Legumes Dietary Fibers Market Scope
Dietary Fibers are carbohydrates found in plants like nuts, fruits, and vegetables, which can’t digest and it passes through the stomach, small intestine, and colon and out of your body. Some of the commonly used dietary fibers content are such as inulin, polydextrose, beta-glucan, and others. Legumes Dietary Fibers are fiber-rich plant-based foods that include beans, lentils, and peas. However, Beans are a good source of fermentable fibers. The demand for legumes dietary fiber has huge demand in the upcoming year.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Cargill (United States), DuPont (United States), Ingredion Inc (United States), Kerry Inc (Ireland), Roquette (France), Tate & Lyle (United Kingdom), FutureCeuticals (United States), Grain Millers (United States), Südzucker (Germany), Ceamsa (Spain) and Others |
CAGR | 11.1% |
The companies are exploring the market by adopting mergers & acquisitions, new product expansions, investments, new services,s and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions in order to avail a competitive advantage through combined synergies. The market is expected to grow in the food and beverage industry. Several companies such as Cargill, DuPont are operating in the market to provide customers better with various features & unique offering prices. The market is a highly fragmented market with the presence of fewer market players. The demand for the market is huge due to wide application that is triggering the market growth over the forecast period Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Legumes Dietary Fibers market throughout the predicted period.
Cargill (United States), DuPont (United States), Ingredion Inc (United States), Kerry Inc (Ireland), Roquette (France), Tate & Lyle (United Kingdom), FutureCeuticals (United States), Grain Millers (United States), Südzucker (Germany), Ceamsa (Spain) and Others are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Legumes Dietary Fibers market by Type , by Application (Bakery, Dairy, Fruit Beverages, Fruit Preserves, Nutrition Supplement and Others) and Region with country level break-up.
On the basis of geography, the market of Legumes Dietary Fibers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In September 2020, Batory Foods agreed with BioHarvest Sciences Inc., a patent-protected and proprietary Bio farming technology developer. The agreement was signed exclusively to enter the US Edible CBD Market and US Nutraceuticals Market to strategically diversify Batory Foods’ product portfolio strategically.
In June 2020, BENEO expanded its rice starch and chicory root fiber ingredient portfolio with two new organic solutions.
Influencing Trend:
Rising adoption of Dietary Supplement Product
Market Growth Drivers:
Increasing demand for diet and Health products among the Consumers
Challenges:
Rising government Stringent Regulations and International and Domestic Food Safety Standards
Restraints:
Allergy-Related Issue with the larger Consumption of legumes Based Dietary Fibers
Opportunities:
Increasing health awareness among the consumer
Key Target Audience
Raw Material Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-use Industry