DUBLIN--(BUSINESS WIRE)--The "Global Dietary Fiber Market (2023 Edition) - Analysis By Source (Fruits & Vegetables, Cereals & Grains, Others), Type (Soluble, Insoluble), By End-use, By Region, By Country: Market Size, Insights, Competition and Forecast (2023-2028)" report has been added to ResearchAndMarkets.com's offering.
The report projects significant growth for the global dietary fiber market, with a compound annual growth rate (CAGR) of 10.2% expected during the forecast period from 2023 to 2028. By the end of 2028, the market is anticipated to reach a total value of $11.41 billion, up from $5.86 billion in 2021.
Key Factors Driving Market Demand
Several factors are fueling the demand for dietary fiber globally. These include rising disposable incomes, urbanization, a growing preference for healthy lifestyles, increased awareness of digestive disorders, a willingness to pay a premium for healthy foods, and improved market accessibility. Furthermore, the market benefits from new product development efforts and strong promotional initiatives by major manufacturers.
Impact of Health Consciousness
Consumers' growing health consciousness is leading them to spend more on high-nutrition products, especially in light of the increasing prevalence of lifestyle disorders such as obesity and diabetes, particularly in developed countries. This trend has prompted consumers to pay closer attention to nutritional advice and prioritize proactive healthcare and lifestyles. Companies in the dietary fiber market are focusing on research and development investments and launching new products to cater to the evolving preferences of consumers.
Global Market Insights and Trends
The report offers insights into the global dietary fiber market's dynamics across various regions, including the Americas (U.S., Canada, Brazil), Europe (U.K., Germany, France), Asia-Pacific (China, India, Japan, Indonesia), and the Middle East and Africa. It covers market size, growth potential, competitive analysis, investment opportunities, and future demand forecasts.
Competitive Landscape
The study also provides a competitive landscape of the industry, highlighting key players in the global dietary fiber market. Some of the leading companies in the market include ADM Company, Sudzucker AG, Kerry Group plc, Ingredion Incorporated, Tereos, International Flavors & Fragrances, Inc., Tate & Lyle plc, SunOpta, Inc., Cargill, Incorporated, Scoular, and others. The report includes vital information such as business overviews, products and services, key financials, and recent developments for each company.
Key Report Sections:
- Analysis of the Dietary Fiber Market by Value (USD Million)
- Historical analysis (2018-2021), estimated year (2022), and forecast period (2023-2028)
- Examination of the Dietary Fiber Market by Source (Fruits & Vegetables, Cereals & Grains, Others)
- Analysis of the Dietary Fiber Market by Type (Soluble, Insoluble)
- Assessment of the Dietary Fiber Market by End-use (Food & Beverages, Pharmaceutical, Animal Feed, Others)
- Analysis of the Global Dietary Fiber Market by countries (United States, Canada, Brazil, United Kingdom, Germany, France, China, India, Japan, Indonesia)
- SWOT and Porter's Five Forces Analysis
- Evaluation of market attractiveness by region, dietary fiber type, dietary fiber form, and sales channel
- Exploration of major opportunities, trends, drivers, and challenges in the industry
The global dietary fiber market is poised for significant growth, driven by factors such as increasing health awareness, urbanization, and consumer preference for healthy lifestyles. With a focus on research and development and new product launches, industry players are capitalizing on the growing demand for dietary fiber products. Governments and businesses alike must prioritize promoting a healthy food environment to encourage healthier eating habits. The market's continued expansion will require addressing oversaturation and consumer confusion through effective advertising and education.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 260 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $7 Billion |
| Forecasted Market Value (USD) by 2028 | $11.41 Billion |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global
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For more information about this report visit https://www.researchandmarkets.com/r/knqbnp
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