Overview and Scope
Soluble fibers include all dietary fiber that can dissolve in the water. Soluble fibre, when dissolved in water, generates a gel-like substance that aids digestion, modulates nutrient absorption, and regulates bowel motions.
Sizing and Forecast
The soluble fibers market size has grown rapidly in recent years. It will grow from $5.19 billion in 2023 to $5.79 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to health and wellness trends, rising chronic health conditions, growing beverage industry, regulatory support and health claims, consumer preference for natural ingredients.
The soluble fibers market size is expected to see rapid growth in the next few years. It will grow to $9.18 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to expansion of food applications, global dietary shifts, increased demand for functional foods, advancements in research and development, clean label and natural ingredients trend. Major trends in the forecast period include integration with funcational drinks, innovative flavors, retail expansion and accessibility, health claims and marketing strategies..
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Segmentation & Regional Insights
The soluble fibers market covered in this report is segmented –
1) By Type: Oligosaccharides, Resistant Starch, Resistant Maltodextrin, Polydextrose, Beta-Glucan, Other Types
2) By Raw Material: Fruits and Vegetables, Cereals and Grains, Non-Plant Sources, Other Plant Parts
3) By Application: Functional Food and Beverage, Animal Feed, Pharmaceuticals
North America was the largest region in the soluble fibers market share in 2023. The regions covered in the soluble fibers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing digestive problems are expected to propel the soluble fibers market going forward. Digestive issues are gastrointestinal disorders that affect the digestive tract, often known as the gastrointestinal (GI) tract. Digestive tract problem symptoms include bleeding, bloating, constipation or diarrhea, and heartburn. Soluble fiber aids digestion and blood sugar control by softening stool and preventing constipation. For instance, in September 2022, according to a new survey released by the American Gastroenterological Association, a US-based medical organization of gastroenterologists that has over 16,000 scientists and physicians as members, nearly 40% of Americans have discontinued ordinary activities in the recent year owing to unpleasant gastrointestinal symptoms. Therefore, the increasing digestive problems will drive the growth of the soluble fibers market.
Key Industry Players
Major companies operating in the soluble fibers market report are Tate & Lyle PLC, DowDuPont, Nexira Biotech Inc., Ingredion Incorporated, Archer Daniels Midland Company, TIC Gums Inc., Taiyo International, Psyllium Labs LLC, Wacker Chemie AG, Cargill Incorporation, Fiberstar Inc., Marshall Ingredients, PMV Nutrient Products Pvt. Ltd., Fenchem, Tereos S.A., Roquette Freres, Kerry Group Plc, The Green Labs LLC, Lonza Group AG, Cosucra Groupe Warcoing SA, Grain Processing Corporation, Matsutani Chemical Industry Co. Ltd., ADM WILD Europe GmbH & Co. KG, Sensus BV, DSM, Beneo, Incorporated Foodstuffs Pvt. Ltd., Glanbia Plc, Hergestellt GmbH, FiberPro Inc.
The soluble fibers market report table of contents includes:
1. Executive Summary
2. Soluble Fibers Market Characteristics
3. Soluble Fibers Market Trends And Strategies
4. Soluble Fibers Market – Macro Economic Scenario
5. Global Soluble Fibers Market Size and Growth
…..
31. Global Soluble Fibers Market Competitive Benchmarking
32. Global Soluble Fibers Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Soluble Fibers Market
34. Soluble Fibers Market Future Outlook and Potential Analysis
35. Appendix
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