South America Insoluble Dietary Fibers Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 9.30 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Insoluble Dietary Fibers Market Analysis
The South America insoluble dietary fibers market is projected to reach at a CAGR of 9.3%, during the forecast period, 2020-2025.
- The rising health concerns and demand for quality food is mainly driving the insoluble dietary fiber market in the region. Additionally, the increasing purchase power of the consumers and awareness on the benefits of fiber intake is further driving the South Americinsoluble dietary fibers market.
- Insoluble dietary fiber rich foods are more preferred because of its many uses and advantages. The rising standards of living of the consumers and preference for healthy and nutritious foods is also driving the insoluble dietary fibers market in South America.
South America Insoluble Dietary Fibers Market Trends
This section covers the major market trends shaping the South America Insoluble Dietary Fibers Market according to our research experts:
Growing Demand for Functional Food & Beverages
The insoluble dietary fiber market is majorly driven by the increasing fortification and supplementation activities, which encourage the consumption of dietary fibers among consumers of all age groups. More than half of the consumers in South America are trying to increase their fibre intake. This prompted manufacturers to fortify higher-value products, like crisps, puffs, and flakes, along with dietary fibers. Manufacturers have increasingly utilized fibers from various sources, such as chicory root, asparagus, carrots, Jerusalem artichoke, jicama, leeks, and whole grains, to develop fortified food products with high-fiber content and fiber-based supplements categorized under the functional food industry.
Brazil Holds the Largest Market Share
Brazil has the highest market share in South America followed by Argentina and other countries in the region. The rising health concerns and demand for quality food is mainly driving the insoluble dietary fiber market in Brazil. Additionally, the increasing purchase power of the consumers and awareness on the benefits of fiber intake is further driving the Brazilian insoluble dietary fibers market.
South America Insoluble Dietary Fibers Industry Overview
The South America insoluble dietary fibers market is fragmented and highly competitive in nature having large number of domestic and multinational player competing for market share and with innovation in products being a major strategic approach adopted by leading players. Some of the major players in the South America insoluble dietary fibers market include Cargill, Incorporated, Ingredion Incorporated, SunOpta Inc., J. Rettenmaier & Söhne Gmbh & Co. Kg, Grain Processing Corporation.
South America Insoluble Dietary Fibers Market Leaders
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Cargill, Incorporated
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Grain Processing Corporation
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Ingredion Incorporated
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InterFiber
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J. Rettenmaier & Sohne GmbH + Co KG
*Disclaimer: Major Players sorted in no particular order
South America Insoluble Dietary Fibers Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
- 3.1 Market Overview
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Source
- 5.1.1 Fruits and Vegetables
- 5.1.2 Cereals and Grains
- 5.1.3 Other Sources
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5.2 Application
- 5.2.1 Functional Food and Beverages
- 5.2.2 Pharmaceuticals
- 5.2.3 Animal Feed
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5.3 Geography
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Cargill, Incorporated
- 6.3.2 Grain Processing Corporation
- 6.3.3 Ingredion Incorporated
- 6.3.4 InterFiber
- 6.3.5 J. Rettenmaier & Sohne GmbH + Co KG
- 6.3.6 CFF GmbH & Co. KG
- 6.3.7 SunOpta Inc.
- 6.3.8 DuPont
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySouth America Insoluble Dietary Fibers Industry Segmentation
South America insoluble dietary fibers market is segmented by source and application. On the basis of source, the market is segmented into fruits and vegetables, cereals and grains, and other sources. On the basis of application, the market is segmented into functional food and beverages, pharmaceuticals, and animal feed.
Source | Fruits and Vegetables |
Cereals and Grains | |
Other Sources | |
Application | Functional Food and Beverages |
Pharmaceuticals | |
Animal Feed | |
Geography | Brazil |
Argentina | |
Rest of South America |
South America Insoluble Dietary Fibers Market Research FAQs
What is the current South America Insoluble Dietary Fibers Market size?
The South America Insoluble Dietary Fibers Market is projected to register a CAGR of 9.30% during the forecast period (2024-2029)
Who are the key players in South America Insoluble Dietary Fibers Market?
Cargill, Incorporated, Grain Processing Corporation, Ingredion Incorporated, InterFiber and J. Rettenmaier & Sohne GmbH + Co KG are the major companies operating in the South America Insoluble Dietary Fibers Market.
What years does this South America Insoluble Dietary Fibers Market cover?
The report covers the South America Insoluble Dietary Fibers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Insoluble Dietary Fibers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Insoluble Dietary Fibers Industry Report
Statistics for the 2024 South America Insoluble Dietary Fibers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Insoluble Dietary Fibers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.