Insoluble Dietary Fiber Market

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.

Market Dynamic

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:

• Hemicellulose
• Cellulose
• Resistant Starch
• Lignin
• Chitosan & Chitin
• Bran
• Others

By Source:

• Vegetables
• Legumes
• Grains & Cereals
• Others
• Fruits
• Others

By Application:

• Dietary Supplements & Pharmaceuticals
• Beverages & Functional Food
• Pet Food
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

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.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• With a market share of 27.8%, the Europe market is expected to grow at a rate of around 6.5%. The demand for the product is being driven by increased health issues, such as the incidence of gastrointestinal and nutritional diseases due to the region’s unsuitable eating habits. One of the main drivers of regional growth is the increased demand for dietary supplements and rising healthcare spending per person.
• The market for insoluble dietary fiber is thriving in China thanks to its sizable population and customer base, and it has a lot of room to grow. China dominates the Asia Pacific area with a market share of approximately 32.1% and a total market value of USD 140.8 Mn.

Competition Analysis

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:

• Unipektin Ingredients AG
• du Pont de Nemours and Company
• Tate & Lyle PLC
• Cargill Incorporated
• TIC GUMS Inc.
• Roquette Frères
• Südzucker Ag
• Grain Processing Corporation

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.