As per the analysis by Triton Market Research, Europe’s dietary fibers market is likely to progress with CAGRs of 8.18% and 8.07%, by revenue and volume, respectively, during the forecast period 2023-2030. France, Spain, Germany, Italy, the United Kingdom, and Rest of Europe are analyzed in the market report on this region.
Consumers in France are increasingly focusing on following a more healthy and balanced diet. The rising demand for fortified food products, such as various types of bread, breakfast cereals, and others, is a key factor driving the market growth in the country. Besides, several major market players are promoting a more balanced diet for animals, thereby creating demand for soluble dietary fibers in the form of animal feed. The above-mentioned factors are expected to propel the studied market’s growth in the country over the forecast period.
Realizing the harmful effects of an unhealthy lifestyle and a lack of vital nutrients in the diet, many Germans are seeking healthy dietary options, such as fibers, to meet their daily nutritional requirements. Dietary fiber intake helps lower the risk of health issues like obesity, coronary heart disease, type 2 diabetes, hypertension, and lipometabolic disorders, among others. Thus, its increasing consumption is expected to drive the market growth in Germany during the forecast period. Moreover, the rising use of soluble dietary fibers by various food manufacturers to fortify their products is also anticipated to boost the market growth.
Competitive Outlook
The well-known players thriving in the dietary fibers market include Nexira SAS, The Archer-Daniels-Midland Company (ADM), Cargill Incorporated, Roquette Freres, and Kerry Group Plc.
1. Europe Dietary Fibers Market – Summary
2. Industry Outlook
2.1. Covid-19 Impact On The Dietary Fibers Market
2.2. Porter’s Five Forces Analysis
2.2.1. Threat Of New Entrants
2.2.2. Threat Of Substitutes
2.2.3. Bargaining Power Of Buyers
2.2.4. Bargaining Power Of Suppliers
2.2.5. Threat Of Competitive Rivalry
2.3. Market Maturity Analysis
2.4. Industry Components
2.4.1. Raw Materials
2.4.2. Processing Of Dietary Fibers
2.4.3. Distribution
2.5. Regulatory Framework
2.6. Key Market Strategies
2.6.1. Collaborations
2.6.2. Product Launches
2.6.3. Mergers & Acquisitions
2.6.4. Business Divestitures & Expansions
2.7. Market Drivers
2.7.1. Growing Awareness Regarding Nutrition And Health
2.7.2. Enhanced Preference For Nutraceutical Products
2.7.3. Rising Prevalence Of Chronic Diseases And Digestive Disorders
2.7.4. Increasing Investments In The Nutraceutical Sector
2.8. Market Challenges
2.8.1. Volatile Prices Of Raw Materials
2.8.2. Stringent Regulations By Government Authorities
2.8.3. Harmful Effects Associated With The High Intake Of Dietary Fibers
2.9. Market Opportunities
2.9.1. Growing Popularity Of Fiber Supplements
2.9.2. Multiple Applications Of Soluble Dietary Fibers
2.9.3. Growing Penetration Of Dietary Fibers In The Pharmaceutical Sector
2.9.4. Rising Demand For Cereals And Grains
2.9.5. Numerous Applications Of Dietary Fibers In The Food & Beverage Industry
3. Europe Dietary Fibers Market – By Product
3.1. Soluble Dietary Fibers
3.1.1. Inulin
3.1.2. Pectin
3.1.3. Beta Glucan
3.1.4. Corn Fibers
3.1.5. Other Soluble Dietary Fibers
3.2. Insoluble Dietary Fibers
3.2.1. Cellulose
3.2.2. Hemicellulose
3.2.3. Chitin & Chitosan
3.2.4. Lignin
3.2.5. Oat Bran
3.2.6. Wheat Fibers
3.2.7. Other Insoluble Dietary Fibers
4. Europe Dietary Fibers Market – By Raw Material
4.1. Cereals & Grains
4.2. Fruits & Vegetables
4.3. Nuts & Seeds
4.4. Legumes
5. Europe Dietary Fibers Market – By Application
5.1. Food & Beverages
5.2. Pharmaceuticals
5.3. Animal Feed
5.4. Other Applications
6. Europe Dietary Fibers Market – Country Outlook
6.1. Europe
6.1.1. Market By Product
6.1.1.1. Market By Soluble Fiber
6.1.1.2. Market By Insoluble Fiber
6.1.2. Market By Raw Material
6.1.3. Market By Application
6.1.4. Country Analysis
6.1.4.1. United Kingdom
6.1.4.1.1. United Kingdom Dietary Fibers Market Forecast & Prospects