Global Food Fiber Market Size By Type (Soluble Fibers, Insoluble Fibers), By Application (Bakery and Confectionery, Beverages), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Food Fiber Market Size By Type (Soluble Fibers, Insoluble Fibers), By Application (Bakery and Confectionery, Beverages), By Geographic Scope And Forecast
Food Fiber Market Size And Forecast
Food Fiber Market size was valued at USD 5.95 Billion in 2021 and is projected to reach USD 8.79 Billion by 2030, growing at a CAGR of 5.80% from 2023 to 2030.
The major factors driving the market of food fibers are increased demand for dietary supplements and functional food and beverage products, rising awareness about the health benefits of food fibers, changing lifestyle of consumers impacts eating habits, and rising disposable income. The Global Food Fiber Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Food Fiber Market Definition
Food fibers are a set of selected compounds that are derived from plant-based foods and they help keep the risk of heart diseases, stroke, and diabetes low as well as help in improving the health of the skin and reducing weight. The Food fibers can’t be easily broken down and hence pass through the human body indigested, keeping the digestive system clean and healthy, easing bowel movements, and flushing cholesterol and harmful carcinogens out of the body. They come in two forms Soluble and insoluble.
Research states that more than half of consumers worldwide are now trying to increase the fiber intake in their food. This has prompted manufacturers to fortify the higher-value products, like crisps, puffs, and flakes, along with dietary fibers. Key players are increasingly preferring fibers from various sources, such as chicory root, asparagus, carrots, Jerusalem artichoke, jicama, leeks, and whole grains, to develop fortified food products with high-fiber content and fiber-based supplements categorized under the functional food industry.
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Global Food Fiber Market Overview
The awareness regarding the health benefits of food fibers has regulated and increased the consumption of food fibers in past few years. A few of the major factors driving the market of food fibers are increased demand for dietary supplements and functional food and beverage products, rising awareness about the health benefits of food fibers, changing lifestyle of consumers’ impacts eating habits, and rising disposable income. Food fiber is extremely helpful in providing health benefits like controlling cholesterol and sugar levels, reducing the risk of heart diseases, normalized bowel movements,s and reducing hypertension and obesity.
Eating more fiber is linked to lower risk of heart disease. That's why food companies are adding fiber to processed foods like cereals and snacks. Another type of fiber called prebiotics is becoming more popular, which is also driving up demand for soluble fiber. Fiber is not only good for your heart, it's also great for your digestive system and can help you lose weight. In fact, fiber has a lot of other health benefits, too. It can help control blood sugar in people with diabetes and prevent stomach ulcers and heartburn. It can also help with constipation and hemorrhoids. Because of all these benefits, the global food fiber market is growing. It's a great opportunity for companies that make food with fiber.
Hey, there's some interesting stuff going on in the food fiber market. Firstly, people are changing their lifestyles and eating habits, and one result is a growing interest in fiber. This is because people are becoming more aware of the health benefits of fiber. And guess what? The world's getting richer, so folks have more money to spend on foods that are good for them, including those high in fiber. Now, let's talk about COVID-19. It's definitely had a big impact on the world, but in a strange way, it's actually boosted the food fiber market. That's because during the pandemic, people have become even more concerned about their health and are looking for foods that can help strengthen their immune systems. Value-added foods, such as those with added fiber, have become a go-to choice. So, all in all, the food fiber market is on a roll!
Global Food Fiber MarketSegmentation Analysis
The Global Food Fiber Market is segmented on the basis of Type, Application, and Geography.
Food Fiber Market, By Type
Soluble Fibers
Insoluble Fibers
The types of fiber in the market are divided into Soluble Fiber and Insoluble Fiber. Soluble fiber sales might grow a bit slower until 2022, but it should still bring in the most revenue in the global market. However, its share of the market is predicted to go down in the coming years. Insulin, on the other hand, has a bigger market share than other products, except for soluble corn fiber. Insulin sales are also expected to grow steadily in the coming years. As the second-largest market share, insulin could be a more profitable investment in the future.
Food Fiber Market, By Application
Dairy
Meat, Poultry, and Seafood
Bakery and Confectionery
Beverages
RTE Products
Based on Application, The market is bifurcated into Dairy, Meat, Poultry, and Seafood, Bakery and Confectionery, Beverages, and RTE Products. The bakery and confectionery segment is expected to register the highest CAGR through 2022. The segment not only outruns other segments in terms of sales expansion but is also expected to dominate the global market with a high market share by 2022 end.
Food Fiber Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
Different parts of the world have different food trends. For example, in Europe and North America, people are eating less healthy foods like whole grains, beans, fruits, and vegetables. Instead, they're eating more processed foods. And, because people want to eat healthier, they're looking for foods with added fiber. In the United Kingdom, a group called the Food Standards Agency (FSA) has approved the use of inulin as a fiber in food. This means that food companies can now add inulin to their products and call it "fiber." This is good news for people who want to eat more fiber, because inulin is a type of fiber that can help to improve gut health. Food companies are now starting to add inulin and other fibers to their products and labeling them as "rich in fiber," "fibers added," or "enhanced with fiber." This is a great way to help people get more fiber in their diet.
Key Players
The “Global Food Fiber Market” study report will provide useful insight with an emphasis on the global market. The major players in the market are Cargill Incorporated, Roquette Freres SA, Du Pont, Kerry Group PLC, Tate & Lyle PLC, Ingredion Incorporated, Archer Daniels Midland Company, Sudzucker AG, SunOpta Corporation, and Grain Processing Corporation.The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the aforementioned competitors internationally.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2030
BASE YEAR
2021
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2018-2020
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Cargill Incorporated, Du Pont, Roquette Freres SA, Kerry Group PLC, Tate & Lyle PLC, Archer Daniels Midland Company, Ingredion Incorporated.
SEGMENTS COVERED
By Type
By Application
By Geography
CUSTOMIZATION SCOPE
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