The ‘South Korea Insoluble Dietary Fibres Market Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the South Korea insoluble dietary fibres market, assessing the market on the basis of its segments like types, sources, and applications.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
South Korea Insoluble Dietary Fibres Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2022): Over USD 83.50 Million
• Forecast CAGR (2023-2028): 7.4%
• Forecast Market Size (2028): Around USD 127.60 Million
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The growing demand for healthy and functional food ingredients is a primary factor driving the South Korea insoluble dietary fibres market growth. Insoluble dietary fibres are known for their ability to improve digestive health, promote satiety, and reduce the risk of chronic diseases, such as heart disease, obesity, and diabetes.
The growing awareness of the value of a healthy diet in South Korea has fuelled the demand for functional food products containing insoluble dietary fibres. Insoluble fibre aids the digestive system by making the stool bulky and promoting its movement.
The consumption of insoluble dietary fibre is known to reduce the risk of various types of cancer, including colon cancer. Research activities have demonstrated the efficacy of insoluble dietary fibres to accelerate the body’s elimination of waste and reduce exposure to dangerous compounds produced as a
byproduct of digestion.
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South Korea Insoluble Dietary Fibres Market Industry Definition and Major Segments
Insoluble dietary fibre is an indigestible carbohydrate that does not dissolve in water. It is found in food products like wheat bran, vegetables, and whole grains. It is highly beneficial and offers a number of health advantages, including the ability to bulk up stools and facilitate food passage. Additionally, it can aid in decreasing blood sugar and cholesterol levels.
The South Korea insoluble dietary fibres market, based on type, can be divided into:
• Cellulose
• Hemicellulose
• Chitin and Chitosan
• Lignin
• Fibre/Bran
• Resistant Starch
• Others
Based on source, the market can be segmented into:
• Cereals and Grains
• Fruits and Vegetables
• Legumes
• Others
Based on application, the market divisions include:
• Functional Food and Beverages
• Feed
• Pet Food
• Pharmaceuticals
South Korea Insoluble Dietary Fibres Market Trends
The South Korean government has launched a number of programmes to encourage a healthy lifestyle and promote the consumption of healthy foods. As a result, the incorporation of insoluble dietary fibres in food and beverages is significantly growing.
With the growing demand for functional meals and drinks, the usage of insoluble fibres to boost digestive health and facilitate regular bowel movements is rising. Moreover, the use of insoluble dietary fibres in the pharmaceutical and food and beverage sectors is expected to increase rapidly due to the rising health concerns among people of all ages.
Due to the growing demand for pet diet management products, insoluble fibres like roquette pea hulls are increasingly used in the pet food sector. The rising pet humanisation, the increasing focus on pet health, and the growing concerns regarding diarrhoea and constipation in pets are expected to further aid the South Korea insoluble dietary fibres market demand in the coming years.
Key Market Players
The major players in the South Korea insoluble dietary fibres market report include
• Ingredion Incorporated
• Roquette Frères
• Dupont (Nutrition & Biosciences)
• Cargill Incorporated
• Tate & Lyle PLC
• others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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