As per the report published by Allied Market Research, the global Dietary Fibers Market was pegged at $7.90 billion in 2020, and is expected to reach $21.67 billion by 2030, growing at a CAGR of 11.1% from 2021 to 2030. 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.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/2514
Dietary fibers are the portion of plant food that includes non-starch polysaccharides such as inulin, pectin, beta-glucan, lignin, cellulose, and hemicellulose. It cannot be digested by human digestive system. Cereals, grains, vegetables, fruits, and legumes are rich source of dietary fiber. Dietary fiber helps in smooth bowel movement. There are numerous health benefits associated with consumption of dietary fibers that plays as an important factor in driving the global dietary fibers market growth.
Regional Outlook
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.
As per dietary fibers market forecast, on the basis of application, the food & beverages segment dominated the market and garnered a market share of 45.6%, owing to its increased usage in production of functional food and increased awareness regarding consumption of dietary fibers among the population.
Top Key Companies Involved:
Cargill, DuPont
Ingredion Inc.
Kerry Inc.
Tate & Lyle
Farbest Brands
J. RETTENMAIER & SÖHNE GmbH + Co KG
Taiyo International
AGT Food and Ingredients, and Batory Foods.
Procure Complete Report (295 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/7319984d2ca307bba3bbc1fa7547dfe8
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.
Key findings of the study
- 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.
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/2514
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.
Check out more related studies published by AMR Research:
Soybean Meal Market – https://www.alliedmarketresearch.com/soybean-meal-market
Nutraceutical Ingredients Market – https://www.alliedmarketresearch.com/nutraceutical-ingredients-market
Grass fed Protein Market – https://www.alliedmarketresearch.com/grass-fed-protein-market-A16599
Gluten free snacks market – https://www.alliedmarketresearch.com/gluten-free-snacks-market-A16881
Sugar free cookies market – https://www.alliedmarketresearch.com/sugar-free-cookies-market-A16895
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com