Top 10 Global Dietary Fibers Market Trends in 2024; Explore More With Spherical Insights
According to a report by Spherical Insights & Consulting, the Global Dietary Fibers Market is projected to expand from USD 6.9 billion in 2022 to USD 17.3 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 9.6% over the forecast period. This growth is driven by increasing consumer awareness of the health benefits of dietary fibers—such as weight management, blood sugar control, and enhanced gut health—as well as the rising incidence of lifestyle-related diseases like obesity, diabetes, and cardiovascular conditions.
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Dietary fibers, essential for digestive health, are extracted from various sources using methods such as wet and dry processing, chemical, gravimetric, physical, enzymatic, and microbial techniques. These plant-based substances, found in fruits, vegetables, and whole grains, are integral to functional foods and dietary supplements. The market for dietary fiber supplements is expected to grow significantly due to rising consumption driven by an aging population, increasing lifestyle-related diseases, and escalating healthcare costs.
Browse key industry insights spread across 200?pages with 130?market data tables and figures & charts from the report on?"Global Dietary Fibers Market Size, Share, and COVID-19 Impact Analysis, By Type (Soluble, Insoluble), By Source (Cereals & Grains, Fruits & Vegetables, Legumes, Nuts & Seeds), By Application (Functional Food & Beverages, Pharmaceuticals, Feed, Nutrition, and Other), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032."?
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The soluble fiber segment is projected to maintain the largest market share in the global dietary fibers market throughout the forecast period.
This dominance is driven by increasing demand for functional foods and dietary supplements that feature soluble fibers, which are known for their benefits in weight management, blood sugar control, and cholesterol reduction.
Additionally, the cereals and grains segment is expected to hold the largest market share based on source during the study period.
Cereals and grains are the most prevalent sources of dietary fiber and are extensively incorporated into various food products, including breakfast cereals, bread, and pasta.
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The functional food and beverages segment is anticipated to dominate the global dietary fibers market throughout the forecast period.
This segment leads due to the rising demand for foods and beverages fortified with dietary fibers that offer additional health benefits. Additionally, the pharmaceuticals segment is projected to experience the fastest growth rate, driven by the increasing use of dietary fibers in the formulation of medicines and supplements.
North America is expected to hold the largest share of the global dietary fibers market during the projected period.
North America currently holds the largest share of the global dietary fiber market, driven by increasing awareness of the health benefits of dietary fiber, a growing demand for functional foods and fiber-enriched dietary supplements, and a high prevalence of chronic diseases like diabetes and cardiovascular conditions. In contrast, the Asia-Pacific region is projected to grow at the fastest rate due to rising demand for dietary fibers in rapidly developing countries with large populations, such as China and India. Both governments are actively promoting the health benefits of dietary fiber, which is expected to open new opportunities for dietary fiber manufacturers globally.
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Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Dietary Fibers Market based on the below-mentioned segments:
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Global Dietary Fibers Market, By Type
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Global Dietary Fibers Market, By Source
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Global Dietary Fibers Market, By Application
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Global Dietary Fibers Market, Regional Analysis
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