Canada Dietary Fibers Market Size & Outlook, 2023-2030
Canada dietary fibers market, 2018-2030 (US$M)
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Canada dietary fibers market highlights
- The Canada dietary fibers market generated a revenue of USD 383.4 million in 2023 and is expected to reach USD 723.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.5% 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 383.4 million |
| Market revenue in 2030 | USD 723.2 million |
| Growth rate | 9.5% (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, Canada accounted for 4.8% 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 North America, U.S. dietary fibers market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 388.9 million by 2030.
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Dietary Fibers Market Scope
Dietary Fibers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 45.93% in 2023. Horizon Databook has segmented the Canada dietary fibers market based on fruits & vegetables, cereals & grains, legumes, nuts & seeds covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Government of Canada, women and men are recommended to consume 25 gm and 38 gm of fiber per day, respectively. Most people in Canada consume only half of the recommended quantity. The demand for dietary fibers is expected to grow on account of the growing preference for healthy food products.
Market players are adopting numerous strategies including mergers & acquisitions, partnerships, and agreements to tap and expand the dietary fibers market. For instance, KFSU Ltd. announced the appointment of AB Mauri North America as their exclusive distribution partner, as of August 2017.
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Target buyers of Canada dietary fibers market databook
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Our clientele includes a mix of dietary fibers market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Canada dietary fibers market , including forecasts for subscribers. This country databook contains high-level insights into Canada dietary fibers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada dietary fibers market size, by raw material, 2018-2030 (US$M)
Canada Dietary Fibers Market Outlook Share, 2023 & 2030 (US$M)
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