Insoluble Dietary Fiber Market is poised to reach USD 3.32 billion by 2021 | Market Data Forecast

14/apr/2018 10:18:18 MDFtends Contatta l'autore

The Global Insoluble Dietary Fiber Market was worth $2.3 billion in 2016 and estimated to be growing at a CAGR of 7.6%, to reach $3.32 billion by 2021. A very high industrial competition exists in the area due to limited companies. New entrants have not back off due to high productivity of this market.

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Insoluble fibers are impending sources of prebiotics and are broadly employed in the food industry due to their versatile applications. Insoluble dietary fibers have multi disciplinary uses, some of which are being engaged as bulking agents in condensed sugar applications, as a successful moisture manger in fat replacing, as a tool for incorporating texture, and as a natural antioxidant.

With several mergers & acquisitions and new players into the market, the global insoluble dietary fibers market is anticipated to grow significantly during the next few years. The rapid change in daily lifestyle, western persuade, and extensive raise in the disposable income has generated a demand for healthy food products in the developing countries. Technical difficulties pertaining to reactivity and steadiness of the product has been one of the key challenge faced by the industries employing dietary fibers.

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Global Insoluble Dietary Fiber Market is segmented by product type into Cellulose, Hemi-Cellulose, Chitin & Chitosan, Lignin and Resistant Starch. Based on end users the market is segregated into functional foods, animal feed and pharmaceuticals. The bakery industry employs a large share of the total insoluble dietary fibers due to their greater ability in providing higher softness of breadcrumb and firmness to the loaf which can be attributed to the dominance of functional foods.

Geographically the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America holding the largest share is dominant in the global insoluble dietary fibers market. This can be accounted to the high numbers of health conscious population in this region. Europe is the second largest market with the current high demand for better bakery products. The market in the Asia-Pacific region is anticipated to grow at the maximum CAGR owing to the increasing standard of living and rising demand for functional foods.

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The major international players operating in insoluble dietary fiber market are Roquette Frères, Südzucker A.G., Tate & Lyle PLC, Ingredion Incorporated, E. I. DuPont de Nemours and Company, Archer Daniels Midland Company, Cargill, Inc., Sunopta Inc. and others. Key players have engaged in wide scientific research to recognize better and economically probable active ingredients with a wider application range.

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