Market Size of Insoluble Dietary Fibers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 7.80 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Insoluble Dietary Fibers Market Analysis
The global insoluble dietary fibers market is growing at a CAGR of 7.8% during the forecast period (2020 -2025).
- The market is driven by the rising demand for functional foods due to health-consciousness. Also, stimulating government health programs and prolonged researches to spread consumer awareness regarding the benefits of functional food and its potential to reduce the risk of major disorders such as cardiovascular disease (CVC), cancer and osteoporosis have further boosted the market growth.
- Also, new launches with formulations and the enhanced product have fueled the market growth. For instance, Ingredion Incorporated, in 2017 launched a new range of insoluble dietary fiber 'Novelose' for fiber fortification & calorie reduction in pastas, baked goods, noodles, and extruded products with lower impact on product texture, color and flavor and in 2018 launched 'Potex and Potex Crown' insoluble dietary fibers which find application in bakery, meat, and savory products, and can absorb water up to 12 times their own weight which helps it to increase juiciness of meats or add moisture to baked goods.
- Geographically, United States in North American region accounts for the largest share in the market, followed by Canada, owing to the increasing demand and health awareness of insoluble fiber supplements. In Europe, Germany and France collectively accounts for a considerable share in the market, which is followed by the Asia Pacific region where China and Japan are leading the market.
Insoluble Dietary Fibers Industry Segmentation
Global insoluble dietary fibers market has been segmented by the source which includes fruits & vegetables, cereals & grains, and others. On the basis of application, the market is segmented as functional food and beverages, pharmaceuticals, and animal feed. The report further analyses the global scenario of the market in the regions of North America, Europe, Asia-Pacific, South America and, the Middle East and Africa.
By source | |
Fruits & Vegetables | |
Cereals & Grains | |
Others |
By application | |
Functional food and beverages | |
Pharmaceuticals | |
Animal feed |
Geography | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
Insoluble Dietary Fibers Market Size Summary
The global insoluble dietary fibers market is experiencing significant growth, driven by an increasing demand for functional foods as consumers become more health-conscious. This trend is further supported by government health initiatives and ongoing research aimed at raising awareness about the benefits of functional foods, which are known to mitigate the risk of major health disorders such as cardiovascular diseases, cancer, and osteoporosis. The market is also witnessing a surge in new product launches and innovative formulations, such as Ingredion Incorporated's introduction of 'Novelose' and 'Potex' fibers, which enhance food products without compromising texture, color, or flavor. Geographically, North America, particularly the United States and Canada, holds a dominant position in the market due to heightened health awareness and demand for insoluble fiber supplements. Europe, with Germany and France, and the Asia Pacific region, led by China and Japan, also contribute significantly to the market's expansion.
The market for insoluble dietary fibers is further propelled by demographic trends, such as an aging population and the prevalence of health issues like obesity, cholesterol, and diabetes, which can be alleviated through increased fiber intake. Government initiatives and regulatory bodies, including the Food and Nutrition Board, FDA, USDA, and CFIA, play a crucial role in promoting awareness and setting intake guidelines. The competitive landscape of the market is characterized by numerous domestic and multinational companies, with innovation in product development being a key strategy. Companies like Cargill, Incorporated, Grain Processing Corporation, Ingredion Incorporated, and InterFiber are actively engaged in mergers, expansions, acquisitions, and partnerships to strengthen their market presence. These factors collectively contribute to the robust growth and dynamic nature of the insoluble dietary fibers market.
Insoluble Dietary Fibers Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Drivers
-
1.2 Market Restraints
-
1.3 Porter's Five Forces Analysis
-
1.3.1 Threat of New Entrants
-
1.3.2 Bargaining Power of Buyers/Consumers
-
1.3.3 Bargaining Power of Suppliers
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 By source
-
2.1.1 Fruits & Vegetables
-
2.1.2 Cereals & Grains
-
2.1.3 Others
-
-
2.2 By application
-
2.2.1 Functional food and beverages
-
2.2.2 Pharmaceuticals
-
2.2.3 Animal feed
-
-
2.3 Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
2.3.1.4 Rest of North America
-
-
2.3.2 Europe
-
2.3.2.1 Spain
-
2.3.2.2 United Kingdom
-
2.3.2.3 Germany
-
2.3.2.4 France
-
2.3.2.5 Italy
-
2.3.2.6 Russia
-
2.3.2.7 Rest of Europe
-
-
2.3.3 Asia Pacific
-
2.3.3.1 China
-
2.3.3.2 Japan
-
2.3.3.3 India
-
2.3.3.4 Australia
-
2.3.3.5 Rest of Asia-Pacific
-
-
2.3.4 South America
-
2.3.4.1 Brazil
-
2.3.4.2 Argentina
-
2.3.4.3 Rest of South America
-
-
2.3.5 Middle East and Africa
-
2.3.5.1 South Africa
-
2.3.5.2 United Arab Emirates
-
2.3.5.3 Rest of Middle East and Africa
-
-
-
Insoluble Dietary Fibers Market Size FAQs
What is the current Insoluble Dietary Fibers Market size?
The Insoluble Dietary Fibers Market is projected to register a CAGR of 7.80% during the forecast period (2024-2029)
Who are the key players in Insoluble Dietary Fibers Market?
Cargill, Incorporated, Grain Processing Corporation, Ingredion Incorporated, InterFiber and J. Rettenmaier & Söhne GmbH + Co KG are the major companies operating in the Insoluble Dietary Fibers Market.