Press release
Insoluble Dietary Fiber Market Surge Towards Solid Growth by 2024
Insoluble Dietary Fiber Market
Dietary fibers are derived from plants; they are indigestible part of the food. They are categorized into insoluble dietary fibers and soluble dietary fibers. Insoluble dietary fiber on fermentation gets converted into bulking fiber. Due to its high water absorption properties insoluble fiber are applicable for feed industries, functional food products, and pharmaceutical industries. Soluble dietary fibers are readily dissolved in water. Its remaining components are utilized as byproducts.
Consumers have now become more conscious about their health & nutrition and the growing popularity of the functional foods are factors that anticipate fueling the global insoluble dietary fibers market growth. High prevalence of health problems such as gastrointestinal issues, coronary heart disorder, diabetes, cholesterol, and obesity are factors that are expected to foster the market growth. Major participants in the market are focusing on R&D for making use of the insoluble dietary fiber in treating digestive problems, obesity, high cholesterol, diabetes, and the cardiovascular problem, this is anticipated to create new growth opportunities. Technological advancements and favorable government regulations are also benefiting the market. A considerable increase in the health awareness, the rising dietetic population along with improving living standards is expected to open new avenues for the market growth. Consumer demand for healthy and nutritious products is fuelling the insoluble dietary fibers market growth.
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The insoluble dietary fiber market is bifurcated based on application, type, and source. The application segment is categorized into animal feed, functional food & beverages, pet food, and pharmaceuticals. On the basis of the type, the market is segregated into lignin, cellulose, resistant starch, hemicellulose, fiber/bran, chitin & chitosan, and others. The source segment is divided into legumes, cereals & grains, fruits & vegetables, and others.
Asia-Pacific region is expected to be the fastest growing market for insoluble dietary fibers owing to rise in demand for functional foods and changing lifestyles. Key companies are heavily investing in R&D in emerging economies of Southeast Asia, Latin America, and Africa, which further enhances the growth of the market in future. Growing demand for health and dietary supplements in the Europe and North America may give rise to the market growth. Major market participants have adopted the strategies such as the expansion of production capacities, mergers, acquisitions, collaboration, and new technology launch, these factors are expected to encourage the insoluble dietary fiber market. Increasing number of patents for production and grinding of insoluble dietary fibers by the key players in Latin America are likely to create a lucrative market scenario. Growing number of applications of the insoluble dietary fiber in active industries such as feed & food industry, pharmaceuticals, and others are projected to propel the market in the Middle East region.
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Major market players that are operating in the global insoluble dietary fiber market include Grain Processing Corporation, ADM Company, Vivastar, Roquette Frères, Südzucker Ag, Ingredion Incorporated, Sunopta, Inc., and Cargill Inc. Other prominent players include Rettenmaier & Söhne GmbH. & Co. Kg and Company, DuPont, Litesse and Cenergy, J. Tate & Lyle Plc., and Vitacel.
Global Insoluble Dietary Fiber Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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