Global Fiber Supplements Market Share Is Expected to Grow At A CAGR Value Of Around 6.20% By 2028

22-Jul-2022 | Facts and Factors

According to Facts and Factors, the global fiber supplements market size was valued at USD 11.3 billion in 2021 and is predicted to increase at a CAGR of 6.20% to USD 16.2 billion by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

Global Fiber Supplements Market Size

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A sufficient fiber intake can lower the risk of heart disease, diabetes, constipation, and other digestive issues. People all over the world are noticing a decrease in their body's fiber levels as a result of consuming less fiber in their daily diet. As a result of the inclusion of fiber supplements in the daily diet, the fiber supplements market is booming at a rapid pace around the world. As a result of the increased consumption of fiber supplements among all age groups, fiber supplement manufacturers have enormous opportunities in the global market. In these countries, there is a noticeable increase in the production and consumption of fiber supplements.

Browse the full “Fiber Supplements Market By Type (Powder, Tablets), By Source (Fruits, Vegetables, Whole grains, Legumes), By Nature (Organic, Conventional), By Distribution Channel (Hypermarkets, Supermarkets, Drug stores, Online stores, Specialty stores), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028" report at https://www.fnfresearch.com/fiber-supplements-market

People's lifestyles in developed and developing countries have changed globally. People in these fast-paced economies work around the clock to make a living. Ultimately, this has resulted in less nutrient consumption in their daily diet. This is the primary factor driving the growth of the fiber supplements market as a whole. Due to changes in eating habits and decreased fiber intake on a daily basis, it has been discovered that there is a significant fiber deficiency among people, which is yet another significant factor driving the growth of the fiber supplements market on a global scale. Furthermore, dietitian recommends taking fiber supplements to help people achieve adequate fiber levels in the body. There is a growing awareness of the importance of fiber in the body and how a lack of fiber can have negative effects on the body, which is propelling the fiber supplement market forward at a rapid pace. Fiber supplements can help increase the body's overall fiber intake. People's increased health consciousness has fuelled the growth of the fiber supplement market.

Segmental Overview

The powder segment is expected to dominate the market over the forecast period. Fiber is classified into two types: soluble fiber and insoluble fiber. It aids in the maintenance of the body's hunger and sugar levels, as well as the improvement of the digestive system of the human body. Fiber supplements can help increase the body's overall fiber intake. People's increased health consciousness has fuelled the growth of the fiber supplement market.

The group of hypermarkets/supermarkets held the majority of the market share. This is because hypermarkets can make a large number of products available to customers at the same time and in the same location, making the shopping experience more convenient for them. Furthermore, because of the convenience, availability of products, and availability of coupons and discounts, consumers prefer to shop in stores. However, as the internet spreads into many suburban and rural areas around the world, online sales channels are gaining traction.

Regional Overview

Asia Pacific is expected to have the fastest CAGR due to rising demand for fiber supplements as well as increased demand for the product in animal feed and pharmaceutical applications. Furthermore, rising innovations in dietary fiber-based supplements to provide new flavors and combinations, such as cranberry lemon drizzle and cinnamon oatmeal raisin, are expected to drive market growth during the forecast period. Fiber-fortified beverage and food products are becoming increasingly popular among consumers of all ages around the world.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 11.3 Billion

Projected Market Size in 2028

USD 16.2 Billion

CAGR Growth Rate

6.20% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

HealthScience, LLC, Bayer AG, Now Foods, Sunergized, LLC, The Procter & Gamble Company, GSK Group, Optimum Nutrition, Inc., Garden of Life, LLC, Viva Naturals, Inc., Bob’s Red Mill Natural Foods, Nestle Health Science, Konsyl Pharmaceuticals, Inc., Archer Daniels Midland Company, Cargill Incorporated, and Others

Key Segment

By Type, Source, Nature, Distribution Channel, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Competitive Landscape

The report contains qualitative and quantitative research on the global Fibers Supplements Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

Some of the major companies operating in the global fiber supplements market are HealthScience, LLC, Bayer AG, Now Foods, Sunergized, LLC, The Procter & Gamble Company, GSK Group, Optimum Nutrition, Inc., Garden of Life, LLC, Viva Naturals, Inc., Bob’s Red Mill Natural Foods, Nestle Health Science, Konsyl Pharmaceuticals, Inc., Archer Daniels Midland Company, Cargill Incorporated, and others.

The Global Fiber Supplements Market is segmented as follows:

By Type

  • Powder
  • Tablets

By Source

  • Fruits
  • Vegetables
  • Whole grains
  • Legumes

By Nature

  • Organic
  • Conventional

By Distribution Channel

  • Hypermarkets
  • Supermarkets
  • Drug stores
  • Online stores
  • Specialty stores

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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