Analysis by Raw Material (Fruits & Vegetables, Nuts & Seeds, and Cereals & Grains); by Type (Soluble, and Insoluble); and by Application (Food & Beverages, and Pharmaceuticals, Animal Feed, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035
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The global dietary fibers market is estimated to garner a revenue of around USD 15 Billion by the end of 2035 by growing at a CAGR of ~7% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of nearly USD 7 Billion in the year 2022. The market’s growth can be attributed to the increasing popularity of dietary supplements. Dietary fibers are highly used in dietary supplements such as fiber drinks, supplement tablets, and others. Over 63% and 67% of people in Lithuania took nutritional supplements to strengthen their bodies and immune systems, respectively. Also, during a pandemic, consumption greatly soared.
In addition to these, factors that are believed to fuel the market growth of dietary fibers include the rising use of beta-glucan owing to its rising benefits. Beta-glucans are soluble fibers found in the cell walls of various bacteria, plants, yeasts, and fungi. Taking 2.5-3.5 grams of beta-glucan daily for 3 to 8 weeks can lower fasting blood sugar levels and enhance long-term blood sugar management in persons with type 2 diabetes. On the other hand, the rising collaboration of major players is also expected to ring lucrative opportunities for the market. For instance, AGT Food and Ingredients Inc. (AGT), one of the largest suppliers of value-added plant-based food products, collaborated with Equinom, the food technology company. Both companies aim to boost the development, certification, and commercialization of co-branded functional ingredients made from Equinox ultra-high protein yellow pea varieties.
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~7% |
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Base Year Market Size (2022) |
~ USD 7 Billion |
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Forecast Year Market Size (2035) |
~ USD 15 Billion |
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Regional Scope |
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Growth Drivers
Growing Prevalence of Chronic Diseases – High dietary fiber intakes seem to dramatically reduce the risk of chronic diseases. According to the World Health Organization, noncommunicable diseases (NCDs) account for 41 million annual fatalities, or 74% of all fatalities worldwide. Before the age of 70, 17 million individuals per year pass away from an NCD.
Increasing Awareness of Health Maintenance– Growing concern about health has increased the consumption of dietary fibers. Almost 60% of consumers believe that the pandemic has made them more conscious of the need to maintain a healthy lifestyle in order to prevent health issues; this is expected to be a long-lasting change.
Growing Use of Sports Nutrition & Nutraceutical – Nutraceutical foods fall under the category of dietary fiber which is expected to boost the market growth. Over 150 million people in India alone have made the conscious decision to include the use of nutraceuticals in their everyday lives.
Rising Importance of Beta-Glucan– A particular type of soluble dietary fiber is beta-glucan. It is available in supplements as well. Around 8 weeks of daily intake of 3 grams of beta-glucan reduced total cholesterol by almost 9% and LDL cholesterol by 15%.
Rising Consumption of Dietary Supplements– dietary fibers are used in dietary supplements and especially fiber-based supplements, such as psyllium, Metamucil, Citrucel, and others. There is 77 percent of people say they take dietary supplements. Also, out of all the age categories, adults between the ages of 35 and 54 use dietary supplements the most.
Challenges
The global dietary fibers market is segmented and analyzed for demand and supply by type into soluble, and insoluble. Out of the two types of dietary fibers, the insoluble segment is estimated to gain the largest market share in the year 2035. The growth of the segment can be attributed to the increasing problems of constipation and hemorrhoids. Insoluble fibers are beneficial in preventing constipation by speeding up waste processing and reducing blockage. Moreover, it prevents the development of small folds and hemorrhoids in the colon. Approximately 16 out of 100 people in the US experience constipation problems. Moreover, around 33 out of 100 persons 60 and older have constipation-related symptoms. Furthermore, roughly three out of every four adults can get hemorrhoids occasionally.
The global dietary fibers market is also segmented and analyzed for demand and supply by raw material into fruits & vegetables, nuts & seeds, and cereals & grains. Amongst these three segments, the cereals & grains segment is expected to garner a significant share in the year 2035. The growth of the segment is expected on the account of higher consumption of fiber from cereals and grains, followed by rising production of cereals. Intake of fiber from cereal foods is the highest in the globe, supplying around 32 to 49% of the total in the United States and Europe, respectively. Moreover, around 89% of all cereal production globally is made up of wheat, rice, and maize.
Our in-depth analysis of the global dietary fibers market includes the following segments:
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By Raw Material |
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By Type |
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By Application |
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The North American dietary fibers market, amongst the market in all the other regions, is projected to hold the largest market share of about ~35% by the end of 2035. The growth of the market can be attributed majorly to the increasing awareness about health and rising cases of chronic diseases which in turn is expected to boost the demand for dietary fibers. Dietary fibers are beneficial in chronic disease management. Every sixth adult in America, according to the Centers for Disease Control and Prevention, has a chronic illness. In addition, 4 out of 10 adults have two or more chronic conditions. Furthermore, since the pandemic started, about 7 in 10 people are more conscious of how they treat their bodies. Furthermore, roughly 6 in 10 people are now aware of the benefits of leading a healthy lifestyle and eating well.
The Asia Pacific dietary fibers market, amongst the market in all the other regions, is projected to hold the second largest share during the forecast period. The growth of the market can be attributed majorly to the rising digestive issues in the region. Around 13% of adult Indians report having severe constipation, which affects about 22% of the population overall. Moreover, roughly 6% of Indians experience constipation linked to specific comorbidities. Furthermore, the growth of the market in the region is also expected on the account of high consumption of grain-based fibers. China's consumption of important grain crops has increased during the previous 20 years, going from less than 400 million metric tonnes annually to somewhere around 750 million tonnes.
Further, the market in Europe, amongst the market in all the other regions, is projected to hold a notable share by the end of 2035. The market growth of the segment is expected on the back of major dietary fiber manufacturers in the region. For instance, in July 2021, Cargill, Incorporated, a major player in the sugar-reduction market, entered the market of soluble fiber in Poland with an investment of USD 45 million. Moreover, rising health awareness among people and growing consumption of fruits and vegetables are also expected to boost the market growth.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Ans: Rising demand for dietary supplements, increasing prevalence of chronic diseases, and rising beneficial of beta-glucan are the major factors driving the market growth.
Ans: The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023 – 2035.
Ans: Side effects of overconsumption of dietary fibers, stringent government regulations the production and allergy caused by gluten are estimated to be the growth hindering factors for the market expansion.
Ans: The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Ans: The major players in the market are Emsland Food Group, Cargill, Incorporated, Kerry Group plc., The Green Labs LLC, Nexira, Farbest Brands, J. RETTENMAIER & SOHNE GmbH + Co KG, Taiyo International, Beneo GmbH., and AGT Food and Ingredients Inc.
Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by raw material, type, application, and by region.
Ans: The insoluble segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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