Market Overview:
The Global Diet Fiber Market size is expected to grow from USD 8.79 billion in 2022 to USD 25.73 billion by 2030, at a CAGR of 14.36% during the forecast period (2023-2030).
Diet Fiber refers to the administration of drugs or biologicals intravenously or subcutaneously to a patient. For home infusion, need medication (antivirals, immune globulin), machinery (pump), and supplies (tubing and catheters). Diet Fiber can be used in place of oral medication. Nurses frequently visit the infusion site to monitor the infusion site and change the dressing as well as instruct patients or caregivers on how to self-administer the medication and inform them of side effects and therapeutic goals. To ensure that the home infusion procedure is successful, patients, doctors, hospital discharge planners, health plans, home infusion pharmacies, and, if necessary, home health organizations must all collaborate.
Top Key Players in the Diet Fiber Market:
Cargill (US), Archer Daniels Midland Company (US), DuPont (US), Tate & Lyle (UK), Lonza (Switzerland), and Other Major Players.
Market Dynamics and Factors for Diet Fiber Market:
Drivers:
Increasing Health Related Concerns
The Diet Fiber Market is experiencing a significant surge in growth, driven in large part by the increasing health-related concerns among consumers. In recent years, there has been a remarkable shift in dietary preferences, with more individuals becoming health-conscious and seeking to improve their overall well-being. This shift has spurred a greater awareness of the critical role that dietary fiber plays in maintaining good health.
Consumers are becoming increasingly concerned about health-related issues such as obesity, diabetes, heart disease, and digestive disorders. This heightened awareness has prompted a shift towards healthier dietary choices, including a higher intake of fiber-rich foods. Dietary fiber is known to offer a wide array of health benefits, including aiding in weight management, regulating blood sugar levels, reducing cholesterol, and promoting digestive health.
Opportunities:
Developing Products to Help with the Treatment of Disease
Developing products to help with the treatment of diseases presents a significant opportunity for the Diet Fiber Market. As our understanding of the critical role that diet plays in overall health and disease management continues to evolve, dietary fiber has emerged as a versatile and beneficial component in the arsenal against various health conditions.
Dietary fiber has been associated with a range of health benefits, including aiding in the prevention and management of chronic diseases such as heart disease, diabetes, and certain types of cancer.
Segmentation Analysis of the Diet Fiber Market:
- By type, the Soluble Diet Fiber segment is expected to dominate the market. Fruits, nuts, vegetables, cereals, whole grains, and seeds are the sources of soluble types that are safe for consumption by both animals and humans.
- By Application, food and beverage are likely to dominate in this area. This trend is expected to continue during the forecast period owing to the increasing consumer awareness regarding the significance of dietary fibers in daily meals.
Regional Analysis of the Diet Fiber Market:
Asia Pacific is expected to dominate the market during the forecast period. During the forecast period, the dietary fiber market in India is anticipated to expand significantly. Increased prevalence of chronic conditions like diabetes and high blood pressure is anticipated to further fuel the market for diet fibers.
The growth of the diet fiber market is being impacted by the use of social media and millennials' growing concern for their health as a result of dietary endorsements and promotions.
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
Key Industry Development:
In April 2022, Ingredion Incorporated acquired Germany-based KaTech, which provides advanced texture and stabilization solutions to the food and beverage industries. This acquisition expands Ingredion's Food Systems platform with a comprehensive suite of innovative solutions that assist food and beverage manufacturers with product formulation, ingredient functionality, and technical assistance.
In September 2020, Tate & Lyle opened a new Customer Innovation and Collaboration Center in Santiago, Chile. The new center includes application and rapid prototyping capabilities, which will allow Tate & Lyle's food scientists to collaborate with customers in the region to address the growing demand for solutions that help reduce sugar, fat, and calories and add fiber to consumer products.
