Global Soluble Dietary Fiber Market

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


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

Soluble Dietary Fiber Market Insights

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).

 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.

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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. 

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.

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Global Soluble Dietary Fiber Market

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