Dietary fibers refer to the portion of plant-derived food that is not digested by human enzymes. They play an important role in promoting digestion, maintaining bowel regularity and improving heart health. In 2023, there has been a notable rise in lifestyle diseases such as diabetes, high cholesterol, and obesity. As a result, consumers are increasingly adopting a healthier diet rich in dietary fibers to manage chronic conditions. Growing health consciousness and shifting preferences towards natural ingredients are propelling the demand for dietary fibers globally. The market is expected to witness significant growth in the near future owing to rising awareness about the various functional benefits of fibers. Dietary fibers help to reduce the risk of heart diseases, obesity, diabetes, and some gastrointestinal disorders. Emerging economies represent lucrative opportunities for manufacturers due to improving disposable incomes and lifestyle changes. Advancements in functional food technology along with rising applications in food & beverage industry have further augmented the demand for dietary fibers globally.

Market Dynamics:

Global dietary fibers market is driven by factors such as increasing cases of gastrointestinal disorders, cardiovascular diseases, and obesity. Expanding functional food and beverages industry along with favorable regulatory framework and labeling requirements promoting fiber content are creating new opportunities. However, high production costs and complex extraction processes continue to restrain the market growth. Key market players are launching innovative product formulations containing novel fiber blends to cater to dynamic consumer preferences. There is also a rising demand for gluten-free and plant-based dietary fiber ingredients.

Key Features of the Study:

• This report provides an in-depth analysis of the market, and provides market size (US$ Bn& KT) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Cargill, Incorporated, Archer Daniels Midland, and Ingredion Incorporated, E. I. du Pont de Nemours and Company, Tate & Lyle PLC, SunOpta Inc., Suedzucker AG Company, Grain Processing Corporation, J. RETTENMAIER & SÖHNE GmbH & Co KG, and Roquette Frères S.A.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up gradation, market expansion, and marketing tactics.
• The market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.

Detailed Segmentation:

• By Source
  • Cereals & Grains
    • Wheat
    • Rice
    • Brans
    • Others
  • Fruits & Vegetables
    • Apples
    • Others
  • Others
• By Type
  • Soluble Dietary Fibers
    • Inulin
    • Polydextrose
    • Pectin
    • Beta- Glucan
    • Others
  • Insoluble Dietary Fibers
    • Cellulose
    • Hemicellulose
    • Chitin
    • Chitosan
    • Lignin
    • Resistant Starch
    • Others
• By Application
  • Functional Foods & Beverages
  • Animal Feed
  • Pet Food
  • Pharmaceuticals
• By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Top Companies in this Market
  • Cargill, Incorporated
  • Archer Daniels Midland
  • Ingredion Incorporated
  • I. du Pont de Nemours and Company
  • Tate & Lyle PLC
  • SunOpta Inc.
  • Suedzucker AG Company
  • Grain Processing Corporation
  • RETTENMAIER & SÖHNE GmbH & Co KG
  • Roquette Frères S.A