Demand for insoluble fiber for use in functional food & beverage end use has been observed to be steadily growing, and is expected to showcase the same pace over the coming years. North America, being the top region, will witness higher demand for insoluble fibers as compared to other regions. Growing pharmaceutical industry is also set to bolster demand growth of insoluble fibers.
As per Fact.MR’s latest revised report, the market is estimated to be valued at around US$ 2 Bn by the end of 2021, and is expected to expand at a CAGR of 6% over the long-run forecast period. In 2020, the COVID-19 outbreak mildly hit the market and it witnessed a decline in demand from its top regional markets, namely North America and Asia Pacific. All in all, the insoluble fiber market is set to get back on track by Q2 of 2021, and is expected to witness increased demand due to growing preference of people to stay healthy and have a well-maintained health status.
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Insoluble Fiber Market – Scope of Report:
A latest publication by Fact.MR on the global Insoluble Fiber market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.
The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.
The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2021-2031.
Important indicators for the successful growth of the Insoluble Fiber market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.
This research study can support readers to know the demand for Insoluble Fiber supplements, and the quantitative development opportunities during the study period.
The research is beneficial for shareholders in Insoluble Fiber, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.
Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.
Competitive Landscape:
The global insoluble fiber market is fragmented in nature, and growth of end-use industries coupled with public inclination towards intake of insoluble fiber is set to boost demand. Players such as DuPont, Ingredion, Koninklijie DSM N.V, and others are increasing their production capacities in order to fill the demand-supply gap in the market. Players such as SunOpta, Ausperl Group Pty Ltd., Batory Foods, and Grain Processing Corporation are adopting different strategies to maintain their presence and expand their market share. Detailed illustration is provided in the revised report recently published by Fact.MR.
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Report benefits & key questions answered
- Post covid consumer spending on Insoluble Fiber: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
- Insoluble Fiber demand outlook: the market intelligence study reports highlights the factor propelling the demand for Insoluble Fiber. As per the study, the demand for Insoluble Fiber will grow through 2031.
- Insoluble Fiber historical volume analysis: survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2021-2031.
- Insoluble Fiber consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.
Insoluble Fiber Market Segmentations:
-
Product
- Cellulose Insoluble Fiber
- Hemicellulose Insoluble Fiber
- Chitin & Chitosan Insoluble Fiber
- Lignin Insoluble Fiber
- Bran Insoluble Fiber
- Resistant Starch Insoluble Fiber
- Others
-
Source
- Fruits
- Exotic Fruits
- Citrus Fruits
- Others
- Vegetables
- Cereals & Grains
- Legumes
- Others
- Fruits
-
Application
- Pet Food with Insoluble Fiber
- Functional Food & Beverages with Insoluble Fiber
- Pharmaceutical & Dietary Supplements with Insoluble Fiber
-
Region
- North America
- Latin America
- Eastern Europe
- Western Europe
- APEJ
- Japan
- MEA
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