Food Fiber Market expected to generate a revenue of  US$ 6 Bn by 2027 end, Globally at 5.7 % CAGR

Customers' demands for food with nutritional content have expanded over the last couple of years. Due to an increasing understanding of the health benefits of dietary fibers over the past few years, consumption of these substances has been restricted and increased. The primary factor driving the global market for food fibers is this. Food fibers offer a variety of advantages that have a big impact on the growth of the global food fibers market.

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Lower cholesterol levels, regular bowel movements, control of blood sugar levels, and a decreased risk of heart disease, hypertension, and obesity are just a few of the health benefits they provide. For diabetics, this improves insulin sensitivity is beneficial. Consuming dietary fibers also helps avoid duodenal ulcers, gastric reflux disease, and constipation.

More consumer lifestyle changes as a result of increased awareness also affect eating habits and the desire for consuming more fiber-rich foods. This is backed up by a rise in worldwide disposable income, which has further stoked consumer demand for food fibers and propelled the market's growth.

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According to Persistence Market Research, the global food fiber market is expected to reach a value of about US$ 6 Bn by the end of 2022, and is poised to propagate at a robust CAGR throughout the period of forecast 2017-2022.

North America is expected to remain dominant in the global food fiber market, in terms of revenues. As of 2017, North America showed high market attractiveness for food fibers, owing to high consumption. In addition, emerging economies such as Asia-Pacific excluding Japan (APEJ) is poised to grow at the highest growth rate during the period of forecast.

Companies

Cargill
Tate & Lyle
Archer-Daniels-Midland Company
Ingredion
Roquette Frères S.A.
SunOpta Corporation
Nexira
Kerry Group
Grain Processing Corporation
RETTENMAIER & SÖHNE GmbH + Co
Others

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Soluble Corn Fiber Shows High Market Share

By product type, although sales of soluble corn fiber will register a relatively lower CAGR through 2022, it is expected to dominate the global food fiber market in terms of revenues. However, this segment is expected to witness a decline in its market share over the forecast period. Insulin segment has a comparatively higher market share than all other product segments, except for the soluble corn fiber. But, sales of insulin will exhibit a healthy growth throughout the forecast period. In terms of market share, being the second highest segment, insulin can be a much lucrative option to invest into in the coming years.

Market Segmentation :  (Food Fiber Market)

The global food fiber market is segmented based on product type, application, and region. A detailed market segmentation for food fibers is highlighted below.

Food Fiber Market By Region : North America, Latin America, Europe, Japan, APEJ, MEA

Food Fiber Market By Product Type : Oat Fiber, Polydextrose, Wheat Fiber, Vegetable Fiber, Soluble Corn Fiber, Insulin, Others

Food Fiber Market By Application : Bakery & Confectionery, Dairy, Functional Foods, Beverages, Meat products, Other Applications

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Related sources :

Almond Milk Market : http://xherald.com/food/almond-milk-market-extends-at-a-healthy-cagr-of-9-0-during-forecast-2023-to-2033/

Date Syrup Market : http://xherald.com/news/date-syrup-market-expected-to-generate-a-revenue-of-us-36-2-bn-by-2027-end-globally-at-6-2-cagr/

Dried Fruits Market : http://xherald.com/news/dried-fruits-market-us-poised-to-achieve-continuing-growth-grow-at-a-cagr-of-5-5/

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