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Global Fiber Supplements Market is Expected to Reach at Double Digit CAGR During (2020 – 2026)

10-26-2020 01:24 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Facts & Factors

Fiber is a starchy carbohydrate that plays a key role in the maintenance of health. Fiber is found in two forms, such as soluble fiber and insoluble fibre. It is important to keep the body's appetite and sugar levels at their highest levels and to enhance the digestive function of the human body. Suitable levels of body fiber may reduce the risk of heart disease, diabetes, constipation and other digestive problems. Citizens around the world are seeing a decline in body fiber due to reduced dietary consumption of food. This has contributed to the incorporation of fiber supplements into the daily diet, resulting in a rapid globalized boom in demand for fiber supplements. Fiber supplement producers have enormous opportunities on the world market as a result of the increased intake of fiber supplements by all age groups. The United States, Italy, Brazil, Austria and Canada are some of the world's leading fiber substituting countries. Production and consumption of fiber supplements in these countries show a marked increase.

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Globally, people's lifestyles in developed and developing countries have changed. People work around the clock in these increasingly populous economies to make a living. This has ultimately resulted in lower intakes of nutrients in their daily diet. This is the key factor driving fiber that adds to overall market growth. Due to changes in eating habits and a daily lower intake of fiber, it has been found that there is a significant fiber deficiency among people, which is again a significant factor in driving growth in the global market for fiber supplements. In addition, dietitians recommend taking fiber supplements to help people get enough levels of fiber in the body. There is an increase in the understanding of the value of fiber in the body and how a deficiency can cause adverse effects on the body, which is driving demand for fiber supplements at a rapid rate. Fiber supplements are effective in improving overall fiber consumption in the body. Increased understanding of human health has led to an increase in the market for fiber supplements.

Tablets were the largest segment of the market in 2019 based on type. This segment is anticipated to bolster throughout the forecast period, owing to ease of use and its effictivieness as compared to power. Based on distribution channel, online sales dominated the market in 2019, the growth is primarily attributable to the easy avalibility and high internet pernetration worldwide.

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North America continues to dominate the global market for fiber Supplements. The Asia Pacific market is expected to rise at a faster rate of growth as a result of increased awareness among people, and presence of huge population in this region and increased investment by the pharmaceutical industry.

Top key players operating in the market are Renew Life Robinson Pharma, Inc., Citrucel, Benefiber, Metamucil , Optimum Nutrition, Walgreens , BarnDad’s , SPECIES , Twinlab, Myogenix, Garden Of Life, and Others.

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