Research Nester’s recent market research analysis on “Dietary Fibers Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global dietary fibers market in terms of market segmentation by raw material, type, application, and by region.
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Growing Concern for the Prevalence of Chronic Diseases to Promote Global Market Share of Dietary Fibers
The global dietary fiber market is estimated to grow majorly on account of the increased cases of chronic diseases such as diabetes, heart disease, stroke, cancer, obesity, arthritis, and others. Through the use of dietary fibers, the global population could prevent various health issues and further maintain a healthy lifestyle. According to the World Health Organization, non-communicable diseases (NCDs) account for 41 million annual fatalities or 74% of all fatalities worldwide. Before the age of 70, 17 million individuals per year pass away from an NCD. Furthermore, the rising awareness of health maintenance and a shift towards adopting a healthy lifestyle is also estimated to create favorable opportunities for increasing the consumption rate of dietary fibers.
Some of the major growth factors and challenges that are associated with the growth of the global dietary fibers market are:
Growth Drivers:
• Surge in the Global Healthcare Industry
• Rising Healthcare Expenditure
Challenges:
The rising concern for several people allergic to gluten along with the high number of side-effects owing to the excessive consumption of dietary supplements and the escalation rules in approval of dietary fibers are some of the major factors anticipated to hamper the global market size of dietary fibers.
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By raw materials, the global dietary fibers market is segmented into fruits & vegetables, nuts & seeds, and cereals & grains. Among these segments, the cereals & grains segment is expected to garner a significant share in the year 2035. The growth of the segment is expected on account of increased consumption of fiber from cereals and grains owing to its easy availability, cost-effectiveness, and other benefits above others. Moreover, the rising production of cereals around the world is another factor for segment growth during the forecast period. Intake of fiber from cereal foods is the highest in the globe, supplying around 32 to 49% of the total in the United States and Europe, respectively. Moreover, around 89% of all cereal production globally is made up of wheat, rice, and maize.
By region, the North American dietary fibers market is to generate the highest revenue by the end of 2035. This growth is anticipated by increasing awareness about health and rising cases of chronic diseases in the region. Every sixth adult in America, according to the Centers for Disease Control and Prevention, has a chronic illness. In addition, 4 out of 10 adults have two or more chronic conditions. Furthermore, since the pandemic started, about 7 in 10 people are more conscious of how they treat their bodies. Other factors for market expansion in the region include the rising healthcare expenditure by Americans on health and fitness along with the availability of a robust healthcare base in the region.
This report also provides the existing competitive scenario of some of the key players of the global dietary fibers market which includes company profiling of Emsland Food Group, Cargill, Incorporated, Kerry Group plc., The Green Labs LLC, Nexira, Farbest Brands, J. RETTENMAIER & SOHNE GmbH + Co KG, Taiyo International, Beneo GmbH., AGT Food and Ingredients Inc., and others.
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