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Australia & New Zealand Dietary Fibers Market Forecast 2023-2030


The Australia & New Zealand dietary fibers market is expected to record a CAGR of 10.43% in terms of revenue and 10.39% in terms of volume during the forecast period, 2023-2030. Consumers are increasingly seeking immunity-boosting and healthy diets, particularly post-COVID-19, which facilitates market growth opportunities for dietary fibers. The other growth factors include increased meat consumption, changing food patterns due to disease burden, and personalized medicine trends.


In Australia, the promotion of dietary fiber consumption has encouraged dietary fiber manufacturers to raise their production scale. Also, the government promotes fiber intake to minimize the chances of Type 2 diabetes and cardiovascular diseases. These diseases are among the prominent causes of mortality and morbidity in New Zealand. A healthy diet is evaluated to work as a preventive measure against such diseases.

Furthermore, grain-based foods are the major source of dietary fiber in New Zealand. The increasing awareness regarding the health benefits of dietary fibers offers growth opportunities for the New Zealand dietary fibers market. Moreover, the flourishing food & beverage industry is projected to contribute majorly to the analyzed market's growth prospects in Australia and New Zealand.


Some of the key companies operating in the market include Ingredion Inc, Batory Foods, Tate & Lyle, Kerry Group Plc, etc.

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Australia & New Zealand Dietary Fibers Market Forecast 2023-2030
Published By :Inkwood Research
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