Market Trends of Insoluble Dietary Fibers Industry
This section covers the major market trends shaping the Insoluble Dietary Fibers Market according to our research experts:
Increased demand for insoluble dietary fiber supplements
Trends in population demographics are in the surge of dietary supplements of insoluble fiber due to the increase in the number of elderly and the desire for an improved quality of life, as well as increasing health disorders such as obesity, cholesterol, diabetes, diverticular diseases across the globe which can be cured by the increased usage of dietary fibers, thus drive the market growth globally. Also, government initiatives have paired with the researches to spread awareness among people regarding its consumption quantity and its benefits. For instance, the Food and Nutrition Board (FNB) has given adequate limits on intake based on age and gender to keep the nutrient levels inside the body. Other regulatory bodies supporting the market progress include the Food & Drug Administration (FDA), the United States Department of Agriculture (USDA), and the Canadian Food Inspection Agency (CFIA).
North America to Drive the Market
Countries in the North American region, mainly the United States and Canada dominate the market share owing to the increase in intake of supplements based on insoluble dietary fibers and its use as an ingredient in most of the functional food and beverages. Besides all these beneficial factors it provides, government initiatives have fueled the market growth. For instance, FDA under U.S. Nutritional facts label in 2016 have mandated to prove the physiological benefits of the products mentioned under 'dietary fiber' by the manufacturers, which influences them to evaluate and purify their products that leads to enhanced product development.
