USD 46.02 billion
Report ID:
SQMIG15A2112 |
Region:
Global |
Published Date: July, 2024
Pages:
261
|Tables:
61
|Figures:
75
Soluble Dietary Fiber Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 0 Billion by 2032, growing at a CAGR of 8.8% during the forecast period (2025-2032).
The soluble dietary Fiber market is segmented into fruit & vegetables, cereals & grains, nuts & seeds, and others. The fruit & vegetables segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is attributed to the factors such as increasing chronic diseases use of Fiber extracted from fruit & vegetables in the treatment of digestive health, cardiovascular health, healthy blood glucose levels, satiety, and weight management and high content of soluble dietary fiber such as inulin, pectin, and beta-glucan in fruit & vegetables as compared to other crops. Furthermore, the growing consumption of healthy and functional food products is projected to drive the market over the next few years.
With the increasing world population and welfare, the demand for food ingredients like soluble dietary fiber as a food-nutritional component is rising sharply. Furthermore, people's spending has increased on healthier food to better their lifestyle and fitness. Consumers have become more aware of soluble dietary fiber benefits in supporting an active lifestyle. A soluble dietary fiber-rich diet is efficient in the treatment of various diseases. People with diabetes can benefit from soluble fiber-rich diets, as it slows the emptying of the stomach and prevents instant spikes in blood glucose levels. Soluble fiber also relieves inflammatory bowel conditions, diarrhea, and constipation and helps people control caloric intake by increasing the release of satiety hormones and slowing digestion.
In addition to the satiety effects of soluble Fiber, resistant maltodextrin, inulin, and oligofructose can help reduce food's overall caloric content without adversely affecting taste and texture. Rapid industrialization, urbanization, economic development, and globalization have resulted in consumers' changing diets and lifestyles, impacting the health and nutritional status of populations in developing countries. Increasing health consciousness is associated with increased incidences of diseases.
US Soluble Dietary Fiber Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 46.02 billion
Largest Segment
Inulin
Fastest Growth
Inulin
Growth Rate
8.8% CAGR
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Global Soluble Dietary Fiber Market is segmented on the basis of source, type, application, and region. By Product, the Soluble Dietary Fiber Market is sub-segmented into inulin, pectin, polydextrose, beta-glucan and others. By Application, the Soluble Dietary Fiber Market is categorized into pharmaceuticals and animal feed. By source, the Soluble Dietary Fiber Market is segmented into Fruit & Vegetables, Cereals & Grains. By region, the Soluble Dietary Fiber Market is segmented into North America, Latin America, Europe, Asia Pacific, and MEA.
Soluble Dietary Fiber Market Analysis by Product Type
By product type, the soluble dietary Fiber market is segmented into inulin, pectin, polydextrose, beta-glucan, and others. The inulin segment is dominating the market. Inulin is a soluble fiber obtained from many plants. Inulin is commonly obtained from chicory roots and it is used in medicinal products. Inulin is used for weight loss, constipation, diarrhea, and diabetes. It is also used as a tool for therapeutic drug delivery. Inulin supplements are available in capsule and powder forms.
Soluble Dietary Fiber Market Analysis by Application
By Application, the soluble dietary Fiber market is segmented into food and beverages, animal nutrition, pharmaceuticals and nutraceuticals, and others. The food and beverages segment is dominating the market. There are various types of soluble dietary Fiber used in the food & beverages industry. Soluble dietary Fiber such as inulin, polydextrose, pectin, and dextrins are used to replace fat and sugar in foods. Being colourless, inulin can be used in many food products without affecting their appearance, texture, or flavour. Pectin is utilized as a thickening agent in the commercial production of jellies, jams, and marmalades. Soluble Fiber are used in food to improve taste and texture while also providing many health benefits.
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The North American region is expected to command the largest soluble dietary Fiber market share. The large share of the North American soluble dietary Fiber market is attributed to the increasing chronic diseases, growing functional food consumption, demand for healthy & nutritional products, consumer expectations for innovation and healthy food products, and health & wellness trend.
Asia Pacific held the largest revenue share of the global soluble dietary Fiber market. The high consumption of soluble dietary Fiber in Asia Pacific is attributed to rising consciousness toward health and wellness. The presence of a manufacturing hub and the growing demand for soluble dietary Fiber from food and beverage processing industries drives the market growth in the region.
Additionally, the changing lifestyle of consumers and booming food & beverages industry along with market penetration by global market players are expected to propel the market growth in coming years. In addition, continuous research and development and the growth of pharmaceutical and nutraceutical, animal feed, and other such industries have led to the widespread adoption of soluble dietary fiber in the regional market.
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Soluble Dietary Fiber Market Drivers
Increasing Demand for Natural Food is Bolstering Sales of Soluble Dietary Fiber
Soluble Dietary Fiber Market Restraints
Side Effects of Consuming Gluten to Hinder Market Growth
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The Global Soluble Dietary Fiber Market is highly fragmented with the presence of several small and large market players operating all over the world. Major companies of the market are implementing several business strategies such as new product launches, acquisition & mergers, collaboration, and partnerships for the expansion of their geographical presence and their product portfolio.
Soluble Dietary Fiber Market Top Players Company Profiles
Soluble Dietary Fiber Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
Our analysis of the global soluble dietary fibre market predicts that throughout the projected period, rising demand for dietary fibres in developing economies and rising awareness of personal care and hygiene would help the sector thrive. Throughout the projected period, it is anticipated that the expanding personal care industry will boost demand for dietary fibres. Due to the claims of better health, increased energy, and weight loss, people are adopting gluten-free diets in greater numbers. The rise of the demand for dietary fibres will be limited because a rising number of people are sensitive to meals that contain gluten, such as wheat and other grains.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 0 Billion |
Market size value in 2032 | USD 0 Billion |
Growth Rate | 8.8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Soluble Dietary Fiber Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Soluble Dietary Fiber Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Soluble Dietary Fiber Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Soluble Dietary Fiber Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG15A2112
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