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Soluble Fiber Market Key Insights:

Soluble Fiber Market Revenue Analysis

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The Soluble Fiber Market size was valued at USD 2.48 billion in 2023 and is expected to grow to USD 5.01 billion by 2032, with a growing CAGR of 8.1% over the forecast period of 2024-2032.

Dietary fiber that dissolves in water is known as soluble fiber. Various plant-based foods, such as fruits, vegetables, whole grains, and legumes, contain it. Soluble fiber is well known for its health benefits.

Based on Type, the market is categorized as Pectin, Inulin, Beta-glucan, Polydextrose, and Others. The "pectin" type is anticipated to generate a sizable amount of income over the course of the forecast period due to its use in the manufacturing of jam and jelly and its active ingredient in lowering blood cholesterol.

Based on Application, the market is segmented into Food & Beverages, Animal Nutrition, Nutraceuticals & Pharmaceuticals, and Others. Food & Beverages is estimated as the major segment with rising awareness of the potential benefits of soluble fiber the market is driven by the consumption of soluble fibers. Also, Pharmaceuticals is a growing sector where it is used as a medical supplement.

MARKET DYNAMICS

KEY DRIVERS

  • Increasing awareness of the health benefits of soluble fiber

Soluble fiber has been proven to offer a variety of health benefits, including lowering cholesterol, lowering the risk of heart disease, stroke, and type 2 diabetes, and assisting with weight management. As consumers become more aware of these benefits, they are increasingly seeking soluble fiber-rich foods and beverages. As consumers become more aware of these benefits, they are increasingly seeking soluble fiber-rich foods and beverages. This is increasing demand for soluble fiber components as well as soluble fiber-fortified food and beverage products.

  • Rise in health awareness among customers

RESTRAIN

  • lack of awareness about the benefits of Soluble Fiber

the lack of awareness of soluble fiber is not often discussed in the media or by healthcare professionals. This is likely because soluble fiber is not a drug or supplement, and it cannot be patented. As a result, there is no financial incentive for companies to promote soluble fiber.

  • lack of availability of soluble fiber products

OPPORTUNITY

  • Increased issues of constipation and digestive problems

Soluble fiber dissolves partially in water, forming a gel-like material. Soluble fiber can be found in barley, oats, beans, rye, apples, and oranges. Constipation is the most prevalent digestive disease in the United States, affecting around 15% of the population, according to the Journal of the American Medical Association. Bloating, diarrhea, and gas are common digestive issues that impact millions of Americans yearly. A type of dietary fiber that dissolves in water to form a gel-like substance is soluble fiber. The rising prevalence of constipation and digestive issues is driving demand for soluble fiber ingredients and fiber-rich food and beverage items.

CHALLENGES

  • High cost of soluble fiber products

Soluble fiber ingredients are more expensive than other types of dietary fiber, such as insoluble fiber. This is due to the fact that soluble fiber components demand more intricate processing and purifying procedures. Foods and drinks high in soluble fiber are sometimes more expensive than those high in non-soluble fiber. For some customers, the high price of soluble fiber products makes them unaffordable. Even though they are aware of the health advantages of soluble fiber, consumers who are on a tight budget could be less likely to buy soluble fiber products.

  • Food safety standards

IMPACT OF RUSSIA-UKRAINE WAR

Russia and Ukraine are major suppliers of agricultural products such as grains, oilseeds, and legumes, all of which are raw materials utilized in the production of soluble fiber. The war hampered these countries' production and exports, resulting in higher pricing for soluble fiber components. The battle has also resulted in a decrease in the supply of soluble fiber components. This is owing to production and export disruptions, as well as increased demand from other countries. According to the Food and Agriculture Organization of the United Nations (FAO) report, the war might reduce world wheat production by much to 5% in 2022.

IMPACT OF ONGOING RECESSION

The recession has impacted the soluble fiber market as the recession has led to an increase in prices of agriculture commodities by 30% since the start of war. Also, the Russia-Ukraine war has led to disruption in the supply chain of agriproducts in Europe, the US, and other countries.  Consumers tend to spend less on luxurious items like taking nutraceuticals and eating at the restaurants. Also, lack of awareness of soluble fiber already impacted the market growth and the recession fuelled the prices of soluble fibers by 20% in 2022.

MARKET SEGMENTATION

By Type

  • Pectin

  • Beta-glucan

  • Polydextrose

  • Inulin

  • Others

By Source

  • Fruits & Vegetables

  • Cereals & Grains

  • Others

By Application

  • Animal Nutrition

  • Food & Beverages

  • Nutraceuticals & Pharmaceuticals

  • Others

REGIONAL ANALYSIS

North America is the largest market for soluble fibers in 2022 and is predicted to grow at a CAGR of 5% in the forecasted period. This growth is due to the rise in awareness associated with the potential benefits of health issues. The United States is likely to account for 7.9% of the total sales of this region. Almost all of the major food businesses, as well as many regional and smaller producers, are adding fiber to their products to help Americans meet the recommended daily fiber consumption of 25 to 30 grams.

The Asia Pacific soluble fiber market is predicted to grow at a CAGR of 5.4% in the forecasted period. Consumers in the Asia Pacific region are becoming increasingly aware of the health benefits of soluble fiber. The major market is driven by China and Japan. In China, soluble fiber is produced by enzymatic reaction from the cellulose part of cabbage waste from China.

Europe has a significant market for soluble fiber globally as it is estimated to grow at a CAGR of 4.4%. The United Kingdom market has a revenue growth rate of 8.4% during the forecasted period. The key factors driving growth in the European market include the increasing awareness of the health benefits of soluble fiber, the growing demand for functional foods and beverages, and the rising popularity of plant-based diets.

South America, the Middle East and Africa, are also expected to witness growth in the soluble fiber market in the coming years. However, these regions are expected to account for a smaller share of the global market.

Soluble-Fiber-Market-Regional-Analysis-2023

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REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS

Some major key players in the Soluble Fiber Market are Cargill Inc., INGREDION, NEXIRA, ADM, Huachang Pharmaceuticals, Sunopta Inc., Tate & Lyle plc, Danisco A/S, Archer Daniels Midland Company, Kerry Group, Shandong Guangming Super Refractory Fiber Co., Ltd, DuPont, and other key players.

RECENT DEVELOPMENTS

In 2023, Tate & Lyle PLC, a company that specializes in ingredient solutions for healthier food and beverages, will present its most recent stevia sweetener that will soon be released and introduce EUOLIGO FOS dietary fiber in the US at the IFT FIRST Conference in Chicago.

In 2022, Tate & Lyle PLC acquired Quantum Hi-Tech Biological Co Ltd for USD237 Million. This acquisition further strengthens Tate & Lyle PLC’s fortification platform and positions us as a global leader in dietary fibers while expanding our presence in Asia.

In 2021, DuPont launched the Nurica enzyme in China. This enzyme is a unique enzymatic solution that enables manufacturers to naturally produce dietary fibers in the type of Galacto Oligo Saccharides.

Soluble Fiber Market Report Scope:

Report Attributes Details
Market Size in 2023  US$ 2.48 Billion
Market Size by 2032  US$ 5.01 Billion
CAGR   CAGR of 8.1% From 2024 to 2032
Base Year 2022
Forecast Period  2024-2032
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Pectin, Inulin, Beta-glucan, Polydextrose, and Others)
• By Source (Cereals & Grains, Fruits & Vegetables, and Others)
• By Application (Food & Beverages, Animal Nutrition, Nutraceuticals & Pharmaceuticals, and Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Cargill Inc., INGREDION, NEXIRA, ADM, Huachang Pharmaceuticals, Sunopta Inc., Tate & Lyle plc, Danisco A/S, Archer Daniels Midland Company, Kerry Group, Shandong Guangming Super Refractory Fiber Co., Ltd, DuPont
Key Drivers • Increasing awareness of the health benefits of soluble fiber
• Rise in health awareness among customers
Market Restrain • lack of awareness about the benefits of Soluble Fiber
• lack of availability of soluble fiber products

Frequently Asked Questions

Ans: Soluble Fiber Market size was valued at USD 2.3 billion in 2022.

Ans: Opportunities are soluble fiber helps to reduce the issues of constipation and digestive problems.

Ans:   USD 4.28 billion is expected to grow by 2030.

Ans: The North American region dominate the Soluble Fiber Market growth in 2022.

Ans: Challenges are high cost of soluble fiber products and food safety standards related to soluble fiber.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on Major Economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Soluble Fiber Market Segmentation, By Type
8.1 Pectin
8.2 Beta-glucan
8.3 Polydextrose
8.4 Inulin
8.5 Others

9. Soluble Fiber Market Segmentation, By Source
9.1 Fruits & Vegetables
9.2 Cereals & Grains
9.3 Others

10. Soluble Fiber Market Segmentation, By Application
10.1 Animal Nutrition
10.2 Food & Beverages
10.3 Nutraceuticals & Pharmaceuticals
10.3 Others

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Soluble Fiber Market by Country
11.2.2 North America Soluble Fiber Market by Type
11.2.3 North America Soluble Fiber Market by Source
11.2.4 North America Soluble Fiber Market by Application
11.2.5 USA
11.2.5.1 USA Soluble Fiber Market by Type
11.2.5.2 USA Soluble Fiber Market by Source
11.2.5.3 USA Soluble Fiber Market by Application
11.2.6 Canada
11.2.6.1 Canada Soluble Fiber Market by Type
11.2.6.2 Canada Soluble Fiber Market by Source
11.2.6.3 Canada Soluble Fiber Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Soluble Fiber Market by Type
11.2.7.2 Mexico Soluble Fiber Market by Source
11.2.7.3 Mexico Soluble Fiber Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Soluble Fiber Market by Country
11.3.1.2 Eastern Europe Soluble Fiber Market by Type
11.3.1.3 Eastern Europe Soluble Fiber Market by Source
11.3.1.4 Eastern Europe Soluble Fiber Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Soluble Fiber Market by Type
11.3.1.5.2 Poland Soluble Fiber Market by Source
11.3.1.5.3 Poland Soluble Fiber Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Soluble Fiber Market by Type
11.3.1.6.2 Romania Soluble Fiber Market by Source
11.3.1.6.4 Romania Soluble Fiber Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Soluble Fiber Market by Type
11.3.1.7.2 Turkey Soluble Fiber Market by Source
11.3.1.7.3 Turkey Soluble Fiber Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Soluble Fiber Market by Type
11.3.1.8.2 Rest of Eastern Europe Soluble Fiber Market by Source
11.3.1.8.3 Rest of Eastern Europe Soluble Fiber Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Soluble Fiber Market by Type
11.3.2.2 Western Europe Soluble Fiber Market by Source
11.3.2.3 Western Europe Soluble Fiber Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Soluble Fiber Market by Type
11.3.2.4.2 Germany Soluble Fiber Market by Source
11.3.2.4.3 Germany Soluble Fiber Market by Application
11.3.2.5 France
11.3.2.5.1 France Soluble Fiber Market by Type
11.3.2.5.2 France Soluble Fiber Market by Source
11.3.2.5.3 France Soluble Fiber Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Soluble Fiber Market by Type
11.3.2.6.2 UK Soluble Fiber Market by Source
11.3.2.6.3 UK Soluble Fiber Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Soluble Fiber Market by Type
11.3.2.7.2 Italy Soluble Fiber Market by Source
11.3.2.7.3 Italy Soluble Fiber Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Soluble Fiber Market by Type
11.3.2.8.2 Spain Soluble Fiber Market by Source
11.3.2.8.3 Spain Soluble Fiber Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Soluble Fiber Market by Type
11.3.2.9.2 Netherlands Soluble Fiber Market by Source
11.3.2.9.3 Netherlands Soluble Fiber Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Soluble Fiber Market by Type
11.3.2.10.2 Switzerland Soluble Fiber Market by Source
11.3.2.10.3 Switzerland Soluble Fiber Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Soluble Fiber Market by Type
11.3.2.11.3 Austria Soluble Fiber Market by Source
11.3.2.11.4 Austria Soluble Fiber Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Soluble Fiber Market by Type
11.3.2.12.2 Rest of Western Europe Soluble Fiber Market by Source
11.3.2.12.3 Rest of Western Europe Soluble Fiber Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Soluble Fiber Market by Country
11.4.2 Asia-Pacific Soluble Fiber Market by Type
11.4.3 Asia-Pacific Soluble Fiber Market by Source
11.4.4 Asia-Pacific Soluble Fiber Market by Application
11.4.5 China
11.4.5.1 China Soluble Fiber Market by Type
11.4.5.2 China Soluble Fiber Market by Application
11.4.5.3 China Soluble Fiber Market by Source
11.4.6 India
11.4.6.1 India Soluble Fiber Market by Type
11.4.6.2 India Soluble Fiber Market by Source
11.4.6.3 India Soluble Fiber Market by Application
11.4.7 Japan
11.4.7.1 Japan Soluble Fiber Market by Type
11.4.7.2 Japan Soluble Fiber Market by Source
11.4.7.3 Japan Soluble Fiber Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Soluble Fiber Market by Type
11.4.8.2 South Korea Soluble Fiber Market by Source
11.4.8.3 South Korea Soluble Fiber Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Soluble Fiber Market by Type
11.4.9.2 Vietnam Soluble Fiber Market by Source
11.4.9.3 Vietnam Soluble Fiber Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Soluble Fiber Market by Type
11.4.10.2 Singapore Soluble Fiber Market by Source
11.4.10.3 Singapore Soluble Fiber Market by Application
11.4.11 Australia
11.4.11.1 Australia Soluble Fiber Market by Type
11.4.11.2 Australia Soluble Fiber Market by Source
11.4.11.3 Australia Soluble Fiber Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Soluble Fiber Market by Type
11.4.12.2 Rest of Asia-Pacific Soluble Fiber Market by Source
11.4.12.3 Rest of Asia-Pacific Soluble Fiber Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Soluble Fiber Market by Country
11.5.1.2 Middle East Soluble Fiber Market by Type
11.5.1.3 Middle East Soluble Fiber Market by Source
11.5.1.4 Middle East Soluble Fiber Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Soluble Fiber Market by Type
11.5.1.5.2 UAE Soluble Fiber Market by Source
11.5.1.5.3 UAE Soluble Fiber Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Soluble Fiber Market by Type
11.5.1.6.2 Egypt Soluble Fiber Market by Source
11.5.1.6.3 Egypt Soluble Fiber Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Soluble Fiber Market by Type
11.5.1.7.2 Saudi Arabia Soluble Fiber Market by Source
11.5.1.7.3 Saudi Arabia Soluble Fiber Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Soluble Fiber Market by Type
11.5.1.8.2 Qatar Soluble Fiber Market by Source
11.5.1.8.3 Qatar Soluble Fiber Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Soluble Fiber Market by Type
11.5.1.9.2 Rest of Middle East Soluble Fiber Market by Source
11.5.1.9.3 Rest of Middle East Soluble Fiber Market by Application
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Soluble Fiber Market by Type
11.5.2.3 Africa Soluble Fiber Market by Source
11.5.2.4 Africa Soluble Fiber Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Soluble Fiber Market by Type
11.5.2.5.2 Nigeria Soluble Fiber Market by Source
11.5.2.5.3 Nigeria Soluble Fiber Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Soluble Fiber Market by Type
11.5.2.6.2 South Africa Soluble Fiber Market by Source
11.5.2.6.3 South Africa Soluble Fiber Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Soluble Fiber Market by Type
11.5.2.7.2 Rest of Africa Soluble Fiber Market by Source
11.5.2.7.3 Rest of Africa Soluble Fiber Market by Application
11.6 Latin America
11.6.1 Latin America Soluble Fiber Market by Country
11.6.2 Latin America Soluble Fiber Market by Type
11.6.3 Latin America Soluble Fiber Market by Source
11.6.4 Latin America Soluble Fiber Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Soluble Fiber Market by Type
11.6.5.2 Brazil Soluble Fiber Market by Source
11.6.5.3 Brazil Soluble Fiber Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Soluble Fiber Market by Type
11.6.6.2 Argentina Soluble Fiber Market by Source
11.6.6.3 Argentina Soluble Fiber Market by Application
11.6.7 Colombia
11.6.7.1 Colombia Soluble Fiber Market by Type
11.6.7.2 Colombia Soluble Fiber Market by Source
11.6.7.3 Colombia Soluble Fiber Market by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Soluble Fiber Market by Type
11.6.8.2 Rest of Latin America Soluble Fiber Market by Source
11.6.8.3 Rest of Latin America Soluble Fiber Market by Application

12. Company profile
12.1 Cargill Inc.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 INGREDION
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 NEXIRA
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 ADM
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Huachang Pharmaceuticals
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Tate & Lyle plc
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Sunopta Inc.
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Danisco A/S
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Archer Daniels Midland Company
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Kerry Group
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Shandong Guangming Super Refractory Fiber Co. Ltd.
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 DuPont
12.12.1 Company Overview
12.12.2 Financials
12.12.3 Product/Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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