Global Diet Fiber Market- Covid-19 Impact and Driving Demand to 2031
Diet Fiber Market Forecast and CAGR
According to the latest research by Transparency Market Research, the global diet fiber market is set to witness steady growth during 2021-2031. Demand for diet fiber products will witness steady recovery in the short term, with significant growth. The vast application of diet fibers in the food and beverages industry for nutrition-based products drives the market with significant CAGR.
What is Driving Demand for Diet Fiber?
Diet Fibers are used to enhance texture in the bakery products along with creaminess that has triggered the global diet fibers industry. Diet fibers are good replicable for fat replacement in the bakery industry, which positively affects the market. The increasing importance of beta-glucan products due to their immunity booster uses in the pharmaceutical & nutraceutical industries has fueled the dietary market growth.
The demand for functional food has been rising over the years due to busy lifestyles, ready-to-food products, increasing disposal income, etc. could be reasons to drive this market. Diet fibers have many good properties such as stabilizing, efficient water binding, thickening, gelling, etc. which is very useful for baking products. Penetration of bakery products in the market has been increased due to diet fibers containing bakery products have a long shelf life and improved heat stability.
Cellulose is the insoluble fiber that acquires a significant portion of the diet fiber market. cellulose has Low water absorption capacity which is used to get fiber enrichment of the products such as cakes, bread, corn tortillas, cookies, and pastry fillings. It is used in various food applications like bakery products, poultry, meat, etc. because having a high holding capacity of oil and water. Vast applications of fiber in the food industry have triggered the growth of the diet fiber market.
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Wide Applications Likely to Augment Diet Fiber Sales
It is expected that increasing consumer awareness regarding a healthy diet which beneficial for the active lifestyle drives the market growth. Rising health-conscious consumers due to increased diseases such as heart cancer, and diabetes has led consumers to accept fiber-based food products which are also estimated to augment diet fiber sales.
Soluble fibers such as inulin & fructooligosaccharide (FOS) are easily available obtained from vegetables which helps to regulate the function of the intestines, whereas pectin is obtained from fruits which helps to improve acid reflux problems and promotes gut health.
As per the European Food Safety Authority (EFSA) fiber-rich foods, a balanced diet, improve weight maintenance and can help to reduce type 2 diabetes and cardiovascular diseases. People also suffering from Irritable Bowel Syndrome (IBS) are often advised to include and modify the amount of fiber in their diet.
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US and Canada Diet Fiber Market Outlook
North America is expected to grow at a significant rate over the upcoming years, due to the rise in the consumption of nutrient-rich and healthy food products. Economic developments with increasing urbanization in the region have led to remarkable changes in patterns of lifestyle and dietary food products.
A promising trend in functional food production and the rise in intake of fiber content in daily life are other key factors driving the market in North America. The increasing demand for healthy and ready to eat foods & beverages functional food products in the Canada, U.S., and Mexico is impacted positively the market of diet fibers. The rising popularity of confectionery items, Greek yogurt, and health drinks is also likely to augment the market demand growth over the next upcoming years.
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Europe Demand Outlook for Diet Fiber
High demand for food products that are rich in prebiotics, fiber, and probiotics in Europe is expected to play a key role to drive the market. Changing consumer’s reference towards a healthy lifestyle, easiness government campaigns emphasizing the consumption of a nutritionally balanced diet will propel the European market.
Developing R&D activities on fiber such as insulin and soluble fibers like polydextrose and pectin, are expected to enhance the overall product market over the upcoming years. Vegetables & fruit-based diet fibers are useful to regulate blood sugar levels, cognitive improvement, cancer prevention, and cardiovascular health improvement linked with the consumption of the product is anticipated to augment the overall demand.
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Who are the Key Manufacturers and Suppliers of Diet Fiber?
Key players which are included in the production of the mineral feed supplements products are DowDuPont, Archer Daniels Midland Company, J. Rettenmaier & Sohne Gmbh & Co, Kerry Group, Tate & Lyle, Cargill, Royal DSM, Ingredion Incorporated, Procter & Gamble, Nestlé, Kellogg Co., NOW Foods, Fiber One, NuGo Nutrition, etc.
