Global Food Fibers Market is Booming Market Growing by 2026 with Top Key Players

Posted by nileshdbmr on November 28th, 2019

Global food fibers market is expected to register a substantial CAGR of 7.36% in the forecast period of 2019-2026.

Food fiber is a type of carbohydrate that the enzymes of our bodies cannot digest. It can be discovered in edible plant products like vegetables, cereals, dried peas, fruits, nuts, grains and lentils. Fiber is categorized as soluble, insoluble or resistant starch by its physical characteristics. All three fiber kinds have significant roles to play. Food fiber helps to maintain the gut healthy and helps to decrease the risk of illnesses like diabetes, heart disease and intestinal cancer. They help in controlling obesity and regulating the ire functioning of human body.

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Competitive Analysis:

Global food fibers market is highly fragmented market and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of food fibers market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in global food fibers market are Cargill, Incorporated, Tate & Lyle, Archer Daniels Midland Company, Roquette Frères, SunOpta, Nexira, Grain Processing Corporation, Kerry Inc., J. RETTENMAIER & SÖHNE GmbH + Co. KG, Germany Trade & Invest, DuPont, BENEO, Lonza, AdvoCare, Foodchem International Corporation, CreaFill Fibers Corporation, Fiberoptic Systems, Inc., Fibersol among others.

Segmentation: Global Food Fibers Market

Global Food Fibers Market By Type (Soluble Fibers, Insoluble Fibers), Application (Bakery and Confectionery, Dairy, Meat, Poultry, Seafood, RTE Products, Beverages, Others), Region (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Drivers

  • Increasing food fiber consumption along with demand for a healthy life style by consumers across the globe will boost the market growth
  • The health benefits of food fibers are decreased cholesterol level, body sugar control, reduced risk of cardiovascular disease, hypertension, and obesity; these benefits of food fiber will help to drive the growth of market
  • Changing consumer lifestyle along with increase in preference of fiber fortification and supplements will also fuel the growth of this market
  • Rising disposable income of people in developing economies is another driving factor of this market

Market Restraints

  • High cost may hamper the growth of the market
  • Lack of awareness about food fibers in developing economies may restrain the growth of the market
  • The restrictive factor for the market is strict regulations and compliance with production processes.

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