Thus rising demand for healthy and nutritious products is expected to drive the demand of insoluble dietary fibers across the globe.
Valley Cottage, NY -- (SBWIRE) -- 09/16/2016 -- Dietary fibers are the indigestible part of the food derived from the plant. Dietary fibers are further segmented as soluble dietary fibers and insoluble dietary fibers. The soluble dietary fibers can easily dissolve in water. Moreover its components can be transformed into byproducts. Insoluble dietary fibers are fermented and are generally transformed into bulking fiber. Insoluble dietary fiber, owing to its high water absorption properties are mainly applicable for functional-food products, feed industries, and pharmaceutical industries. Thus rising demand for healthy and nutritious products is expected to drive the demand of insoluble dietary fibers across the globe.
Insoluble Dietary Fiber Market Segmentation
On the basis of type the insoluble dietary fiber can be segmented as cellulose, hemicellulose, chitin & chitosan, lignin, fiber/bran, resistant starch and others. Among all these segment cellulose expected to account for the major market share followed by hemicellulose. Easily water soluble properties of cellulose coupled with high availability of resources from which cellulose can be derived is supporting the growth of cellulose across the globe. Moreover, fibre/bran which is primarily derived from cereals & grains, fruits & vegetables, husk & grasses is also expected to record a sustainable growth during the forecast period.
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Insoluble dietary fiber can also be segmented on the basis of end use segment. This includes functional food, feed industries and pharmaceutical industries. Among all these end use segment functional food is expected to account for the major share followed by pharmaceutical industry. Rising awareness among the consumer for food products with health benefits is expected to support the growth of insoluble dietary fiber through functional food during the forecast period. Moreover increased intervention of feed industry, as the consumer around the globe is looking forward for good quality of edible food product is expected to support the demand of insoluble dietary through feed industry.
On the basis of geography, globally North America is expected to contribute to the highest in terms of market share in insoluble dietary fiber market followed by Europe. In North America, United States is the major contributor for insoluble dietary fiber market followed by Canada. Owing to increasing health consciousness coupled with increased obesity level among the people, the demand for insoluble dietary fiber is expected to increase in the region. In Europe, countries such as Germany and France collectively account for the largest market share followed by United Kingdom. Whereas, Asia pacific is concerned it is expected to register a double digit CAGR growth by 2020. In Asia pacific region China is expected to be the most dominant market for insoluble dietary followed by Japan. Rising awareness among the consumer for healthy lifestyle through various government educational campaign is fuelling the growth of insoluble dietary fiber across the region during the forecast period. Moreover increased consumption of meat and poultry products is also fuelling the growth of insoluble dietary fiber across Asia Pacific region.
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Insoluble Dietary Fiber Market Drivers
The rising demand for functional foods coupled with increasing health consciousness among the people in developed economies is supporting the growth of insoluble dietary fiber market during the forecast period. In emerging economies, rising disposable income and growing awareness of consumers through various government campaigns is fueling the growth of insoluble dietary fiber. In addition, rising prevalence of several health disorders such as including coronary heart disorder, diabetes, gastro-intestinal troubles, obesity, and cholesterol and others are shifting consumer preference towards intake of product with high health-benefits– thus, driving the demand for insoluble dietary fibers in the next five to six years.
Insoluble Dietary Fiber Market: Key Players
The key international players operating in insoluble dietary fiber market includes Roquette Frères, Archer Daniels Midland Company, Tate & Lyle PLC, Südzucker A.G., Cargill, Inc., E. I. DuPont de Nemours and Company , Sunopta Inc. and others.