Insoluble Dietary Fiber Market Size Analysis
According to a recent survey conducted by ChemView Consulting, the Global Insoluble Dietary Fiber Market grew at a CAGR of 8.7% between 2017-2021 and is estimated to be US$ 2864.9 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 9.0% and is expected to reach a valuation of US$ 6,782.3 Mn by 2032 end.
Growth in customer concerns about their health and wellness, rising consumer awareness due to public health initiatives, and increasing functional food consumption are some drivers driving this market. Market expansion has been supported by government health initiatives that increase consumer awareness of the benefits of functional foods with high insoluble fiber in lowering the risk of serious illnesses like cardiovascular disease (CVC), cancer, and osteoporosis.
RISING HEALTH CONSCIOUSNESS WILL BOOST THE GROWTH OF THIS MARKET SEGMENT
Obesity cases have dramatically increased due to lifestyle choices and food included in the diet. If lifestyle and diet do not alter, obesity may result in various major health problems. Although regular exercise is essential, dietary fiber in food is crucial to preventing obesity.
Additionally, customers are switching from high-calorie diets to low-calorie, high-fiber diets. The advantages of non-soluble fiber for health are numerous. In the large intestine, non-soluble fiber decomposes and aids in the maintenance of the digestive system. It is quite beneficial for naturally treating digestive problems, including constipation.
EASY AVAILABILITY OF RAW MATERIAL FOR SOLUBLE FIBER A MAJOR FACTOR FOR THE GROWTH
Cereals and grains are very popular alternatives for people in their diets because they are readily available and inexpensive. Because of their widespread availability, low price, and numerous health advantages, grains like oats, rice, and wheat are utilized as staple food ingredients in most homes. Oats are considered extremely beneficial for preventing weight gain, lowering cholesterol, and supplementing the diet with the recommended amount of fiber daily.
Consumers favor grain-based snacks like whole-grain cookies, whole-wheat pasta, and wheat bread due to their ease of digestion and health advantages.
Market Segments Covered in Report
By Product Type:
By Region and Country:
Why is Lignin estimated to account for the largest market share?
Lignin is regarded as the second most accessible natural polymer, behind cellulose. Lignin, an insoluble dietary fiber, is frequently utilized in processed foods because it is simple to incorporate into food products and has a fast metabolism. Furthermore, it is known to slow the oxidation process in various food products, including baked goods.
Will Grains & Cereals boost the insoluble dietary fiber market?
Cereal and grains, which currently account for one of the industry’s leading categories and have a market value of around USD 600 million, are anticipated to rise at an astounding CAGR of 6.2%, reaching a massive deal of over USD 1,000 million. Being the segment with the second-fastest growth rate, it undoubtedly has a bright future in market expansion.
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
These actions have enabled market participants to increase their clientele and revenue. With the increasing demand for dietary fiber in the worldwide industry, market players in the Insoluble Dietary Fiber market can anticipate attractive growth prospects in the future.
A list of some of the key suppliers present in the market are:
Report Coverage and Highlights
|Historical data available for||2017-2021|
|Market analysis||USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032|
|Key regions covered||North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa|
|Key countries covered||US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt|
|Key segments covered||By Product Type, Source, Application, Region, and Region|
|Customization scope||Available upon Request|
|Pricing and purchase options||Available upon Request|
Frequently Asked Questions
In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 9.0%.
Rising health consciousness and cases of obesity are going to consumers opt for soluble fiber as a functional food that will boost the growth of this market segment.
Major global Insoluble Dietary Fiber Market players are Unipektin Ingredients AG, du Pont de Nemours, and Company, Tate & Lyle PLC, Cargill Incorporated, TIC GUMS Inc., Roquette Frères, Südzucker Ag, Grain Processing Corporation.
Europe is expected to account for the largest market revenue share in the Global Insoluble Dietary Fiber market.
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