Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 51.36 Billion | USD 108.82 Billion | 8.7% | 2023 |
According to Zion Market Research, the global Soluble Fiber Market was worth USD 51.36 Billion in 2023. The market is forecast to reach USD 108.82 Billion by 2032, growing at a compound annual growth rate (CAGR) of 8.7% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Soluble Fiber industry over the next decade.
Soluble fibers are one of the most essential components of dietary roughage or fiber—an indigestible portion of food derived from plants. Soluble fiber gets easily dissolved in water before being fermented further in the colon. The process of fermentation converts the fiber into gases or other by-products. The soluble fibre is smooth and elastic and absorbs water within the digestive system to form a gel-like material. Nuts, peas, oats , rye, vegetables, and avocados are the main sources. Soluble fibre helps relax the stool so that it can more freely slip into the GI tract. It also binds to compounds such as cholesterol and fructose, blocking their absorption into the blood or reducing it. The popularity of the global soluble fiber market can be attributed to growing incidences of obesity across the world, as soluble fiber helps in weight management by speeding up the metabolism rate.
Demand for soluble fibre in the global market has risen due to the prevalence of nutritious foods and drinks. Dietary suppliers have achieved commendable reputation around the globe, and this trend has affected the global soluble fibre market 's growth dynamics. There has been a move from high-calorie food consumption to higher dietary fibre intake, and this aspect will continue to fuel demand in the global soluble fibre industry. For the human body, the property of dietary fibres to break down only after meeting the large intestine has many advantages.
The Soluble Fiber market is fragmented based on raw material, application, and end user. By raw material, the market is divided into fruits and vegetables, cereals and grains, other plant parts and non-plants parts. On the basis of application, the Soluble Fiber market includes insulin, oligosaccharides, resistant starch, resistant maltodextrin, polydextrose, beta-glucan, and others. Cereals & grains are a main category of raw materials and account for more than a fifth of the market as a whole. They are used widely to remove polydextrose, beta-glucans and many other essential forms of drugs. In 2019 the application category of oligosaccharides accounted for around one-fourth of the overall market and its growth will be boosted by growing demand for GOS in functional foods and pharmaceuticals.
Functional foods & beverages will be the major application segment and will grow with a steady rate during the forecast timeframe. The segment’s growth will be augmented by rising awareness about the advantages of functional and fortified food consumption.
Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Soluble Fiber Market |
Market Size in 2023 | USD 51.36 Billion |
Market Forecast in 2032 | USD 108.82 Billion |
Growth Rate | CAGR of 8.7% |
Number of Pages | 110 |
Key Companies Covered | Roquette Frères, Batory Foods, Tate & Lyle, Taiyo International, Shimizu Chemical Corporation, Taiyo Kagaku India Pvt Ltd, TIC Gums, Inc., Shandong Guangming Super Refractory Fiber Co., Ltd, www.nexira.com., Nestlé Health Science, Emsland Group, Vippy Industries Ltd., Archer Daniels Midland Company, FENCHEM, PMV Nutrient Products Pvt Ltd., Fiberstar, Cargill, Incorporated., Wacker Chemie AG, Psyllium Labs LLC, DuPont de Nemours, Inc. among others |
Segments Covered | By Raw Material, By Application, By End User And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America, which accounted for over a fifth of the global business in 2019, will remain a big market. An increasingly growing health conscious population in the U.S. would largely expand the regional demand. Rising rates of digestive disorders in the U.S. population would also raise demand during the projected period for soluble fibres. During the projected era, the Asia Pacific demand would rise by a significant CAGR.. Growing income levels in the country's developing markets, combined with a growing increasing urban population, would raise the region 's demand for dietary supplements and healthy foods, which will in turn lead to the growth of the regional sector.
Some main participants of the Soluble Fiber market are-
By Raw Material
By Application
By End user
Soluble Fiber Market: Regional Segment Analysis
FrequentlyAsked Questions
In the developing nations of North America and Western Europe, knowledge of the health benefits of fiber-rich food intake has been increasing. For an adult human, usually, 20 to 35 grammes of daily fibre consumption is prescribed. Studies suggest, however, that an average American eats just 12 to 17 grammes daily, contributing to an intensified need for soluble fiber-containing food supplements.
global Soluble Fiber Market was worth USD 51.36 Billion in 2023. The market is forecast to reach USD 108.82 Billion by 2032, growing at a compound annual growth rate (CAGR) of 8.7% during the forecast period 2024-2032
The North America region is projected to dominate the market for soluble fiber in the upcoming years. This is due to the growing consumer demand for healthy fibrous foods, rising awareness about health benefits of various soluble dietary fibers, such as beta-glucan, insulin, etc., and growing prevalence of cardiovascular diseases and obesity that leads to an increased preference for low-calorie and natural foods. The European region is anticipated to hold a substantial share in the market for soluble fiber in the future. This is due to increasing incidences of constipation among other digestive issues and growth of various functional food products.
Some main participants of the Soluble Fiber market are Roquette Frères, Batory Foods, Tate & Lyle, Taiyo International, Shimizu Chemical Corporation, Taiyo Kagaku India Pvt Ltd, TIC Gums, Inc., Shandong Guangming Super Refractory Fiber Co., Ltd, www.nexira.com., Nestlé Health Science, Emsland Group, Vippy Industries Ltd., Archer Daniels Midland Company, FENCHEM, PMV Nutrient Products Pvt Ltd., Fiberstar, Cargill, Incorporated., Wacker Chemie AG, Psyllium Labs LLC, DuPont de Nemours, Inc and others
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