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Dietary Fibers Market Growth Trends, Industry Outlook, Business Forecast by 2025

Author : Rahul Sankrityayan | Published Date : 2019-09-10 

Global Market Insights, Inc. added research on Dietary Fibers Market is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, market also includes an in-depth study of the industry’s competitive scenario.

The exponential growth of dietary fibers market has been a subject of pursuit since for a while now, given the increasing consumer inclination toward fiber fortified food consumption. Over the past two decades, dietary fibers have been well studied at a global scale with enough evidence on its health benefits. This, in consequence, has led the way for food scientists to explore its application in a variety of food items through efficient utilization of these fibers from both conventional as well as offbeat sources including the likes of agro-food processed byproducts. Meanwhile, advanced processing technologies like enzymatic conversion, micronization, and dry fractionation, are opening up new opportunities for dietary fibers industry giants to advance its utilization in functional food development. In fact, experts claim, consumption of adequate amount of dietary fibers reduces the chances of occurrence of a plethora of chronic diseases such as appendicitis, hiatus hernia, coronary heart diseases, constipation, and gallstones.

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In spite of the barrage of health benefits that dietary fibers market encompasses, it has been observed that the current intake level of fiber-rich food is still below the recommended belt in most of the nations. As recommended by the World Health Organization, a person should intake at least 30 gm of dietary fiber daily, while it has been noted that the average dietary fiber intake among U.S. adults is around 15 gms per day. many clinical organizations as wells as scientific communities have taken vigorous initiatives, in an effort, to elucidate the contribution of dietary fibers in promoting human nutrition, which in a way is navigating dietary fibers industry toward a profitable path.  As per Global Market Insights, Inc., global dietary fibers industry in the year 2016 pegged a valuation of USD 3 billion.

Speaking of the immense growth potential of dietary fibers market in the coming timeframe, it is imperative to mention the slew of initiatives that have been undertaken over the recent time by the industry giants, in a bid to increment the pace of advancements in this business space.

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Food applications accounted for over 35% share in the overall dietary fibers market in 2018. Strong outlook for meat products for yield improvement, moisture enhancement, and texture enhancement will propel segment growth. In addition, key properties such as thickening, enhanced gelling, water binding, and stabilizing for the effective production of bakery & confectionery items will promulgate market expansion.

North America dietary fibers market is anticipated to surpass USD 3.5 billion by 2025. Government policies & norms pertaining to several food standards along with key benefits in the forms of food additives will promulgate business expansion. Surging product usage for numerous meat products coupled with the necessity to improve the nutritional value in different bakery applications will drive the product portfolio. For instance, as per the Canadian Bureau of Nutritional Sciences & Health Products, the caloric value of dietary fiber in several products has been revised to 2 kcal/g.

The dietary fibers market is fragmented with the presence of numerous global players coupled with numerous regional manufacturers. Key industry players include Archer Daniels Midland Company, Cargill Incorporated, DuPont, Royal DSM, Procter & Gamble, and GlaxoSmithKline. Other prominent players include Lonza Group, Nexira, Inc., Roquette Freres, Tate & Lyle PLC, and SunOpta, Inc. Acquisitions, mergers, and joint ventures along with new product development are among the key strategies adopted by the industry players. Significant business strategies pertaining to the product portfolio diversification will propel the overall dietary fibers market over the projected time frame.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, 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 rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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