The report is titled ‘Insoluble Dietary Fibers Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the insoluble dietary fiber market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The insoluble dietary fiber market is expected to grow at a significant rate in the near future.
The global insoluble dietary fiber market in 2020 is estimated for more than US$ 1.7 Bn and expected to reach a value of US$ 3.5 Bn by 2028 with a significant CAGR of 9.3%.
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Insoluble Dietary Fibers Introduction
Insoluble fiber is found in the skin and seeds of fruits, along with whole wheat bread and brown rice. Its health benefits include weight loss, as it plays important role in maintaining weight by staving off hunger pangs. Apart from this, it also aids proper digestive health; as the consumption of insoluble dietary fiber provides relief from constipation, improves bowel-related health problems like fecal incontinence, hemorrhoids, etc. Insoluble dietary fiber is also the source of prebiotics and is widely being used in the food industry, pharmaceuticals, and others.
Insoluble Dietary Fibers Market Dynamics
Increasing demand for functional food, growing consciousness through government health programs, and innovations in new food applications of insoluble dietary fiber aid the growth of this market. The elevating incidence of health disorders coupled with the weight management products and programs also increases the need for insoluble dietary fiber around the globe. Additionally, the changing scenario of food consumption along with the incorporation of salads and fruits in the diet also promotes the growth of this market. However, the cost intensiveness may hamper the growth of this market.
The global insoluble dietary fiber market is expected to increase at a significant CAGR over the forecast period owing to the geriatric population, obesity and changing lifestyle coupled with the increasing trend of consumption of organic diets. Fibers/bran segment is projected to have the fastest growth in this market, owing to the increased consumption of bakery and confectionery products.
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Insoluble Dietary Fibers Market Segmentation
The global insoluble dietary fiber market is segmented on the basis of type, source, application, and region.
On the basis of type, the global insoluble dietary fiber market can be segmented into cellulose, hemicellulose, chitin & chitosan, lignin, fiber/bran, resistant starch, and others. Whereas the fiber/bran is further fragmented into wheat and oats. On the basis of source, the global insoluble dietary fiber market can be segmented into cereals & grains, legumes, fruits & vegetables, and other sources. On the basis of application, the global insoluble dietary fiber market can be segmented into functional food & beverages, pharmaceuticals, animal feed, and pet food. Whereas, the functional food & beverages is further segmented into beverages, dairy, bakery & confectionery, breakfast cereals & snack bars, meat products, and savory snacks.
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