Global Dietary Fiber Market Worth $3.25 Billion By 2017
DALLAS, October 29, 2012 /PRNewswire/ --
The report " Dietary Fiber Market by Product Type (Conventional/ Novel & Soluble/ Insoluble) and Application (Food & Pharmaceuticals) - Global Trends & Forecasts up to 2017 " defines and segments the global dietary fiber market with analysis and forecasting of the global volume and revenue for dietary fibers and novel fibers in particular. It also identifies driving and restraining factors for the global dietary fiber market with analysis of trends, opportunities, burning issues, and challenges. The market is segmented and revenues are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and forecasted for each region. Further, market is segmented and revenues are forecasted on the basis of applications, types, and sub-types of dietary fibers.
Browse 95 market data tables, 20 figures spread through 200 pages and in-depth TOC on " Dietary Fiber Market by Product Type (Conventional/ Novel & Soluble/ Insoluble) and Application (Food & Pharmaceuticals) - Global Trends & Forecasts up to 2017 " . http://www.marketsandmarkets.com/Market-Reports/novel-dietary-fibers-market-858.html Early buyers will receive 10% customization of report.
According to the report, vegetable oil market will be valued at an estimated $1.4 billion in 2011. This value is expected to increase at a CAGR of 14.1% from 2012 to 2017. North America leads the global dietary fiber market with share of 36% followed by Europe (31%) and Asia-Pacific (17%) in terms of revenue in the year 2011.The major drivers for dietary fiber global market growth are the ever-growing ageing population, growing consumption by the supplement segment, the advantage provided by its low cost and growing consumer perception about health benefits of fibers. The heavy level of regulation from the FDA poses the most formidable barrier to entry in this industry sector, as product testing and approval can be a lengthy and costly process. Also compliance with existing regulations during the manufacturing stage can increase production costs to prohibitive levels for all but the well-capitalized firms. Such factors can act as restraints in an otherwise promising market scenario.
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