The global dietary fibers market size is expected to reach USD 14.38 billion by 2030, according to a new study by Polaris Market Research. The report “Dietary Fibers Market Share, Size, Trends, Industry Analysis Report, By Processing Treatment (Extrusion Cooking, Canning, Grinding, Boiling, Frying); By Source; By Type; By Application; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising demand for fiber-rich food products among the consumer and increasing awareness of the health benefits of dietary fibers, along with the growing urban population, are the significant factors influencing the market growth. Rowing consumer awareness regarding health, wellness, and nutrition, and a shift from pharmaceutical to nutraceutical products, are the primary factors attributed to the market’s growth. In addition, the popularity of bakery and confectionary products boosts the overall market.
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Increasing consumer spending, rising government support, and the growing food and beverage industry are expected to propel the overall market during the forecast period. Technological developments have led to the emergence of microwave, ultrasonic, and high-pressure processing to achieve higher fiber yields while maintaining functionality, with time consumption influencing the market’s growth.
Consumers are becoming more interested in consuming probiotics to improve gut health. Increasing the focus on consuming functional drinks with probiotics will likely stimulate the demand for dietary fibers. Also, dietary fibers are beneficial for diseases such as obesity, digestive problems, gastrointestinal infections, and other disorders, which gain more traction among the great majority of people. Thus, it helps to improve the market together.
Dietary Fibers Market Report Highlights
Polaris Market Research has segmented the dietary fibers market report based on source, type, application, processing treatment, and regions:
Dietary Fibers, Source Outlook (Revenue - USD Billion, 2018 - 2030)
Dietary Fibers, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Dietary Fibers, Applications Outlook (Revenue - USD Billion, 2018 - 2030)
Dietary Fibers, Processing Treatment Outlook (Revenue - USD Billion, 2018 - 2030)
Dietary Fibers, Regional Outlook (Revenue - USD Billion, 2018 - 2030)