SOURCE: Packaged Facts

Packaged Facts

September 09, 2010 14:27 ET

Active Market for Fiber-Fortified Food and Beverages Reaches Consumers Through Product Innovation, Finds Opportunities for Growth

NEW YORK, NY--(Marketwire - September 9, 2010) -  With most Americans consuming only about half the recommended amount of 25 to 30 grams of fiber daily, major food companies and other industry players are introducing waves of new fiber-fortified food and beverage products, according to Fiber Food Ingredients in the U.S.: Soluble-, Insoluble- and Digestive-Resistant Types by market research publisher Packaged Facts. Coinciding with the increased activity in the highly competitive category are numerous growth opportunities that will also create shifts in the types of fiber ingredients utilized in future products.

"Packaged Facts determined that sales of all fiber food ingredients (i.e., conventional, insoluble-type fibers; conventional, soluble-type fibers; and novel fiber food ingredients) will continue to increase indefinitely, as the market for fiber-enhanced foods is still in its infancy," says Don Montuori, publisher of Packaged Facts. "There is a great deal of room for growth across almost all food categories, which presents an opportunity for the many different fiber ingredients that are among the most popular with today's food formulators."

In particular, formulators are embracing novel fibers -- most of which have only been available to formulators since the turn-of-the-century or for an even shorter period of time. Novel fibers have gained the attention of formulators due to their versatility and invisible nature in food applications that previously were not conducive to fiber enrichment. This, along with the desire of food manufacturers to increase the soluble fiber content of foods, has Packaged Facts predicting that the novel fiber food ingredient category will increase its share of the market by more than 750%, jumping 35 percentage points from an almost 5% share in 2004 to a 39% share in 2014.

Packaged Facts estimates that in 2004, 91% of all fiber food ingredient sales were of conventional, insoluble-type fibers -- the fiber food ingredients that have historically been used the most in food formulations. The remaining 9% share was split evenly between conventional, soluble-type fibers and emerging, novel fibers. Future projections are that the share for conventional, insoluble-type fibers will decrease by 41%, or 38 percentage points in 2014, while the share for the mostly new or newly refined conventional, soluble-type fibers will increase 64%, or almost 3 percentage points.

Fiber Food Ingredients in the U.S.: Soluble-, Insoluble- and Digestive-Resistant Types examines the fiber-fortified food and beverage category from two angles. The primary focus is on available fiber ingredients and the suppliers that provide them to the consumables industry. Also explored are the finished products in the marketplace and the Americans that purchase them. Further, the report provides insight to the types of fiber and their proven benefit; the companies that supply the ingredients, including a competitive analysis by fiber type and application; marketplace success stories; consumer understanding of the category as well as use of fiber-fortified products and more. For more information, please visit: http://www.packagedfacts.com/Soluble-Insoluble-Fiber-2583576/

About Packaged Facts -- Packaged Facts, a division of MarketResearch.com, publishes market intelligence on a wide range of consumer market topics, including consumer goods and retailing, foods and beverages, demographics, pet products and services, and financial products. Packaged Facts also offers a full range of custom research services. To learn more, visit: http://www.packagedfacts.com/.  

Contact Information