Dietary Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Dietary Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global dietary fiber market size reached US$ 8.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028.

Dietary fibers, or roughage, are indigestible complex carbohydrates that are present in various food products, such as fruits, vegetables, nuts, lentils and grains. There are primarily two kinds of dietary fibers, soluble and non-soluble, which aid in maintaining the proper functioning of the digestive system. The soluble fibers give a feeling of satiety, facilitate weight loss and control cholesterol and blood sugar levels in the body. On the other hand, insoluble fibers absorb water to normalize bowel movements and ensure the proper functioning of the stomach and intestines. They also aid in preventing duodenal ulcers, Irritable Bowel Syndrome (IBS), hemorrhoids and constipation.

The increasing consumer inclination towards proactive healthcare and maintaining a healthy lifestyle is one of the key factors driving the market growth. Furthermore, the growing prevalence of chronic lifestyle disorders, such as cardiovascular diseases (CVDs), hypertension, diabetes and gastrointestinal disorders, is also providing a boost to the market growth. Consumers are becoming aware of the benefits of incorporating fibers in their daily diets through foods, beverages, nutritional supplements and pharmaceuticals. This is also leading to the growing adoption of fiber-rich vegetarian and vegan foods as an alternative to meat and meat-based products across the globe. Additionally, extensive research and development (R&D) activities are being conducted to use waste products, such as peanut skins and hulls, as raw materials to enhance the overall efficiency of dietary fibers. Other factors, including the availability of a wide variety of fortified food products and rising consumer expenditure on food and nutrition, are projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global dietary fiber market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, source and application.

Breakup by Type:

Soluble Dietary Fiber
Inulin
Pectin
Polydextrose
Beta-glucan
Others
Insoluble Dietary Fiber
Cellulose
Hemicellulose
Chitin & Chitosan
Lignin
Fiber/Bran
Resistant Starch
Others

Based on the type, Soluble Dietary Fiber currently account for the highest market share.

Breakup by Source:

Fruits and Vegetables
Cereals and Grains
Legumes
Nuts and Seeds

Based on the source, cereals and grains represent the leading category.

Breakup by Application:

Functional Foods and Beverages
Pharmaceuticals
Animal Feed
Others

Based on the application, functional foods and beverages currently account for the highest market share.

Breakup by Region:

Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
North America
United States
Canada
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others

On the geographical front, Asia Pacific currently represents the biggest market for Dietary Fibers globally.

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Archer Daniels Midland Company, Cargill, Incorporated, DuPont Nutrition Bioscience Aps, FutureCeuticals, Grain Processing Corporation, Ingredion Incorporated, Kerry Group plc, Lonza Group Ltd., Nexira, Roquette Frères, Südzucker AG, and Tate & Lyle PLC.

IMARC Group’s latest report provides a deep insight into the global dietary fiber market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the dietary fiber industry in any manner.

Key Questions Answered in This Report:
How has the global dietary fiber market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global dietary fiber market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the source?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global dietary fiber market and who are the key players?
What is the degree of competition in the market?