Dietary Fiber Market Growth Driven by Health Trends, Set to Reach USD 33,098.0 Million by 2034

Dietary Fiber Market
Dietary Fiber Market

The global market for dietary fiber is expected to grow from USD 12,343.6 million in 2024 to USD 33,098.0 million by 2034. Global dietary fiber sales are expected to grow at a CAGR of 10.3% over the forecast period.

The global dietary fiber market is experiencing robust growth, propelled by increasing consumer awareness about health and wellness, advancements in food technology, and a rising demand for functional foods.

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Dietary fiber, an essential component of a healthy diet, is found in fruits, vegetables, grains, and legumes. It plays a crucial role in maintaining digestive health, regulating blood sugar levels, and reducing the risk of chronic diseases. The dietary fiber market encompasses various types, including soluble fiber (e.g., pectin, inulin) and insoluble fiber (e.g., cellulose, hemicellulose), used across multiple industries such as food and beverages, pharmaceuticals, and animal feed.

Demand Trends for Dietary Fiber Market:

The demand for dietary fiber is on an upward trajectory, driven by several factors:

  • Health Consciousness: Increasing awareness of the health benefits of dietary fiber, such as improved digestion and reduced risk of heart disease, is leading to higher consumption.
  • Aging Population: The growing elderly population, who are more prone to digestive and metabolic disorders, is boosting the demand for fiber-rich products.
  • Dietary Shifts: Rising popularity of plant-based diets and clean-label products is contributing to increased fiber intake.
  • Functional Foods: The integration of dietary fibers in functional foods and beverages to enhance their nutritional profile is gaining traction.

Growth Factors for Dietary Fiber Market:

The dietary fiber market is projected to witness substantial growth due to:

  • Innovation and Product Development: Advances in food technology and the introduction of novel fiber ingredients are expanding the application scope.
  • Regulatory Support: Favorable regulations and health claims authorized by agencies like the FDA and EFSA are encouraging manufacturers to incorporate dietary fibers into their products.
  • Consumer Preferences: A shift towards preventive healthcare and natural ingredients is driving the demand for fiber-enriched foods.
  • E-commerce Expansion: The growth of online retail channels is making fiber-rich products more accessible to a broader consumer base.

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Key Takeaways from the Report:

  • The global dietary fiber market is expected to reach a market valuation of USD 33,098.0 million by the end of 2034.
  • Demand for dietary fiber is anticipated to evolve at a CAGR of 10.3% over the forecast period.
  • The market is expected to register a CAGR of 7.7% in Germany.
  • The United Kingdom is another European country where the growth of the market is expected to be positive. For the forecast period, the CAGR for the United Kingdom is marked to be 7.1%.
  • India and Japan are among the promising countries in Asia. For the forecast period, the CAGR for India and Japan is predicted to be 5.9% and 5.4% respectively.

Key Developments for Dietary Fiber Market:

  • New Product Launches: Leading companies are continuously launching innovative fiber products, such as prebiotic fibers and fiber supplements, to cater to diverse consumer needs.
  • Strategic Partnerships: Collaborations between food manufacturers and fiber ingredient suppliers are fostering the development of high-quality, cost-effective products.
  • Research and Development: Ongoing research to discover new sources of dietary fiber and improve their functional properties is paving the way for market growth.

Regional Analysis of Dietary Fiber Market:

  • North America: Dominates the market due to high health awareness, advanced food processing technologies, and a well-established functional food industry.
  • Europe: Significant growth driven by stringent health regulations, increasing aging population, and a strong trend towards organic and natural products.
  • Asia-Pacific: Rapid urbanization, growing middle-class population, and rising health consciousness are propelling market growth in this region.
  • Latin America and Middle East & Africa: Emerging markets showing potential growth due to increasing disposable income and changing dietary habits.

Competitive Analysis of Dietary Fiber Market:

Collaboration with celebrities and research and development are the key strategies to enhance presence in the market. Moreover, key companies are focusing on cost-effective solutions and sustainable packaging in the manufacturing process to draw consumers’ attention. Key players in the market include BENEO, ADM, Cargill Incorporated, and DuPont.

For instance, in October 2019, Cargill Inc. invested a significant amount of money to expand its product line to include dietary fibers. This project marked the company’s entry into the soluble dietary fiber market.

Dietary Fibers by Category

By Type:

  • Soluble
    • Inulin
    • Polydextrose
    • Dietary Fibers
    • Beta-Glucan
  • Insoluble
    • Cellulose
    • Hemicellulose
    • Chitosan
    • Chitin
    • Lignin
    • Resistant Starch

By Source:

  • Cereals & Grains
    • Wheat
    • Rice
    • Bran
    • Others
  • Fruits & Vegetables
    • Apples
    • Others
  • Other Crops

By Application:

  • Functional Food & Beverages
  • Animal Feed
  • Pet Food
  • Pharmaceuticals

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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