The insoluble dietary fiber market refers to the global industry involved in the production, distribution, and consumption of insoluble dietary fibers. A significant producer of bay leaf oil is the Dominican Republic, located in the Caribbean where the majority of Pimento racemose plants are grown. The Dominica Essential Oils and Spices Co-operative is the cooperative in charge of producing over 65% of the island nation’s total amount of blended bay leaf oil. Every year, the cooperative generates about 4,500 gallons of bay leaf oil. The cooperative either sells its bay leaf oil directly to consumers in the US or Europe, or it sells it through brokers. The Dominican Republic is where the bay tree is found growing. However, the southeast of the Dominican Republic is home to the majority of the bay leaf oil’s producers and distilleries.
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With a projected 9.2% compound annual growth rate (CAGR) to reach USD 5304.6 million, the insoluble dietary fiber market is now valued at USD 2,200 million.
The in-depth analysis of the global market for insoluble dietary fiber reveals a number of factors, including trends, advancements, opportunities, constraints, and drivers in key geographical areas. Extensive analysis on each segment of the market along with value and volume forecast projections portrays a realistic picture of the growth direction of the market that can assist the reader in deciding future moves and plan strategies.
Global Insoluble Dietary Fibre Market: Segmental Snapshot
The global insoluble dietary fibre market is segmented by product type, by application, by source and by region.
- By region, North America is expected to show high attractiveness in the coming years. The insoluble dietary fibre market in this region is expected to reach a high value of about US$ 1.1 Bn by 2027 end and is likely to dominate the global market. Insoluble dietary fibre market in Asia Pacific excluding Japan (APEJ) region is projected to grow at the highest rate to reflect a CAGR of 7.0% throughout the period of forecast
- By product type, cellulose segment is the largest and radiates high potential. It is projected to show fast pace and a compounded annual growth rate of 6.5% during 2017-2027. By the end of 2027, it is estimated at around US$ 1.6 Bn
- By source, cereals and grains segment leads the global market. The fruits segment is poised to register a high CAGR of 6.2% during the period of assessment
- By application, functional food and beverages segment reflects a revenue of around US$ 1 Bn in 2017. The pharmaceutical and dietary supplements segment in this category is the fastest growing segment in the coming years
Global Insoluble Dietary Fibre Market: Forecast Analysis
The research report on global insoluble dietary fibres segment reflects growth opportunities for players involved in the market. According to this research, the global insoluble dietary fibre market is valued at US$ 1.6 Bn in 2017 and is estimated to reach US$ 2.9 Bn by the end of 2027, growing at a high 6.0% CAGR throughout the period of forecast.
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Global Insoluble Dietary Fibre Market: Dynamics Impacting Growth
Various factors have an impact on the growth of the global market for insoluble dietary fibres. Aspects such as increasing awareness about the health benefits of dietary fibres, rising demand from diabetic patients, increasing use of insoluble dietary fibres in food fortification, increasing use of pectin in processing of food products, rising use of insoluble dietary fibres in animal feed, increasing consumption of functional food products, increasing consumer preference for encapsulated products, rising demand for beverages, increasing popularity of resistant starch, increasing investment in sports nutrition, rising expenditure on research and development and growing recognition of lignin are pushing the growth of the global insoluble dietary fibres market. However, factors like fluctuating input costs, stability challenges of encapsulates and side effects associated with excessive intake of insoluble dietary fibres are pulling the growth of the global market.
Global Insoluble Dietary Fibre Market: Competitive Assessment
The research report on global insoluble dietary fibres market includes detailed competitive analysis on major companies such as Ingredion Incorporated Chr. Hansen Holding A/S, Unipektin Ingredients AG, SunOpta, Inc., NEXIRA, E. I. du Pont de Nemours and Company, CP KELCO, Tate & Lyle PLC, Grain Processing Corporation, Cargill Incorporated, Archer Daniels Midland Company, TIC GUMS Inc., Rettenmaier & Söhne GmbH Co. KG, Roquette Frères, Barndad Nutrition, Südzucker Ag, Emsland-Group and International Fiber Corporation.
Segmentation based on Insoluble Dietary Fiber Market
By Product Type:
- Hemicellulose
- Cellulose
- Resistant Starch
- Lignin
- Chitosan & Chitin
- Bran
- Others
By Source:
- Vegetables
- Legumes
- Grains & Cereals
- Others
- Fruits
- Citrus Fruits
- Exotic Fruits
- Others
By Application:
- Dietary Supplements & Pharmaceuticals
- Beverages & Functional Food
- Pet Food
- Others
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Frequently Asked Questions
- How much is the Insoluble Dietary Fiber industry currently worth?
- At what CAGR is the market expected to grow?
- How was the performance in the last five years?
- What are the key trends boosting Insoluble Dietary Fiber sales?
- How are market players reacting to the new developments in the market?
- How much share do the top 5 companies hold?
- Which are the major countries driving demand for Insoluble Dietary Fiber?
- Who are the major players in the Insoluble Dietary Fiber Industry
- What outlook does APAC provide?
- At what rate will the U.S. Insoluble Dietary Fiber industry grow?
- At what level does the report reflect pricing analysis?
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