The "Dietary Fibers Market is estimated to be valued at USD 5.3 billion in 2020 and is projected to reach USD 9.6 billion by 2025, recording a CAGR of 12.5% in terms of value. The growing demand for fiber supplements to meet the nutritional need of the individual and the health benefits of dietary supplements are projected to drive the growth of the dietary fibers market, globally.
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The North American region dominates the dietary fibers market with a share of 34.4% in 2019, whereas Asia Pacific is to witness the highest growth rate.
The North American dietary fibers market is projected to witness growth with the rising demand for fiber supplements due to an increase in health awareness and a high surge in the exports to other countries. In addition to this, it is the innovation in the fiber supplements market, such as a fiber supplement products that are offered in multiple flavors and combinations (such as cinnamon oatmeal raisin and cranberry lemon drizzle), that aids in lowering the cholesterol levels and promotes better heart health.
Moreover, according to the FAO, dietary fiber reaches the large intestine and is fermented by the colonic microflora, with the production of short-chain fatty acids (SCFA), hydrogen, carbon dioxide, and biomass.
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Key players in the dietary fiber market include Beneo (Germany), DuPont (US), Kerry Group (Ireland), Nexira (France), Lonza (Switzerland), ADM (US), and Tate & Lyle (UK).
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