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Allied Market Research

Healthcare Dietary Fibers Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Jun 2021 | 62 Views
 
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COVID-19

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Dietary fiber, also known as roughage or bulk, includes the parts of plant foods that human body cannot digest or absorb. Unlike other food components, such as fats, proteins, or carbohydrates, which the body breaks down and absorbs, fiber is not digested by the body. Instead, it passes relatively intact through the stomach, small intestine, colon, and out of the body. Fiber is commonly classified as soluble, which dissolves in water, and insoluble, which does not dissolve. The amount of soluble and insoluble fiber varies in different plant foods. To receive the greatest health benefit, people are advised to consume a wide variety of high-fiber plant foods. The key benefits gained by the consumption of high-fiber diet include normalizing of the bowel movements, maintaining better bowel health, lowering of cholesterol levels, and achieving healthier weight.

Market scope and structure analysis

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

  Raw material, product, indicationand Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and Rest of LATAM)

  Companies covered

BENEO GmbH, Lonza Group Ltd., Du Pont De Nemours and Company, Archer-Daniels-Midland Company, Batory Foods, Ingredion Incorporated, Roquette Freres SA, Puris Foods, Tate & Lyle PLC, and Emsland Group.

 

COVID-19 scenario analysis

Pharmaceutical and biotechnological companies got involved with governments globally such that they started working to combat with the COVID-19 outbreak. This aids them in supporting the development of vaccines to schedule for medicines supply chain challenges. There are about 115 vaccine candidates and other 155 molecules that are kept in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have seen higher rise in demand for the management of COVID-19. Increase in demand for drugs is expected to offer remunerative opportunity for manufacturers of COVID-19 management drugs, as many developed countries are short of these drugs. Owing to the demand for vaccine and treatment drugs for COVID-19, the pharmaceutical and biotechnology industry is anticipated to witness a substantial growth in the next few years. The growth in the awareness regarding the need to maintain a healthy diet will propel the growth of the industry in the current scenario.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

The major factor affecting the industry includes, ascending product demand due to the surge in consumer awareness on the need for intake of the dietary fibers. Furthermore, the rise in awareness is also observed such that the major population will adopt healthier lifestyle and hence increase the life expectancy. This is expected to help the industry gain traction over the forecast period. Furthermore, the advantages posed by the consumption of dietary fibers lowers the risk of occurrence of lifestyle disorders such as heart diseases, diabetes, and other disorders. In addition to this, an increase in the need for foods that are rich in fiber, prebiotics, and probiotics, has been observed, which is estimated to boost the growth of dietary fibers industry in the coming years. However, absence of the standardized procedure setup by regulatory authorities for producing vegetables, that consists of higher amount of the dietary fiber content may hinder the growth of the industry.

Increase in prevalence of diabetes to propel the market

There has been a steep increase in the number individuals suffering from diabetes to help the industry gain traction in the coming years. According to the statistics given by Center for disease prevention and control in 2020, there are around 34.2 million Americans, and over 1 in 10, who have been suffering from diabetes. In addition to this, around 88 million American adults, which is approximately 1 in 3 observed to have prediabetes. This estimate will help the growth of the need for dietary fibers and hence will boost the industry in the next few years.

Surge in investments to increase dietary fibers production

Increase in investments by market players to add dietary fibers in the company’s product portfolio is anticipated to help the industry boost in the coming years. For instance, in October 2019, Cargill announced that it had invested about USD 35 million in Europe to meet customer demands for healthier products. In addition to this, Cargill’s new soluble fibers are susceptible to enable sugar reduction up to 30% as well as calorie reduction. Thus, these increasing investments in dietary fiber production will help the industry gain traction over the forecast period.

Key segments covered

Segments

Subsegments

  Raw Material

  • Cereals & Grains
  • Fruits & Vegetables
  • Legumes
  • Nuts & Seeds

  Product

  • Soluble Dietary Fibers
  • Beta-Glucan
  • Corn Fibers
  • Inulin
  • Pectin
  • Others
  • Insoluble Dietary Fibers
  • Oat Bran
  • Chitin & Chitosan
  • Lignin
  • Cellulose
  • Hemicellulose
  • Wheat Fiber
  • Others

  Indication

  • Diabetes
  • Cardiovascular diseases
  • Constipation
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global healthcare dietary fibers industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global healthcare dietary fibers market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global healthcare dietary fibers market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global healthcare dietary fibers market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the healthcare dietary fibers market research report:

  • Which are the leading players active in the healthcare dietary fibers market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in tasking further strategic steps?
 
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