About Food Fiber
Food fiber, also known as roughage, is the part of plant-based foods that the body can’t break down. It passes through the body undigested, keeping the human digestive system clean and healthy, easing bowel movements, and flushing cholesterol and harmful carcinogens out of the body. Also, regular consumption of food fibers helps to maintain blood sugar levels and prevent several types of diseases. Primarily, there are two types of food fibers such as soluble and insoluble.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 9.5% |
Competition among existing players is due to the Food Fiber market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Food Fiber market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Fiber market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill (United States), Tate & Lyle (United Kingdom), Archer-Daniels-Midland Company (United States), Ingredion Inc. (United States), Roquette Frères S.A. (France), SunOpta Corporation (Canada), Nexira SAS (France), Kerry Group (Ireland), Grain Processing Corporation (United States) and RETTENMAIER & SÖHNE GmbH + Co (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Food Fiber market by Type (Soluble Fiber {Inulin, Pectin, Polydextrose, Beta-glucan, Others} and Insoluble Fiber {Cellulose, Lignin, Hemicellulose, Chitin and Chitosan, Resistant Starch, Others}), Application (Food {Bakery, Breakfast Cereals & Snacks, Confectionery, Dairy, Meat Products, Infant Food}, Beverages, Pharmaceutical, Companion Animal Nutrition and Others) and Region.
On the basis of geography, the market of Food Fiber 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). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Source Type, the sub-segment i.e. Cereals & Grains will boost the Food Fiber market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Preference for Fiber Fortification and Supplementation
Market Growth Drivers:
Increasing Prevalence of Gastrointestinal Diseases, Rising Consumer Spending On Personal Care Products, Growing Consumer Preferences toward Vegan & Vegetarian Food Products and Rise in the Consumer Preference towards Energy and Sports Drinks
Opportunities:
Rising Popularity of Fortified & Functional Food Products in the Developing Countries
Market Leaders and their expansionary development strategies
In June 2018, Ingredion launched potato fibers for texture, yield and cost improvements in meat, bakery and savory applications.
In Aug 2018, Cargill, a leading food fiber company has announced that the company is investing 150 million USD to construct an HM pectin production facility in South America. HM pectin is a versatile, citrus fruit-based texturizer used for jams, beverages/juices, acid dairy drinks, and confectionery.
Key Target Audience
Food Fiber Manufacturers, Food Fiber Raw Material Suppliers, Food Fiber Traders/Distributors, Food Fiber Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.