The increasing global demand for dietary fiber is expected to boost the insoluble dietary fiber market. The global insoluble fiber market accounts for approximately 16% of the fiber market and is projected to create an absolute opportunity of $1,008 million during the forecast period 2019-2027. Many companies are now utilizing the food fortification capabilities of insoluble fiber such as high digestibility, fiber fortification, high stability, consumer-friendly labeling and ease of formulation in a wide range of applications. For example, Ingredion Incorporated, a global ingredient solutions provider for the past four years, markets VERSAFIBE fiber as an insoluble fiber line. Processed food manufacturers are calling for more fiber in pasta,
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Key Takeaways of the Global Insoluble Dietary Fiber Market
- Cellulose type of Insoluble dietary fiber accounts for more than half of market share and is expected to indicate a rising growth curve in Insoluble dietary fiber market during period of forecast 2019 – 2027 owing to easy availability of raw materials for extraction of cellulose insoluble dietary fiber.
- Cereals and grains are a major contributor to global Insoluble dietary fiber market and are projected to grow double over period of forecast owing to increased production of cereals and grains as compared to fruits and vegetables.
- North America and Europe Insoluble dietary fiber market together hold more than two thirds of market share. However, increasing consumer base of Asia Pacific excluding Japan is projected grow at a higher CAGR than the global average.
- Latin America Insoluble dietary fiber market to hold more than 7% market share in terms of value and is likely to gain 50 BPS over forecast period 2019 – 2027.
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Insoluble Dietary Fiber Market: Segmentation
FactMR’s study has done the segmentation of Insoluble dietary fiber market on the basis of type, source, application and region.
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Report Benefits and Key Questions Answered
• Market category and segment level analysis for Insoluble Fiber: Fact MR provides a detailed analysis of the factors driving revenue growth across all key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at regional and local level.
• Historical Insoluble Fiber Market Volume Analysis: The report provides a comparison of historical Insoluble Fiber market sales and forecast sales performance for 2021-2031.
• Insoluble Fiber Market Manufacturing Trends Analysis : The report provides a detailed analysis of manufacturing trends in the Insoluble Fiber Market. It carefully measures the impact of the changing health needs of the major demographics worldwide
• Insoluble Fiber Market Consumption by Demographics: The report examines consumer behavior influencing the demand outlook for the Insoluble Fiber Market for the assessment period. The impact of their enthusiasm for digital trends on the insoluble fiber market is carefully analyzed
• Post-COVID consumer spending for insoluble fiber market consumption: The healthcare industry has been largely impacted by the COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending after COVID-19. It assesses how current trends are affecting healthcare services spending, thereby influencing Insoluble Fiber market growth.