PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1479944
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1479944
Global Dietary Fiber Market is expected to grow at a CAGR of 11.42% from a market size of US$8.81 billion in 2022 to reach US$18.77 billion in 2029.
According to the Mayo Clinic, dietary fiber, often known as roughage or bulk, refers to plant foods that the body cannot digest or absorb. Fibre, unlike other meal components such as lipids, proteins, and carbs, is not digested by the body. Instead, it passes through the stomach, small intestine, and colon largely intact before exiting the body.
Dietary fibers vary in chemical composition and may be classified broadly based on their solubility, viscosity, and fermentability. They are found in plant-based foods such as legumes, hemp, whole grains, chicory root, cereals, vegetables, fruits, whole grains, nuts, or seeds.
A diet high in fiber consumption is typically connected with improved health and a decreased risk of numerous illnesses and disorders, such as constipation, cardiovascular disease, and obesity. Fiber-rich foods can also help a person maintain a healthy weight and lessen their risk of diabetes and some forms of cancer. Therefore, various health advantages associated with the consumption of dietary fiber are driving the global market growth during the projection period.
A diet rich in fiber is renowned for its ability to alleviate constipation, regulate weight, and lower the risk of diabetes, heart disease, and certain types of cancer. By promoting healthy bowel movements, fiber intake can mitigate gastrointestinal issues and contribute to overall digestive wellness. Moreover, it plays a crucial role in maintaining optimal blood sugar and cholesterol levels, thereby reducing the likelihood of fatal cardiovascular conditions.
Fiber is a fundamental component of a balanced diet, offering a myriad of health benefits such as enhanced metabolism and heart function. Despite these advantages, only a small fraction-approximately 5%-of the U.S. population adheres to the recommended daily fiber intake. Meanwhile, digestive ailments like irritable bowel syndrome, inflammatory bowel disease, and acid reflux are becoming increasingly prevalent.
In response to this trend, there's a growing demand for dietary fiber supplements aimed at alleviating symptoms and promoting better digestive health. These supplements aim to address the deficiency in fiber consumption and support individuals in achieving improved overall well-being.
Demand for plant-based and functional foods
The increasing popularity of plant-based and functional foods is fueling a surge in demand for dietary fiber ingredients. Plant-based foods, comprising fruits, vegetables, legumes, and nuts, inherently contain significant amounts of dietary fiber. Meanwhile, functional foods, which are fortified with extra nutrients, including dietary fiber, are also experiencing heightened demand.
During the analysis period, the global market for dietary fiber faces challenges stemming from complex laws, restrictions, potential side effects, and the high and volatile prices of raw materials. These factors hinder market growth. However, new opportunities are emerging during the forecast period due to continuous product launches by key market players featuring high fiber content.
Despite increasing awareness of the health benefits of dietary fiber, there remains a knowledge gap among some consumers. Misunderstandings about taste, texture, and potential digestive discomfort associated with fiber-rich foods may deter individuals from incorporating more fiber into their diets.
Moreover, fiber-rich ingredients such as certain fruits, vegetables, and whole grains can be more costly than refined grains or processed foods, resulting in higher product costs for consumers. This may limit accessibility to fiber-rich products for some demographics.
Global dietary fiber market segmentation by raw material fruits & vegetables, cereals & grains, legumes, and nuts & seeds
The global dietary fiber market is segmented based on the raw materials used, which include fruits & vegetables, cereals & grains, legumes, and nuts & seeds. Within the fruits & vegetables segment, a diverse array of fiber is derived from various sources such as apples, berries, carrots, broccoli, and leafy greens.
Cereals & grains, on the other hand, offer excellent sources of insoluble fiber, aiding in digestion and promoting gut motility. This category includes wheat, oats, barley, rye, and brown rice.
Legumes, comprising peas, beans, lentils, and chickpeas, stand out as nutrient powerhouses, providing both protein and dietary fiber. Lastly, nuts and seeds like almonds, walnuts, chia seeds, flaxseeds, and pumpkin seeds serve as concentrated sources of dietary fiber in addition to healthy fats and essential minerals.
Asia Pacific is anticipated to hold a significant share of the global dietary fiber market during the forecast period.
Asia Pacific region is anticipated to hold a significant market share in dietary fiber. This region will experience rapid expansion throughout the projection period due to expanding consumer health consciousness, greater urbanization, and rising disposable income. Dietary fiber supplements and products are in high demand in rising markets such as India and China due to the rising prevalence of digestive disorders.
This region's market is expanding due to the presence of a well-established food & beverage industry. It is also expanding due to changing eating habits and rising demand for healthy, natural, and fiber-rich products and drinks. In addition, the prevalence of key market players such as Cargill Incorporated, Archer Daniels Midland Company, Kerry Inc., Ingredion Incorporated, and Tate & Lyle is also spurring the growth of dietary fiber in this region.