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Africa Insoluble Dietary Fibers Market- Growth, Trends, and Forecast (2020 - 2025)

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Market Insights

The African insoluble dietary fibers market has been estimated at USD 78.1 million in 2018 and is projected to reach USD 120.5 million by 2023, at a CAGR of 7.5% during the forecast period, 2018 to 2023. Insoluble dietary fibers have multi-disciplinary uses, some of which include being employed as bulking agents in reduced-sugar applications, as an effective moisture manger in fat replacing, as a tool for incorporating texture, and as a natural antioxidant. They also have an extensive use as a bulking agent in the bakery industry, which accounts to 31.0% of the total market share.

Market Dynamics

Rising health concerns and demand for quality food is mainly driving the insoluble dietary fiber market in the region. And also, the increase in the purchase power of the consumers and awareness on the benefits of fiber intake is further driving the African insoluble dietary fibers market. The lack of awareness in most of the regions of Africa is a hindrance to the growth of the market. Also, the developing regions provide a platform for the companies to increase their market share and contribute to the development of the region.

Market Segmentation

The market is segmented based on function type, product type and by application. The market is further divided into bulking agent, fat replacer, texturing agent under Function type. The bulking agent is having the highest market share followed by the fat replacing agents. On the base of type of insoluble dietary fiber, it can be segmented as Cellulose, Hemi Cellulose, Chitin, Chitosan, Lignin, and resistant starch. These fibers find several applications in Bakery food, Confectioneries, in Meat industry etc.

Regional Analysis

The African region represents a small but a rapidly growing market. Countries, like South Africa, Egypt, and Nigeria are the most important players, with South Africa leading the African insoluble dietary fiber market. The technical functionalities of the using insoluble fibers are important to the African landscape as this provides an adequate cost cutting mechanism.

                                       

Key Developments

  • April 2017 - Ingredion Incorporated, a leading global provider of ingredient solutions to diversified industries, launched a new line of low cost-in-use dietary fibres for manufactures wanting to easily add fibre to foods – the NOVELOSE™

Competitive Landscape

Major Players - Archer Daniels Midland Company, Cargill Inc., E. I. Dupont De Nemours and Company, Fibrisol Service Limited, Grain Processing Corporation, Ingredion Incorporated, J. Rettenmaier & Söhne Gmbh & Co., Roquette Frères, Shanghai Nuoshen Food Trading Co., Ltd., Südzucker Ag, Sunopta, Inc., Taiyo Lucid Pvt Ltd., Tate & Lyle PLC., among others.

Reasons to Purchase this Report

  • Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
  •  Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet in excel

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1. INTRODUCTION

              1.1 Research Methodology

              1.2 Definition of the Market

              1.3 Assumptions

2. KEY FINDINGS OF THE STUDY

3. MARKET OVERVIEW

              3.1 Introduction

4. MARKET DYNAMICS

              4.1 Drivers

                            4.1.1 Increasing Western Influence and Awareness of Health Benefits from Dietary Fibers in Developing Countries

                            4.1.2 High Demand For Processed and Convenience Foods in Western Countries

                            4.1.3 Increasing Demand for Fiber Supplements to Fulfill Nutritional Requirement Globally

              4.2 Constraints

                            4.2.1 Delayed and Inconsistent Regulatory Standards for Approval

                            4.2.2 Technical Difficulties Pertaining to Reactivity and Stability

              4.3 Opportunities

                            4.3.1 Higher Incidence of Application in Weight Management and Healthcare Industry

                            4.3.2 Identification of New Active Ingredients

              4.4 Porter's Five Forces Analysis

                            4.4.1 Bargaining Power of Suppliers

                            4.4.2 Bargaining Power of Buyers

                            4.4.3 Threat of New Entrants

                            4.4.4 Threat of Substitute Products and Services

                            4.4.5 Degree of Competition

5. MARKET SEGMENTATION

              5.1 By Function Type

                            5.1.1 Bulking agent

                            5.1.2 Fat Replacer

                            5.1.3 Texturing agent

                            5.1.4 Others

              5.2 By Product Type

                            5.2.1 Cellulose

                            5.2.2 Hemi-cellulose

                            5.2.3 Chitin & Chitosan

                            5.2.4 Lignin

                            5.2.5 Resistant starch

                            5.2.6 Others

              5.3 By Application

                            5.3.1 Bakery

                            5.3.2 Beverages

                            5.3.3 Confectionaries

                            5.3.4 Meat

                            5.3.5 Pasta & Soups

                            5.3.6 Others

              5.4 By Geography

                            5.4.1 Africa

                                          5.4.1.1 South Africa

                                          5.4.1.2 Rest of Africa

6. Competitive Landscape

              6.1 Most Adopted Market Strategies

              6.2 Most Active Companies

              6.3 Market Share Analysis

7. Company Profiles

              7.1 Archer Daniels Midland Company

              7.2 Cargill Inc.

              7.3 E. I. Dupont De Nemours and Company

              7.4 Fibrisol Service Limited

              7.5 Grain Processing Corporation

              7.6 Ingredion Incorporated

              7.7 J. Rettenmaier & Söhne Gmbh & Co. Kg

              7.8 Roquette Frères

              7.9 Shanghai Nuoshen Food Trading Co., Ltd.

              7.10 Südzucker Ag

              7.11 Sunopta, Inc.

              7.12 Taiyo Lucid Pvt. Ltd.

              7.13 Tate & Lyle PLC

8. Appendix

              8.1 Abbreviations

              8.2 Sources

              8.3 Bibliography

              8.4 Disclaimer

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