PUBLISHER: SkyQuest | PRODUCT CODE: 1614918
PUBLISHER: SkyQuest | PRODUCT CODE: 1614918
Global Dietary Fibers Market size was valued at USD 6.73 billion in 2022 and is poised to grow from USD 7.35 billion in 2023 to USD 16.23 billion by 2031, growing at a CAGR of 9.2% in the forecast period (2024-2031).
Recent studies highlight the significant benefits of dietary fiber on heart health, showing its ability to lower blood pressure and reduce the risk of cardiovascular disease. Those consuming high-fiber diets experience dramatically decreased cardiovascular disease risk and lower mortality rates linked to these conditions. Fiber contributes to heart health by effectively reducing total and LDL cholesterol levels-key risk factors for heart-related issues. The market for dietary fiber is poised for growth driven by increasing consumer interest in natural food ingredients, heightened health awareness, and technological advancements in production. Moreover, the rising popularity of plant-based diets is expected to further enhance demand for dietary fiber in the food and beverage sector, particularly in regions including China, the U.K., Italy, and the U.S.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Dietary Fibers market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Dietary Fibers Market Segmental Analysis
Global Dietary Fibers Market is segmented by Raw Material, Type, Application and region. Based on Raw Material, the market is segmented into Fruits & Vegetables, Cereals & Grains, Nuts & Seeds, Legumes. Based on Type, the market is segmented into Insoluble (Cellulose, Hemicelluloses, Chitin & Chitosan, Lignin, Oat Bran, Wheat Fiber, Others), Soluble (Inulin, Pectin, Beta-Glucan, Corn Fibers, Others). Based on Application, the market is segmented into Food & Beverages, Pharmaceuticals, Animal Feed, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Dietary Fibers Market
The Global Dietary Fibers market is significantly driven by an increase in consumer awareness and demand for functional foods rich in dietary fiber. As consumers become more knowledgeable about health benefits, plant-based dietary supplements are gaining popularity over other nutritional options, leading many to incorporate dietary fiber into their daily diets. This shift is further fueled by rising demand across all age demographics and increasing disposable incomes globally. As people focus more on their dietary choices and overall quality of life, the market for dietary fibers is poised for substantial growth, especially with the rising interest in fortified foods from emerging markets.
Restraints in the Global Dietary Fibers Market
The Global Dietary Fibers market faces significant restraints primarily due to the growing prevalence of gluten intolerance among consumers. Foods rich in dietary fibers, such as legumes and whole grains-including cereals, wheat bran, and brown rice-are often off-limits for individuals with gluten sensitivities. As a result, the demand for dietary fibers is expected to be constrained as more people avoid gluten-containing products. Additionally, various conditions associated with gluten consumption, such as celiac disease, infertility, and neurological disorders, further impede market growth. The rising trend of gluten-free diets is likely to pose further challenges to the expansion of the dietary fibers market.
Market Trends of the Global Dietary Fibers Market
The global dietary fibers market is witnessing a significant upward trend driven by the increasing consumer demand for health-enhancing food products. There is a growing emphasis on incorporating dietary fibers into a wide array of meat products to bolster their nutritional value and improve physiological functions. Traditional sources such as cereals, vegetables, and fruits, alongside innovative non-conventional sources like fungi and animal processing by-products, are being utilized in diverse formulations to enhance both quality and quantity. This trend highlights a shift towards healthier meat alternatives with lower fat content, improved moisture retention, emulsification, and sensory qualities, ultimately catering to the evolving health-conscious consumer base.