Australia Dietary Fibers Market Size & Outlook, 2023-2030
Australia dietary fibers market, 2018-2030 (US$M)
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Australia dietary fibers market highlights
- The Australia dietary fibers market generated a revenue of USD 257.1 million in 2023 and is expected to reach USD 537.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 11.1% 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 257.1 million |
| Market revenue in 2030 | USD 537.2 million |
| Growth rate | 11.1% (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, Australia accounted for 3.2% 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 Asia Pacific, China dietary fibers market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 889.9 million by 2030.
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Dietary Fibers Market Scope
Dietary Fibers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 49.9% in 2023. Horizon Databook has segmented the Australia dietary fibers market based on fruits & vegetables, cereals & grains, legumes, nuts & seeds covering the revenue growth of each sub-segment from 2018 to 2030.
As is the case with other Asia Pacific markets, the Australian dietary fibers market is driven by the increasing consumer demand for natural and organic food ingredients. Australia is among the largest fibers exporters in the world with the majority of the exports being carried out in Southeast Australia.
Major Australian food manufacturers are focusing on cardiovascular diseases and digestive health issues while processing dietary fibers. Consumer’s inclination towards good digestive health to combat common ailments such as constipation and indigestion along with other major issues including celiac diseases and irritable bowel syndrome (IBS) is also driving the demand for dietary fibers in the country.
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Our clientele includes a mix of dietary fibers market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia dietary fibers market , including forecasts for subscribers. This country databook contains high-level insights into Australia dietary fibers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia dietary fibers market size, by raw material, 2018-2030 (US$M)
Australia Dietary Fibers Market Outlook Share, 2023 & 2030 (US$M)
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