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The carbohydrate component of food that is not digested in the small intestine of humans is often referred to as dietary fiber. It enters the large intestine where it undergoes partial or complete fermentation. These qualities of dietary fiber are linked to its many, well-established health advantages. Grain products, fruits, vegetables, legumes like beans and peas, and others are sources of dietary fiber. Recently, the focus has switched to fiber's capacity to enhance overall gut health, which offers a number of hit-on advantages. This mostly happens as a result of the gut microbiome's composition changes.
The Dietary Fiber Market is showing growth at a CAGR of 7.6% in 2021 and is expected to witness a robust growth rate at a CAGR of 10.28% during the period 2023 to 2028. The market is valued at USD 5865.22 Million in 2021 which is expected to reach USD 11414.82 Million in 2028. The main factors that will continue to affect how much dietary fiber is consumed globally are price, health and food safety, and nutrient content. The international recommendations for dietary fiber consumption also differ significantly. Market players have been engaging in mergers and acquisitions as well as expanding their capacity to strengthen their technical proficiency and enable them to provide consumers with improved products.
The Global Dietary Fiber Market is expected to grow in the forecast period and register a market value of USD 11414.82 Million in 2028 at a CAGR of 10.28% during the forecast period. A nutritious diet must contain dietary fiber. It is essential for maintaining gut health and lowering the chance of developing chronic illnesses. The main causes of the increase in worldwide consumption are a high demand caused by urbanization and rising incomes, an increase in health and wellness awareness, recent developments in manufacturing technology, and an expansion of product distribution channels. Since individuals are placing more of an emphasis on proper nutrition, food, and health, changes in eating habits will also raise demand.
One of the primary factors driving the need for food supplements is the development of a sedentary lifestyle. In reality, the supplements are able to lessen any issues brought on by a sedentary lifestyle and the adoption of unhealthy eating practices. The increase in the cost of healthcare is inducing more attention to prevention through the use of food supplements, in order to reduce long-term costs. Because it is now possible to consult online drug portals and the websites of international organizations working in the field of health, consumers are becoming more aware of the value of well-being and prevention. Generally speaking, consumers are becoming more concerned about their health and taking a proactive approach to the treatment and prevention of potential ailments.
Short-term (2030) and medium-term (2050) shifts in dietary choices driven by rising per capita income will have a significant impact on the world's food demand. With an increase in caloric consumption and a noticeable movement away from cereals towards meat, dairy products, sugar, and alcohol, dietary choices change as per capita income grows.
Since lifestyle disorders like obesity, diabetes, and others are becoming more prevalent, especially in developed countries, consumers are becoming more health conscious and spending money on high-nutrition goods. Fast-paced consumer lifestyles have caused them to start monitoring nutritional advice, which has led to a shift towards proactive healthcare and lifestyles. The companies in the dietary fiber market are placing stakes on R&D investments and new product releases as customers become more inquisitive eaters and innovative trends emerge quickly.
Market companies are paying close attention to value-added offerings as long as healthcare specialists continue to recommend increasing the intake of fiber as a way to improve long-term health. The potential of dietary fibers in products is being systematically investigated by large brand firms as well as small high-tech startups, which may signal new beginnings for market players.
Cereals and grains held a significant 47% market share in the dietary fiber source segment in 2021. Rice, wheat, and maize (corn) rank as the top three global food crops. Over half of the calories ingested by people come straight from the three cereal grains. When it comes to nutrition and human health, cereals and grains appear to oppose each other. The highest rates of malnutrition in developing nations are seen in areas with the highest per capita intake of cereal grains, especially those related to protein, iron, zinc, and vitamin A deficits.
The rise in consumer health consciousness, increased knowledge of the health benefits of soluble dietary fibers, rising incidences of chronic diseases, and rising demand from the pharmaceutical, food, and animal nutrition industries for putting soluble dietary fibers into their products are the main drivers of the market growth for soluble dietary fibers.
According to Azoth Analytics Estimates, Asia-Pacific accounts for the largest revenue share in 2021. Growth in the Asia-Pacific Dietary Fiber market is supported by factors such as growing population, high rates of urbanization, economic expansion, and rising health awareness in Asian nations will all contribute to an increase in Dietary Fiber consumption in the Asia-Pacific region. The young population in the Asia Pacific region is keen on experimenting with the new products, while also being more health-conscious. With the rise in per capita income and lower availability of time to prepare meals, consumers are looking for options that are ready-to-eat and healthy as well.
The global Dietary Fiber Market is fragmented with the top 10 companies accounting for a significant revenue share in the year 2021. Leading companies and brands in the market are executing different strategies and partnerships to strengthen their foothold and increase their competitiveness and product offerings in the market.
ADM Company, Sudzucker AG, Kerry Group plc, Ingredion Incorporated, Tereos, International Flavors & Fragrances, Inc., and Tate & Lyle plc, among others, are the leading companies in the Global Dietary Fiber Market.
ADM Company
Sudzucker AG
Kerry Group plc
Ingredion Incorporated
Tereos
International Flavors & Fragrances, Inc.
Tate & Lyle plc
SunOpta, Inc.
Cargill, Incorporated
Scoular
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1. What is the expected market value of the Dietary Fiber Market in 2028?
Ans: The global Dietary Fiber Market is expected to be valued at USD 11,414.82 Million in 2028.
2. At what growth rate is Dietary Fiber Market expected to grow in the forecast period?
Ans: During 2023-2028, Dietary Fiber Market is expected to grow at a CAGR of 10.28%.
3. Which Region dominates the Dietary Fiber Market?
Ans: Asia-pacific contributes the largest revenue share in the Dietary Fiber Market and is expected to continue in the forecast period as well.
4. Which are the leading companies in the Dietary Fiber Market?
Ans: The leading companies in Dietary Fiber Market are ADM Company, Sudzucker AG, Kerry Group plc, Ingredion Incorporated, Tereos, International Flavors & Fragrances, Inc., Tate & Lyle plc, SunOpta, Inc., Cargill, Incorporated, Scoular
5. At what rate will China's Dietary Fiber Market Grow?
Ans: During 2023-2028, China's Dietary Fiber Market is expected to grow at a CAGR of 11.00%
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