Global Dietary Fibers Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 12.53% through 2020 to 2026, reaching US$ XX Mn.
Global Dietary Fibers Market
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Global Dietary Fibers Market Overview:
Rising product demand due to the increasing customer awareness regarding the intake of a healthy diet & leading an active lifestyle is anticipated to drive the market development during the forecast period. Rising health awareness owing to increased cases of heart diseases, cancer, & diabetes has caused customers to prefer fiber-based food products with extra health benefits. This is also projected to fuel the market development. As per the report study, over 60 to 70 Mn Americans suffer from distinguished digestive health concerns. The consumption of dietary fibers minimises the risk of rising various health diseases, like diabetes, heart disease, Diverticular disease, & constipation.
Therefore, high demand for foods rich in fiber, prebiotics, & probiotics in the United States will play the main role in motivating the market. Much famous food & beverage brands in the state, like Nestlé, Kellogg Co., NOW Foods, FiberOne, NuGo Nutrition, & Procter & Gamble, are proposing several functional foods and beverages to profit from shifting customer demand & inclination for dietary fiber-based products.
In persons, dietary fibers help in avoiding constipation & keeping the digestive system healthy. Individuals with Irritable Bowel Syndrome are often instructed to include & modify the amount of fiber in their diet. This is also expected to help increase the demand for dietary fiber additions among IBS patients throughout the globe.
Global Dietary Fibers Market Segment Analysis:
Although dietary fibers are superlative known for supporting physiological functions which they perform, they cannot be processed. Since fibers are safe to hydrolysis, they pass through the human body in an unaffected state, & thus, they cannot be used as a source of energy. This in turn becomes a test while including them as an element in food & beverage products.
Merging dietary fibers into food products is of high significance & needs time, in order to attain the chemical constancy of the said product through a range of temperatures. Hence, on account of occupying the complete product volume & not being able to pay for the energy, these fibers show to be a cost-intensive ingredient. Moreover, the financial impact of high costs of dietary fibers, as well as the modification in the technology used to get these fibers, is expected to challenge the total market development.
The cereals and grains sector led the market & accounted for more than 48.35 percent share of the total revenue in the year 2019. Intake of these fibers decreases the risk of cardiovascular diseases, like stroke & coronary heart disease. Moreover, fibers originate in oats, flaxseeds, beans, & oat bran support in decreasing low-density lipoprotein, thereby decreasing the total blood cholesterol levels.
Some of the important soluble fibers obtained from whole grains, with wheat, rye, & barley, are beta-glycan, pentose, arabinoxylans; while insoluble fibers with lignin, cellulose, & hemicellulose is gained from cereals, like rice, maize, & wheat bran. The rising significance of beta-glycan as an immunity booster in the nutraceutical & pharmaceutical industries are expected to drive the dietary fibers market development.
The fruits and vegetable sector is expected to register the highest CAGR from 2020 to 2026. High-fiber food products have a lower energy density & offer fewer calories/ gm of food. Moreover, high-fiber foods are measured as bulky & filling in nature.
APAC led the market in the year 2019 & accounted for over 39 percent share of the total revenue in the year 2019. Countries, like China, Japan, & Indonesia, are expected to be the prominent producers of foods & beverages during the forecast period. Encouraging trends in the food and beverage industry in the APAC is expected to spur the product demand during the forecast period.
Increasing health consciousness among individuals coupled with the growing number of fitness clubs in India is expected to drive the market during the forecast period. Additionally, the Enactment of the National Food Security Act by the Indian government has played a main role in moving dietary patterns. The rise in buying power parity of customers is estimated to boost the demand for healthy & functional foods rich in fiber content.
Trends & opportunities in the Indian fitness market:
In the Indian retail fitness facilities market, there are 6 Mn active consumers in India who are spending on a regular USD 350 to USD 400 yearly towards fitness facilities, amounting to USD 2.6 Bn market size. Mumbai, for instance, has grown from Rs 1,200 crore in sales in the year 2017 to Rs 2,000 crore in the year 2019, reflecting the high development rate India is seeing through all key metros. The market size is expected to hit an enormous USD 6 Bn by 2026.
Demand for flexibility &change
With a huge influx of new gyms & fitness programs in most areas, consumers are now exposed to a slew of new choices as against the 3 to 4 gyms/yoga classes, they had to select from a few years ago. The choice to join, which was earlier based on valuing alone, has now changed to accepting what is trending, estimating the vibe, infrastructure superiority, etc. Huge sets of consumers are also favoring alternative choices such as swimming, outdoor classes, & sports as an occasional change to their fitness habits. A lot of consumers are also choosing to pay-per-use or buy a combined fitness pass to keep their choices flexible & not limit themselves to a specific outlet or workout activity.
Global Dietary Fibers Market Regional Insights:
The market in North America is expected to raise at a maximum CAGR rate of XX% over the period, which can be credited to the increase in the consumption of nutrient-fortified food products. Moreover, current economic growth coupled with a rising urban population in the region has controlled to extensive changes in lifestyle & dietary patterns. The increase in intake of fiber content in daily food & encouraging trend in functional food production is other significant factors motivating the market in North America.
The demand for encouraged foods & beverages, like dairy products, bakery goods, meat products, & snacks, in the United States, Canada, & Mexico is expected to definitely impact the market during the forecast period. The increasing acceptance of Greek yogurt, confectionery items, and health drinks are also expected to augment the market demand development.
The Global Dietary Fibers Market report covers soluble dietary fiber, Insoluble dietary fiber, with detailed analysis Global Dietary Fibers Market with the classifications of the market on theType, Source Application& region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.
Global Dietary Fibers Market report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of Types, labor cost, availability of advanced Type, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in five regions. The major country’s policies about manufacturing &COVID 19 impact on demand side are covered in the Global Dietary Fibers Market report.
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Global Dietary Fibers Market, Key Highlights:
• Global Dietary Fibers Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Dietary Fibers Market
• Global Dietary Fibers Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Dietary Fibers Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Dietary Fibers Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Dietary Fibers Market are also profiled.
Global Dietary Fibers Market Scope: Inquire before buying
Global Dietary Fibers Market2
Global Dietary Fibers Market, by Region
• North America
• Europe
• APAC
• Middle East & Africa
• South America
Global Dietary Fibers Market, Key Players:
• Cargill
• E. I. du Pont de Nemours and Company
• Ingredion Incorporated
• Kerry Group plc
• Tate & Lyle PLC
• Sudzucker AG
• Nexira SAS
• Roquette Freres S.A.
• Grain Processing Corporation
• Lonza Group AG
• BENEO
• ADM
• Emsland Group
• Puris
• The Green Labs LLC
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