Global Dietary Fiber Market (2023 Edition)- Analysis By Source (Fruits & Vegetables, Cereals & Grains, Others), Type (Soluble, Insoluble), By End-use, By Region, By Country: Market Size, Insights, Competition, Covid-19 Impact and Forecast (2023-2028)
Executive SummaryAzoth Analytics has released a research report named “Global Dietary Fiber Market (2023 Edition)” which provides a complete analysis of the global Dietary Fiber industry in terms of market segmentation By Source (Fruits & Vegetables, Cereals & Grains, Other Sources), By Type (Soluble, Insoluble) and By End-use (Food and Beverages, Pharmaceutical, Animal Feed, Other End-Use). The research study also looks at the market growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market's evolution.
During the forecast period, 2023-2028, the global Dietary Fiber market is expected to expand at a CAGR of 10.28%. The main factors that will continue to affect how much dietary fiber is consumed globally are price, health and food safety, and nutrient content.
The Global Dietary Fiber Market is expected to generate USD 11.42 billion by the end of 2028, up from USD 5.86 billion in 2021. Some of the key factors driving demand for dietary fiber globally include rising disposable incomes, urbanization, a preference for leading healthy lifestyles, increased consumer awareness of the severity of digestive disorders, willingness to pay a high price for healthy foods, and market accessibility. Additionally, dietary fiber sales are being positively boosted by enhanced new product development and strong promotional actions by key manufacturers.
Since lifestyle disorders like obesity, diabetes, and others are becoming more prevalent, especially in developed countries, consumers are becoming more health conscious and spending money on high-nutrition goods. Fast-paced consumer lifestyles have caused them to start monitoring nutritional advice, which has led to a shift towards proactive healthcare and lifestyles. The companies in the dietary fiber market are placing stakes on R&D investments and new product releases as customers become more inquisitive eaters and innovative trends emerge quickly. Market companies are paying close attention to value-added offerings as long as healthcare specialists continue to recommend increasing the intake of fiber as a way to improve long-term health. The potential of dietary fibers in products is being systematically investigated by large brand firms as well as small high-tech startups, which may signal new beginnings for market players.
The research is global in nature and covers a detailed analysis of the market in America (U.S., Canada, Brazil, Rest of Americas), Europe (U.K., Germany, France, Rest of Europe), Asia-Pacific (China, India, Japan, Indonesia, Rest of Asia-Pacific), and Middle-east and Africa. Additionally, the research report displays data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities, demand for future forecast, and so on.
The customer should come first, not the product. Companies must ascertain what the client wants and supply them. For the business to expand, it is important to concentrate on one aspect: to the consumers, there is little or no distinction between the foods. In order for people to acquire and sustain healthy eating habits, governments must play a major role in promoting a healthy food environment. Increasing financial rewards for producers and retailers who utilize and sell fresh products. The market may be oversaturated due to the large number of companies and products available. Consumers may find it confusing because there are possibly excessive choices available. In order to communicate effectively with the end user, advertising and education are of the highest importance.
The APAC dietary fiber market has the most diverse distribution. The world and the Asia and Pacific region continue to work towards ending all forms of malnutrition and achieving Zero Hunger, as stipulated in the Sustainable Development Goals (SDGs) 2030 and the World Health Assembly (WHA) Targets 2025. Considerable research, innovation and capacity development will be required to provide the technical and economic basis to successfully pursue these strategies towards capturing an increased share of the emerging countries and dietary fiber market.
This study also provides the competitive landscape of the industry and some of the leading players in the Global Dietary Fiber Market including ADM Company, Sudzucker AG, Kerry Group plc, Ingredion Incorporated, Tereos, International Flavors & Fragrances, Inc., Tate & Lyle plc, SunOpta, Inc., Cargill, Incorporated, Scoular, and others. The company profiles include critical information such as a business overview, products and services, key financials, and recent events and developments. Overall, the report provides a detailed overview of the Global Dietary Fiber Market, which will assist industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new players looking for opportunities, and other stakeholders in aligning their market-centric strategies with current and expected future trends.
Scope of the Report- The report presents the analysis of Global Dietary Fiber Market for the historical period of 2018-2021, the estimated year 2022 and the forecast period of 2023-2028.
- The report analyses the Global Dietary Fiber Market by Value (USD Million).
- The report analyses the Global Dietary Fiber Market by Source (Fruits & Vegetables, Cereals & Grains, Other Sources).
- The report analyses the Global Dietary Fiber Market by Type (Soluble, Insoluble).
- The report analyses the Global Dietary Fiber Market by End-use (Food and Beverages, Pharmaceutical, Animal Feed, Other End-Use).
- The Global Dietary Fiber Market has been analyzed by region and countries including Americas (U.S., Canada, Brazil, Rest of Americas), Europe (U.K., Germany, France, Rest of Europe), Asia-Pacific (China, India, Japan, Indonesia, Rest of Asia-Pacific), and Middle-east and Africa.
- The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis.
- Also, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analyzed in the report include ADM Company, Sudzucker AG, Kerry Group plc, Ingredion Incorporated, Tereos, International Flavors & Fragrances, Inc., Tate & Lyle plc, SunOpta, Inc., Cargill, Incorporated, Scoular.
Key Target Audience- Dietary Fiber Companies
- Flavor and Fragrance Companies
- Consulting and Advisory Firms
- Government and Regulatory Authorities