Legumes and Nuts Dietary Fibers market is presently worth USD 7,900.0 million and is poised to amplify at a CAGR of 11.1% over 2022-2030, thereby amassing a valuation of USD 21,672.9 million by end of the assessment period.
Dietary fibres are found in many different types of food and are mostly produced from plant foods including fruits, vegetables, and legumes. These fibres aid in the body's waste removal, lower blood sugar and cholesterol levels to lower the risk of diabetes and heart disease, and maintain healthy weight. Various businesses, including medicines, food & beverage, and animal feed, can benefit from dietary fibres.
The growing inclination of consumers for natural products is a significant element impacting market expansion. The market is expanding as a result of rising concerns about preventive healthcare and the benefits of dietary fibre for health. Increased intake of functional foods, which in addition to offering essential nutrients, have the potential to promote health, has led to an increase in the demand for dietary fiber-rich foods.
In Europe, nutritional supplements containing fibre are common. The need for fortified food products has expanded throughout the region as the veganism trend has grown. Consumers in Europe are becoming more aware of the ingredients in their food and the quality of food products. Additionally, one of the main factors boosting the demand for functional food products in the region is an increase in the consumption of plant-based, fortified, vegan, low-salt, low-fat food with more health benefits, which is anticipated to upscale the demand for dietary fibres in the ensuing years.
Market Overview:
The vast majority of people suffer from illnesses like obesity, digestive issues, gastrointestinal infections, and other conditions. Market players are creating dietary fibre products to aid in the treatment of such diseases in light of this. The market for dietary fibres is currently only somewhat affected by expanding health concerns, but this is projected to change in the future.
The market for dietary fibres is constrained by the fact that an excessive amount of dietary fibres in the diet can cause diarrhoea, poor mineral absorption, and elimination of good cholesterol. Dietary fibres market growth is anticipated to be significantly influenced by the expansion of the food and beverage industry as a result of rising consumer expenditure and supportive government policies. The surge in consumer demand for fortified foods among health-conscious customers is anticipated to fuel the market demand for dietary fibres. Therefore, strict government rules relating to dietary fibres are anticipated to impede market expansion.
Increased public knowledge of the health benefits of dietary fibre, along with an increase in the number of urban residents, is anticipated to create a sizable growth opportunity.
Legumes and Nuts Dietary Fibers Market- Segmental assessment
By Application
- Bakery
- Dairy
- Fruit beverages
- Fruit preserves
- Nutrition supplement
- Others
By Category
- Chickpea
- Cowpea
- Field bean
- Guar
- Others
By Sale Channel
- Supermarket/hypermarket
- Specialty store
- Others
By End-User
- Kids
- Adult
- Others
Key market players:
DuPont, Lonza, Kerry Group, Cargill, and Roquette Frères, etc.
Covid-19 Analysis:
In addition to changing the supply, the pandemic also caused consumers to turn more toward nutrient-dense foods. The COVID-19 pandemic has made people more aware of their health. This has accelerated customers' hunt for useful foods and healthful goods that could aid in their health improvement. For instance, the pandemic has opened up potential opportunities for the market for soluble dietary fibre due to rising consumer demand for natural, organic, and clean label products as well as a significant emphasis on gut health and sugar substitutes. Various items, such as nutritional supplements, animal feed, and medications, frequently use soluble dietary fibres. There is a strong demand for soluble dietary fibre products on the market since they are also utilised to increase muscle mass and immunity.
Frequently Asked Questions:
- What is the current size of dietary fibers market?
- What will be the CAGR of global dietary fibers market?
- Who are the prominent players operating in the dietary fibers market?
- Which are the driving factors of the dietary fibers market?
- Which region will lead the global dietary fibers market?
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