Published Date : Nov 21, 2016
ALBANY, NY, Nov 21, 2016: The 66-page research study, titled “Global Dietary Fiber Market 2016–2020,” offers a thorough reports of the industry, focusing on the key geographical segments, product segmentation, latest developments, and limitations in the market. In addition, the study talks about the potential opportunities and current trends in the dietary fiber market across the globe.
According to the research study, the global dietary fiber market is expected to register a progressive 13.0% CAGR between 2016 and 2020. The rising popularity of dietary fiber products as functional foods is the primary factor encouraging the growth of the dietary fiber market across the globe. In addition, the rising number of new products is expected to fuel the growth of the market throughout the forecast period. On the flip side, stringent government rules and regulations are anticipated to pose a challenge in the coming years.
On the basis of product type, the global dietary fiber market has been classified into insoluble and soluble fiber. Among these, the insoluble fiber segment is projected to lead the overall market, owing to the increasing number of people diagnosed with obesity. This segment is estimated to account for a 55.0% share in the global market by the end of 2020. Furthermore, the rising cases of coronary heart and cholesterol disorders and various other health issues is projected to contribute extensively towards the development of this segment.
From a geographical perspective, North America is expected to lead the global dietary fiber market and account for a share of 39.0% by the end of 2020. As per the research study, the rising weight management concerns and an enormously rising population worldwide are some of the factors augmenting the growth of the dietary fiber market in North America. In addition, a substantial rise in the demand for functional foods is estimated to supplement the growth of the dietary fiber market in the next few years.
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The global market for dietary fiber is extremely fragmented in nature and is expected to experience intense competition in the next few years. Key players in the market are emphasizing on quality, price, reputation, service, innovation, and promotion in order to gain competitive advantage in the global market. In addition, these players are making notable efforts to increase their market penetration and attain a leading position in the market.
The prominent players in the global dietary fiber market include Cargill, Lonza Group, Tate and Lyle, Roquette Freres, DuPont, and Archer Daniels Midland. Some of the other key players mentioned in the research study are Kfsu, Fiberstar, SAS Nexira, Grain Millers, VDF Futureceuticals, Cosucra Groupe Warcoing, Z-Trim Holdings, and SunOpta. In order to provide a strong understanding of the market, key policies and strategies adopted by the players have been included in the research report.
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