Market Size of Europe Insoluble Dietary Fibers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 9.80 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Insoluble Dietary Fibers Market Analysis
Europe Insoluble Dietary Fibers Market is expected to register a CAGR of 9.8%, during the forecast period of 2020-2025.
- The European market for insoluble dietary fiber is growing at a rapid pace because of the health benefits associated with insoluble fiber diet. Moreover, growing number of patents related to grinding and production of insoluble dietary fibers by key participants in the past decade are likely to create lucrative market scenario.
- The European bakery industry witnessed a considerable demand for natural and healthy bakery products employing dietary fibers as well. Furthermore, a demand for fiber supplements in fulfilling nutritional requirements in the western countries acted as a driver for the Europe Insoluble Dietary Fibers Market.