Dietary Fiber Market 2024 - Key Growth Drivers, Size, Share, Trends, Demand, Future Outlook by 2032

Rising health awareness, increasing chronic disease prevalence, a shift towards plant-based diets, ongoing advancements in fiber extraction technologies, and growing demand for functional foods and supplements are some of the key factors strengthening the dietary fiber market growth.
The latest report by IMARC Group, titled "Dietary Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032," offers a comprehensive analysis of the dietary fiber market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global dietary fiber market size reached USD 9.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 16.2 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032.

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Dietary Fiber Market Trends:

The global market is primarily driven by the increasing consumer awareness of the health benefits of fiber-rich diets, such as better digestion and lower chronic disease risk. In line with this, the rising prevalence of lifestyle-related disorders, such as obesity and diabetes, requiring weight management and blood sugar regulation, is propelling the market expansion. Furthermore, increasing demand for functional foods and beverages is further contributing to market growth.

Additionally, the growing popularity of plant-based diets augmenting the demand for natural fiber sources such as fruits, vegetables, and whole grains, is impelling the market. Besides this, favorable government initiatives promoting healthy eating habits and dietary guidelines emphasizing fiber intake is providing an impetus to the market. Similarly, rising consumer preference for clean-label and organic products fueling demand for natural and minimally processed sources, is creating lucrative opportunities in the market.

Dietary Fiber Market Scope and Growth Analysis:

The scope of the market is broadening as demand for healthier food products continues to rise. The market scope is experiencing significant growth, due to the food and beverage industry's growing focus on product innovation, including fiber-enriched snacks and supplements, is driving growth in the market. According to market analysis, the emerging trend of fiber supplementation in nutraceuticals and pharmaceuticals is expanding the market's reach. The market scope is also benefiting from the increasing incorporation in various industries, including bakery, dairy, and beverages.

Continuous product innovation, such as the development of prebiotic and soluble fiber ingredients, is further stimulating growth in the market. In addition to this, increasing investments in research and development (R&D) aimed at improving extraction methods and enhancing functionality in different applications are driving expansion in the market. The market scope is poised for further growth as the focus on preventive healthcare and the demand for gut health solutions continue to escalate globally.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

* Archer Daniels Midland Company
* Cargill
* Incorporated
* DuPont Nutrition Bioscience Aps
* FutureCeuticals
* Grain Processing Corporation
* Ingredion Incorporated
* Kerry Group plc
* Lonza Group Ltd.
* Nexira
* Roquette Freres
* Sudzucker AG
* Tate & Lyle PLC

Dietary Fiber Market Segmentation:

Our report has categorized the market based on region, type, source, and application.

Breakup by Type:

* Soluble Dietary Fiber

* Inulin
* Pectin
* Polydextrose
* Beta-glucan
* Others

* Insoluble Dietary Fiber

* Cellulose
* Hemicellulose
* Chitin and Chitosan
* Lignin
* Fiber/Bran
* Resistant Starch
* Others

Soluble dietary fiber accounts for the majority of the market share.

Breakup by Source:

* Fruits and Vegetables
* Cereals and Grains
* Legumes
* Nuts and Seeds

Cereals and grains hold the largest share of the industry.

Breakup by Application:

* Functional Foods and Beverages
* Pharmaceuticals
* Animal Feed
* Others

Functional food and beverages represent the leading market segment.

Breakup by Region:

* North America (USA, Canada)
* Europe (Germany, France, UK, Italy, Spain, Russia, others)
* Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
* Middle East/Africa
* Latin America (Brazil, Mexico, others)

Asia Pacific leads the market, accounting for the largest dietary fiber market share.

Key Highlights of the Report:

* Market Performance (2018-2023)
* Market Outlook (2024-2032)
* Porter's Five Forces Analysis
* Market Drivers and Success Factors
* SWOT Analysis
* Value Chain
* Comprehensive Mapping of the Competitive Landscape

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Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About US:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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