Dietary Fibers Market Share Growing At a 11.1% CAGR to Hit $21,672.9 Million by 2030 | uPont Nutrition & Biosciences
Dietary Fibers Market
Growth in use of dietary fibers in manufacturing fiber supplements is expected to positively fuel growth of the market.
Rise in demand for fiber supplements and numerous health benefits associated with dietary fibers have boosted the growth of the global dietary fibers market.”
— Allied Market Research
PORTLAND, OR, US, November 21, 2023 /EINPresswire.com/ -- Rise in demand for fiber supplements and numerous health benefits associated with dietary fibers have boosted the growth of the global Dietary Fibers Market. However, unhealthy effects of excess consumption of fiber and variable standards & guidelines across regional regulatory bodies hinder the market growth. On the contrary, rise in applications of dietary fibers in the form of fortified snacks and surge in demand from developing economies are expected to create new opportunities for the market players in the future.
๐๐๐ญ ๐ข๐ง๐ฌ๐ข๐๐ ๐ฌ๐๐จ๐จ๐ฉ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : https://www.alliedmarketresearch.com/request-sample/2514
The global dietary fibers market size is expected to reach $21,672.9 million by 2030 at a CAGR of 11.1% from 2021 to 2030. Growth in use of dietary fibers in various industries such as foods & beverages, pharmaceuticals, animal feed, and cosmetics exponentially propels growth of the dietary fibers market across the globe. Disease preventing properties of dietary fibers is paving way for its increasing use in pharmaceuticals and nutraceuticals. Dietary fibers are also used in animal feed, especially for poultry and pigs as it is beneficial for digestive tract of animals. Therefore, potential uses of dietary fibers is expected to boost utilization of dietary fibers in different industries, which propels growth of the dietary fibers market across the globe.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The prominent dietary fibers industry players include Cargill, DuPont, Ingredion Inc., Kerry Inc., Tate & Lyle, Farbest Brands, J. RETTENMAIER & SรHNE GmbH + Co KG, Taiyo International, AGT Food and Ingredients, and Batory Foods. Key players are investing in the research and development of the dietary fibers and exploring the potential uses and application of the dietary fibers.
On the basis of product, the insoluble dietary fibers segment is expected to register the highest CAGR of 11.9% during the forecast period. However, the soluble dietary fibers segment dominated the market in 2020, contributing to nearly three-fifths of the market.
๐๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/910ec8a50752e691a834180299b37566
As per the dietary fibers market trends, based on raw material, cereals & grains is the dominating segment that garnered 46.5% of the dietary fibers market share in 2020. The legumes segment is anticipated to be the fastest- growing, owing to its increased production and usage for making dietary fibers.
As per dietary fibers market opportunities, on the basis of product, the insoluble dietary fibers segment is expected to be the fastest-growing, owing to the fact that insoluble dietary fibers derived from oats, wheat, corn, potato, peas, rice, and legumes aid in prevention of constipation, excessive cholesterol, and obesity. Hence its demand is growing across the globe.
Region wise, North America was the largest market, owing to increased awareness among consumers, high disposable income, increased demand for functional food, and desire for healthy and active lifestyle among the population.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐ : https://www.alliedmarketresearch.com/purchase-enquiry/2514
Based on raw material, the cereals and grains segment held the lionโs share in 2020, accounting for nearly half of the market. However, the legumes segment is projected to manifest the highest CAGR of 13.0% from 2021 to 2030.
๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ
The dietary fibers market was valued at $7,900.0 million in 2020, and is estimated to reach $21,672.9 million by 2030, growing at a CAGR of 11.1% during the forecast period.
By raw material, the legumes segment is estimated to witness the fastest growth, registering a CAGR of 13.0% during the forecast period.
In 2020, depending on product, the soluble dietary fibers segment was valued at $4,515.2 million, accounting for 57.1% of the global dietary fibers market.
In 2020, the U.S. was the most prominent market in North America, and is projected to reach $1,295.3 million by 2030, growing at a CAGR of 10.9% during the forecast period.
๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ถ๐ป ๐๐ผ๐ผ๐ฑ ๐ฎ๐ป๐ฑ ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐
Soybean Meal Market - https://www.prnewswire.com/news-releases/soybean-meal-market-to-reach-94-2-billion-globally-by-2031-at-4-9-cagr-allied-market-research-301733408.html
Nutraceutical Ingredients Market - https://www.prnewswire.com/news-releases/nutraceutical-ingredients-market-to-garner-327-3-billion-at-a-cagr-of-7-3-by-2031-allied-market-research-301986885.html
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