DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/77c4r8/dietary_fiber) has announced the addition of the "Dietary Fiber Market by Product Type and Application - Global Trends & Forecasts up to 2019" report to their offering.
This report estimates the market size of the dietary fiber market in terms of both value and volume. Functional foods, bakery & confectionery, dairy, beverage, meat products, and pharmaceuticals are the end-user applications for dietary fiber. With the increasing penchant for health benefits, the market is likely to witness a robust growth in the years ahead.
The dietary fiber market volume is estimated to reach 465,128.3 metric tons by 2019, growing at a CAGR of 10.4% from 2014 to 2019. The end-use sectors are exhibiting buoyant growth driven by the global aging population and customer preferences towards dietary fibers. The dietary fiber market was dominated by the supplements segment both in value and volume terms. Functional foods were the most dominant sector in food applications for dietary fibers.
Major players like Cargill Inc. (U.S.), E.I. DuPont de Nemours (U.S.), Lonza Group (Switzerland), Roquette Freres (France) are scaling their business by bringing in new products and pursuing mergers and acquisitions in developing markets. Top eight players in the dietary fiber industry held a market share of around 65.0% depicting the participation of other small players in the industry.
Although dominated by conventional fibers, the novel fibers segment is projected to drive the growth 2014 to 2019. The penetration of conventional fibers is high in the developing countries and these are expected to witness a sluggish growth in the years ahead due to the rapid growth and acceptance of novel fibers.
For more information visit http://www.researchandmarkets.com/research/77c4r8/dietary_fiber
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.