Asia-Pacific Dietary fibers market has been estimated at USD 0.69 Billion in 2016 and is projected to reach USD 1.42 Billion by 2021, at a CAGR of 15.4% during the forecast period from 2016 to 2021.
Dietary fiber is the portion of food that is indigestible and is derived from plants. Dietary fiber can be of two primary types, namely insoluble and soluble fiber.
High fiber intake makes the body less susceptible to diseases such as hypertension, strokes, and obesity. They are widely used as nutritional means for people with diabetes and obesity as they lower blood cholesterol levels and help maintain sugar levels.
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The market for dietary fibers in Asia-Pacific region is mainly driven due to changing habits related to food consumption, and also, with a number of health-benefits associated with the utilization of dietary fiber such as regular defecation, more control on blood sugar levels. Stringent regulatory environment followed by industries in regards to manufacturing practices is restraining the market growth in this region.
Asia-Pacific market for Dietary fibers is segmented based on type, source, and application. By type, the market is further sub-segmented into Insoluble (Cellulose, Hemicellulose, Chitosan, Chitin, Lignin, Resistant starch) and Soluble (Insulin, Polydextrose, Pectin, Beta-glucan).
By source, the market is further sub-segmented into Cereals & grains (Wheat, Oat, Legumes, Nuts), Fruits & vegetables, Other crops. By application, the market is further sub-segmented into Functional food & beverages (Beverages, Dairy, Bakery & confectionery, Breakfast cereals & snack bars, Meat products), Animal feed, Pet food, Pharmaceuticals.
Soluble fibers are expected to witness significant growth owing to their properties to readily dissolve in water. Functional foods sector is the biggest market by application, where the dairy segment is estimated to be the largest market.
Geographically, Asia-Pacific market for Dietary fibers is segmented into China, India, Japan, South Korea, and Australia. Asia-Pacific is expected to witness highest growth owing to factors like economic developments paired with ageing population in Japan, which is driving dietary supplement demand in that region.
Companies operating in the food and beverage industry, in this region, are increasingly implementing new strategies with primary focus on dietary fibers as a means to market their brands and products.
Archer Daniels Midland Company, Cargill, Incorporated, E. I. du Pont de Nemours and Company, Südzucker AG, Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères, and SunOpta Inc., are the major players of Asia-Pacific Dietary fibers market.
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