Market Size of Dietary Fiber Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 13.23 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Dietary Fiber Market Analysis
Global dietary fiber market is projected to grow at a CAGR of 13.23% during the forecast period.
- With the improved standard of living the related health issues are also increasing. This is mainly due to the imbalanced diet, the major diseases arediabetes, cardiocerebrovascular disease, obesity, intestinal cancer, constipation etc.
- This scenario has boosted the demand for functional foods which includes dietary fibers. The various health benefits of dietary fibers are the major driver of the market.
- Dietary fibers have various emerging application in the food and beverage industry which has various benefits on the consumer.
- The various regulations by the regulatory bodies is a factor restricting the growth of the market.