GMI Dietary Fibers Market

Dietary Fibers Market to garner huge profits over 2017-2024, product innovations via M&As to outline the competitive landscape. Dietary Fiber Market size is estimated to exceed USD 9 billion by 2024; according to a new research report by Global Market Insights. Increasing consumer awareness pertaining to the benefits offered by fiber-fortified products will fuel dietary fibers market growth. Rising trends towards functional food along with increase in consumer affordability will enhance product penetration. As per industry estimates, over 50% of the functional foods in super/hypermarkets are fiber-fortified. Changing eating patterns accompanied by modern lifestyle will remain key driving factors. Food industry expansion due to consistent product development has eased the availability of dietary fibers including husk, bran, pomace, and peel. Advances in the fibrous food ingredients with more benefits and additional sources will enhance the industry size. Abundant availability of food byproducts and cost effectiveness will further drive industry growth. In addition, increasing sports nutrition and nutraceutical products intake among young and adults is stimulating dietary fibers market growth. U.S. Dietary Fibers Market Size, By Type, 2016 & 2024 (Kilo Tons) Health benefits including reduced risk of hypertension, obesity, stroke, heart and gastrointestinal diseases will drive the market growth. However, several issues such as rough texture and dark color have been severely restraining the popularity of fiber-fortified products hampering overall industry size. Various research and developments are being undertaken to address the limitation creating positive outlook for dietary fiber market growth.