Functional Fibers Market: Synopsys
Reports and Insights deliver key insights on the Functional Fibers Market in terms of revenue, the functional fibers market is estimated to expand at a CAGR of 8.7% during the forecast period, owing to numerous factors, regarding which Reports and Insights offer thorough insights and forecasts in its report on the functional fibers market.
Market Report Stance:
The objective of this report on the functional fibers market is to discuss market dynamics, including market drivers, market restraints, functional fibers market opportunities for the major players, functional fibers market trends, market segmentation outlook, regional outlook, functional fibers market size, market forecast, market share, as well as the major players operating in the functional fibers market.
High-fiber foods have been proven beneficial over and over again to increase satiety, lower type 2 diabetes and heart disease risks, and improve digestive health. Attributing to the rise in health consciousness among consumers and associated soaring demand for nutritional supplements across the market, the leading manufacturers are introducing various kinds of fibers, known as isolated fibers or functional fibers, to different foods items and even beverages to help promote consumer intake. The soluble corn fibers such as polydextrose and dextrin are gaining huge applications in foods such as soups, cereals, baked products, and meal replacements. Owing to said factors, the global functional fibers market is projected to witness significant growth over the future years.
Functional Fibers Market: Dynamics
For the past few years, there has been a rapid surge in the demand for nourishing and nutrition significant foods by consumers worldwide. In addition to that, consumers around the world have become more aware regarding the health-promoting properties of functional fiber which has further boosted the demand for functional fibers across the market. Significantly, foods containing fiber have the capacity to offer some of the crucial health benefits, such as helping to maintain a healthy weight and lowering the risk of diabetes, heart disease and some types of cancer. The massive number of health as well as medical benefits of functional fibers are also prompting food manufacturers to develop and innovate products that can help consumers boost their fiber intake and meet regular requirements without sacrificing the enjoyment, taste, and texture of foods. Furthermore, several food scientists add fiber to different recipes for shelf-life extension, textural modification, margin expansion, as well as improved well-being. Taking such factors into account, the global functional fibers market is estimated to rise substantially in the coming years.
Functional Fibers Market: Regional Outlook
North America:
The global market for functional fibers is dominated by North America. The significant growth of the market in the particular region is due to an increase in the demand of nutritionally significant and nourishing foods and beverages in the region. In addition to that, rising incidence of various chronic diseases among the population including obesity, cardiovascular diseases, diabetes and some kinds of cancers is also driving the awareness among consumers regarding health diets. Owing to such factors, the North America functional fibers market is projected to rise substantially over the years.
Europe
Europe also holds a significant share in the global functional fibers market among all regions. The utility of functional fibers in various applications including personal care and beauty industry is one of the major factors that is anticipated to drive the market growth in the Europe region.
Asia pacific
Asia Pacific is projected to witness rapid growth in the functional fibers market in the future years. The swift manufacturing of dietary supplements in the region is primarily estimated to accelerate the functional fiber market growth in the region.
Functional Fibers Market Key Players:
There are several key players operating in the functional fibers market, some key players are given below:
J. RETTENMAIER & SÖHNE GmbH + Co KG
CP Kelco
CFF GmbH & Co. KG
BENEO
Axys Nutrition Products Pvt. Ltd.
Ingredion
Royal DSM NV
Functional Fibers Market: Segmentation Outlook
These segments provide a deeper understanding of the functional fiber market and allow for more targeted and effective market analysis and decision-making. The following factors can be used to divide the market for functional fiber market:
The functional fiber market is segmented based on type, nature, end use industry, and region.
Functional Fibers Market: By Nature Type
Based on the nature type, the global functional fiber market is segmented into organic and conventional.
Functional Fibers Market: By Grade Type
Based on the grade type, the global functional fiber market is segmented into food grade, industrial grade, and pharmaceutical grade.
Functional Fibers Market: By Source Type
Based on the end user, the global functional fiber market is segmented into fruits & vegetables, cereals & grains, nuts, seeds, legumes.
Functional Fibers Market: By Product Type
Based on the product type, the global functional fiber market is segmented into soluble fibers and insoluble fibers. The soluble fibers include Beta-Glucan, Inulin, Polydextrose, Pectin, Corn Fiber, Fructooligosaccharides (FOS), Galactooligosaccharides (GOS), Others (gum fibers, Dextrin). The insoluble fibers include Cellulose, Lignin, Fiber/bran, Resistant starch, Chitin & Chitosan, Hemicellulose, Others.
Functional Fibers Market: By Application
Based on the product type, the global functional fiber market is segmented into food & beverages, pharmaceuticals, nutraceuticals (dietary supplements, functional food), personal care & cosmetics and others.
Functional Fibers Market: By Region
Based on the region, the global functional fibers market is segmented into North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa.
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