Europe Insoluble Dietary Fibers Market is expected to register a CAGR of 9.8%, during the forecast period of 2020-2025.
Key Highlights
- The European market for insoluble dietary fiber is growing at a rapid pace because of the health benefits associated with insoluble fiber diet. Moreover, growing number of patents related to grinding and production of insoluble dietary fibers by key participants in the past decade are likely to create lucrative market scenario.
- The European bakery industry witnessed a considerable demand for natural and healthy bakery products employing dietary fibers as well. Furthermore, a demand for fiber supplements in fulfilling nutritional requirements in the western countries acted as a driver for the Europe Insoluble Dietary Fibers Market.
Key Market Trends
Increased demand for insoluble dietary fiber supplements
Trends in population demographics are in surge of dietary supplements of insoluble fiber due to the increase in the number of elderly and the desire for an improved quality of life, as well as increasing health disorders such as obesity, cholesterol, diabetes, diverticular diseases across the region which can be cured by the increased usage of dietary fibers, thus drive the market growth in European region. Also, government initiatives have paired with the researches to spread awareness among people regarding its consumption quantity and its benefits.
Germany Holds the Largest Market Share
In Europe, countries, such as Germany, closely followed by France collectively account for the largest market share followed by United Kingdom, Spain and Italy. Insoluble fiber that is metabolically inert, absorbing water throughout the digestive tract and easing transit. The European insoluble dietary fiber is mainly composed of vegetable or cellulose derivatives. The insoluble dietary fiber market in the region is on the growing scale due to rising awareness among the consumers for healthy lifestyle and government educational campaign across the region.
Competitive Landscape
The insoluble dietary fibers market is highly competitive in nature having large number of domestic and multinational player competing for market share and with innovation in products being a major strategic approach adopted by leading players. Some of the major players in the europe insoluble dietary fibers market includes Cargill, Incorporated, Ingredion Incorporated, SunOpta Inc., J. Rettenmaier & Söhne Gmbh & Co. Kg, Grain Processing Corporation among others.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
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