(Entertainment-NewsWire.com, September 25, 2017 ) According to Publisher, the Global Insoluble Dietary Fibers market is estimated at $1.62 billion in 2016 and is expected to reach $3.23 billion by 2023 growing at a CAGR of 10.3% from 2016 to 2023. Increasing health consciousness among the people, growing disposable income and growth in consumer preference for weight management products are some factors impelling the market growth. In addition, demand for fiber supplements in fulfilling nutritional requirements in the western countries provides huge growth opportunities for the market. However, cost-intensiveness and increasing stringent rules introduced by a number of regulatory bodies on the consumption of dietary fiber are some factors restricting the market growth.
Amongst Type, cellulose segment lead the global market as it is one of the most largely available type of insoluble dietary fibers, commercially. By end user, food & beverage sector is anticipated to acquire largest market share which can be attributed to growing consumer demand for fiber-fortified food & beverages. North America is expected to register highest market share in the global market due to changing lifestyle and growing awareness on fiber intake through diet among the people in this region. In North America, United States is the major contributor for market followed by Canada.
Some of the key players in the market include CJ Cheiljedang, Cosucra Groupe Warcoing S.A., Douglas Laboratories, E. I. Dupont De Nemours and Company, Emsland Group, Fiberstar, General Mills Inc., Grain Processing Corporation, Ingredion Incorporated, Interfiber, J. Rettenmaier & Söhne GmbH & Co. Kg, Jelu-Werk, Nexira, Now Foods, Robinson Pharma, Inc., Roquette Frères, Royal Ingredients Group, Solvaira Specialties, Sunopta, Inc. and Unipektin Ingredients AG.
End Users Covered: -Animal Feed -Pharmaceutical -Pet Food -Food Industry - Beverages - Meat, Poultry and Sea Food - Convenience Food - Pasta and Tortillas - Functional Foods & Dietary Supplements - Dairy Products - Bakery - Breakfast Cereals - Other Food Industries -Other End Users
Regions Covered: -North America - US - Canada - Mexico -Europe - Germany - France - Italy - UK - Spain - Rest of Europe -Asia Pacific - Japan - China - India - Australia - New Zealand - Rest of Asia Pacific -Rest of the World - Middle East - Brazil - Argentina - South Africa - Egypt
