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: http://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.
View
More Reports Of This Category By Grand View Research At: https://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
View
Press Release of this research report by Grand View Research: https://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
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
