Insoluble Dietary Fibers Market is likely to show significant growth between 2018 – 2024 - PowerPoint PPT Presentation

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Insoluble Dietary Fibers Market is likely to show significant growth between 2018 – 2024


Insoluble Dietary Fibers Market Size By Source, By Product, By Application Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024. – PowerPoint PPT presentation

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Title: Insoluble Dietary Fibers Market is likely to show significant growth between 2018 – 2024

Insoluble Dietary Fibers Market size to exceed
4.5bn by 2024
Key Insights from Insoluble Dietary Fibers Market
  • Global Insoluble Dietary Fibers Market size is
    set to surpass USD 4.5 billion by 2024 according
    to a new research report by Global Market
    Insights Inc.. Positive application outlook in
    bakery products fortification owing to the rising
    global demand for functional foods will propel
    insoluble dietary fibers market. Increasing
    bakery, breakfast cereals dairy products demand
    due to the substantial changes in the consumer's
    preferences for healthy diet regime will drive
    the product penetration rate. Moreover, key
    properties such as thickening, water binding, fat
    replacing, and gelling will further support the
    product application scope.
  • Rising disposable incomes and growing consumer
    awareness owing to the numerous government
    educational campaigns in the developing economies
    such as China, Argentina, and South Africa will
    enhance the market size. Key advantages including
    reduced risks of constipation, healthy digestive
    system, and weight management propel product
    demand in dietary supplements. Increasing natural
    beauty enhancement products in the cosmetics
    industry owing to the harmful effects of the
    synthetic chemical based products will provide
    strong business outlook for the manufacturers. As
    per the International Trade Administration report
    of 2016, India's import of cosmetics and personal
    care products and intermediate raw materials such
    as essential oils were USD 778 million in 2015.

  • North America insoluble dietary fibers market
    accounted the revenue share of over 35 in 2017.
    Shifting consumer preferences towards healthy
    diet along with the changing trends among the
    young population are among the major factors
    fueling regional demand. Inclination of the
    consumers towards fitness regimes and schedules
    owing to an upsurge in the prevalence of diabetes
    and obesity cases will proliferate the overall
    business growth in the region. Global insoluble
    dietary fibers industry is highly fragmented with
    the presence of regional and international
  • Mergers and acquisitions along with joint
    ventures strategic alliances, technological
    advancements, and heavy RD investments are among
    the key strategies adopted by the global players.
    For instance, on September 17, 2018, Cargill
    acquired Konspol, a Polish food company,
    providing product portfolio including frozen and
    cold cut categories. The acquisition will provide
    the Cargill's production capacity and vicinity to
    existing customers to offer diversified poultry
    and value-added products. Companies are focused
    on new product developments launches coupled
    with geographical expansions to get a seize
    substantial share in the insoluble dietary fibers

U.S. Insoluble Dietary Fibers Market, By Source,
2017 2024, (Kilo tons)


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