The demand for fibers and specialty carbohydrates is poised to surge in response to the growing awareness about health and wellness among consumers. In a report, titled “Fibers and Specialty Carbohydrates Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,” Transparency Market Research (TMR) presents insights into the growth drivers and restraints influencing the market’s trajectory between 2016 and 2024. Using industry-leading analytical tools, the report gauges the bargaining power of buyers and suppliers. This is also intended to help readers gain insight into the degree of competition currently prevailing in the market.
The fibers and specialty carbohydrates market is currently gaining much traction from emerging nations such as India, Mexico, China, and the Middle East. Besides the rising disposable income of consumers, their willingness to invest in fitness has tipped scales in favor of the fibers and specialty carbohydrates market in these nations. With the mushrooming gymnasiums and fitness centers, these developing countries are likely to continue exhibiting strong demand for fibers and specialty carbohydrates even in the forthcoming years.
Specialty carbohydrates, fibers, and other medical supplements offer prevention and treatment to individuals suffering from cardiovascular diseases, gastrointestinal disorders, and malnutrition. In the last few years, the food and beverages producers have considerably increased their spending on the incorporation of nutraceuticals ingredient, aimed at offering greater nutritional content in their final products. This has emerged as a crucial market driver. As the trend is unlikely to subside in the coming years, expert predict positive outlook for the market during the forecast period.
To present a comprehensive overview, the report studies the market based on two categories of fibers. The first category comprises fibers that are essential to daily diet but insoluble such as cellulose, lignin, and hemicelluloses, and the other includes the naturally occurring soluble fibers such as gums, pectin, mucilage, which are generally found in plant cells. Besides this, the report also segments the global fibers and specialty carbohydrates market based on application. Some of the categories included in this segment are dietary supplements, functional beverage, functional food, personal care, and animal nutrition. Regionally, Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa constitute the key market segments.
Factors influencing the market’s trajectory across these segments are studied in detail. Currently, the market witnesses lucrative prospects across North America, especially in countries such as the US and Canada. These developed nations have been reeling under increasing incidence of lifestyle diseases for the past many years. This has led to the rising inclination of consumers toward healthier living, which is in turn boosting the North America fibers and specialty carbohydrates market. In Asia Pacific, as well attractive prospects are offered to the market, especially in countries such as India, China, and Korea.
Some of the most prominent companies operating in the fibers and specialty carbohydrates market are Tate & Lyle Plc, DSM, Cargill, Inc., Roquette Freres, Ingredion Incorporated, and Südzucker AG Company.
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