Soluble Dietary Fiber Market Size, Share, Growth Analysis, By Source(Fruit & Vegetables, Cereals & Grains), By Type(pharmaceuticals, animal feed), By Region - Industry Forecast 2024-2031

Q: What is the global market size of the Soluble Dietary Fiber Market?

Global Soluble Dietary Fiber Market size was valued at USD 46.02 billion in 2021 and is poised to grow from USD 50.05 billion in 2022 to USD 98.25 billion by 2030, growing at a CAGR of 8.8% in the forecast period (2023-2030).

Q: Who are the key vendors in the Global Soluble Dietary Fiber Market?

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. 'Cargill Inc.', 'Archer Daniels Midland Company', 'Ingredion Inc.', 'Tate & Lyle PLC', 'DuPont de Nemours, Inc.', 'Roquette Frères', 'Südzucker AG', 'Grain Processing Corporation', 'Lonza Group Ltd.', 'Nexira', 'Cosucra Groupe Warcoing SA', 'SunOpta Inc.', 'Kerry Group PLC', 'Matsutani Chemical Industry Co., Ltd.', 'Taiyo International, Inc.', 'Fibersol LLC', 'NutriScience Innovations LLC', 'Kowa Europe GmbH', 'Sensus BV', 'AMT Labs & Ingredients'

Q: What is the key market trend for the Global Soluble Dietary Fiber Market?

The global dietary Fiber market is expected to witness moderate competition among the companies owing to the presence of numerous players across the industry. Owing to changing consumer trends, numerous companies are expanding their product portfolio to gain a competitive advantage in the market. Manufacturers are increasingly engaged in R&D activities related to the products that are used in manufacturing of the dietary Fiber. They are also expanding their production capacities to meet growing demand for the dietary Fiber from the application industry.

Report ID: SQMIG15A2112 | Region: Global | Published Date: July, 2024
Pages: 261 | Tables: 61 | Figures: 75

Soluble Dietary Fiber Market Regional Insights

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.

Soluble Dietary Fiber Market Report Snapshots

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Soluble Dietary Fiber Market size was valued at USD 46.02 billion in 2021 and is poised to grow from USD 50.05 billion in 2022 to USD 98.25 billion by 2030, growing at a CAGR of 8.8% in the forecast period (2023-2030).

The 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. 'Cargill Inc.', 'Archer Daniels Midland Company', 'Ingredion Inc.', 'Tate & Lyle PLC', 'DuPont de Nemours, Inc.', 'Roquette Frères', 'Südzucker AG', 'Grain Processing Corporation', 'Lonza Group Ltd.', 'Nexira', 'Cosucra Groupe Warcoing SA', 'SunOpta Inc.', 'Kerry Group PLC', 'Matsutani Chemical Industry Co., Ltd.', 'Taiyo International, Inc.', 'Fibersol LLC', 'NutriScience Innovations LLC', 'Kowa Europe GmbH', 'Sensus BV', 'AMT Labs & Ingredients'

Soluble Dietary Fiber show optimistic growth trends in the near future due to several factors such as rising consumer preference for natural food ingredients, increasing consumer awareness regarding maintenance of health, and much more. Technological advancements in various fields of manufacturing industries along with increasing utilization of dietary Fiber across various industries is fuelling demand growth of dietary Fiber.

The dietary Fiber market is expected to witness moderate competition among the companies owing to the presence of numerous players across the industry. Owing to changing consumer trends, numerous companies are expanding their product portfolio to gain a competitive advantage in the market. Manufacturers are increasingly engaged in R&D activities related to the products that are used in manufacturing of the dietary Fiber. They are also expanding their production capacities to meet growing demand for the dietary Fiber from the application industry.

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Soluble Dietary Fiber Market Size, Share, Growth Analysis, By Source(Fruit & Vegetables, Cereals & Grains), By Type(pharmaceuticals, animal feed), By Region - Industry Forecast 2024-2031

Soluble Dietary Fiber Market Regional Insights

Soluble Dietary Fiber Market Report Snapshots

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Who are the key vendors in the Soluble Dietary Fiber Market?

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