Insoluble Dietary Fibers Market is likely to show significant growth between 2018 – 2024

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Insoluble Dietary Fibers Market size to exceed
4.5bn by 2024
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Key Insights from Insoluble Dietary Fibers Market

• Global Insoluble Dietary Fibers Market size is
  set to surpass USD 4.5 billion by 2024 according
  to a new research report by Global Market
  Insights Inc.. Positive application outlook in
  bakery products fortification owing to the rising
  global demand for functional foods will propel
  insoluble dietary fibers market. Increasing
  bakery, breakfast cereals dairy products demand
  due to the substantial changes in the consumer's
  preferences for healthy diet regime will drive
  the product penetration rate. Moreover, key
  properties such as thickening, water binding, fat
  replacing, and gelling will further support the
  product application scope.
• Rising disposable incomes and growing consumer
  awareness owing to the numerous government
  educational campaigns in the developing economies
  such as China, Argentina, and South Africa will
  enhance the market size. Key advantages including
  reduced risks of constipation, healthy digestive
  system, and weight management propel product
  demand in dietary supplements. Increasing natural
  beauty enhancement products in the cosmetics
  industry owing to the harmful effects of the
  synthetic chemical based products will provide
  strong business outlook for the manufacturers. As
  per the International Trade Administration report
  of 2016, India's import of cosmetics and personal
  care products and intermediate raw materials such
  as essential oils were USD 778 million in 2015.

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Continued...

• North America insoluble dietary fibers market
  accounted the revenue share of over 35 in 2017.
  Shifting consumer preferences towards healthy
  diet along with the changing trends among the
  young population are among the major factors
  fueling regional demand. Inclination of the
  consumers towards fitness regimes and schedules
  owing to an upsurge in the prevalence of diabetes
  and obesity cases will proliferate the overall
  business growth in the region. Global insoluble
  dietary fibers industry is highly fragmented with
  the presence of regional and international
  manufacturers.
• Mergers and acquisitions along with joint
  ventures strategic alliances, technological
  advancements, and heavy RD investments are among
  the key strategies adopted by the global players.
  For instance, on September 17, 2018, Cargill
  acquired Konspol, a Polish food company,
  providing product portfolio including frozen and
  cold cut categories. The acquisition will provide
  the Cargill's production capacity and vicinity to
  existing customers to offer diversified poultry
  and value-added products. Companies are focused
  on new product developments launches coupled
  with geographical expansions to get a seize
  substantial share in the insoluble dietary fibers
  market.

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U.S. Insoluble Dietary Fibers Market, By Source,
2017 2024, (Kilo tons)

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