The global dietary fibers market had a valuation of USD 7.40 billion in 2022. It is projected to reach USD 10.62 billion by 2032, with a forecasted revenue growth rate of 13.5% during the specified period. The market's expansion is primarily attributed to the increasing demand for functional foods and dietary supplements that provide various health benefits. These benefits include promoting good digestion, managing weight, and reducing the risk of chronic illnesses like heart disease, diabetes, and cancer.
A significant driving factor for market revenue growth is the growing awareness among consumers regarding the importance of a balanced diet and the advantages of incorporating dietary fiber. Consumers are actively seeking out food products that contain dietary fiber, such as fruits, vegetables, whole grains, and supplements, as a means to improve their overall health and well-being. The demand for products that can assist in weight management and support digestive health is also propelled by changing lifestyles characterized by sedentary work routines and a lack of physical activity.
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Top Companies Operating in the Global Dietary Fibers Market Report:
- Cargill, Inc.
- DuPont de Nemours, Inc.
- Archer Daniels Midland Company
- Kerry Group
- Roquette Freres
- Ingredion Incorporated
- Lonza Group Ltd.
- Tate Lyle PLC
- Nexira
- Sudzucker AG
Market Overview:
In the food and beverage sector, all businesses involved in the processing, packaging, or distribution of raw food materials are included. In addition to medications, this industry touches all human-made products, including fresh and packaged meals, alcoholic and nonalcoholic beverages.
Since the Covid-19 outbreak has caused a financial depression, consumers are trying to conserve their money as much as possible. To do this, consumers are buying more generic things and cooking their own meals instead of eating out. In order to reduce the cost of goods sold, attract more customers, and increase profit margins, food processing companies are becoming more creative.
As a result of obesity, the global food and beverage industry is experiencing tremendous growth. As consumers' desire for healthy foods has increased, so has their demand for more detailed nutrition data. Both of these changes have caused companies to launch lower-calorie foods and tighten their control over how their brands are perceived.
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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.
This report analyzes the Dietary Fibers market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Dietary Fibers market is provided to gain a deeper understanding of its growth and progress.
The global Dietary Fibers market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Source Type Outlook:
- Fruits Vegetables
- Cereals Grains
- Nuts Seeds
- Others
Application Outlook:
- Functional Foods Beverages
- Pharmaceuticals
- Animal Feed
- Others
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