The
global dietary fibers market is expected to reach USD
11.83 billion by 2025, according to a new report by Grand View Research, Inc.
Growing functional food & beverage industries are expected to play major
roles in the market over the next nine years.
Major
sources of dietary fibers include whole grains such as brown rice, barley, and
whole-wheat, vegetables such as broccoli, and fruits such as bananas and
raspberries. Apart from these, lentils, nuts, apples, and mangoes are also
known to have a high fiber content. Growing awareness about the importance of
these foods in the daily diet is expected to further drive the market over the
forecast period.
U.S. dietary fibers market, by source, 2014 - 2025 (USD Million) |
The
market is expected to be driven by growing functional food & beverage
industries. This was evident from the fact that the functional food industry
grew at an annual rate of 2.4% from 2008 to 2009, while it grew at an annual
rate of over 7% from 2012 to 2013.
Browse full
research report on Dietary fibers market: www.grandviewresearch.com/industry-analysis/dietary-fibers-market
Further key
findings from the study suggest:
- Whole grain products such as whole-wheat and
brown rice dominated the source segment in 2015 as they have a high fiber
content and exhibit several benefits including reduction of risk of heart
diseases, asthma, and cancer, among others
- Insoluble fibers accounted for over 60% of the
market by revenue in 2015 as these can be easily digested and excreted by
the human body, without any complications
- The food segment is projected to witness the
highest CAGR of over 14% in terms of value, from 2016 to 2025 due to
growing demand for functional foods and nutraceuticals
- Asia Pacific held the largest revenue share of
over 39% in 2015 with growing demand from countries such as China, India,
Japan, and others
- The Central & South American region, with
emerging industries in countries such as Brazil and Argentina, is
projected to grow at the second-highest CAGR of over 13% in terms of
revenue, from 2016 to 2025
- Some of the major manufacturers of dietary
fibers include Cargill, Incorporated, Archer Daniels Midland Company,
Lonza Group AG, Nexira, and Ingredion Incorporated, among others
- Most of these companies adopted expansions and
investments as their major growth strategies from 2011 to 2016, in order
to enter new untapped markets, consequently increasing their respective
market shares
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the global dietary fibers market on the
basis of source, product, application, and region:
Global
Dietary Fibers Source Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 -
2025)
- Whole
Grain Products
- Fruits
& Vegetables
- Others
Global
Dietary Fibers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 -
2025)
- Soluble
Dietary Fibers
- Insoluble
Dietary Fibers
Global
Dietary Fibers Application Outlook (Volume, Kilo Tons; Revenue, USD Million,
2014 - 2025)
- Food
- Beverages
- Pharmaceuticals
- Others
Dietary
Fibers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- UK
- Asia
Pacific
- China
- Japan
- Central
& South America
- Brazil
- Middle
East & Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-dietary-fibers-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and fact-based
research across a range of industries, from technology to chemicals, materials
and healthcare.