Insoluble Dietary Fibers Market Leveraging Growing Demand for Functional FoodPosted by industryarc on August 7th, 2019 The insoluble dietary fibers market is witnessing a substantial growth, owing to the availability of raw materials, rising demand for functional food, and consumer inclination towards the fiber rich products. This resonates the findings of a recent business intelligence publication from IndustryARC, which evaluates the global insoluble dietary fibers market value at ,583.54m by the end of 2023, and the demand is anticipated to grow at a CAGR of 7.8% during the forecast period 2018-2023. The IndustryARC’s report titled “Insoluble Dietary Fibers Market: By Type (Hemicellulose, Lignin, Cellulose, Resistant starch, Chitin & Chitosan, Fiber, Others); By Function( Anti-Caking Agent, Bulking/ Texturing Agent, Fat Substitute, Water binding Agent, Others); By Sources( Whole grain, Vegetable, Fruits, Others); By End-Use Industry (Food Industry, Animal feed Industry, Pharmaceutical, Others); By Geographic Analysis - Forecast (2018-2023)” incorporates that there is an increase in the adoption of dietary food products due to its functional and health benefits which is boosting the insoluble dietary fibers market. The growing occurrence of many health problems such as diabetes, heart disorder, obesity, and cholesterol are projected to increase the market revenue in the foreseeable future. View Full Table Of Content Of Insoluble Dietary Fibers Market: https://www.industryarc.com/Report/7435/insoluble-dietary-fibers-market.html
Consequently, the key application cited is the food and beverage industry. Rising consumer awareness towards healthy lifestyle coupled with health concerns and the government’s promotional activities regarding the intake of daily nutrition is augmenting the demand for the insoluble dietary fibers market. Moreover, this application segment in the insoluble dietary fiber market revenue is estimated to grow at a CAGR of 7.4% during the aforesaid forecast period. Insoluble Dietary Fibers Market: Market Trends and Growth Drivers · Globally, the insoluble dietary fiber is gaining popularity as a nutritional ingredients. For instance, Novelose, a product launched by Ingredion Incorporated in 2017, which was a new line of low cost-in-use dietary fibers for the manufacturers that wanted to add fiber in the food easily. · In certain emerging countries, the governments have declared dietary recommendations to provide impetus to the employment of dietary fibers in the food, and pharmaceutical industries. This is, however, booming the industry and rising consumer attention towards the natural and safer ingredients. Insoluble Dietary Fiber Market: Competitive Landscape
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