Vijay Kundekar (9)

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Dietary Fibres Market will reach at a CAGR of
10.0 during 2019-2029 Future Market Insights

• Feb 2020

Report Id REP-GB-3376 Published On
24-July-2019 Category Food and Beverages
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Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
PMR formulates a detailed discussion guide to conduct expert and industry interviews
PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts
PMR conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
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SOLUTION

• Market participants
• Key strengths
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• Key focus segments

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includes sources of databases
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Dietary Fibres Market Analysis
In a recent study, Future Market Insights (FMI)
offers a perspective on the growth trajectory of
dietary fibres market for the period between 2019
and 2029. As per the report, global consumption
volume of dietary fibres reached 1.8 metric tons
in 2018, equaling revenues worth US 7 Bn. Gains
will remain driven by increasing consumer
awareness regarding the benefits of dietary
fibres along with food manufacturers engaging in
fibrous NPDs (new product developments). As
healthcare professionals continue to encourage
fibre intake as a key to improving long-term
health, market players are significantly paying
attention to value-added offerings. Big brand
companies as well as small high-tech startups are
rigorously exploring the potential of dietary
fibres in their products, which is likely to
promise new beginnings for the market
stakeholders. Consumers, leading fast-paced
lives, have started to keep an eye on dietary
recommendations, resulting in a move towards
proactive healthcare and lifestyles. As consumers
are becoming food explorers and newer trends are
emerging at rapid pace, FMI's analysis infers
that the dietary fibres market players are
placing betting on RD investments and new
product launches.
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Dietary Fibres Market Analysis
Fibre intake has been alarmingly low in various
regions, resulting into population-wide
deficiency known as 'fibre gap'. As science
behind dietary fibres expands, this ingredient
has been witnessing renewed interest from young
consumers for weight management benefits, while
aging consumers tend to seek digestive health
benefits. Stakeholders Leverage White Spaces to
Drive Sales Opportunities According to the FMI
study, the dietary fibres market is likely to
grow at CAGR of 10 during the predefined
timeframe. Obesity, diabetes, and other lifestyle
diseases are on the rise, especially in developed
regions, and as a result consumers are
increasingly becoming health conscious and
spending on high nutritional products. The study
opines that a rise in consumer preference for
maintaining a healthy diet and regulating body
weight will provide a strong business outlook for
the market players.
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Dietary Fibres Market Analysis
Use of soluble dietary fibres has been confined
in functional FB industry as a highly nutritive
ingredient, while stakeholders are focused on
identifying and leveraging the white spaces in
their application, which range from pet food to
cosmetics. Capabilities of corn fibre as an
effective fibre source for pets, lignin as an
emulsifier and efficient substitute for whole
eggs in bakery products, pectin in food
processing, and beta-glucan in cosmetic
production are increasingly being explored. As
the market continues to benefit from consumer
shift towards plant-based ingredients and sugar
substitutes, stakeholders are further exploring
new sources of dietary fibres, apart from cereals
grains and fruits vegetables. As per the
study, dietary fibres market players continue to
witness growth opportunities in developed markets
Europe and North America, which collectively
account for 60 revenue share. In addition to
increasing consumer spending on products with
high nutritional value, government agencies in
the regions are undertaking awareness campaigns
to bring due attention towards the need for
maintaining a balanced diet, thereby creating a
high demand for dietary fibres. Market
stakeholders are further eyeing on newer
opportunities in Asia Pacific, particularly in
countries such as China, Japan and South Korea,
on the back of a notable trend for healthier
eating.
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Dietary Fibres Market Analysis
FMI's study identifies restraints that could
possibly represent a threat to the lucrative
stride of dietary fibres market. Research studies
have found that excessive consumption of dietary
fibres and their addition in processed foods can
have adverse effects on human health, which may
add to reluctance of consumers to adopt such
ingredients. The study opines that dietary
fibres market is on an upward swing with
increasing number of small players entering into
the space with new product offerings that align
with consumers' trends. Leading players continue
to put emphasis on filling the fibre gap through
RD activities and product innovations. Source
Link  https//www.prnewswire.com/news-releases/di
etary-fibres-market-is-expected-to-grow-at-a-cagr-
of-10-during-the-forecast-period-2019-to-2029--fut
ure-market-insights-300896937.html
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Dietary Fibres Market Analysis

• Explore Future Market Insights coverage of the
  Food and Beverages Market Intelligence
• Potato Flake Market
• Processed Beef Market
• Fermented Ingredients Market
• About Us
• Future Market Insights (FMI) is a leading market
  intelligence and consulting firm. We deliver
  syndicated research reports, custom research
  reports and consulting services which are
  personalized in nature. FMI delivers a complete
  packaged solution, which combines current market
  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

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Dietary Fibres Market Analysis
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