such quick recognitions and approvals by the FDA upon filing petitions reflect the significance that dietary fibers have in the lifestyle of people in the US.

Thus, the interplay of all the above-mentioned factors will further drive the demand for Dietary Fibers in North America, thus showing a positive outlook for the North America Dietary Fibers market during the forecast period.

Dietary Fibers Market Key Players:

Some of the key market players operating in the Dietary Fibers Market include Cargill, Incorporated, DuPont de Nemours, Inc., Ingredion, Kerry Group plc., Tate and Lyle, Farbest Brands, RETTENMAIER & SOHNE GmbH + Co KG, Taiyo International, AGT Food and Ingredients, Batory Foods, Beneo, ADM, Roquette Freres, The Green Labs LLC., Nexira, Nutri-Pea, Tereos, Herbafoods Ingredients GmbH, A & B Company, Baolingbao Biological Co., Ltd, and others.

Recent Developmental Activities in the Dietary Fibers Market:

In October 2022, Brightseed, the bioactive discovery company, launched BRIGHTSEED BIO 01(TM), a novel dietary hemp fiber to support gut health formulated for use in food and beverages and is the only dietary fiber in the market that contains two bioactive compounds that have shown the ability to support gut barrier integrity in preclinical studies.

In November 2022, Kerry, the world's leading taste and nutrition company launched EMULGOLD(TM) Fibre, a naturally sourced, soluble dietary fiber ingredient, for the white bread manufacturing market, providing it a 300% increase in fiber per serving versus non-fortified white bread.

In September 2022, Hamlet Protein announced the launch of HP FIBERBOOST©, a pure fiber product containing functional fibers produced specifically for dietetic use in piglets. The product completes Hamlet Protein's fiber range and offers producers an additional option when formulating diets without Zinc Oxide.

Key Takeaways from the Dietary Fibers Market Report Study

• Market size analysis for current Dietary Fibers Market size (2023), and market forecast for 5 years (2024-2030)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Dietary Fibers market.
• Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
• Key companies dominating the global Dietary Fibers market.
• Various opportunities available for the other competitor in the Dietary Fibers Market space.
• What are the top-performing segments in 2023? How these segments will perform in 2030.
• Which are the top-performing regions and countries in the current Dietary Fibers Market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for Dietary Fibers Market growth in the coming future?

Target Audience who can be benefited from this Dietary Fibers Market Report Study

• Dietary Fibers products providers
• Research and development organizations
• Dietary Fibers-related organizations, associations, forums, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and Traders dealing in Dietary Fibers
• Various end users who want to know more about the Dietary Fibers Market and the latest innovations in the Dietary Fibers market.

Frequently Asked Questions for the Dietary Fibers Market:

1. What are Dietary Fibers?

The portion of food derived from plants that can't be completely broken down by digestive enzymes in humans is known as dietary fiber or roughage. The solubility, viscosity, and ferment ability of dietary fibers can be used to determine how they are processed by the body.

2. What is the global market for Dietary Fiber?

The global dietary fibers market was valued at USD 5,735.36 million in 2022 and is likely to register a CAGR of 8.73% during the forecast period from 2024 to 2030 to reach USD 9,463.88 million by 2030.

3. What are the drivers for the global Dietary Fibers market?

The Dietary Fibers market is witnessing positive market growth due to an increase in the prevalence of diabetes and obesity worldwide, its rising use in weight loss management, the growing use of dietary fibers in nutraceutical and fortified foods, increasing consumer awareness of having a fiber-rich diet, and the growing advancements in delivering quality and substance-free dietary fibers across the globe is further expected to result in the appreciable revenue growth of the dietary fibers market during the forecast period (2024-2030).

4. Who are the key players operating in the global Dietary Fibers market?

Some of the key market players operating in the Dietary Fibers Market include Cargill, Incorporated, DuPont de Nemours, Inc., Ingredion, Kerry Group plc., Tate and Lyle, Farbest Brands, RETTENMAIER & SOHNE GmbH + Co KG, Taiyo International, AGT Food and Ingredients, Batory Foods, Beneo, ADM, Roquette Freres, The Green Labs LLC., Nexira, Nutri-Pea, Tereos, Herbafoods Ingredients GmbH, A & B Company, Baolingbao Biological Co., Ltd, and others.

5. Which region has the highest share in the Dietary Fibers market?

Among all the regions, North America is estimated to amass a significant revenue share in the global Dietary Fibers market. This can be ascribed to the rising cases of obesity, the growing prevalence of indigestion among the population, and others; the growing innovation and recognition by government bodies towards dietary fibers will increase their demand in the North America Dietary Fibers market during the given forecast period.