Dietary fibers are ingredients present in the food products that encourage waste movement inside the body. Consumption of dietary fibers based food products also reduces the risk of chronic diseases such as diabetes and cardiovascular disease by lowering the level of blood sugar in the body. Moreover, they also support weight management.

The Global Dietary Fibers Market is projected to surpass US$ 50.67 million by the end of 2028, in terms of revenue, growing at CAGR of 15.1% during the forecast period (2021 to 2028).

Market Dynamics

R&D of low FODMAP dietary fibers is expected to propel growth of the global dietary fibers market over the forecast period. For instance, in March 2020, MGP Ingredients, Inc., a provider of specialty proteins and starches, announced that its dietary fibers, Fibersym RW and FiberRite RW resistant wheat starches, were certified as low FODMAP ingredients by Monash University, Melbourne, Australia.

Major players operating in the global dietary fibers market focused on adopting M&A strategies to expand their product portfolio. For instance, in April 2021, SunOpta Inc. acquired Dream and WestSoy plant-based beverage brands from The Hain Celestial Group, Inc.

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Detailed Segmentation:

Global Dietary Fibers Market, By Source:

Cereals & Grains

Wheat

Rice

Bran

Others

Fruits & Vegetables

Others

Global Dietary Fibers Market, By Type:

Soluble Dietary Fibers

Inulin

Polydextrose

Pectin

Beta-Glucan

Global Dietary Fibers Market, By Applications

Functional Foods & Beverages

Animal Feed

Pet Foods

Pharmaceuticals

Major Keyplayers: Cargill, Incorporated, Archer Daniels Midland, Ingredion Incorporated, E. I. du Pont de Nemours and Company, Tate & Lyle PLC, SunOpta Inc., Suedzucker AG Company, Grain Processing Corporation, J. RETTENMAIER & SÖHNE GmbH & Co KG, and Roquette Frères S.A

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