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Dietary Fibers Market worth USD 12.30 Billion by 2028

Dietary Fibers Market size is projected to reach USD 12.30 Billion by 2028 from an estimated USD 5.74 Billion in 2021, growing at a CAGR of 11.5%.

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Dietary Fibers Market Overview

Dietary FibersDietary fiber is a group of compounds in plants that cannot be fully digested in human or animal gut. Fiber rich products such as fruits, vegetables, whole grains, and waste products have been consistently shown to benefits for the health and overcome then various risk of diseases. In addition, fibers help to the waste movement inside the body, reduce the risk of diabetes and heart diseases by lowering blood sugar levels and cholesterol, and also helps to maintain body weight. Furthermore, dietary fibers control the body’s use of sugars and help to keep a check on hunger and blood sugar.  For instance, according to the USDA, need of daily intakes of dietary fiber in the United States are less than 18 grams for men and 14 grams for women only about half of the recommended amount.

There are two types of dietary fibre: soluble and insoluble. Soluble fibres are abundant in fruits, legumes, and oats. LDL (bad) cholesterol can be reduced by soluble fibres, and they may also help control blood sugar. Furthermore, insoluble fibers—those that are present in cereals, vegetables, and fruits—have been connected to health advantages like appetite control, a decreased risk of developing type 2 diabetes, and the prevention of constipation. These developments have fueled the growth of the dietary fibre market over the course of the forecast period.

COVID-19 Impact Analysis of Dietary Fibers Market

COVID-19 has affected consumer purchasing across a number of industries as the world economy deteriorates. Due to regulatory restrictions on actions that have a detrimental influence on the sector, the widespread effects of the worldwide pandemic are having an effect on the market for dietary fibres. In the anticipated time frame, market growth is anticipated due to rising health awareness of pandemics.

Opportunities:

Thermal, chemical, and mechanical processes can modify the physiochemical characteristics of fibres to improve their usability, which offers the dietary fibres market significant growth prospects.

Players Covered in Dietary Fibers market are:

  • DuPont
  • Grain Processing Corporation
  • Grain Millers Inc.
  • Fuji Nihon Seito Corporation
  • Archer Daniel Midland (ADM)
  • Tereos
  • CJ CheilJedang Corp.
  • Nova green Inc.
  • Mengzhou Tailijie Co. Ltd.
  • Baolinggbao Biology Co. Ltd
  • Cargill Incorporated
  • B&D Nutritional Ingredients Inc.
  • Tate & Lyle
  • KFSU Ltd. Australia
  • Ingredients Corporation
Global Dietary Fibers Market
Base Year: 2021 Forecast Period: 2022-2028
Historical Data: 2016 to 2020 Market Size in 2021: USD 5.74 Bn.
Forecast Period 2022-28 CAGR: 11.5% Market Size in 2028: USD 12.30 Bn.
Segments Covered: By Type
  • Soluble
  • Insoluble
By Source
  • Cereals & Grains
  • Fruits & Vegetables
  • Others
By Application
  • Functional Food & Beverages
  • Pharmaceuticals
  • Other Applications
By Region
  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)
Key Market Drivers:
  • Increased Urge for Foods Such as Rich in Fiber, Prebiotics, And Probiotics
Key Market Restraints:
  • Technical Difficulties Regarding Reactivity and Stability of The Product
Key Opportunities:
  • Augmenting Consumption of Sports Nutrition & Nutraceutical Products
Companies Covered in the report:
  • Archer Daniels Midland Company, Cargill, Inc., DowDuPont, Inc., Grain Processing Corporation, Ingredion, Inc., and other major players.

Key Industry Developments

In July 2020, Herbalife Nutrition, declared a new product which is Active Fiber Complex Select for digestive health in the region of U.S., Puerto Rico and Canada. The new product helps to aid for digestion in adults with an ideal balance of soluble and insoluble dietary fiber.

In June 2020, Nature’s Way, a dietary supplement provider, has declared to launch of their new product which is Alive Teen Gummy Multivitamins. The new product is beneficial for teen agers to build foundation for heathier lives in changing and fast paced life style across the globe.


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