Global Dietary Fiber Market - Growth, Trends and Forecast (2020 - 2025)

Global dietary fiber market is projected to grow at a CAGR of 13.23% during the forecast period.

With the improved standard of living the related health issues are also increasing. This is mainly due to the imbalanced diet, the major diseases are diabetes, cardiocerebrovascular disease, obesity, intestinal cancer, constipation etc.

This scenario has boosted the demand for functional foods which includes dietary fibers. The various health benefits of dietary fibers are the major driver of the market.

Dietary fibers have various emerging application in the food and beverage industry which has various benefits on the consumer.

The various regulations by the regulatory bodies is a factor restricting the growth of the market.

Key Market Trends

Increased Demand Bakery and Confectionery Segment

Increased consumer awareness about health has triggered interest in adding functional ingredients, such as dietary fiber, in popular foods like bread. Dietary fibers in bakery products are supposed to regulate and support intestinal flora and ease the digestion process. Most commonly, dietary fibers are incorporated into bakery products to prolong freshness, thanks to their capacity to retain water, thereby reducing economic losses. Fibers can modify bread loaf volume, its springiness, the softness of the breadcrumb and the firmness of the loaf. With the technological advancements, it is much easier to keep bakery products fresh for a longer period. Thus, it has become easier to replace fats and other additives used in baking with healthy dietary fibers without compromising on the quality and taste.

Europe Is The Fastest Growing Market For Dietary Fibers

The various health benefits of the dietary fibers is the major factor driving the market in Europe. The market is also driven by the increased population suffering from heart diseases, type 2 diabetes, and obesity. Diets high in insoluble fiber help prevent two kinds of intestinal diseases, diverticulosis and hemorrhoids. The major applications of dietary fibers in the region are fortified/functional foods, beverages, dairy, bakery and confectionery. The increased consumption of soluble fiber grains such as oats, bread, and bakery products in Europe has increased the soluble dietary fiber market. In Europe, countries such as Germany and France, holds the largest market share, followed by the United Kingdom, Spain and Italy.

Competitive Landscape

The Global Dietary Fiber market is highly concentrated and competitive market. Major players acquire the maximum share of the market. The major players has their presence in all the major regions. The major players are based on North America and Europe. Cargill Inc., Archer Daniels Midland Company, Novartis, Procter & Gamble, and GlaxoSmithKline are the major shareholding companies in this market.

Reasons to Purchase this report:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

This product will be delivered within 2 business days.