Press release
Lonza Group AG, Nexira Profiled in Dietary Fibers Market | Top Players – Cargill, Tate & Lyle, Royal DSM, DuPont, Archer Daniels Midland Company, Ingredion Incorporated, Roquette Freres, Procter and Gamble, Novus International
Dietary Fibers Market
Dietary Fiber Market is estimated to exceed USD 9 billion by 2024; according to a new research report by Global Market Insights.
Request for a sample of this research report - https://www.gminsights.com/request-sample/detail/2331
Company Profiles
1. Cargill
2. Archer Daniels Midland Company
3. Lonza Group AG
4. Nexira
5. Ingredion Incorporated
6. DuPont
7. Roquette Freres
8. Tate & Lyle
9. Royal DSM
10. Procter and Gamble
11. Novus International
12. GlaxosmithKline(GSK)
13. Novartis
14. Sudzucker
15. Kerry Group
Food industry expansion due to consistent product development has eased the availability of dietary fibers including husk, bran, pomace, and peel. Advances in the fibrous food ingredients with more benefits and additional sources will enhance the industry size. Abundant availability of food byproducts and cost effectiveness will further drive industry growth. In addition, increasing sports nutrition and nutraceutical products intake among young and adults is stimulating dietary fibers market growth.
Browse key industry insights spread across 300 pages with 259 market data tables & 11 figures & charts from the report, “Dietary Fibers Market Size By Type (Soluble [Inulin, Pectin, Polydextrose, Beta-Glucan, Fructooligosaccharides (FOS), Galactooligosaccharides (GOS), Corn Fiber], Insoluble [Cellulose, Hemicellulose, Chitin & Chitosan, Lignin, Fiber/Bran, Resistant Starch]), By Source (Cereals & Grains, Fruits & Vegetables), By Application (Food, Beverages, Pharmaceutical), Industry Outlook Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, South Korea, Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/dietary-fibers-market
Health benefits including reduced risk of hypertension, obesity, stroke, heart and gastrointestinal diseases will drive the market growth. However, several issues such as rough texture and dark color have been severely restraining the popularity of fiber-fortified products hampering overall industry size. Various research and developments are being undertaken to address the limitation creating positive outlook for dietary fiber market growth.
Increasing consumer awareness pertaining to the benefits offered by fiber-fortified products will fuel dietary fibers market growth. Rising trends towards functional food along with increase in consumer affordability will enhance product penetration. As per industry estimates, over 50% of the functional foods in super/hypermarkets are fiber-fortified. Changing eating patterns accompanied by modern lifestyle will remain key driving factors.
Food applications will observe over 12.5% CAGR up to 2024. Increased demand from bakery products due to its water holding capacity and therefore preventing dehydration will support growth. Efficiency of curbing obesity and constipation through increasing stool bulk are the key properties driving product penetration in food application.
APAC dietary fibers market will value over USD 2 billion by 2024. Growing preference for healthy & nutritious food products owing to increase in geriatric population driving the regional demand. Increasing cases of diabetes and high blood cholesterol is expected to provide lucrative opportunities for manufacturers.
Global industry share is fragmented due to the presence of various regional as well as international players in the industry. Few key players include Cargill, Incorporated, ADM Company, Lonza Group AG, Nexira, Ingredion Incorporated, DuPont and Roquette Freres. Acquiring of small scale firms, expansion of regional footprint and increased investments in research and development are major strategies adopted by market players to enhance their market share.
Cereals & grains will generate over USD 3.5 billion revenue by 2024. Rising consumption of cereals & grains promoting health benefits owing to abundance of phenolic antioxidants will enhance segment growth. Easy availability of raw material at low cost is expected to support this segment growth over the forecast period.
North America will witness growth over 12% up to 2024. Improved standard of living driving consumption of processed and convenience food products has instigated demand for additional dietary supplements. Developed distribution channels enables convenient procurement of products thus, propelling regional industry growth.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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