Global Sales of Dietary Fibers Is Anticipated To Surpass A Valuation of US$ 20 Billion by 2032

The global Sales of dietary fibers market is valued at US$ 7.7 Billion in 2022 and is projected to exhibit expansion at a stellar CAGR of 10% over the next ten years. The market is anticipated to surpass a valuation of US$ 20 Billion by the end of 2032.

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A significant shift from pharmaceutical to nutraceuticals products among consumers and rising investments in the pharmaceutical industry are the factors anticipated to augment demand during the forecast period. Additionally, increasing consumer awareness regarding the importance of maintaining a healthy diet which is leading to an active lifestyle by controlling lifestyle diseases such as hypertension, diabetes, and cardiovascular diseases among other key benefits may foster market growth.

Competitive Landscape

Top companies in the Dietary Fibers market are focusing on advancing their research and fast-tracking the development of new Dietary Fibers to launch new products and gain a competitive advantage over other market players.

• In September 2020, Batory Foods entered into an agreement with BioHarvest Sciences Inc., a developer of patent-protected and proprietary Biofarming technology. The agreement was signed exclusively to enter the US Edible Market and US Nutraceuticals Market so as to strategically diversify Batory Foods' product portfolio.

• Cargill, Inc. invested about US$ 35 Million in Europe in October 2019 to expand its current product line of sweeteners, starches, and texturizers to include soluble dietary fibres. This strategic project is the company's first foray into soluble dietary fibres in Europe, and it was launched to give on-trend solutions to makers of high-quality products such as bakery & confectionery goods, cereals, and dairy products.

Key Companies Profiled:
• BENEO
• Lonza
• DuPont de Nemours, Inc.
• Archer Daniels Midland Company (ADM)
• Batory Foods
• Ingredion Incorporated
• Roquette Freres
• PURIS
• Tate & Lyle
• Emsland Group
• Cargill, Incorporated
• Kerry Inc.

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"Increasing in Demand for Dietary Fibers"

The increasing demand for dietary fibers is driven by a number of factors. First, the growing awareness of the health benefits associated with dietary fiber consumption has led to an increased demand for products that contain dietary fiber.

Consumers are increasingly looking for foods that are high in fiber, such as whole grains, fruits, vegetables, and legumes. Additionally, the rising prevalence of chronic diseases such as obesity and diabetes has led to an increased focus on dietary fiber as a way to improve overall health.
Furthermore, the growing popularity of plant-based diets has also contributed to the increasing demand for dietary fibers. Plant-based diets are typically high in fiber and provide numerous health benefits. As more people become aware of the benefits of plant-based diets, they are increasingly looking for products that contain dietary fiber.

Finally, the increasing availability of dietary fiber supplements has also contributed to the rising demand for dietary fibers. Dietary fiber supplements provide an easy and convenient way to increase one's daily intake of dietary fiber. As more people become aware of the benefits associated with dietary fiber consumption, they are increasingly turning to supplements as a way to increase their daily intake.

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Key Segments :

• By Product Type :

o Insoluble
 Cellulose
 Hemicelluloses
 Chitin & Chitosan
 Lignin
 Oat Bran
 Wheat Fiber
 Others

o Soluble
 Inulin
 Pectin
 Beta-Glucan
 Corn Fibers
 Others

• By Application :

o Food & Beverages
o Pharmaceuticals
o Animal Feed
o Others

• By Raw Material :

o Fruits & Vegetables
o Cereals & Grains
o Nuts & Seeds
o Legumes

Questionnaire answered in the report include:

• How the industry has grown?
• What is the present and future outlook on the basis of region?
• What are the challenges and opportunities?
• Why the consumption in region?
• In which year segment is expected to overtake segment?

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