What is Global Dietary Fibre Market?
The Global Dietary Fibre Market is a vast and dynamic sector that deals with the production, distribution, and consumption of dietary fibre worldwide. Dietary fibre, also known as roughage, is a type of carbohydrate that is indigestible by our bodies. It is found in plant foods and is crucial for maintaining a healthy digestive system. The global market for dietary fibre is a complex network of manufacturers, suppliers, and consumers spread across different regions. In 2022, the market was valued at a whopping US$ 2690.2 million and is projected to reach US$ 3551.7 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 4.0% from 2023 to 2029. The growth of the market is driven by various factors such as increasing awareness about the health benefits of dietary fibre, changing dietary habits, and the rising prevalence of digestive disorders. However, the market also faces several challenges such as high production costs and stringent regulatory policies.
Water Soluble Dietary Fiber, Water Insoluble Dietary Fiber in the Global Dietary Fibre Market:
The Global Dietary Fibre Market is segmented into two main types based on solubility: Water Soluble Dietary Fiber and Water Insoluble Dietary Fiber. Water Soluble Dietary Fiber dissolves in water to form a gel-like material. It can help lower blood cholesterol and glucose levels and is found in oats, peas, beans, apples, citrus fruits, carrots, barley and psyllium. On the other hand, Water Insoluble Dietary Fiber promotes the movement of material through your digestive system and increases stool bulk, so it can be of benefit to those who struggle with constipation or irregular stools. Whole-wheat flour, wheat bran, nuts, beans and vegetables, such as cauliflower, green beans and potatoes, are good sources of insoluble fiber. The demand for both types of dietary fibre is increasing due to their numerous health benefits. However, the market for water soluble dietary fibre is expected to grow at a faster rate due to its wider range of applications in the food and beverage industry.
Processed Meat, Baked Foods, Dairy Products & Beverages, Health Food and Baby Food, Others in the Global Dietary Fibre Market:
The Global Dietary Fibre Market finds its usage in various areas such as Processed Meat, Baked Foods, Dairy Products & Beverages, Health Food and Baby Food, among others. In the processed meat industry, dietary fibre is used as a filler or binder to improve the texture and taste of the product. In baked foods, it is used to increase the nutritional value and to enhance the shelf life of the products. In the dairy products and beverages sector, dietary fibre is used to improve the texture and consistency of the products. It is also used in health foods to increase their fibre content and in baby foods to aid in digestion. The use of dietary fibre in these areas not only improves the quality of the products but also caters to the growing demand for healthier and more nutritious food options.
Global Dietary Fibre Market Outlook:
In terms of regional outlook, Europe emerged as the largest consumer market for dietary fibre in 2019, accounting for 26.23% of the total consumption. This can be attributed to the high awareness about the health benefits of dietary fibre among the European population and the presence of a well-established food and beverage industry in the region. Following Europe, China and North America accounted for 22.00% and 21.08% of the total consumption, respectively. These regions also have a significant presence in the global dietary fibre market due to their large population size and the growing demand for healthier food options. In terms of production, Europe again led the market with 29.86% of the world's output in 2019. China followed closely with 21.66% of the global production. These figures indicate the significant role of these regions in the global dietary fibre market.
| Report Metric | Details |
| Report Name | Dietary Fibre Market |
| Accounted market size in 2022 | US$ 2690.2 million |
| Forecasted market size in 2029 | US$ 3551.7 million |
| CAGR | 4.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Consumption by Region |
|
| By Company | Beneo, Tate & Lyle, FrieslandCampina, Meiji, Baolingbao Biology Co.,Ltd., Shandong Bailong Chuangyuan Bio-Tech Co.,LTD, Roquette, J. RETTENMAIER & Söhne Group, Danisco, Sensus, Matsutani Chemical Industry Co., Ltd., Ingredion, Cosucra, Interfiber, Quantum Hi-Tech Group Limited, Yakult |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
