Fruits and vegetables on the table.

Unlocking Growth: Food Dietary Fibers Market Set to Exceed $7 Billion by 2032

Business 14 September 2023 By

The global food dietary fibre market is on an upward trajectory, poised to reach a staggering valuation of over $7 billion by 2032. This exponential growth is fueled by a surge in health-conscious consumers seeking fibre-rich, wholesome diet options.

The consumption of dietary fibres improves intestinal health and helps regulate blood sugar and cholesterol levels. The increased cognisance about the benefits of these products, in line with the changing customer perception that dietary goods are more suited to their dietary requirements than a conventional diet, will stimulate industry revenue streams.

Besides, the increasing product penetration in the dietary supplement market due to growing consumer attention on maintaining fitness and healthy body weight will further drive the product demand through 2032.

For example, to help with weight control and enhance digestion, both professional athletes and fitness enthusiasts have increased their intake of food products fortified with fibre. Market players actively collaborate with overseas companies to expand their reach in the industry.

For instance, in July 2021, Kerry Group announced the acquisition of Natreon, Inc. to diversify its product line in the functional food and beverages segment and cutting-edge supplement formulation. Thus creating optimistic scenarios for the dietary fibre industry.

Key drivers of growth

Rising health awareness. Consumers prioritise health and wellness, driving demand for products that promote digestive health, weight management, and overall well-being.

Functional food revolution. Food manufacturers are incorporating dietary fibres into diverse products, from cereals to snacks, transforming everyday items into health-boosting options.

Preventive healthcare trend. As awareness grows about the preventive benefits of dietary fibre in managing chronic diseases, there’s a heightened focus on incorporating fibre-rich foods into daily routines.

Eco-friendly alternatives.  The surge in demand for plant-based and sustainable products is propelling the popularity of natural dietary fibre sources, such as fruits, vegetables, and grains.

Innovation in formulations. Ongoing research and development efforts are leading to the creation of innovative fibre-rich products that cater to varying consumer preferences and dietary needs.

Opportunities for industry players

  • Product diversification. Explore novel sources of dietary fibres and create customised solutions for different consumer segments.
  • Partnerships and collaborations. Collaborate with ingredient suppliers, food processors, and manufacturers to develop high-quality, functional fibre products.
  • Education and awareness. Play a pivotal role in educating consumers about the benefits of dietary fibres and their inclusion in a balanced diet.
  • Sustainability initiatives. Embrace sustainable sourcing and production practises to align with the growing environmental consciousness of consumers.