Argentina Dietary Fibers Market Size & Outlook, 2023-2030
Argentina dietary fibers market, 2018-2030 (US$M)
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Argentina dietary fibers market highlights
- The Argentina dietary fibers market generated a revenue of USD 74.5 million in 2023 and is expected to reach USD 142.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, cereals & grains was the largest revenue generating raw material in 2023.
- Nuts & Seeds is the most lucrative raw material segment registering the fastest growth during the forecast period.
Dietary fibers market data book summary
| Market revenue in 2023 | USD 74.5 million |
| Market revenue in 2030 | USD 142.6 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Cereals & grains |
| Fastest growing segment | Nuts & Seeds |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruits & Vegetables, Cereals & Grains, Legumes, Nuts & Seeds |
| Key market players worldwide | Suedzucker AG, Lonza Group Ltd, DuPont de Nemours Inc, Archer-Daniels Midland Co, Batory Foods, Ingredion Inc, Puris, Tate & Lyle PLC, Cargill, Kerry Group PLC Class A |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global dietary fibers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil dietary fibers market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 479.9 million by 2030.
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Dietary Fibers Market Scope
Dietary Fibers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina dietary fibers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dietary fibers market will help companies and investors design strategic landscapes.
Cereals & grains was the largest segment with a revenue share of 45.23% in 2023. Horizon Databook has segmented the Argentina dietary fibers market based on fruits & vegetables, cereals & grains, legumes, nuts & seeds covering the revenue growth of each sub-segment from 2018 to 2030.
In Argentina, the prevalence of obesity rose from 14.7% in 2006 to more than 33% in 2019. Argentina is low to the middle-income country that has a prevalence of obesity in both men and women. The changes in energy expenditure related to global “nutrition transition” and dietary intake are driving the obesity rates in Argentina. In the country, obesity is already recognized as a public health issue.
Traditionally, the Argentinian diet is characterized by regular drinking of red wine and high consumption of barbecued red meat, with low fiber intake. The unhealthy diet patterns have led to a need for a healthier diet causing demand for dietary supplements which includes dietary fibers as key ingredients.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina dietary fibers market , including forecasts for subscribers. This country databook contains high-level insights into Argentina dietary fibers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina dietary fibers market size, by raw material, 2018-2030 (US$M)
Argentina Dietary Fibers Market Outlook Share, 2023 & 2030 (US$M)
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