Dietary fibre market expands at 10.4% CAGR

THE GLOBAL dietary fibre market will continue to grow at a rapid pace, according to a report by Research and Markets. Volume is forecast to reach 465,128.3 metric tonnes by 2019 at a CAGR of 10.4%. The sector is largely driven by volume growth in the end-use industries. Rising consumer preference for functional foods, beverage, dairy, meat products, and pharmaceutical supplements are helping boost the industry. Continuous innovations drive down production costs, incorporate additional benefits in the products, and launch new types of products. The end-use sectors are exhibiting buoyant growth, driven by the global aging population and demand for dietary fibre.