San Francisco, California, October 18, 2018 – The drive for citrus based dietary fibers stems from the need for reinforcing the nutritional value of a variety of food products. The general rise in spending of health-conscious populations on healthy food products is a notable factor underpinning the expansion of the market.
A detailed evaluation of above trends and similar developments forms vital part of the report by TMR Research titled “Citrus Based Dietary Fibers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2028”. The growing use of citrus based dietary fibers in beverages, meat, food preparations, dairy products, preserves, and bakery, is accentuating the market. The application of these dietary fibers in thickening, gelling, stabilizing, and water binding is propelling the steady expansion of the market.
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The rising demand for citrus based dietary fibers in the medical industry for making various medicines and in the healthcare industry for developing effective therapeutics are factors that underpin the potential of the market. The substantial purported benefits of dietary fibers in making food products that can reduce cardiovascular risks and help patients in managing diabetes is a crucial factor catalyzing the expansion of the market.
The global citrus based dietary fibers is gaining marked impetus from the growing number of research and development activities for understanding the potential of these fibers in oncology. Constant advances made in procurement of raw materials for citrus-based dietary fibers are fueling the rapid expansion of the global market. The rising application of citrus based dietary fibers in the bakery and meat industry, especially in developed regions such as Europe, is a notable trend expected to open lucrative avenues in the coming years. In developing economies, a growing population who show affinity toward premium health products is aiding in the expansion of the citrus-based dietary fibers market.
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Leading players operating in the citrus-based dietary fibers market include Compañía Española de Algas Marinas S.A., Herbstreith & Fox, Fiberstar, DuPont Danisco, and Cp Kelco.