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Global Insoluble Dietary Fibers Market is expected to grow at a CAGR of 9.6% during the forecast period from 2019-2026

Global Insoluble Dietary Fibers Market is expected to grow at a CAGR of 9.6% during the forecast period from 2019-2026

 

 
As per the report published by Fior Markets ,the global insoluble dietary fibers market is expected to grow from USD 1.84 Billion in 2018 to USD 3.84 Billion by 2026, at a CAGR of 9.6% during the forecast period from 2019-2026.The North America region led the global insoluble dietary fibers market with a market share of 32.14% in 2018 owing to the significant rise in the number of health-conscious consumers in the region. Asia Pacific is expected to be the fastest growing region during the forecast period. China, India, Japan, and Australia are the key markets in the Asia Pacific region. These countries have vast agricultural areas and produce high-fiber grains and cereals such as oats and barley, the primary raw materials for dietary fiber ingredients.

"Insoluble Dietary Fibers Market by Type (Cellulose, Hemicellulose, Chitin & Chitosan, Lignin, Fiber/Bran, Resistant Starch and Others), Application, Regions",and Global Forecast 2019-2026.

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Major players in the global insoluble dietary fibersmarket are Advocare International, L.P., Barndad Innovative Nutrition, Cargill, Grain Processing Corporation, Ingredion Incorporated, J. Rettenmaier&SneGmbh + Co Kg, Nexira, Roquette Frères and Unipektin Ingredients AG among others.Dietary fiber is the part of plant-based food that mostly passes through the digestive system without breaking down or being digested. There are two types of fiber: soluble and insoluble fiber. Insoluble fiber does not dissolve in water. It includes plant cellulose and hemicellulose.Changes in lifestyles and lack of time have resulted in high consumption of functional foods, in countries around the world especially in Asia. With an increase in workload, busy lifestyles and an increase in the number of working women, the time and means to eat healthy food have reduced. This has led to increased demand for products that offer balanced nutrition. Thus, the consumer demand for functional foods, nutraceuticals, and supplements has been increasing. As insoluble dietary fibers form an essential ingredient in functional food products, their market is also increasing. However, time and investment required for regulatory approval are the major restraining factor for the insoluble dietary fiber market.

For instance, in june, 2018, Ingredion launched potato fibres for texture, yield and cost improvements in meat, bakery and savoury applications. The company introduced a new clean label potato fibre to its portfolio in order to bring increased functionality, quality and potential cost savings to manufacturers of bakery, savoury and meat products.Potex and Potex Crown potato fibres are designed to deliver appealing textures in processed meats and savoury applications and to boost the freshness of bakery items for optimal consumer appeal. The insoluble potato fibres can absorb and retain up to 12 times their own weight, enabling them to increase the juiciness of fresh and processed meats or add moisture to baked goods.With the introduction of Potex and Potex Crown potato fibres, they were able to strengthen their range of ingredients to support customers on their quest to manage costs and increase yield while maintaining the sensory appeal of new or reformulated products.

The type segment is divided into cellulose, hemicellulose, chitin & chitosan, lignin, fiber/bran, resistant starch and others. The cellulose segment emerged as the leader in the global insoluble dietary fibers market with a market share of around 29.24% in 2018.Cellulose is insoluble dietary fiber that is used in a wide variety of food applications, including meat products, poultry products and bakery products. In various types of bakery products, such as bread and tortillas, cellulose fibers with low water absorption capacity are mainly used to provide fiber enrichment. Cellulose with high water- and oil-holding capacity is used in processed meat to manage the moisture level. These are the major factors driving this increase in demand.The source segment includes cereals & grains, legumes, fruits & vegetables and other sources. The cereals & grains segment is anticipated to grow at the highest CAGR of around 10.2% over the forecast period. Grains, especially whole grains, contain a range of insoluble dietary fibres important for health and prevention of disease. Insoluble fibres such as lignins, cellulose and hemi-celuloses are found in most cereals, especially wheat bran, rice and maize which will boost the growth of insoluble dietary fibers market from the cereals & grains segment. The application segment includes functional food & beverages, pharmaceuticals, animal feed and pet food. The functional food & beverages segment is projected to grow at a higher CAGR of around 9.8%during the forecast period because consumption of extra insoluble dietary fibers with food leads to the prevention of health disorders such as constipation, hyperglycemia, obesity, and high cholesterol. Due to the increasing health concerns and changing diet patterns, insoluble dietary fibers have begun to form an integral part of processed and packaged food in a bid to meet nutritive requirements.

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Factors such as the awareness of the masses about the benefits of dietary fibers, are behind the growth of the global insoluble dietary fibers market. Moreover, the need to conduct regular tests and experiments on the sources of dietary fibers has also propelled the growths prospects of the global insoluble dietary fibers market.However, emerging market for synthetic dietary fiber supplements is expected to hamper the market growth.

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