Insoluble Dietary Fibers Market is projected to witness more than 9.5% CAGR from 2019 to 2024

The Insoluble Dietary Fibers Market is set to grow from its current market value of more than $2 billion to over $4.5 billion by 2024; as reported in the latest study by Global Market Insights, Inc.

Insoluble dietary fibers market size is gaining immense momentum due to the growing demand for functional foods and a shift in diet patterns derived from increased health consciousness among people. Intake of insoluble dietary fiber reduces the risks of cancers and minimizes the risk of overeating and thus promotes weight loss.

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Rising consumption of breakfast cereals and dairy products among the majority of people will fuel the product penetration rate. Moreover, key features of dietary fibers include fat replacing, water binding, thickening, and gelling which will further strengthen the product application scope in the near future. 

It has been observed from the past few years that consumption of low-calorie, healthy, and nutritionally balanced foods containing dietary fiber has become a growing focus across the world. Increasing incidences of diseases due to unhealthy eating patterns among consumers moving them towards healthy supplements and will reinforce the product demand. These dietary fibers have been targeted for their positive effects regarding the reduction in the cholesterol levels and minimize the risk of diabetes.

According to reports, in 2017, cellulose market had crossed a valuation of around USD 700 million.  Nowadays, several food chains and manufacturers are making the usage of cellulose in food products as it helps to keep blood sugar levels more regular, which can prevent metabolic disorders and maintain a healthy weight. Increasing interest to consume dietary supplements and easy commercial availability of cellulose have further driven insoluble dietary fibers market forecast.

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The popularity of insoluble dietary fibers in food products is caused by a growing interest in developing processed foods, particularly bakery products such as bread, and biscuits. Due to a greater water holding capacity and preventing dryness in food products, there is a continuous adoption in bakery products. A high content of dietary fibers in a diet also provides a plethora of health benefits. Insoluble dietary fibers industry share form food and vegetable sources will witness over 8.5% CAGR between 2018-2024.

On the basis of geographical trends, North America region accounted for over 35% of global insoluble dietary fibers market share in 2017. Extensive consumer demand for healthy and nutritional food along with increasing prevalence of chronic diseases such as diabetes and obesity will stimulate U.S. insoluble dietary fibers industry outlook.

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On 17 September 2018, Cargill had acquired Konspol, a Polish food company, offering product portfolio including frozen and cold cut categories. The acquisition was aimed to boost the production capacity of Cargill and increase its customer base to offer value-added and diversified poultry products. With the rising cut-throat competition, companies are focusing more on their R&D activities and strategic partnerships to expand the production capacities and at the same time meeting the rising consumer demands with quality products.

As the demand for insoluble dietary fibers surges across a slew of verticals, the commercialization graph of the industry is likely to observe an incline in forthcoming years. Roquette Frères, Dupont Danisco, Ingredion Incorporated, Sunopta, Cargill, and J. Rettenmaier & Söhne, amongst others are some of the key participants outlining insoluble dietary fibers industry trends. As per reliable estimates, global insoluble dietary fibers market share is likely to surpass a valuation of USD 4.5 billion by 2024.

Partial Chapter of the Table of Content:

Chapter 1. Methodology & Scope

1.1. Methodology

1.1.1.  Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Definitions & forecast parameters

1.2. Data sources

1.2.1.  Primary

1.2.2.   Secondary

Chapter 2. Executive Summary

2.1. Insoluble dietary fibers industry 3600 synopsis, 2013 –2024

2.1.1.  Business trends

2.1.2.   Source trends

2.1.3.   Product trends

2.1.4.   Application trends

2.1.5.   Regional trends

Chapter 3. Insoluble Dietary Fibers Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.4. Technology landscape

3.5. Raw material trends

3.5.1.   Cereals & grains

3.5.2.   Fruits & vegetables

3.5.3.   Others

3.6. Consumer buying behavior

3.7. Regulatory landscape

3.8. Pricing analysis

3.8.1.  Regional pricing

3.8.2.  Cost structure analysis

3.9. Industry impact forces

3.9.1.   Growth drivers, by region

3.9.2.   Industry pitfalls & challenges

3.10.  Global dietary fibers industry overview

3.10.1. Trends

3.10.2. Consumer requirements

3.10.3. Global dietary fibers market estimates & forecast, 2017-2024

3.11.  Innovation & sustainability

3.12.  Growth potential analysis, 2017

3.13.  Competitive landscape, 2017

3.14.    Porter's analysis

3.15.      PESTEL analysis

Chapter 4. Insoluble Dietary Fibers Market, By Source

4.1. Cereals & grains

4.2. Fruits & Vegetables

4.3. Others (Legumes, nuts, shrimps & other marine sources)

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