Mexico Dietary Fibers Market Size & Outlook, 2023-2030
Mexico dietary fibers market, 2018-2030 (US$M)
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Mexico dietary fibers market highlights
- The Mexico dietary fibers market generated a revenue of USD 184.9 million in 2023 and is expected to reach USD 388.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.2% 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 184.9 million |
| Market revenue in 2030 | USD 388.9 million |
| Growth rate | 11.2% (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, Mexico accounted for 2.3% 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 |
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Mexico 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 45.54% in 2023. Horizon Databook has segmented the Mexico dietary fibers market based on fruits & vegetables, cereals & grains, legumes, nuts & seeds covering the revenue growth of each sub-segment from 2018 to 2030.
Numerous studies indicate that majority of the Mexicans consume plant-based diets rich in dietary fibers. According to the National Center for Biotechnology Information, the average dietary fiber consumption per person in Mexico ranged from 17.5 gm to 27.1 gm per day.
The trend of decreasing dietary fiber consumption is observed in the past decades, which has resulted in the increased occurrences of diabetes and cardiovascular diseases (CVDs). This presents an opportunity for players from food & beverage, pharmaceutical, and personal care markets to offer products rich in dietary fibers.
The Mexican government has taken into account the importance of a healthy diet and its ability to mitigate the risks posed in a vulnerable situation such as the COVID-19 pandemic. The Mexican government has supported consumers by introducing laws that bring in more transparency regarding the nutrients they consume when eating packaged foods.
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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 Mexico dietary fibers market , including forecasts for subscribers. This country databook contains high-level insights into Mexico dietary fibers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico dietary fibers market size, by raw material, 2018-2030 (US$M)
Mexico Dietary Fibers Market Outlook Share, 2023 & 2030 (US$M)
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