Fiber Food Ingredients Market

Fiber Food Ingredients Market Growth and Forecast (2022 - 2027):

Fiber Food Ingredients Market size was worth USD xx million in 2021, and it is foreseen to reach a valuation of USD xx million, registering an annual progression rate (CAGR) of xx% between 2021 and 2026.

Market Overview:

Fiber Food Ingredients are essential to stay healthy. They are made up of phytochemicals, fiber, and all essential nutrients like selenium, potassium, and magnesium. Fiber Food Ingredients include Asian pears, avocados, coconuts, berries, artichokes, figs, peas, acorn squash, okra, and turnips. Also, as consumers are increasingly concerned about health risks, their regular diet includes increasing amounts of whole grain and Fiber Food Ingredients. Additionally, the ingredients in Fiber Food Ingredients are a great source of nutrients and Fiber Food Ingredients that can help improve weight retention, control blood cholesterol, and reduce the risk of heart disease, stroke, and asthma.

Recent Developments in Fiber Food Ingredients Industry:

• In July 2020, Herbalife Nutrition introduced its Active Fiber Complex Select, which is supposed aid digestive health in the countries like the United States, Canada and Puerto Rico. This product is formulated to aid digestion in adults by providing the ideal balance of soluble and insoluble dietary fiber.
• In April 2018, Unipektin Ingredients launched Vidofibres BF, a next generation sugar beet fiber. This was done by adopting an improved production method. The new beet fiber has less flavor and color compared to the existing beet fiber on the market.

Fiber Food Ingredients Market Growth:

Growing consumer awareness of maintaining a healthy diet will be a key factor influencing the expansion of the global Fiber Food Ingredients market.

REPORT COVERAGE:

Drivers:

The increasing popularity of prebiotics is expected to have a positive impact on the market demand for Fiber Food Ingredients, especially water-soluble fibers. The health benefits of Fiber Food Ingredients have long been evaluated. High intake of these Ingredients reduces cardiovascular disease. Fiber Food also plays an important role in gut health, as well as further enhancing the researched market for weight loss. This has led to significant demand for Fiber Food Ingredients based products as consumers realize the benefits of reducing conditions such as high blood pressure, disability, cardiovascular disease, and obesity. Also, the introduction of functional foods into eating habits due to the lack of quality fruits and vegetables will have a positive impact on global Fiber Food Ingredients market demand. Consumers are also beginning to check dietary recommendations as they transition to preventive health care and lifestyle. Gastrointestinal illnesses, lifestyle illnesses, and increased spending on personal care will trigger the need for Fiber Food Ingredients. Increased health awareness due to the rise in heart disease, cancer, and diabetes has led consumers to prefer fiber-based foods with added health benefits. It is also estimated to promote the Fiber Food Ingredients market growth. The consumer awareness of a healthy diet increases and demand for products that lead an active lifestyle increases, which is supporting the business expansion. The rising awareness of Fiber Food Ingredients consumption and the health benefits of fiber is an important factor supporting market growth in the region.

The efficacy of fiber food ingredients in preventing and treating certain gastrointestinal diseases and conditions contributes to the growth of the global fiber food ingredients market. In addition, the launch of innovative products with better taste and quality and greater awareness of nutrients is another factor driving the market demand for fiber food ingredients. Also, dietary fiber is widely used among functional foods. Due to changes in lifestyle and eating habits, a variety of health problems are on the rise among current generations. This made people better aware of what to eat and where to buy it. As health concerns increase, people spend more on healthy foods. This factor is also driving the growth of the global Fiber Food Ingredients market. Growing consumer awareness of the health benefits of foods or supplements rich in dietary fiber is estimated to drive the Fiber Food Ingredients industry in the future. In addition, the consumer perception that diet products are better suited to dietary needs than regular diets, combined with the benefits these products offer, such as intestinal health and control of blood sugar and cholesterol levels, creates lucrative opportunities for the global Fiber Food Ingredients market.

Restraints:

Strict food policies on quality food production, combined with the challenges that processed food manufacturers face in achieving quality standards, are several challenges that hamper the Fiber Food Ingredients market growth. Technological difficulties with responsiveness and stability of products have been one of the main challenges facing the industry using dietary fiber, and this factor is likely to hamper the growth of the global Fiber Food Ingredients market in the coming years.

Fiber Food Ingredients Market Segmentation Analysis:

The global Fiber Food Ingredients market is segmented by type into insoluble fiber and water soluble fiber. Soluble fiber segments are further divided into pectin, inulin, beta-glucan, polydextrose, and other soluble fibers, and insoluble fibers include lignin, cellulose, resistant starch, chitin and chitosan, hemicellulose, and other insoluble fibers. The inulin segment is expected to occupy the largest market share in terms of revenue by 2026, which is widely used as a flavor-enhancing additive in a variety of foods and beverages, and serves as a substitute for fats and sugars in various food applications. Frozen dairy desserts, bakery and pastry products, etc. Additionally, increased R&D activity for inulin and other soluble fiber types such as polydextrose and pectin is expected to improve the overall coverage of the product offering in the market over the next few years. Insoluble dietary fiber is supposed to show the fastest growth during the conjecture period due to increased consumption of functional foods, increased consumer health awareness, and changes in consumer eating habits. In addition, insoluble dietary fiber, from oats, wheat, corn, potatoes, peas, rice and legumes, helps reduce the risk of developing various health conditions such as high blood sugar levels, constipation, high cholesterol and obesity.

By application, the Fiber Food Ingredients market is segmented into Food and Beverages, Dairy, Bakery and Confectionery, Dietary Supplements, Poultry and Seafood, Meat, Ready-to-Eat Products, Beverages and Pharmaceuticals. The food and beverage applications accounted for the dominant portion of the market and record over 44% of global sales in 2021. Consumer confidence in the health benefits associated with dietary fiber is one of the key factors driving growing demand of products. Also, the growing consumption of healthy and functional foods is likely to drive the Fiber Food Ingredients market in the coming years. In the food industry, breakfast cereals are in high demand due to their better nutritional content. The high demand is also due to the side effects of processed foods and fast foods, as well as the increase in consumer health problems with excessive calorie consumption.

Impact of COVID-19 on the Fiber Food Ingredients Market:

Coronavirus has already had a global impact with significant economic impacts in all regions and markets. However, the market for functional raw materials like Fiber Food Ingredients is showing an unprecedented increase since COVID-19, which hits the health of the general public. This is mainly due to consumers increasingly turning to value-added foods to supplement their immune systems.

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

North America has the largest share in the global Fiber Food Ingredients market. The United States is the main country with the largest market share in the region. Consumers in the region are well aware of the health and cancer benefits of functional food ingredients. Also, dietary supplements are very popular with consumers. The Asia Pacific region is foreseen to grow at the highest CAGR during the conjecture period. In this region, the demand for Fiber Food Ingredients is increasing as awareness of functional food ingredients increases and disposable income increases. Besides, the region has the largest population as the growth potential of the region's market is very high during the forecast period. The European Fiber Food Ingredients market is also driven by growing demand for dietary supplements and functional food and beverage products. The British Food Standards Agency (FSA) has adopted the international AOAC method to approve the labeling of inulin as a fiber.

Key Players in the Market:

Major Key Players in the Global Fiber Food Ingredients Market are

• The Ingredion and Ingredion Idea Labs
• Cargill Incorporated
• SunOpta Inc
• Tate and Lyle
• Nexira
• Jiangsu Huachang (Group) Co. Ltd
• Roquette
• Archer Daniels Midland Company
• Lonza Group
• Grain Millers Inc
• FutureCeuticals
• KFSU LTD Australia
• Cosucra Groupe Warcoing
• Sudzucker
• BarnDad Innovative Nutrition
• Grain Processing Corporation
• Unipektin Ingredients