Global Dietary Fiber Market Worth $3.25 Billion By 2017
North America holds major market share in dietary fiber market. Europe is the second largest consumer. R&D initiatives by companies and Government has helped manufacturer to get the first mover advantage, on the basis of stability during processing and also the desired health benefits to the end-consumer.
North America market share is 36% in the global dietary fiber revenue market; Europe has 31% of share. However it is still the Asia-Pacific region which is on the rise with a CAGR of 20.0% from 2012 to 2017. The dietary fiber market by application is segmented in to the key segments as food and pharmaceutical applications. Although, the food applications occupy a major share in the consumption market, the Supplement segment, boosted by the soluble fiber requirements, is expected to be the fastest growing segment, going ahead.
Among various types of dietary fiber marketed, insoluble conventional dietary fibers occupy in excess of 55% of the market share. However, with extensive R&D investments, growing need for alternative sources of fibers, technological limitations in the use of insoluble fibers and the burgeoning supplement market, soluble novel fibers are increasingly becoming the variant of choice in most applications.
The dietary fiber market report also touches on various other important aspects of the market. It includes an analysis of the competitive landscape and the patent analysis. In addition, 20 key players of this market have also been profiled.About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages [ http://www.marketsandmarkets.com/food-and-beverages-market-research-6.html ], industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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