Consumer & Retail

According to a market report by Lucintel, the future of dietary fiber in the food additive market looks promising with opportunities in the beverage, bakery and confectionery, convenience food, frozen dessert and dairy, and sauce and dressing applications. The global dietary fiber in the food additive market is expected to reach an estimated $5.3 billion by 2028 with a CAGR of 11% from 2023 to 2028. The major drivers for this market are growing urbanization coupled with increasing awareness towards the importance of maintaining a healthy diet and rising consumer preference towards natural food ingredients.



Insoluble and soluble are the two major segments of dietary fiber in food additive market by type. Lucintel forecasts that insoluble will witness a higher growth over the forecast period due to growing consumption of functional foods, increasing health concern among consumers, and changing diet pattern of customers.



Within this market, beverages is expected to remain the largest segment due to the increasing consumer demand for healthier food options, which are rich in dietary fiber, improves digestive health, and reduces cholesterol levels.

APAC will remain the largest region due to changing lifestyle pattern, increasing consumers' interest in healthy and functional food, and the presence of major food and beverage suppliers in this region.

BENEO, Lonza, Archer Daniels Midland Company, Batory Foods, Ingredion Incorporated, Roquette Freres, PURIS, Tate & Lyle, Emsland Group, and Cargill are the major suppliers for dietary fiber in the global food additive market.   



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for dietary fiber in the global food additive market by raw material, type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Dietary Fiber in the Global Food Additive Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for dietary fiber in the global food additive market by raw material, type, application, and region, as follows:

 

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the dietary fiber in food additive market by raw material (fruits & vegetables, cereals & grains, nuts & seeds, and legumes), type (insoluble and soluble), application (beverages, bakery and confectionery, convenience foods, frozen desserts and dairy, sauces and dressings, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?