Global Dietary Fibers Market Forecast 2023-2032

Global Dietary Fibers Market Forecast 2023-2032

KEY FINDINGS

The global dietary fibers market is predicted to grow with a CAGR of 8.62% in terms of revenue and 8.58% in terms of volume over the forecast period, 2023-2032. The increasing digestive disorders and chronic diseases, the rising investments in nutraceuticals, the growing consumer awareness about nutrition & health, etc., are among the major growth drivers.

MARKET INSIGHTS

Dietary fibers contain indigestible carbohydrates. They have applications in varied industries like food & beverage, pharmaceuticals, animal feed, etc. One of the primary growth drivers of the global dietary fibers market is the increasing investments in nutraceuticals. The investments in food & beverage ultimately result in expenditure on R&D and product development. However, with capital expenditure limits, market players may fall short of extensive research regarding the in-depth understanding of the effects of consuming varied food ingredients and supplements. At the same time, in the case of nutraceuticals, growing investments mean a surge in nutraceutical products, mostly accredited to the increasing demand for personalized healthcare. For instance, several established market players are investing in start-ups. Dietary fibers, due to their inherent capabilities, are incorporated into nutraceuticals, thereby contributing to market growth opportunities. However, the market growth is restricted by stringent regulations and volatile raw material prices.

REGIONAL INSIGHTS

The global dietary fibers market’s geographical assessment includes the analysis of North America, Europe, Asia-Pacific, and Rest of World. North America is the fastest-growing region in the global market in terms of revenue and volume during the forecast period, majorly attributed to the increasing health consciousness.

COMPETITIVE INSIGHTS

The competitive rivalry of the market is attributed to the wide presence of small-scale and large-scale manufacturers across different countries globally. Some of the leading companies in the market include Emsland Group, Cargill Incorporated, BENEO GmbH, Batory Foods, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments