“The dietary fibers market is projected to grow at a CAGR of 12.5% during the forecast period.”
According to MarketsandMarkets, the dietary fibers market is estimated to be valued at USD 5.3 billion in 2020 and is projected to reach USD 9.6 billion by 2025, recording a CAGR of 12.5% in terms of value. Factors such as the growing environmental concerns &rise in demand for dietary supplements are projected to drive the growth of the dietary fibers market during the forecast period. However, the growth of the dietary fibers market is inhibited by factors, such as high adaption costs involved for small &medium-sized enterprises. In addition, the stringent regulatory framework for the use of dietary fibers inhibits the growth of this market.
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“By type, the soluble fibers segment is projected to grow at the higher CAGR during the forecast period.”
The soluble type of dietary fibers is projected to grow at a CAGR of 13.0% in terms of value. Food scientists and manufacturers are looking for new and innovative applications of dietary fiber in various segments. Water-soluble dietary fiber is one of the crucial types of dietary fiber. It consists of inulin, pectin, polydextrose, beta-glucan, fructooligosaccharides, galactooligosaccharides, and corn fiber. It delays gastric emptying and regulates blood sugar level; it lowers the cholesterol level as well.
“By application, the functional food &beverages segment is estimated to account for the largest share.”
Based on applications, the dietary fiber ingredients are continuously improved to provide an enhanced taste and texture to the recipes that are further modified to blend easily with the different functional foods. Therefore, dietary fibers can attribute to various functional properties added to the food. Also, the incorporation of dietary fiber adds to the shelf-life of the product, along with the improvement of the textural and sensory characteristics, owing to their water-binding capacity, gel-forming ability, fat mimetic, anti-sticking, anti-clumping, texturizing, and thickening effects.
“By region, the Asia Pacific region is projected to grow at the highest CAGR during the forecast period.”
Asia Pacific is projected to be the fastest-growing dietary fibers market and is projected to grow at a CAGR of 13.3%. Dietary fibers are the part of the plant which, when consumed, remains indigestible by the gastrointestinal enzymes. It is beneficial for the digestive health; the regular use of dietary fibers either in raw form through fruits, vegetables, and grains or through supplements seems to reduce and prevent health problems such as constipation, high cholesterol and blood sugar levels, and various other cardiovascular diseases.
The young population in the Asia Pacific region is keen on experimenting with the new products, while also being more health-conscious. With the rise in the per capita income and lower availability of time to prepare meals, consumers are looking for options that are ready-to-eat and healthy as well.
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This report segments the dietary fibers market on the basis of type, source,processing treatment, application, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape,pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the dietary fibers market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.