North America Dietary Fibers Market

North America Dietary Fibers Market Growth and Forecast (2023 - 2028):

North America Dietary Fibers Market has been estimated at USD 1.34 Billion in 2022 and is projected to reach USD 2.45 Billion by 2028, at a CAGR of 12.8% during the forecast period from 2023 to 2028.

Market Overview:

Dietary fiber, or roughage, is the portion of food that is indigestible and derived from plants. High fiber intake makes the body less susceptible to diseases such as hypertension, strokes, and obesity. The nutrient profile of dietary fiber sources varies with soil and climatic conditions, which is leading to availability of different sources of soluble dietary fibers for their application in accordance with their type and consumer demand.

Drivers and Restraints:

The market for dietary fibers in North America is mainly driven due to factors like growing nutrients demand as dietary supplements, which is driving the demand for dietary fibers, along with additional benefits that go beyond basic nutrition are catered by functional foods and health supplements containing dietary fibers. But, the market growth can be restrained due to stringent rules by FDA in the amount of consumption of dietary fibers.

North America Dietary Fibers Market Segmentation Analysis:

North America market for Dietary fibers is segmented based on type, source, and application. By type, the market is further sub-segmented into Insoluble (Cellulose, Hemicellulose, Chitosan, Chitin, Lignin, Resistant starch) and Soluble (Insulin, Polydextrose, Pectin, Beta-glucan). By source, the market is further sub-segmented into Cereals & grains (Wheat, Oat, Legumes, Nuts), Fruits & vegetables, Other crops. By application, the market is further sub-segmented into Functional food & beverages (Beverages, Dairy, Bakery & confectionery, Breakfast cereals & snack bars, Meat products), Animal feed, Pet food, Pharmaceuticals. Soluble fibers are expected to witness significant growth owing to their properties to readily dissolve in water. Functional foods sector is the biggest market by application, where the dairy segment is estimated to be the largest market.

Region Analysis:

Geographically the North America Dietary Fibers Market is segmented into US, Canada and Rest of North America. North America is the largest market for Dietary fibers in terms of market share contribution in the North America market. North American market is characterized by high demand from end-use industries such as pharmaceuticals and dietary supplements.  

Key Players in the market:

Major Key Players in the North America Dietary Fibers Market are

• Archer Daniels Midland Company
• Cargill, Incorporated
• E. I. du Pont de Nemours and Company
• Südzucker AG
• Ingredion Incorporated
• Tate & Lyle PLC
• Roquette Frères
• SunOpta Inc