Dietary Fibers Market , By Source (Cereals & Grains, Fruits & Vegetables, and Others), By Type (Soluble Dietary Fibers and Insoluble Dietary Fibers), By Application (Functional Foods & Beverages, Animal Feed, Pet Foods, and Pharmaceuticals), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Mar 2024

Code : CMI815

Pages :120

Formats :

Excel and PDF

Industry : Food Ingredients

Dietary Fibers MarketSize and Trends

Global dietary fibers market size is expected to reach US$ 15.84 Bn by 2031, from US$ 7.89 Bn in 2023, exhibiting a compound annual growth rate (CAGR) of 9.1% during the forecast period. Dietary fibers are ingredients present in the food products that encourage waste movement inside the body. The consumption of dietary fibers-based food products also reduces the risk of chronic diseases such as diabetes and cardiovascular disease by lowering the level of blood sugar in the body. Moreover, they also support weight management.

Market Trends:

Preference for clean label and natural ingredients: The clean label and natural ingredients trend has significantly influenced the market in recent years. Consumers have become increasingly conscious about the ingredients in their food and are preferring products with easy-to-understand labels highlighting only natural constituents. This preference for simplicity and transparency in food labeling is driving the demand for naturally-sourced dietary fibers that do not involve artificial processing and additives.

Manufacturers have taken note of this shifting sentiment and are reformulating their product lines to use more natural and organic dietary fibers. For example, oat fiber has gained immense popularity as a clean-label source of soluble fiber. Its soothing properties make it suitable for use in snack bars, breakfast cereals, yogurts, etc. According to the International Oat Association, worldwide production of oats increased by 2% in 2021 as compared to the previous year, indicating higher demand.

Rising demand for gluten free and sugar free products: The rising demand for gluten free and sugar free products is having a significant influence on the global dietary fibers market. More and more people are opting for healthier food options that help to manage their weight and promote overall wellness. This has increased the demand for fiber-rich foods across the world. Dietary fibers provide a feeling of fullness and help slowly down the digestion process which helps people to consume fewer calories and manage hunger pangs effectively.

This shift in consumer preference has led to innovations in product formulations and marketing strategies by food companies. According to a report provided by the WHO, worldwide obesity rates have nearly tripled since 1975 with over 650 million adults and 120 million children considered clinically obese. This underscores the need for a balanced, fiber-rich diet. The demand for gluten free and sugar free high fiber options is likely to grow further as more people adopt preventive healthcare approach through correct food habits.