North America Dietary Fibers Market Size & Outlook
North America dietary fibers market, 2018-2030 (US$M)
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North America dietary fibers market highlights
- The North America dietary fibers market generated a revenue of USD 2,465.5 million in 2023.
- The market is expected to grow at a CAGR of 9.1% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,465.5 million |
| Market revenue in 2030 | USD 4,548.3 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Cereals & grains |
| Fastest growing segment | Nuts & Seeds |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 31.0% of the global dietary fibers market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,232.0 million by 2030.
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Dietary Fibers Market Scope
Dietary Fibers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 46.12% in 2023. Horizon Databook has segmented the North America dietary fibers market based on fruits & vegetables, cereals & grains, legumes, nuts & seeds covering the revenue growth of each sub-segment from 2018 to 2030.
North America was the second-largest market for dietary fibers in 2019 and is expected to witness decent growth over the forecast period owing to the increasing demand for fibrous foods such as cereals, navy beans, and small white beans in the region.
In addition, favorable government regulations and technological advancements supporting the consumption of dietary fiber products are expected to boost market growth over the forecast period. The presence of major players including Cargill, Inc., Archer Daniels Midland Company, Ingredion Incorporated, and DuPont coupled with their strategic initiatives is expected to further drive the market.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America dietary fibers market , including forecasts for subscribers. This continent databook contains high-level insights into North America dietary fibers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America dietary fibers market size, by country, 2018-2030 (US$M)
North America Dietary Fibers Market Outlook Share, 2023 & 2030 (US$M)
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