The insoluble dietary fibers market is anticipated to record fast-paced growth over the coming years on account of increasing consumer awareness regarding the benefits of healthy diet. People are steadily gaining consciousness about the importance of healthy food and lifestyle. Consumption of high-fiber diet could help in decreasing the risk for respiratory morbidity such as asthma and in mediating systemic inflammation.
Rising occurrence of health issues like cholesterol problems, diabetes, gastrointestinal, and obesity among millennial population could fuel the demand for healthy and low-calorie fiber products. Global Market Insights, Inc., estimates that the insoluble dietary fibers market could touch USD 5 billion by the year 2026.
Increasing imposition of supportive federal norms and initiatives might enhance industry outlook over the forthcoming years. Regulatory agencies like the FDA are expanding their list of acceptable fibers, which could broaden the business horizon for insoluble dietary fiber manufacturers. Back in 2016, the FDA had instructed fiber ingredient companies that products which are not naturally occurring and intact should be scientifically proven to have health benefits before being labeled as ‘fiber’.
Dietary fibers have comprehensive functional features like adsorptive functions, bacterial fermentation, and water-holding capacity. It also acts as a thickening agent in dairy applications. Growing consumer understanding about the intake levels of fiber for infants could broaden industry share in the long run. Federal authorities across the world are also launching multiple informative initiatives to extend the awareness regarding the benefits of dietary fibers on infants.
Mentioned below are some of the ongoing trends stimulating the demand for insoluble dietary fibers:
Heavy usage across the pharmaceutical sector
Proliferating investments in R&D for the development of pharmaceutical supplements could boost the adoption of insoluble dietary fibers. Estimates suggest that the pharmaceutical segment could observe more than 8% growth through 2026. Consumers nowadays are focusing on maintaining overall fitness and regulating body weight.
Insoluble dietary supplements could help meet these requirements. Both fitness enthusiasts and athletes are multiplying their intake of fiber-fortified dietary supplements to enhance digestion and aid weight management. Apart from the pharmaceutical sector, dietary fibers are also used in companion animal nutrition and food & beverage products.
Promising opportunities across APAC
Asia Pacific is considered to be a lucrative market for insoluble dietary fiber companies and is forecasted to register a growth rate of over 7% by 2026. The region has a comprehensive demographic that involves both geriatric and young age groups that are constantly looking for healthy alternatives in terms of supplementation and diet to avoid chronic diseases.
Adoption of modern growth strategies
Companies operating in the insoluble dietary fibers industry are emphasizing on a number of strategic expansion initiatives such as acquisitions, partnerships, R&D activities, and joint ventures to enhance their geographical reach and market presence. Some of the prominent market players include Cargill, Ingredion Inc., ADM, Tate & Lyle, SunOpta, Grain Processing Corp., Roquette Freres, DuPont Danisco and J. Rettenmaier & Sohne Gmbh.
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