Soluble Dietary Fibers Market Size, Share, Growth, and Industry Analysis by Type (Insulin, Polydextrose, Pectin & Others), By Application (Functional Food & Beverages, Animal Feed, Pet Food & Pharmaceuticals & Others), Regional Insights, and Forecast To 2032

Updated On: 22 April 2024

soluble dietary fibers market REPORT OVERVIEW

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The global soluble dietary fibers market size is expected to be USD 2071.7 million in 2022 and the market is projected to touch USD 4309.6 million by 2032, exhibiting a Compound annual growth rate (CAGR) of 7.6% during the forecast (2024-2032). In the market study, our analysts have considered soluble dietary fibers players such as Cargill, Inc (U.S.), E. I Du Pont (U.S.), Ingredion Incorporated (U.S.), Ingredion Incorporated (U.S.) and Sudzucker AG (Germany).

The market for soluble fibers has grown in recent years as consumers have become more health-conscious and interested in functional foods that offer health benefits beyond basic nutrition. Food and beverage companies have responded by adding soluble dietary fibers to their products, such as cereals, breads, snack bars, and beverages, to appeal to these consumers. They are a type of dietary fiber that dissolve in water and form a gel-like substance in the digestive tract. They are found in plant-based foods such as fruits, vegetables, legumes, and grains, and are often added to processed foods as a dietary supplement.

They are fermented by bacteria in the colon and produce short-chain fatty acids, which can provide energy to the body and promote the growth of healthy gut bacteria. They are also known to help regulate blood sugar levels and cholesterol levels, as well as promote feelings of fullness and reduce appetite. Some common sources of soluble dietary fibers include oats, barley, psyllium, chia seeds, flaxseeds, beans, lentils, peas, and many fruits and vegetables such as apples, pears, berries, citrus fruits, carrots, and sweet potatoes.

COVID-19 Impact: Industry Shutdown Causes Market Distortion

The COVID-19 epidemic caused problems for food companies like volatile markets, a drop in customer confidence, and difficulties with import and export transactions. Markets were shut down and people stayed at home due to the lockdown. However, this sudden demand disrupted the entire market because the necessary materials were not readily available. In addition to having an immediate influence on markets, supply chains, supply and demand, and all of these other things, it also had a financial impact on the markets for food and beverages. Food manufacturers are concentrating on safeguarding their personnel, business processes, and supply chains to deal with this severe scenario. The pandemic impacted the industry dynamics, forcing organizations to revamp their entire operation structures to maintain stability amid the disruptions. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall beverages industry. This has partially impacted the soluble dietary fibers industry.

LATEST TRENDS

"Functional Foods & Beverages to Boost the Market Growth"

The demand for functional foods and beverages is one of the key trends driving the growth of the soluble dietary fibers industry. Functional foods are foods that provide health benefits beyond basic nutrition, and they are becoming increasingly popular among health-conscious consumers. They are often added to functional foods and beverages to improve their nutritional profile and provide health benefits such as improved digestion, weight management, and reduced risk of chronic diseases such as heart disease and diabetes. The demand for functional foods and beverages is being driven by several factors, including increasing consumer awareness about the health benefits of dietary fibers and growing concerns about the prevalence of chronic diseases such as obesity, diabetes, and heart disease. As consumers become more aware of the importance of a healthy diet in preventing these diseases, they are seeking out foods and beverages that can help support their health and well-being. Thus, during the forecast period, the aforementioned factors are anticipated to fuel market growth. The global market will benefit from these factors. Thus, a key trend that is opening up potential for the industry to grow is the growing demand for functional foods and beverages. These new developments are mostly to blame for the market's overall growth.

soluble dietary fibers market SEGMENTATION

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• By Types 

Based on type, the market is classified into Insulin, Polydextrose, Pectin & Others. .

• By Application

Based on the market is categorized into Functional Food & Beverages, Animal Feed, Pet Food & Pharmaceuticals & Others.

DRIVING FACTORS

"Health Benefits that Give the Market Extra Boost"

Growing awareness about the health benefits of these fibers is one of the key driving factors in the whole market. They are known to provide a range of health benefits, including improved digestion, weight management, and reduced risk of chronic diseases such as heart disease and diabetes. Consumers are becoming increasingly aware of the importance of a healthy diet and lifestyle, and they are looking for food ingredients that provide health benefits. They are a natural and effective way to support overall health and wellbeing. These fibers are found in a variety of plant-based foods, such as oats, beans, fruits, and vegetables. There has been extensive research on the health benefits of these fibers. Studies have shown that consuming these fibers can help lower cholesterol levels, improve blood sugar control, and promote a healthy gut microbiome. These benefits are driving the demand for the industry. As a result, the growth, and the increasing awareness about the health benefits will boost the industry. It will contribute to the expansion of the food & beverages industry and it will improve the overall soluble dietary fibers market growth.

"Chronic Diseases to Encourage Market Expansion"

The increasing prevalence of chronic diseases is another important driving factor of the whole market. Chronic diseases such as heart disease, diabetes, and obesity are major health concerns worldwide, and they are linked to poor dietary choices and unhealthy lifestyles. They are known to play a beneficial role in preventing and managing chronic diseases. For example, consuming soluble fibers can help lower cholesterol levels, which is an important risk factor for heart disease. Soluble fibers can also help regulate blood sugar levels and improve insulin sensitivity, which is beneficial for people with diabetes or at risk of developing diabetes. Moreover, soluble fibers can help promote satiety and reduce appetite, which can support healthy weight management. Over the course of the forecast period, the market is anticipated to grow as a result of all these advanced features. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.

RESTRAINING FACTORS

"High Cost to Impede Market Expansion"

The factor hindering the market is the high cost of the product. Soluble dietary fibers can be more expensive than other food ingredients, which can limit their use in food products. This can make it difficult for manufacturers to offer affordable products that contain these fibers. This factor is impeding market expansion. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.

soluble dietary fibers market REGIONAL INSIGHTS

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"North America Dominating the Market Across the Globe"

The market for soluble dietary fibers is in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the soluble dietary fibers market share is the growing demand of product in functional food & beverages, animal feed, pet food & pharmaceuticals is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

• Cargill, Inc (U.S.)
• E. I Du Pont (U.S.)
• Ingredion Incorporated (U.S.)
• Ingredion Incorporated (U.S.)
• Sudzucker AG (Germany)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost soluble dietary fibers market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.