Asia-pacific Insoluble Dietary Fiber Market was worth $0.46
billion in 2016 and estimated to be growing at a CAGR of 8.45%, to reach $0.69
billion by 2021.
Asia Pacific region is probable to be the highest growing
market for insoluble dietary fibers during the forecast period. Insoluble
dietary fibers aids in large bowel function, lowers the blood cholesterol, and
reduction of post-prandial blood glucose and insulin levels which are distress
issues of the population. To endure and be successful in this competitive
market, it becomes essential for vendors to differentiate their products and
service aid through a clear and distinctive value proposition.
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Increasing number of patents about grinding and production
of insoluble dietary fibers by main participants in the past decade are
probable to create profitable market scenario. The increasing demand for
dietary fiber as a functional food is anticipated to have a positive impact on
the market during the forecast period. In addition, the initiate of different
dietary fiber-based products is an added factor that will improve the prospects
for market growth. Though, the promising market of synthetic dietary fiber
supplements is estimated to obstruct the market growth.
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Asia Pacific 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 China, India,
Japan, South Korea and Australia. India and China are anticipated to witness
highest growth in the forecast period.
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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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