Rise in GI Diseases to Boost Global Dietary Fibers Market

According to Triton's research analysis, the dietary fibers market was valued at $6854.76 million in 2022, and is expected to expand at a CAGR of 8.77% (a revenue) from 2023 to 2030.

Triton Market Research presents the 'Global Dietary Fibers Market' report sectioned by Application (Animal Feed, Pharmaceuticals, Food & Beverages, Other Applications), by Product (Soluble Dietary Fibers {Corn Fibers, Inulin, Beta Glucan, Pectin, Other Soluble Dietary Fibers}, Insoluble Dietary Fibers {Wheat Fibers, Cellulose, Lignin, Hemicellulose, Chitin & Chitosan, Oat Bran, Other Insoluble Dietary Fibers}), by Raw Material (Legumes, Nuts & Seeds, Fruits & Vegetables, Cereals & Grains), and by Regional Outlook (Europe, Latin America, North America, Middle East and Africa, Asia-Pacific)

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Dietary fiber is a crucial component of plant-based foods that provides a range of health benefits. Unlike other food components, fiber cannot be digested by the body, making it an excellent tool for promoting digestive health. By promoting gastrointestinal peristalsis, fiber can help alleviate constipation and remove harmful substances from the gut.

The global dietary fibers market is expected to reach $13421.33 million in revenue by 2030, with a projected revenue CAGR of 8.77% in the forecast years from 2023 to 2030, as per Triton Market Research's report.

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The report further states that this market is likely to account for 5508.23 kilotons by 2030, with a projected volume CAGR of 8.73% during the forecast period.

Dietary fibers are becoming more and more popular worldwide as the pharmaceutical industry continues to recognize their advantages. Rapid urbanization has led to a profusion of sedentary lifestyles, which has increased the incidence of obesity and chronic diseases.

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In order to address these health concerns, people are turning to foods high in soluble fiber, such as oatmeal, apples, beans, and almonds, to help them control their blood sugar levels and appetite. Customers are consuming more dietary fiber in an attempt to live healthier lifestyles, which is driving the market's expansion.

It is projected that stringent regulations enforced by many organizations will impede the growth of the dietary fiber industry. As an example, the Food and Drug Administration (FDA) recently announced a modification to the definition of dietary fibers, resulting in the recall and evaluation of existing goods. The industry for dietary fiber is not able to expand since different regional regulatory authorities have different rules and requirements.

The dietary fibers market is divided into three main segments: product, application, and raw materials. Several applications, including food and drink, medications, animal feed, and others, make up the market.

On the other hand, depending on the product, soluble and insoluble dietary fibers are offered in the market. Examples of soluble dietary fibers are pectin, inulin, beta glucan, corn fibers, and others.

Conversely, chitin and chitosan, oat bran, cellulose, lignin, hemicellulose, wheat fibers, and other insoluble dietary fibers are examples of insoluble dietary fibers. Finally, in terms of raw materials, the market offers fruits and vegetables, cereals and grains, nuts and seeds, and legumes.

Asia-Pacific is the largest region in the world for dietary fiber revenue share. With rising disposable earnings and per capita incomes, consumer habits are evolving and they are becoming more health conscious. Spending on nutrient-dense foods is anticipated to increase due to their numerous health benefits, which will raise demand for dietary fiber. It is anticipated that this tendency will support the expansion of the dietary fiber industry in the area.

The notable firms in the dietary fibers market include Tate & Lyle Plc, Lonza Group AG, Cargill Incorporated, Roquette Freres, Ingredion Incorporated, The Archer-Daniels-Midland Company (ADM), Nexira SAS, Beneo GmbH, Kerry Group Plc, and Batory Foods Inc.

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Question & Answer: Dietary Fibers Market

Question 1: What factor is driving the dietary fibers market's growth?
Answer: As the pharmaceutical sector continues to embrace the benefits of dietary fibers, the global market for dietary fibers is experiencing significant growth.

Question 2: What factor is a challenge for the market's growth?
Answer: Consumption of too much fiber too quickly can negatively affect overall health and well-being. Excessive fiber intake can cause bloating, gas, constipation, and various digestive problems. Therefore, consuming high quantities of dietary fibers can harm consumers' health and thereby hinder the market's growth.

Question 3: Which region is leads the global market?
Answer: The Asia-Pacific region dominates the global dietary fibers market in terms of revenue share. The increasing per capita and disposable incomes are causing a shift in consumer lifestyles, with a growing preference for healthy and nutritious foods.

As a result, expenditure on healthy food products is expected to rise, driving the demand for dietary fibers due to their various health benefits. This trend is expected to fuel the growth of the dietary fibers market in the region.

Question 4: Which are the prominent players operating in the dietary fibers market?
Answer: The prominent companies in the dietary fibers market include Tate & Lyle Plc, Lonza Group AG, Cargill Incorporated, Roquette Freres, Ingredion Incorporated, The Archer-Daniels-Midland Company (ADM), Nexira SAS, Beneo GmbH, Kerry Group Plc, and Batory Foods Inc.

Related Reports:

GLOBAL BETA GLUCAN MARKET
https://www.tritonmarketresearch.com/reports/beta-glucan-market

According to Triton Market Research's report, the global disposable beta glucan market is projected to grow at a CAGR of 7.71% during the forecast period from 2019 to 2027.

The beta glucan market is experiencing a stable growth trajectory as a result of the heightened adoption of beta glucan products within the nutraceutical and cosmetics sectors.

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