The Middle-East and Africa Insoluble Dietary Fiber Market was worth $0.21 billion in 2016 and estimated to be growing at a CAGR of 7.48%, to reach $0.30 billion by 2021.
Insoluble dietary fibers are fermented and are usually changed into bulking fiber. Insoluble dietary fibers, because of its high water absorption properties are mostly applicable for functional-food products, feed industries, and pharmaceutical industries. Companies operating in the food and beverage industry are gradually implementing new strategies with main focus on dietary fibers as a means to market their brands and products.
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Increasing occurrence of numerous health problems comprising of coronary heart disorder, obesity, gastro-intestinal issues, cholesterol and diabetes are likely to increase insoluble dietary fiber market demand over the forecast period. Major growth in dietetic population along with modernizing living standards and growing health awareness are estimated to create extra market opportunities over the forecast period. On the other hand, promising market for synthetic dietary fiber supplements is expected to obstruct the market growth.
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Middle-East and Africa Insoluble Dietary Fiber Market is segmented by product type into Cellulose, Hemi-Cellulose, Chitin & Chitosan, Lignin and Resistant Starch. Based on end users the market is segregated into functional foods, animal feed and pharmaceuticals. The bakery industry employs a large share of the total insoluble dietary fibers due to their greater ability in providing higher softness of breadcrumb and firmness to the loaf which can be attributed to the dominance of functional foods. Geographically the market is segmented into Middle-East and Africa. Africa is leading the region’s market while Middle-East is expected to grow at highest CAGR.
The major international players operating in insoluble dietary fiber market are Roquette Frères, Südzucker A.G., Tate & Lyle PLC, Ingredion Incorporated, E. I. DuPont de Nemours and Company, Archer Daniels Midland Company, Cargill, Inc., Sunopta Inc. and others. Key players have engaged in wide scientific research to recognize better and economically probable active ingredients with a wider application range.
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Market Data Forecast
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.