San Francisco, 29 October 2018 , The
global fibers & Specialty Carbohydrates Market is expected to reach USD 9.84 billion by 2024,
according to a new report by Grand View Research, Inc. Increasing awareness
towards improving gut health among individuals in the U.S., Germany and China
is expected to upscale the requirement of fibers over the next eight years.
Furthermore, rising concerns over obesity and gastrointestinal disorders are
projected to promote the use of nutritionally enriched foods with reduced
cholesterol level, which, in turn, will drive the market growth over the
forecast period.
Fibers &
specialty carbohydrates market revenue in functional food was USD 1.42 billion
in 2014. Rising consumption of food items containing a high level of nutrition
content including breakfast cereals and fortified bread on account of their
increasing use as a meal diet are expected to have a substantial impact on the
market. Furthermore, increasing awareness towards nutritional advantage
associated with fibers in food & beverage industry is expected to expand
the market size over the next eight years.
Full Research Report On Fibers & Specialty
Carbohydrates Market Analysis:
www.grandviewresearch.com/industry-analysis/fibers-specialty-carbohydrates-market
www.grandviewresearch.com/industry-analysis/fibers-specialty-carbohydrates-market
Further key findings from the report suggest:
·
Dietary supplements are anticipated to
foresee volume growth at a CAGR of 8.4% from 2016 to 2024. Increasing awareness
towards sustaining optimum nutrition levels among middle-aged consumers in the
primary markets including the U.S., Germany, and Canada is expected to promote
the use of dietary supplements with increased fiber content over the next eight
years.
·
Europe fibers & specialty carbohydrates
demand was 348.7 kilo tons in 2015 and is expected to witness growth in light
of increasing use of diary-based derivatives in UK and France amid new product
launches.
·
Asia Pacific is projected to foresee
revenue growth at a CAGR of 9.2% from 2016 to 2024. The emergence of Southeast
Asian countries including Thailand, Laos, Indonesia, Malaysia, and Vietnam as
major markets for functional foods in light of increasing number of hyper
markets along with new product launches is expected to promote the application
of fibers & specialty carbohydrates over the forecast period.
·
The global market for fibers &
specialty carbohydrates is dominated by food ingredient suppliers including
ADM, DuPont, Cargill, and DSM. The companies mentioned above have a strong
foothold in the industry giving them an advantage over other competitors.
Rising awareness towards e-commerce portals on account of providing benefits
such as cash-on-delivery and discounts is expected to force fiber manufacturers
to distribute their products through web portals.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the
global fibers & specialty carbohydrates market by application and region:
Application
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013-2024)
·
Functional food
·
Functional beverage
·
Dietary Supplements
·
Animal Nutrition
·
Personal Care
Regional
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013-2024)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
UK
o
France
o
Italy
o
Switzerland
o
Russia
·
Asia Pacific
o
China
o
Japan
o
Australia
o
India
·
RoW
o
Brazil
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-fibers-specialty-carbohydrates-market
www.grandviewresearch.com/press-release/global-fibers-specialty-carbohydrates-market
About Grand View Research
Grand View Research, Inc.
is a U.S. based market research and consulting company, registered in the State
of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting services.
To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/
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