Rising Demand of F&B Industry to Boost Insoluble Dietary Fibers Market Growth

 

Insoluble Dietary Fibers Market

Insoluble dietary fibers market is segmented by source (fruits & vegetables, cereals & grains, and others), application (functional food and beverages, pharmaceuticals, and animal feed) and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Size, Share, Outlook, and Opportunity Analysis, 2023-2030

The global Insoluble dietary fibers market is estimated to be valued at reach US$ 2,200 Million in 2022 and is expected to exhibit a CAGR of 9.2 % over the forecast period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Insoluble dietary fiber aids in the food passage more rapidly from the stomach and intestines. Insoluble dietary fiber appeals water into the stool, making it softer and comfortable to pass with less stress on the bowel. Insoluble dietary fiber can assist endorse bowel health and uniformity. It also assists insulin sensitivity, and such as soluble fiber, may assist to decrease the threat for mellitus. Insoluble Dietary fiber can do many things to assist immune health, which scientists are progressively learning mimics a vital part in various health problems from the body.

Competitive Landscape:

Key players involved in the growth of global insoluble dietary fibers market are Ingredion Incorporated, InterFiber, Cargill, Incorporated and Grain Processing Corporation.

Market Key Drivers:

Increasing demand of dietary supplements due to transforming lifestyles and also the product developments. This is expected to augment the growth of the global insoluble dietary fibers market. For instance, as per NIH around 77% of US population consume one kind of dietary supplement daily.

Rising demand from Food& Beverage Industry is projected to propel the growth of global insoluble dietary fibers market. For instance, the Food& Beverage industry is projected to be valued at US$ 2.7 Trillion by 2026.

Covid-19 Impact Analysis:

The Covid-19 outbreak had positively affect the growth of global insoluble dietary fibers market. The rise pandemic had led to the shift of people of towards consuming healthy food. The strict lockdown, shutdown and social distancing measures has transformed people towards eating home based food which has propelled the market growth.

Key Takeaways:

The global insoluble dietary fibers market is anticipated to exhibit a CAGR of 9.2 % during the forecast period due to rise in consumption and sales of cellulose. For instance, the sales of cellulose was around 74 kilo tonnes in 2019. 

Among regions, North America, Europe, and Asia Pacific are expected to witness robust growth in the global insoluble dietary fibers market due to rise in supply of cereals and food grains, increasing regulatory approvals and launches, strict measures, rising demand of F&B industry, increasing consumption of dietary supplements. For instance, as per FAO the sales of cereals and grains surpassed 90 kilo tonnes in 2019 in the regions of China and India.