Dietary Fiber Industry Size, Share of Key Players, SWOT Analysis, and Report

Market Overview:

The global dietary fiber market size reached US$ 9.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.2 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032. The growing awareness of the health benefits associated with dietary fiber consumption, rising trend of health-conscious eating habits among individuals, favorable public health initiatives and nutritional guidelines and numerous innovations in food technology represent some of the factors that are propelling the market.

Dietary fiber is an essential component that is derived mainly from plant-based foods, primarily known for its capability to enhance digestive health. It is a complex carbohydrate that is not digested by the human body but plays a vital role in sustaining a healthy digestive system. Consisting of soluble and insoluble types, dietary fiber serves various functions such as aiding in digestion, supporting weight management, and contributing to reduced risks of diseases like diabetes and heart conditions. The soluble variety dissolves in water, forming a gel-like substance that helps lower cholesterol and stabilize blood sugar levels. In contrast, the insoluble type helps move material through the digestive system and increases stool bulk.

The global market is primarily driven by a growing awareness of the health benefits associated with dietary fiber consumption. In line with this, the rising trend of health-conscious eating habits among individuals is also providing an impetus to the market. Moreover, an increase in lifestyle-related diseases, such as obesity and diabetes, is acting as a significant growth-inducing factor. In addition to this, the development of functional foods with enhanced health benefits is resulting in higher investment in fiber-enriched products. The market is further driven by educational campaigns promoting healthy dietary habits. Apart from this, globalization of cuisine is propelling the market, as diverse foods often have varied fiber content. Some of the other factors contributing to market growth include an increase in the elderly population requiring fiber-rich diets, a growing focus on preventive healthcare, and extensive research and development (R&D) activities.

Dietary Fiber Market Trends/Drivers:

Favorable public health initiatives and nutritional guidelines

Government agencies and health organizations worldwide are placing an increased focus on the necessity for fiber-rich diets. These guidelines are more than mere suggestions; they often translate into policy implementations that encourage or even mandate the inclusion of dietary fiber in various food products. Campaigns to raise awareness about the importance of a balanced diet rich in fiber aim to bring about a cultural shift in eating habits. These campaigns often partner with schools, community centers, and healthcare providers to impart knowledge about the vital role dietary fiber plays in overall health. As these educational endeavors gain traction, they create a ripple effect. Food manufacturers, eager to comply with these new social norms and guidelines, are enriching their food products with fiber, thereby substantially contributing to market growth. The impact of these initiatives goes beyond the immediate present, creating a lasting influence that promises to sustain market growth.

Numerous innovations in food technology

Continual advancements in food technology are another critical factor that significantly influences the global market. The ability to incorporate fiber into a broad spectrum of food products without altering taste or texture is a revolutionary development in the food industry. These technological advancements mean that fiber can now be added to foods that traditionally lacked this essential nutrient, from beverages to baked goods. The adaptability of these innovations appeals to a broad consumer base, including those who may not typically consume fiber-rich foods. The technology also allows for the development of more palatable options, breaking the stigma that fiber-rich foods are less flavorful or enjoyable. As these advancements in food technology become more widely adopted, they substantially widen the market's scope, attracting an increasingly diverse consumer base and driving significant market growth.

The growing popularity of e-commerce and online retail platforms

The advent of e-commerce and online retail platforms and their growing popularity has proven to be a pivotal force in shaping the global market. The internet has dramatically transformed how consumers shop for food products and supplements. A wide range of dietary fiber products, from supplements to fiber-enriched foods, are now available at the click of a button. This enhanced accessibility enables consumers to make more informed decisions by easily comparing products, reading reviews, and even receiving tailored suggestions based on their health profiles or previous purchases. The convenience of online shopping, coupled with the vast array of options available, encourages more frequent and diverse purchases of these products. Furthermore, e-commerce platforms often provide detailed information about the nutritional content and health benefits of these products, thereby contributing to consumer education and awareness.

Dietary Fiber Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global dietary fiber market report, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, source, and application.

Breakup by Type:

• Soluble Dietary Fiber
  • • • Inulin
      • Pectin
      • Polydextrose
      • Beta-glucan
      • Others
• Insoluble Dietary Fiber
  • • • Cellulose
      • Hemicellulose
      • Chitin and Chitosan
      • Lignin
      • Fiber/Bran
      • Resistant Starch
      • Others
         

Soluble dietary fiber represents the largest market segment

The report has provided a detailed breakup and analysis of the market based on the type. This includes soluble dietary fiber (inulin, pectin, polydextrose, beta-glucan, others) and insoluble dietary fiber (cellulose, hemicellulose, chitin and chitosan, lignin, fiber/bran, resistant starch, others). According to the report, soluble dietary fiber represented the largest segment.

The rise in health consciousness among consumers is a primary driver for soluble dietary fibers such as inulin, pectin, and beta-glucan. The increase in digestive health issues and a growing elderly population are contributing to the demand. There's also a push from the food and beverage industry to incorporate these fibers into various products, including baked goods and drinks. Governmental policies advocating for healthier lifestyles further encourage the usage of soluble fiber variants. Manufacturers are investing in R&D to provide more functional and cost-effective soluble solutions.

On the other hand, the increasing demand for whole-grain foods and the growing animal feed sector are two key drivers for insoluble fibers such as cellulose and hemicellulose. These fibers are also widely used in pharmaceuticals as excipients. Increased awareness of gut health contributes to the market, although it's less than that for soluble fibers. There is also some utility of these fibers in industrial applications like textiles.

Breakup by Source:

• Fruits and Vegetables
• Cereals and Grains
• Legumes
• Nuts and Seeds
   

Cereals and grains represent the largest market segment

The report has provided a detailed breakup and analysis of the market based on the source. This includes fruits and vegetables, cereals and grains, legumes, and nuts and seeds. According to the report, cereals and grains represented the largest segment.

The use of cereals and grains for fiber extraction is primarily driven by their abundant availability and traditional consumption patterns. The growing interest in plant-based diets and the need for food fortification are further propelling the market. The cost-effectiveness of these sources compared to fruits and vegetables makes them attractive. Demand is particularly strong in developing countries with large agricultural sectors.

On the other hand, fruits and vegetables are traditional sources of these fibers, and their consumption is rising due to increasing awareness of their health benefits. The global emphasis on natural and organic food sources has greatly benefitted this segment. Regional and global dietary guidelines promoting fruits and vegetables are reinforcing consumer behavior. The increase in veganism and vegetarianism also adds to the higher demand. Innovative distribution channels such as online grocery stores have made access easier, propelling the market further.

Breakup by Application:

• Functional Foods and Beverages
• Pharmaceuticals
• Animal Feed
• Others
   

Functional foods and beverages account for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the application. This includes functional foods and beverages, pharmaceuticals, animal feed, and others. According to the report, functional foods and beverages represented the largest segment.

The functional foods and beverages segment in the market is growing in popularity due to their health benefits and convenience. The busy lifestyles of urban populations are encouraging the consumption of "on-the-go" nutritional products. Consumers are increasingly opting for beverages with soluble fibers for digestive health benefits. Food companies are consequently investing in innovation and advertising, capitalizing on this trend. The segment is also getting a boost from positive scientific studies and regulatory support.

On the other hand, pharmaceuticals employ these fibers for drug formulation and improved delivery systems. Animal feed increasingly includes fibers for better digestion and health of livestock. The scope of applications in textiles and other industrial usages is growing, although these remain secondary markets. These minor sectors are driven by specific, targeted applications rather than broad consumer demand.

Breakup by Region:

• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• North America
  • United States
  • Canada
• Middle East and Africa
  • Turkey
  • Saudi Arabia
  • Iran
  • United Arab Emirates
  • Others
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others
     

Asia Pacific exhibits a clear dominance, accounting for the largest dietary fiber market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); North America (the United States and Canada); the Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, and others); and Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others). According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific region is witnessing rapid market growth due to the inflating disposable incomes and urbanization, which are making healthier food choices more accessible. The expansion of modern retail and e-commerce has also made these products more available to the average consumer. Traditional diets in countries such as Japan, China, and India, which are rich in these fibers, support the market significantly.

Furthermore, the increase in lifestyle-related diseases such as obesity and diabetes has heightened the focus on preventive healthcare, including dietary fiber consumption. Governments in the region are playing an active role in endorsing healthier lifestyles through public campaigns and regulations. Companies are also responding to the favorable market conditions by investing in product development, local sourcing, and market-specific innovations.

Also, the presence of global food and beverage companies in the region, often through partnerships with local players, adds a level of credibility and visibility to numerous dietary products. Lastly, rising animal husbandry practices and industrial applications also contribute, albeit to a lesser extent, to the market in the Asia Pacific.

Competitive Landscape:

Principal entities in the global market are concentrating on enhancing product formulations to deliver both soluble and insoluble fibers. These market dominants are investing in sustainable sourcing of raw materials and are striving for eco-friendly production methods. In addition to this, they are forming collaborations with food and beverage manufacturers to include it in various consumables. Consumer education is another avenue being explored by the major companies, with the intent to inform about the health benefits of these fiber to a wider consumer base. To comply with diverse global dietary regulations, these companies are pursuing multiple certifications. Direct-to-consumer sales through digital channels are also being optimized by the key players to increase market penetration.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• Archer Daniels Midland Company
• Cargill, Incorporated
• DuPont Nutrition Bioscience Aps
• FutureCeuticals
• Grain Processing Corporation
• Ingredion Incorporated
• Kerry Group plc
• Lonza Group Ltd.
• Nexira
• Roquette Frères
• Südzucker AG
• Tate & Lyle PLC

Recent Developments:

• In May 2023, Archer Daniels Midland Company (ADM) announced that they have entered into a Strategic Development Agreement with Air Protein, a pioneer in air-based nutritional protein, to collaborate on research and development (R&D) to further advance new and novel proteins for nutrition.
• In July 2023, Cargill, Incorporated announced a collaborative effort with John Deere to streamline the digital and in-field experience for farmers using John Deere technology and electing to participate in the Cargill RegenConnect program. John Deere and Cargill will work together to help farmers adopt and use precision technology and synchronize the flow of information when they opt-in to share data between systems.
• In February 2021, DuPont Nutrition & Biosciences Aps, or DuPont N&B division finalized a merger with IFF, following the structure of a Reverse Morris Trust transaction. The integrated entity will maintain the IFF name and its common stock will be publicly traded on the New York Stock Exchange using the ticker symbol "IFF."

Dietary Fiber Market Report Scope:

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the dietary fiber market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global dietary fiber market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the dietary fiber industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.