DIETARY FIBERS MARKET ANALYSIS

Regional Analysis

Market Regional Insights:

• Asia Pacific held the largest market share and accounted for over 43% share of the global dietary fibers market in 2023. Countries such as China, Indonesia, and Japan are expected to be the leading producers of foods and beverages during the next few years. Promising trends in the food & beverage industry in the Asia Pacific region are estimated to spur the demand for dietary fibers during the forecast years.
• North America accounted for 24% of the market share in 2023. North America was the largest market for immunity-boosting and health-enhancing products in 2023. Nutritional care has witnessed a major evolution in the region, with consumers becoming highly aware of packaged food products' ingredients. The new trending diets and lifestyles adopted by the people in the North America region have rendered the consumption of dietary fibers highly significant.
• Europe accounted for 18% of the market share in 2023. Increased online product delivery services across developed countries in Western Europe including Italy, the U.K., Germany, France, and Spain will positively influence the market growth in the region.

Figure 1. Global Dietary Fibers Market Share (%), By Region, 2023