“The insoluble dietary fiber market has been divided into various key types and end-use industries. The demand for functional foods and increasing health consciousness is driving the insoluble dietary fiber market in developed economies. In emerging economies, rising disposable income and growing awareness of consumers is fueling the growth. Also, increasing prevalence of several health disorders鈥攊ncluding obesity, coronary heart disorder, diabetes, gastro-intestinal troubles, and cholesterol鈥攁re shifting consumer preference towards intake of insoluble dietary fibers.
The Asia-Pacific region is estimated to be the fastest-growing market for insoluble dietary fibers. It is estimated to grow at the highest CAGR of about 10% for during the review period.
To maintain a competitive edge in the insoluble dietary fiber market, the key players focus on mergers & acquisitions. Some of the key players were also observed to be involved in expansion of their production capacity as the strategy to garner a larger share in the market. The report provides a complete analysis of key companies and a chronology of developments with respect to new products and their applications. It also analyzes the market dynamics, and issues faced by the leading players.
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