The Soluble Fiber Market is valued at around USD 4.97 billion in 2022 and is expected to reach USD 14 billion by 2030, registering a CAGR of 10.24% over the forecast period.
Consumers’ increasing understanding of the value of eating a healthy diet will have a significant impact on the growth of the global dietary fibers market. Due to consumers’ growing awareness of the health benefits of dietary fiber in preventing diseases including diabetes, hypertension, cardiovascular disease, and obesity, there is now a sizable market for goods containing this substance. A lack of high-quality fruits and vegetables would also have a positive effect on the introduction of functional foods into diets, which would boost demand on the global market.
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In both humans and animals, dietary fibers are essential nutrients that support digestion and control bowel movements. These nutritional ingredients made from plants are indigestible. The two main categories of dietary fibers sold on the market are soluble and insoluble, based on their physical characteristics. Both cellulose and non-cellulosic carbohydrates are components of these fibers, which are primarily derived from plants. These fibers help with waste removal within the body, weight maintenance, and the prevention of diabetes and heart disease by lowering blood sugar and cholesterol levels.
The Soluble Fiber Market – Segmentation
The Soluble Fiber Market fragrance concentrates market has been sub-classified into raw material, product, application.
On the basis of raw material, the Soluble Fiber Market is bifurcated into:
• Fruits and vegetables
• Cereals and grains
• Plant parts
• Non-plant sources
• others
On the basis of application, the market is segmented into:
• functional foods and beverages
• animal feed
• pharmaceuticals
• others
On the basis of product, the market is segmented into:
• inulin
• oligosaccharides
• resistant starch
• resistant maltodextrin
• polydextrose
• beta-glucan
• Others
Market Regional Analysis
North America dominated the global Soluble Fiber Market, the increase in health consciousness. The growing demand for functional foods among consumers will also contribute to the region’s soluble fibre market’s expansion over the course of the forecast period. Due to the rising consumer awareness of the importance of leading a healthy lifestyle, the soluble fibre market in Asia-Pacific is predicted to grow significantly over the coming years. Additionally, it is anticipated that an increase in the elderly population will fuel market expansion in the area in the years to come.
Market Key Market players
Global key players of Market include Roquette Frères., Batory Foods, Tate & Lyle, Taiyo International, Shimizu Chemical Corporation, Taiyo Kagaku India Pvt Ltd, TIC Gums, Inc., Shandong Guangming Super Refractory Fiber Co., Ltd, Nexira SAS, Nestlé, Emsland Group, Vippy Industries Ltd., ADM, FENCHEM, PMV Nutrient Products Pvt Ltd., Fiberstar, Cargill, Incorporated., Wacker Chemie AG, Psyllium Labs LLC, DuPont, and Jiangsu Huachang (Group) Co., Ltd., among other.
Report scope
Global Soluble Fiber Market: Historical Years- 2018-2021
Global Soluble Fiber Market: Forecast Years- 2022-2030
Global Soluble Fiber Market 2022- USD 4.97 billion
Global Soluble Fiber Market 2030- USD 14 billion
Global Soluble Fiber Market CAGR- 10.24%
It is anticipated that the absence of standards and norms, as well as the stability and reactivity of saturated water, will impede expansion within the anticipated time frame. Additionally, the absence of universally accepted product standards and rural market ignorance could be obstacles to the overall expansion of the global dietary fibers market. Nevertheless, growing demand from the pharmaceutical industry, expanded usage of dietary fibers in the form of fortified snacks, increased global consumption of fiber-based supplements, and untapped potential in developing nations all point to positive growth prospects.
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