Soluble Dietary Fibers Market
Soluble Dietary Fibers Market - Global Industry Assessment & Forecast
- By Raw Material Fruits & Vegetables, Cereals & Grains, Legumes, Nuts & Seeds
- By Product Soluble Dietary Fibers, Insoluble Dietary Fibers
- By Application Food & Beverage, Pharmaceuticals, Animal Feed, Others
- By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
|Forecast Years:||2021 - 2028|
|Historical Years:||2016 - 2020|
|Revenue 2021:||USD 46.54 Billion|
|Revenue 2028:||USD 85.62 Billion|
|Revenue CAGR (2021 - 2028):||9.1%|
|Fastest Growing Region (2021 - 2028)||Asia Pacific|
|Largest Region (2021):||Asia Pacific|
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Soluble Dietary Fibers Market: By Raw Material, Application, and Region
Global Soluble Dietary Fibers Market is valued at USD 46.54 Billion in 2021 and estimated to reach a value of USD 85.62 Billion by 2028 at a CAGR of 9.1% during the forecast period, 2022–2028. Soluble dietary fiber helps lower blood cholesterol levels. This simple answer appears to be the reason for its growing use in processed food products. There are now countless list of soluble dietary fiber containing product on the market. All these high soluble dietary fiber containing foods are generally considered to be healthy. Soluble dietary fiber, also called viscous dietary fiber, can slow down the absorption of foods in digestive tract. The delaying effect means that we absorb fewer calories from foods and these fewer calories in turn lowers food intake and reduces body weight and obesity.
Soluble Dietary Fibers Market Size, 2021 To 2028 (USD Billion)
Prebiotic Properties of Soluble Dietary Fiber is a Key Factor Driving Demand for Soluble Dietary Fiber Market
Prebiotic properties of soluble dietary fiber is a key factor driving demand for soluble dietary fiber which helps in treating some gastrointestinal diseases. Soluble dietary fiber also reduces the risk of contracting cardiovascular disease, type II diabetes and colon cancer. This has resulted in increased use of soluble dietary fiber as compared to insoluble & functional fibers thereby increasing the demand for soluble dietary fiber.
Apart from prebiotic properties, soluble dietary fiber is also used in making functional foods which helps in reducing blood cholesterol. It also increases calcium absorption which results in increased bone density and reduces the risk of contracting osteoporosis. All these factors are driving the demand for soluble dietary fiber which is expected to further grow at a significant rate during the forecast period.
Global Soluble Dietary Fibers Market is segmented by source (fruits & vegetables, cereals & grains), product (soluble, insoluble), application, and region. Asia Pacific is projected to dominate the global soluble dietary fiber market due to large population base, strong presence of end-use industry, growing consumption bakery and confectionary products, and rising awareness about benefits of dietary fibers among people with obesity and cardiovascular diseases.
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By Source, Cereals and Grain are Holding Major Share of Soluble Dietary Fiber Market
Soluble dietary fiber is mostly found in plant foods. Legumes are especially high in soluble dietary fiber. Soluble fiber can be found in oats, fruits, vegetables, nuts and seeds. Wherein, cereals and grains are the major source of dietary fiber. Legumes like lentils, black beans or garbanzos are excellent sources of soluble fiber resulting in significant improvement of LDL cholesterol level. Beside that, legume have low glycemic index which means it doesn't raise blood sugar levels.
By Application, Food and Beverage Segment to hold Major Share of the Soluble Dietary Fiber Market
Soluble dietary fiber (SDF) has been gaining commercial relevance as food and beverage ingredient due to its health benefits such as cholesterol reduction and weight management. The health benefit associated with SDF is often considered as the major driver for the growth of this market. Based on source, plant-based SDF holds significant market share and is expected to maintain its dominance throughout the forecast period. In terms of application, bakery & confectionary is expected to be the largest segment, attributable to increasing demand from Asia-Pacific and LAMEA regions.
Asia Pacific to Dominate Soluble Dietary Market
Asia-Pacific dominated the global soluble dietary fiber market in terms of consumption volume. Increasing awareness regarding health benefits associated with SDF coupled with changing lifestyle has led to a significant rise in demand for functional foods and beverages in Asia-Pacific countries such as China and India. Moreover, increased consumption of bakery items due to changing eating habits has also fueled the growth of this market over the past few years.
Major players in the Soluble Dietary Fibers Market include ADM; BENEO; Cargill, Lonza; DuPont; Incorporated; Roquette Frères; Ingredion Incorporated; Emsland Group; Puris; The Green Labs LLC; Kerry Inc.; Tate & Lyle; Nexira; Taiyo International; Farbest Brands; and Batory Foods
Soluble Dietary Fibers Market is segmented as follows:
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Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
Soluble Dietary Fibers Market is segmented as follows:
Frequently Asked Question
What is the global demand for Soluble Dietary Fibers in terms of revenue?
The global Soluble Dietary Fibers valued at in 2020 and is expected to reach in 2028 growing at a CAGR of 9.1%.
Which are the prominent players in the market?
The prominent players in the market are ADM; BENEO; Cargill, Lonza; DuPont; Incorporated; Roquette Frères; Ingredion Incorporated; Emsland Group; Puris; The Green Labs LLC; Kerry Inc.; Tate & Lyle; Nexira; Taiyo International; Farbest Brands; and Batory Foods.
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 9.1% between 2021 and 2028.
What are the driving factors fueling the growth of the market.
The driving factors of the Soluble Dietary Fibers include
- Prebiotic Properties of Soluble Dietary Fiber
Which region accounted for the largest share in the market?
Asia Pacific was the leading regional segment of the Soluble Dietary Fibers in 2020.