The dietary fibers market is projected to grow at a CAGR of 11.6% from 2017 to 2022, to reach USD 6.50 Billion by 2022.
Seattle, WA -- (SBWIRE) -- 07/19/2017 -- The report "Dietary Fibers Market by Type (Soluble, Insoluble), Application (Functional Food & Beverages, Pharmaceuticals, Animal Feed), Source (Cereals & Grains, Fruits & Vegetables, Legumes), and Region - Global Forecast to 2022", The dietary fibers market is projected to reach a value of USD 6.50 Billion by 2022, at a CAGR of 11.6% from 2017 to 2022. The market is driven by factors such as increase in demand for functional foods and initiatives undertaken by the government and regulatory bodies to increase consumer awareness related to food & beverages supplements.
Browse 87 Market Data Tables and 41 Figures spread through 197 Pages and in-depth TOC on "Dietary Fibers Market - Global Forecast to 2022"
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"The soluble dietary fibers market is projected to be the fastest-growing market during the period 2017 to 2022"
There is an extensive use of soluble dietary fibers in the bakery & confectionery industry, to fortify bakery products with dietary fibers to increase the nutritional value of the food items such as bread, tortillas, pastas, nutritional bars, and weight management supplements. The inulin segment, as a type of soluble dietary fibers, accounted for the largest market share in 2016. Inulin is extensively used as a food additive to enhance flavor and acts as a replacer of fats & sugar in various food applications.
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"The cereals & grains segment accounted for the second-largest share in the dietary fibers market in 2016"
On the basis of source, the cereals & grains segment accounted for the second-largest share in the dietary fibers market in 2016. The availability of cereals & grains as raw materials for producing dietary fibers is high as compared to other sources such as legumes, and the high yield of dietary fiber from cereals & grains such as wheat, rice, oat bran, and corn contributed to its largest market share in the dietary fibers market.
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"North America dominated the dietary fibers market in 2016"
The North American region accounted for the largest share in the dietary fibers market in 2016. This can be attributed to the increase in demand for various dietary fiber- fortified products in the U.S. and Canada. Consumer awareness related to dietary supplement consumption in this region is high, which contributed to its largest market share in this market.
This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Cargill (U.S.), E. I. du Pont de Nemours and Company (U.S.), Ingredion Incorporated (U.S.), Roquette Frères S.A. (France), Nexira SAS (France), Archer Daniels Midland Company (U.S.), Tate & Lyle PLC (U.K.), Kerry Group plc (Ireland). Grain Processing Corporation (U.S.), J. RETTENMAIER & SÖHNE GmbH & Co KG (Germany), Südzucker AG (Germany), and Lonza Group AG (Switzerland).