Soluble Fiber Market Size, Industry Analysis Report By Raw Material (Fruits And Vegetables, Cereals And Grains, Plant Parts, Non-Plant Sources), By Application (Functional Foods And Beverages, Animal Feed, Pharmaceuticals), By Product (Inulin, Oligosaccharides, Resistant Starch, Resistant Maltodextrin, Polydextrose, Beta-Glucan) & Region – Forecast
- PUBLISHED ON
- 2024-10-03
- NO OF PAGES
- 258
- CATEGORY
- Chemicals & Materials
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. Fiber that is soft, sticky, and that absorbs water to create a gel-like consistency inside the digestive system is referred to as soluble fibre. Peas, beans, barley, oats, avocados, and fruits are among the best sources. To help the stool pass more easily through the GI tract, soluble fibre helps to soften it. Additionally, it binds to substances like sugar and cholesterol, preventing or delaying their absorption into the blood.
The Soluble Fiber Market - Growth Factor
The trend toward eating a healthy diet that promotes health and prevents diseases, as well as the rise in consumer awareness of health and fitness, are likely to increase demand for soluble fibre ingredients and for products like prebiotics that contain soluble fibre in significant amounts. Prebiotic demand is likely to increase as a result of rising rates of gastrointestinal and digestive disorders, hectic lifestyles, changing food preferences among consumers, and increasing cases of these conditions. The most popular prebiotic, inulin, has a market value of about USD 2.1 billion. Numerous health advantages of inulin include better digestion, heart health, weight loss, appetite suppression, and gut health. The ability of inulin to regulate cholesterol and blood sugar levels can present tremendous opportunities and be revolutionary in the treatment of diabetes patients. As a result, soluble fibre consumption will rise, with encouraging future growth.
The Soluble Fiber Market – Market Trends
• Demand for soluble fibre and goods with soluble fibre as a primary ingredient, like prebiotics, is anticipated to increase in response to rising consumer awareness of health and fitness as well as the trend toward eating a balanced diet that is great for health and prevents diseases.
• Due to their improved nutritional profile, breakfast cereals are quickly gaining market share in the global soluble fibre industry.
• Customers' growing health concerns about the negative effects of processed and fast foods as well as their excessive calorie consumption in comparison to recommended daily intake are to blame for this.
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
The Soluble Fiber 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.
The Soluble Fiber Market – Key Market players
Global key players of Soluble Fiber 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%
"
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI