Soluble Dietary Fibers Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMFB554 | Last Updated On: Jun 23 2022 | Available Formats

> Global Soluble Dietary Fibers Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Soluble Dietary Fibers Market is segmented By Source (Cereals & Grains, Fruits & Vegetables, Nuts & Beans), By Application (Feed Industries, Functional Food, Pharmaceutical Industries), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The global soluble dietary fibers market is growing at a high  CAGR during the forecast period (2022-2029).

  • Soluble dietary fiber is “dissolvable” in water. When blended with water it shapes a gel-like material and swells. Soluble nutritional fiber has many advantages, including directing blood glucose levels and bringing down cholesterol. The logical names for solvent filaments incorporate pectins, gums, adhesives, and some hemicelluloses.

  • The origins of soluble dietary fiber include oats and barley, vegetables (peas, beans, lentils), grain, foods grown from the ground (mainly oranges, apples, and carrots).

Market Dynamics

  • The primary driver for the soluble dietary fibers market is increasing demand in the pharmaceuticals and food & beverages industries. Intake of soluble nutritional fibers helps reduce the risk of cancers, diabetes, hypertension, strokes, and obesity.

  • However, strict government regulations and international quality standards for soluble dietary fibers are hindering the growth of the global

  • soluble nutritional fibers market.

Market Segmentation Analysis

  • The global soluble dietary market is segmented by Source, and by Application. Based on the source, the market is segmented into Cereals & Grains (Oats, Barley), Fruits & Vegetables (Apples, Banana, Others (Grapefruit, Carrots, Oranges)), Nuts & Beans.

  • Further, based on the Application, the market is segmented into Feed Industries, Functional Food, and Pharmaceutical Industries. Among all applications, Functional Food holds the most significant market share. The American Dietetic Association (ADA) describes functional foods as foods with a potential health benefit when consumed as part of a varied diet regularly at sufficient levels. Nowadays, the significance of functional foods is increasing rapidly in nutrition research and food science and contributes towards maximum revenue growth of the soluble dietary market over the forecast period.

  • Further, functional foods promote better health by reducing the risk of chronic diseases such as coronary heart disease and cancer, improving cognitive health, and managing weight. A typical example of natural functional food is oats.

Geographical Share

  • Geographically, the global soluble dietary fibers market is segmented into Asia-Pacific, North America, Europe, South America, and RoW. Among all the regions, North America is estimated to be the fastest-growing region due to increasing consumer expectations for improvement and healthy food products. The U.S. market completely drives north America.

  • The primary drivers for this region are the surge in consumer demand for healthy fibrous food owing to hectic lifestyles. U.S. consumers are becoming aware of the health benefits of different types of soluble dietary fibers, for instance, beta-glucan and inulin, and their significance in improving body immunity. Growing occurrences of cardiac diseases and obesity have resulted in consumers showing a preference for natural and low-calorie food products.

  • The Asia-Pacific soluble dietary fibers market will expect growth over USD XX% by 2025. Increasing consumer spending on food & beverages, along with increased demand for pharmaceuticals has driven the regional industry growth. Consumer's preference for healthy lifestyle accompanied by government educational campaign over clean eating will drive demand in this region.

Competitive Trends

  • The global soluble dietary fibers market products are fragmented with a large number of local and international players. However, Some of the most important manufacturers and suppliers of soluble dietary fibers are Nexira Inc., Cargill, Inc., Kerry Inc., Tate & Lyle, Ingredion Inc., Archer Daniels Midland Company, Roquette Frères S.A., Herbafood Ingredients GmbH, Proctor and Gamble, and Lonza Group.

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