Dietary Fibers Market Size, Share & Trends Analysis Report By Raw Material (Fruits & Vegetables, Cereals & Grains), By Type (Soluble, Insoluble), By Application (Food & Beverages, Pharmaceuticals), By Region, And Segment Forecasts, 2024 - 2030

Research Methodology

A three-pronged approach was followed for deducing the dietary fibers market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for dietary fibers market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of dietary fibers market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Dietary Fibers Market Categorization:

The dietary fibers market was categorized into four segments, namely raw materials (Fruits & Vegetables, Cereals & Grains, Nuts & Seeds, Legumes), type (Insoluble, Soluble), application (Food & Beverages, Pharmaceuticals, Animal Feed), and regions (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa).

Segment Market Methodology:

The dietary fibers market was segmented into raw materials, type, application, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The dietary fibers market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into seventeen countries, namely, the U.S, Canada, Mexico, Germany, the UK, Spain, Italy, France, China, India, Japan, South Korea, Australia & New Zealand, Brazil, Argentina, South Africa, UAE

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Dietary fibers market companies & financials:

The dietary fibers market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• BENEO - BENEO is a business unit of Südzucker Group formed in 2007 and headquartered at Tienen, Belgium. The company is engaged in the production and marketing of Orafti inulin and oligofructose. BENEO Group’s businesses are segmented into sugar, special products, cropenergies, and fruit. Inulin and oligofructose are included in special product segment. In addition, the company also offers functional ingredients for food such as alternative carbohydrates, rice derivatives, and wheat gluten. BENEO inulin offers texture enhancing benefits while BENEO oligofructose is used as natural sweeteners. Other such inulin varieties offered are Orafti Synergy1, which are highly soluble and are natural sweeteners. The company has 5 production sites in Germany, Belgium, Chile, and Italy and has a presence in more than 80 countries. As of 2019, the company has more than 1000 employees worldwide.

• Lonza - Lonza, founded in 1897, is headquartered in Basel, Switzerland. The company has operations in countries such as the U.S., Spain, the UK, South Africa, Argentina, and Hungary among others. The company operates through two major segments, namely Specialty Ingredients and Pharma & Biotech. With the acquisition of Capsugel in 2017, Lonza took an important step towards advancing its strategy and become one of the world’s leading, value-added, and integrated solutions provider in the healthcare industry. Capsugel is a global supplier of consumer healthcare products, nutritional supplements, and nasal, oral, and other dosage types for medicines. The company caters to various end-use industries such as pharma & biotech, water treatment, agro ingredients, coatings & composites, and bioresearch. Its core competencies include superior regulatory expertise, advanced manufacturing systems, in-depth market knowledge, quality control systems, extensive technical-customer support, and strong R&D capabilities. As of 2019, it had its facilities in over 100 countries, with a majority of them situated in Europe, and offered services via the support of over 15,468 permanent employees.

• DuPont de Nemours, Inc. - Founded in 1802, DuPont de Nemours, Inc. is a diversified company headquartered in Michigan, U.S. The company operates through six segments, namely agriculture, industrial biosciences, electronics & communications, nutrition & health, safety & protection, and performance materials. Different types of dietary fibers including FIBRIM Soy Fiber and Litesse polydextrose are offered through the nutrition & health division of DuPont. The company’s extensive product portfolio includes animal nutrition & health, construction materials, dietary supplement ingredients, fabrics, fibers & nonwovens, microbial control solutions, industrial enzymes & bioactives, packaging materials & solutions, personal protective equipment, solar/photovoltaic materials, food & beverage ingredients, medical devices & materials, water solutions, pharmaceutical ingredients, electronic solutions, adhesives, and resins among others. The company has its offices across major regions including North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa.

• Archer Daniels Midland Company (ADM) - Archer Daniels Midland Company (ADM) was founded in 1902 and is headquartered in Illinois, U.S. It is a processor of agricultural products and has over 280 processing plants all around the world. In addition to fibrous products, the company manufactures vegetable oil, flour, protein meal, and corn sweeteners, among other food ingredients. It also offers different services including farmer services, financial services, and logistics. The operations of the company are supported by more than 200 companies and trade associations including Advanced Biofuels Canada, American Soybean Association, U.S. Canola Association, and National Associations of Manufacturers among others. It caters its products to numerous industries including food & beverage, animal nutrition, industrial, and fuel. The company has operations globally. Its operations involve all stages of the food chain right from processing to storing. The U.S. accounted for the majority of the company’s total business, followed by Switzerland and Germany in 2018. As of 2018, the company operated in over 170 countries with the support of 31,600 employees. Its dietary fibers are sold under the brand name ‘Fibersol,’ which is used in yogurts, frozen desserts, and candies among others.

• Batory Foods - Batory Foods was founded in 1979 and is headquartered in Illinois, U.S. The company is primarily engaged in the food manufacturing business and offers different product categories such as dairy ingredients, fibers, fine ingredients, and non-GMO ingredients. While the company offers a variety of product categories, it is widely known for its sweeteners including organic sweeteners and specialty sweeteners. The company caters its offerings to bakery, dairy, beverages, meat, and pet food markets among others. It distributes its products, specializing in just-in-time deliveries, all over the U.S. The company has 17 distribution centers throughout the U.S., including Chicago, IL, and Los Angeles, CA. It has designed a national system of distribution centers and warehouses through integrated logistics principles to speed up deliveries.

• Ingredion Incorporated - Ingredion Incorporated was established in 1906 and is headquartered in Illinois, U.S. The company is engaged in the manufacturing and marketing of sweeteners, starches, nutrition ingredients, and biomaterials for various end-use industries including food & beverage, paper, and pharmaceuticals. It operates through four business segments, namely North America; South America; Europe, the Middle East & Africa (EMEA); and Asia Pacific. The company’s product portfolio is mainly classified into three categories, namely starch products; sweetener products; and co-products and others. Its starch products are primarily used in processed foods for adhesion, clouding, dusting, expansion, fat replacement, freshness, gelling, glazing, mouthfeel, stabilization, and texture. In 2019, starch products category represented 46% of the company's net sales.

• Roquette Frères - Roquette Frères was founded in 1933 and is headquartered in Lestrem, France. The company operates through multiple divisions including pharma, food & nutrition, biopharma, cosmetics, industrial markets, and animal nutrition. Its industrial markets division includes bio-industry, chemicals, oral care, paper & board, performance materials, and water treatment solutions. The company is one of the largest producers of starch worldwide. It has marked its operational presence in different regions and operates in over 100 countries across Europe, Asia Pacific, and North America. The company had 8,670 employees worldwide in 2019. It offers its products worldwide through its headquarters, offices, production sites, and research & development centers, which are located in numerous countries including Brazil, Canada, China, France, Germany, India, Japan, Spain, and the UK. The company is involved in research & development activities with introduction of new products such as the Beauté by Roquette, a plant-based preservative booster that helps destroy main strains in cosmetic products.

• PURIS - PURIS, formerly known as World Food Processing, was established in 1985 and is headquartered in Minneapolis, U.S. It is a privately held company and is mainly engaged in the business of manufacturing and distribution of protein ingredients derived from pea. The company owns production facilities in Oskaloosa, Minnesota, Iowa, Randolph, and Wisconsin with non-GMO certificates. It procures seeds and supplies them to farmers for cultivation and then uses the yield for ingredient manufacturing. Along with pea protein, the company’s product portfolio also includes pea starch, whole pea hull fiber, pea syrup, whole pulse powder, whole grains, and ready-to-eat pea fiber. Its products are mainly utilized by the manufacturers of food & beverages. The company primarily serves the U.S. market.

• Tate & Lyle - Tate & Lyle, a public company, was founded in 1921 and is headquartered in London, UK. The company is a manufacturer of food & beverage ingredients and solutions including starches, Splenda, alcohol, citric acid, and high fructose corn syrup, which find numerous applications. The company’s different expertise sectors include beverages, dairy, soups, sauces & dressings, bakery & snacks, confectionery, human nutrition science, and animal nutrition among others. The company offers products that provide solutions for healthy living, clean labeling, sugar & calorie reduction, digestive health & enrichment, adding texture, and non-GMO alternatives. The company specializes in the production of sweeteners, fibers, acidulants, industrial starches, texturants, food stabilizers, and savory ingredients. It has marked its operational presence in numerous countries including China, Brazil, France, Italy, Germany, Japan, Mexico, UK, UAE, the U.S. among others and the company had an employee strength of 4,200 individuals worldwide as of 2020.

• Emsland Group - Emsland Group was founded in 1928 and is headquartered in Emlichheim, Germany. The company offers product solutions in food innovation, retail & food service, specialties, and animal food & feed. It caters its offerings to dairy, confectionery, and baked goods among other industries. The company has a range of natural raw materials in its portfolio, such as pea fiber, potato fiber, pea starch, and pea protein. The Emfibre brand of the company offers wide range of insoluble plant-based fibers. The company has a presence in seven locations, each with unique core competency and well-distributed capacity. As of 2019, it had around 1,000 employees working in all seven locations.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Dietary Fibers Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2023, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Dietary Fibers Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.