Soluble Fibers Market Ultimate Analysis by Top Players - Archer Daniels Midland Company, PMV Nutrient Products, Roquette, Nexira, Taiyo International, INGREDION

Powered by a vast section of the global populace striving for increasing wellness and good health, soluble fibers market has lately observed quite some traction. Soluble fiber, a type of dietary fiber that has long since held the interest of the healthcare fraternity and has now come to be medically proven as a viable supplement for improving myriad health conditions. A plethora of research programs have been conducted on the efficiency of these fibers to assist the human body to deal with chronic conditions such as diabetes, heart disease, high cholesterol, and the like. Despite having known the benefits of these fibers since long, their deployment in the form of dietary supplements across the pharma space has been overtly rampant since the last half a decade or so. In consequence, soluble fibers industry has come up as a highly lucrative investment destination for stakeholders. Indeed, It is indeed rather discernible that soluble fibers possess an amplitude of benefits, on account of which their inclusion in regular diet has been thought of to be extremely healthy. Endowed with the ability to maintain bowel health, aid in weight loss, lower cholesterol levels, and control blood sugar levels, soluble fibers are known to reduce the risk for heart disease, diverticular disease, constipation, and diabetes. In a study conducted by the Harvard University including more than 40,000 male health professionals, it was found that a high dietary fiber intake may be able to lower the risk of coronary heart disease by 40%. A similar study claimed these fibers to reduce the risk of diverticular disease by 40% as well. This has majorly encouraged companies to include soluble fibers in 100% dietary supplements, increasing the scope of soluble fibers market.

The Soluble Fibers Market will surpass USD 5.5 Billion by 2024; according to a new research report by Global Market Insights, Inc.

 

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Harmful effects related to the excess consumption of the product, less awareness in developing countries of Latin America and Middle East & Africa are the key restraining factors for the soluble fiber market growth in coming years. Majority of the people in these regions are not highly educated and they are not able to understand the profitability of the product. This in turn, led to the less awareness for the soluble fibers benefits will restrict the industry development in future.
Soluble fibers market has been bifurcated on the basis of raw materials, product and application. The raw material segment is further divided into cereals and grains, non-plant sources, fruits & vegetables and other plant parts. Procuring over 48% of the overall segment share by 2024, other plant parts segment including bark, wood, roots, nuts, seeds, etc. will hold sway the raw material landscape throughout the forecast spell. This is all due to the extensive usage of plant leaves, chicory roots, seeds and Jerusalem artichoke for extraction of the product.

Based on product, the industry is categorized into resistant starch, polydextrose, inulin, oligosaccharides, resistant maltodextrin, beta-glucan, and others. Collectively, oligosaccharides and beta-glucan will hold around 45% of the entire market share by the end of the forecast span. This is due to the increasing demand in pharma & functional food industry and several health benefits offered by the product such as beta-glucan decreases the saturated fat level in the human body. Considering revenue, oligosaccharides product is likely to be valued over USD 1.5 billion throughout the forecast span.
Functional food & beverages sector is profoundly one of the significant spheres where soluble fibers market penetration has been incredible. Based on revenue, the sector will likely generate around USD 565 million by 2024. Growing popularity of soluble fiber-based edibles and supplements in developing economies and this will positively influence the demand for the functional food & beverages applications.

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North America will be a key soluble fibers market and will likely gain over 16.8% CAGR in forecast spell. Increasing health concerns coupled with up-surging rate of digestive issues among the population in the U.S. will drive the regional soluble fibers market demand in coming years. In terms of revenue, Asia Pacific will generate over USD 1.2 billion by 2024 due to the significant growth of pharma sector in the developing countries.

The key industry players are Fenchem, TIC Gums, DuPont Nutrition & Health, Wacker Chemie, Fiberstar, Psyllium Labs, Archer Daniels Midland Company, PMV Nutrient Products, Roquette, Nexira, Taiyo International, INGREDION and others.

Data Tables

TABLE 1    Soluble fibers industry 360° synopsis, 2013 – 2024

TABLE 2    Global soluble fibers market (Volume & Revenue), 2013 - 2024

TABLE 3    Global soluble fibers market revenue estimates and forecasts by raw material, (Kilo Tons), 2013 – 2024

TABLE 4    Global soluble fibers market volume estimates and forecasts by raw material, (USD Million), 2013 – 2024

TABLE 5    Global soluble fibers market revenue estimates and forecasts by product, (Kilo Tons), 2013 – 2024

TABLE 6    Global soluble fibers market volume estimates and forecasts by product, (USD Million), 2013 – 2024

TABLE 7    Global inulin soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 8    Global inulin soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 9    Global oligosaccharide soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 10    Global oligosaccharide soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 11    Global FOS oligosaccharide soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 12    Global FOS oligosaccharide soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 13    Global GOS oligosaccharide soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 14    Global GOS oligosaccharide soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 15    Global other oligosaccharide soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 16    Global other oligosaccharide soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 17    Global resistant starch soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 18    Global resistant starch soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 19    Global resistant maltodextrin soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 20    Global resistant maltodextrin soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 21    Global polydextrose soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 22    Global polydextrose soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 23    Global beta-glucan soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 - 2024

TABLE 24    Global beta-glucan soluble fibers market revenue estimates and forecasts by application, (USD Million), 2013 – 2024

TABLE 25    Global other soluble fibers market volume estimates and forecasts by application, (Kilo Tons), 2013 – 2024

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