DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Dietary Fiber Market - Growth, Trends and Forecasts (2016 - 2021)" report to their offering.
The global dietary fiber market is driven by the demand from downstream companies in Food & Beverages and Pharmaceutical domain. This market is highly impacted by the changing preferences of the end user in terms of taste, new product developments and industry trends. The dietary fiber market is a growing industry in terms of value and volume.
The market in 2014 was valued at $2470 million and is estimated to grow to $5320 million by 2020 with a CAGR of 13.4% through 2020. Consumer demand for additional benefits that go beyond basic nutrition are catered by functional foods and health supplements containing dietary fibers. The end user industries see high consumer awareness about the foods they eat and the quality of the ingredients which is driving demand for dietary fibers. A health conscious consumers driven by raising disposable incomes and changing lifestyle is creating demand for nutritional foods and in turn the dietary fibers demand in functional foods and supplements. The increasingly aging population is also driving the use of dietary supplements.
The dietary fibers are used in food applications, and the functional foods category is dominating the market. The other categories using dietary fibers which are set to overtake in long run are beverages, bakery & confectionary market.
The leading companies in the dietary fiber segment are Cargill Inc., DuPont, Lonza Group, Roquette Freres, Ingredion and Tate & Lyle. The key strategies being adopted by companies are launching innovative products, and mergers & acquisitions in potential markets.
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
5. MARKET SEGMENTATION
6. Competitive Landscape
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/3k3t8g/global_dietary