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.
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.
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.
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.
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.
1.1 Research Methodology
1.2 Definition of the Market
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
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
4.2.1 Delayed and Inconsistent Regulatory Standards for Approval
4.2.2 Technical Difficulties Pertaining to Reactivity and Stability
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
5.2 By Product Type
5.2.3 Chitin & Chitosan
5.2.5 Resistant starch
5.3 By Application
5.3.5 Pasta & Soups
5.4 By Geography
18.104.22.168 South Africa
22.214.171.124 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