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Designer Fibers Market is forecasted to Hit a Valuation of US$ 263.9 Million by 2033

The post Designer Fibers Market is forecasted to Hit a Valuation of US$ 263.9 Million by 2033 appeared first on Newstrail.com authored by Fact.MR

According to Fact.MR, the global Designer Fibre market will grow at a 4.7% CAGR and reach a value of US$ 263.9 million by the end of 2033.
People’s increasing preference for a healthy way of life has significantly contributed to market expansion. Designer fibre is becoming more popular as the food and nutrition industry expands. The rising demand for healthy foods reflects nutritionists’ and doctors’ efforts to spread the word about the importance of a balanced diet.

Designer fibres replace the fats and sugars added to foods, increasing their nutritional value. The benefits of these products, such as improved intestinal health and blood sugar and cholesterol control, are creating lucrative opportunities for designer fibre suppliers. Several food product manufacturers are actively exploring the potential of designer fibre for food fortification. The demand for soluble designer fibre fortification in food products is expected to increase in the coming years. Increased consumer demand for nutrient-dense foods among the health-conscious population is driving the market.

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Key Takeaways from Market Study

  • The global designer fiber market is valued at US$ 166.7 million in 2023.
  • Worldwide sales of designer fibers are predicted to rise at a CAGR of 4.7% from 2023 to 2033.
  • Global designer fiber demand is set to reach a value of US$ 263.9 million by 2033.
  • Consumption of fruit-based designer fibers is set to evolve at a CAGR of 5.1% over the next ten years.
  • The market in the United States is estimated to reach US$ 66.5 million by the end of 2033.
  • The market in China is predicted to expand at 6.1% CAGR through 2033.

Key Segments of Designer Fiber Industry Research

  • By Source :

    • Fruit-based
    • Vegetable-based
    • Grain-based
    • Others
  • By Type :

    • Soluble Fibers
    • Insoluble Fibers
  • By Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Competitive Landscape

Leading companies are attempting to increase their market share by improving their distribution networks through the acquisition of small businesses, the creation of new goods, and the expansion of their geographic reach. Some market participants concentrate on launching new products, new developments, quality control, and product standards to enhance their market position. They focus on supply chain management to guarantee a smooth flow of their products across all geographies.

For instance :

  • DuPont launched the Nurica enzyme in China. Thanks to this new and special enzyme, producers can now naturally produce galactooligosaccharides, which are dietary fibers.
  • In 2020, Two new organic solutions were added by BENEO to its rice starch and chicory root fiber component line.

Key Companies Profiled

  • Ingredion
  • Roquette Frères
  • Tate & Lyle
  • Custom Fiber
  • BENEO GmbH
  • PURIS Foods
  • Emsland Group
  • Kerry Group
  • Taiyo International
  • Farbest Brands
  • Batory Foods

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global designer fiber market, presenting historical demand data (2018 to 2022) and forecast statistics for the period (2023 to 2033).

The study divulges essential insights on the market based on source (fruit-based, vegetable-based, grain-based, others) and type (soluble fibers, insoluble fibers), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).

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Designer Fibers Market is forecasted to Hit a Valuation of US$ 263.9 Million by 2033

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