- The key vendors in the global dietary fiber market 2015-2019 are Archer Daniels Midland (ADM), Cargill, DuPont, Lonza Group, and Roquette.
London, 7 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global dietary fiber market 2015-2019. Growing demand for bakery products that contain ingredients such as fiber and whole grains is a key trend observed in this market. Dietary fibers reduce obesity and help to maintain optimum blood sugar levels. It also aids consumers in effectively managing their energy levels. The global dietary fiber market is expected to grow at a CAGR of 16.54% by revenue and 15.64% by volume during the forecast period of 2014-2019.
The rise in demand for dietary fiber products facilitates growth in this market. Booming growth in the food and beverage industry and the increasing health concerns of consumers are expected to increase the demand for dietary fibers in the market. Dietary fibers help to reduce digestive grievances, lower blood cholesterol levels, and also prevent chronic diseases such as heart disease, cancer, diabetes, and obesity. The rise in disposable income is also a major growth-promoting factor as it increases consumption of dietary fibers.
“Wholegrain cereals are considered to be a good source of minerals, phytochemicals, and vitamins. Cereals are also rich in fiber and help consumers to meet the required daily intake of various nutrients. The regular and proper intake of wholegrain-based cereals reduces the risks associated with diseases such as cancer, diverticular disease, diabetes, and coronary heart disease,” says Faisal Ghaus, Vice President of Technavio Research.
“The concept of ready-to-eat breakfast cereals has become common across the globe, especially in developed countries. Wholegrain cereals are being recognized as the easiest and healthiest way to meet the level of dietary fiber consumption required by the human body.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
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