Lucintel’s latest market report analyzed that dietary fiber in the global food additive provides attractive opportunities in the beverage, bakery and confectionery, convenience food, frozen dessert and dairy, and sauce and dressing applications. The dietary fiber in the global food additive market is expected to reach $5.3 billion by 2028 with a CAGR of 11%. In this market, insoluble is the largest segment by type, whereas beverages is largest by application.
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Based on type, the dietary fiber in the global food additive market is segmented into insoluble and soluble. The insoluble segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to growing consumption of functional foods, increasing health concern among consumers, and changing diet pattern of customers.
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The Dietary Fiber in the Global Food Additive Market is marked by the presence of several big and small players. Some of the prominent players offering dietary fiber in the global food additive include BENEO, Lonza, Archer Daniels Midland Company, Batory Foods, Ingredion Incorporated, Roquette Freres, PURIS, Tate & Lyle, Emsland Group, and Cargill.
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