Dietary Fibers Market foreseen to witness over 10% CAGR up to 2025
Category: #reports  By Rahul Sankrityayan  Date: 2019-02-16
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Dietary Fibers Market foreseen to witness over 10% CAGR up to 2025

North America accounted for more than 30% of the overall Dietary Fibers demand in 2018. Growing prevalence of health-related diseases including obesity and cardiac arrest among young and geriatric population coupled with increasing consumer spending on premium & nutritious food products in the region will steer the product demand up to 2025. For instance, as per the International Diabetes Federation (IDF), over 45.5 million adults aged between 20-29 years were affected with diabetes in the North America and Caribbean region in 2017 and is expected to increase by more than one third by 2030.

Strong outlook with versatile applications including breakfast cereals, bakery, dairy, infant food, meat, beverages, pharmaceutical, companion animal nutrition etc. are among major factors driving the dietary fibers market growth. Increasing product adoption by people suffering from diverticulitis, gastroesophageal reflux disease, and hemorrhoids will positively influence the industry share. Beneficial properties such as moisture retention and heat resistance will support the use of dietary fibers in dairy & confectionery industry. Dietary Fibers Market is estimated to surpass USD 10.5 billion by 2025

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Recommendations laid down by regulatory bodies like CFSAN, INFOSAN, FDA etc. to increase the fiber intake consumption in food products owing to increasing instances of diseases related to nutrition deficiency will provide positive scope for product demand up to 2025. Favorable regulatory compliances and suitable economic conditions are the significant factors encouraging manufacturers to expand production capacity to cater the surging product demand. Further, stringent regulations & changing labeling norms supported by recommendations from government organizations to improve the daily fiber intake will fuel industry share.

In developed economies, consumers have started keeping an eye on dietary recommendations, resulting in a shift towards proactive healthcare and lifestyle. Factors such as increasing prevalence of gastrointestinal diseases coupled with rising consumer spending on personal care products will provide a positive scope for the product penetration during the forecasted timeframe. Also, growing consumer preferences toward vegan & vegetarian food products instead of meat items owing to the higher nutritional value will further provide a strong business outlook.

Soluble dietary fibers product segment witness significant gains over 9% by 2025. Shifting consumer preferences toward the sugar substitutes to protect themselves from blood pressure, overweightness, and other health ailments will steer the product demand up to 2025. Additionally, growing applications of the product in the food and beverage sector coupled with favourable functional properties of the product will further contribute to the industry expansion.

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Archer Daniels Midland Company, DowDuPont, Tate & Lyle, Kerry Group, Royal DSM, Cargill, Ingredion Incorporated, J. Rettenmaier & Sohne Gmbh & Co and Procter & Gamble are among major Dietary Fibers manufacturers. Global industry share is highly consolidated owing to the presence of medium & large multinational players. The manufacturers are involved in new product launches, technological innovation, production capacity expansions and mergers & acquisitions to gain competitive share.



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Rahul Sankrityayan

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Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for News.Marketsizeforecasters.com, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a r...

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