PUBLISHER: Grand View Research | PRODUCT CODE: 1554006
PUBLISHER: Grand View Research | PRODUCT CODE: 1554006
The global fiber supplements market size is expected to reach USD 20.2 billion by 2030, registering a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is being driven by several key factors. Firstly, there is a growing awareness among consumers about the importance of maintaining a healthy diet and lifestyle, which has led to an increased focus on dietary fiber intake. Fiber supplements provide a convenient way for individuals to ensure they are meeting their daily fiber requirements, especially for those with busy lifestyles or dietary restrictions.
Additionally, the rising prevalence of digestive health issues, such as constipation, irritable bowel syndrome, and diverticulitis, has bolstered the demand for fiber supplements. Many consumers are turning to these supplements as a natural and effective means of promoting digestive regularity and overall gut health.
Moreover, the increasing prevalence of chronic diseases, including obesity, diabetes, and cardiovascular conditions, has prompted a growing interest in dietary fiber as a means of managing these conditions. As a result, the demand for fiber supplements has surged, as they are seen as a simple and accessible way to increase fiber intake without major dietary changes.
Furthermore, the aging population and the associated focus on healthy aging have also played a role in propelling the market forward. Older individuals may have specific dietary requirements or difficulty consuming adequate fiber through regular food sources, making fiber supplements an attractive option for meeting their nutritional needs.
Overall, the combination of shifting consumer attitudes toward health and wellness, increasing prevalence of digestive health issues, the management of chronic diseases, and the aging population is fueling the growth of the fiber supplements market. As a result, the market has tremendous potential for expansion and innovation in the coming years.