10-Mar-2021 | Zion Market Research
As per the researchers at Zion Market Research, the global insoluble dietary fiber market is anticipated to expand at about 9.1% CAGR from 2019 to 2025, to reach a value of about USD 3.25 billion by 2025. The major players in the global insoluble dietary fiber market consist of Roquette Frères, ADM Company, Cargill Inc., Ingredion Incorporated, Sunopta, Inc., Vivastar, Grain Processing Corporation, Südzucker Ag, J. Rettenmaier & Söhne Gmbh & Co. Kg and Company, DuPont, Vitacel, Tate & Lyle PLC, Cenergy, and Litesse.
Rising Demand For Functional Foods Expected To Drive The Growth Of The Global Market
The global insoluble dietary fiber market is projected to display substantial expansion during the forecast period because of the rising functional foods demand together with the mounting nutrition & health awareness among the customers. The rising incidence of numerous health issues comprising obesity, coronary heart disorder, cholesterol, diabetes, and gastrointestinal issues are also projected to escalate the demand for insoluble dietary fibers in the years to come. Nevertheless, budding synthetic dietary fiber supplements market is expected to obstruct the market growth.
However, R&D by key players for using insoluble dietary fiber to treat diabetes, obesity, cardiovascular problem, high cholesterol, and digestive issues are anticipated to generate growth prospects in the coming period. Additionally, technological developments and constructive government rules backing insoluble dietary fiber is expected drive the market demand. Further, noteworthy increase in dietetic population together with enhancing standards of living is projected to propel the market growth during the forecast period.
In addition, launch of improved products and new formulations has also played a vital role in the expansion of the global insoluble dietary fiber market. To cite, in 2017, “Novelose,” a new variety of insoluble dietary fiber, was launched by Ingredion Incorporated for calorie reduction and fiber fortification in baked goods, pastas, extruded products, and noodles with lower effect on product color, flavor, & texture. Also, the company introduced insoluble dietary fibers “Potex and Potex Crown” in 2018 that is used in meat, bakery, & savory products, and can soak up water up to twelvefold their own weight, thus increasing the meats’ juiciness or add wetness to baked goods.
Asia Pacific Expected To Register Substantial Growth Rate During The Forecast Period
The global insoluble dietary fiber market is bifurcated based on source, application, and region. Regionally, Asia Pacific region is anticipated to witness swift growth rate for the insoluble dietary fiber market during the forecast period. This regional expansion can be accredited to the altering lifestyles and mounting demand for functional foods. Further, the rising research and development spending by the prominent players in the budding economies of Africa, Southeast Asia, and Latin America are further projected to drive the growth of the market. Also, North America and Europe are expected to trail Asia Pacific because of the rising demand for dietary and health supplements in these regions.
Browse the full “Insoluble Dietary Fiber Market - By Source (Legumes, Fruits & Vegetables, And Cereals & Grains), By Type (Cellulose, Hemicellulose, Lignin, Chitin & Chitosan, Fiber/Bran, Resistant Starch, And Others), By Application (Pharmaceuticals, Functional Food & Beverages, Pet Food, And Feed), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/insoluble-dietary-fiber-market
The global insoluble dietary fiber market is segmented as follows:
By Type
By Source
By Application
By Region
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