Functional fiber are isolated, nondigestable carbohydrate that are derived either from starch or sugars, they are an best alternative to gut health supplements as, they do the same thing of increasing the fiber content in the body so, that the bowel movement becomes easy and regular and the problem of constipation gets solved. Apart from regularizing the bowel movement functional fiber also, also helps in maintaining the blood level of the body after meals. As per the latest data published on the National Institute of Health (NIH) in 2009 about 60-70 million people in the U.S. are suffering from digestive problems. Keeping this in mind major supplement manufacturers in the U.S. are focusing to formulate functional fiber products which can help to prevent such health issues among consumers. The functional fiber market is still in its early stages of development and expected to grow in years to come. Industry giants are investing a huge chunk of their capital in R&D activities to come up with innovative products to stand out among competitors.
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Increasing Demand for Functional Fibers Owing to its Targeted Application of Aiding Digestive Health
Growing healthcare investment in third world countries will create an opportunity for functional fiber products as local government in these regions is promoting a healthy lifestyle through improved treatment facilities and multiple healthcare projects. Asia-Pacific, Africa, and Latin America have seen a decline in the number of major medical cases related to the improper functioning of the digestive system. Established market players in developed countries are now focusing on these regions to increase their footprint in the years to come through developing and introducing new products in third world countries.
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Global Functional Fibers: Market Segmentation
The global Functional Fibers market can be segmented based on type:
- Guar gum
The global Functional Fibers market can be segmented based on source:
- Oat hull
- Chicory roots
The global Functional Fibers market can be segmented based on sales channels:
- Direct Sales
- Indirect Sales
- Convenience Stores
- Specialty Stores
- Online Retailers
Global Functional Fibers: Key Players
The global Functional Fibers market is increasing because of budding applications in the food and beverage industry. Some of the global key manufacturers and suppliers of Functional Fibers are- Ingredion Incorporated, Kelheim Fibres GmbH, Nutrition Products Pvt. Ltd., Advanced Functional Fabrics of America, SunOpta, Cargill, Incorporated., REMEDY HEALTH MEDIA, LLC, and, CP Kelco U.S., Inc., . Except them, many more industrialists and manufacturers are showing a intense concern in the Functional Fibers market as the Digestion related problems are growing at a very wide pace, throughout the world and the people reliance over this product has also amplified down the line.
Opportunities for Market Participants:
The consumers increased awareness of the fact that functional fiber go beyond the issues related to digestion is anticipated to serve as the major driver for functional fiber market. According to the survey conducted by World Health Organization (WHO), on Feb,16,2018 about 39% of adults were overweight and 13% were obese due to the hectic lifestyle, change in consumption habits. This also resulted in decreased immunity but as 70% of our immunity starts in our gut. So, paying the foremost importance to the gut can naturally help us in many ways. Functional fiber help in keeping the heart healthy by reducing the cholesterol by breaking down the bile, and keeps the blood pressure in level A gut health supplement is a good option for consumption as they promote weight loss and helps in maintaining the body’s sugar level.
The rapidly ageing population in European countries will ask for an increased demand of functional fibers in the fore coming period. Moreover the growth of functional food industry further accelerated the market of functional fiber in the years to witness.
The functional fiber market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every fact of the functional fiber, including but not limited to: regional markets, packaging, and distribution channel.
The study is a source of reliable data on:
- Functional fiber market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The functional fiber market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the functional fiber market report projects the attractiveness of each major segment over the forecast period.
Highlights of the functional fiber market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the functional fiber market
- Recommendations to companies for strengthening their foothold in the functional fiber market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.