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Global Dietary Fiber Market To Expand To $3.25 billion By 2017

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By: Sean Moloughney

Editor, Nutraceuticals World

A new report from Markets and Markets predicts the global dietary fiber market will expand to $3.25 billion by 2017, driven by an aging population and growing understanding of health benefits. According to the report, “Dietary Fiber Market by Product Type (Conventional/ Novel & Soluble/Insoluble) and Application (Food & Pharmaceuticals)—Global Trends & Forecasts up to 2017,” North America leads the global dietary fiber market with share of 36% followed by Europe (31%) and Asia-Pacific (17%) in terms of revenue in the year 2011. Major drivers include the ever-growing aging population, growing consumption by the supplement segment, the advantage provided by its low cost, and growing consumer perception about health benefits.
For more information: www.marketsandmarkets.com

 

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