Press release
Soluble Fibers Market - Comprehensive Study on Size, Status & Key Players Archer Daniels Midland Company, DuPont Nutrition & Health, Tate & Lyle, Nexira
The global functional foods industry generated revenues above USD 250 billion in 2016 and is likely to surpass USD 400 billion by 2024, driven by a high demand in the developed parts of Western Europe and the U.S. owing to higher income levels and ability to spend on health & nutrition products. A rapidly ageing population in European countries will also increase demand for soluble fiber based functional food products in coming years as they provide benefits such as better digestion & bowel movement, and blood pressure as well as cholesterol regulation.
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Soluble Fibers Market will surpass USD 5.5 billion by 2024; according to a new research report.
High growth in the global functional food & beverages industry will be the major growth enabler for the soluble fibers market. Functional foods provide benefits beyond basic nutrition such as improving digestion, burning excess fat, etc. Proliferating demand for the nutrient-rich functional foods made from soluble fibers in the developed countries over conventional food products is a result of growing awareness in these regions.
Europe will be a major soluble fibers market which is likely to gain by more than 16.6% CAGR during forecast years. A high density of ageing population coupled with increased demand for nutritional food products will propel the regional industry development. Asia Pacific will witness the most significant growth rate among other regions owing to a higher market development potential in emerging countries.
Major soluble fiber manufacturers include Archer Daniels Midland Company, DuPont Nutrition & Health, Tate & Lyle, Nexira, INGREDION, Taiyo International, TIC Gums, Psyllium Labs, Wacker Chemie, Cargill, Roquette, Marshall Ingredients, Fiberstar, Fenchem, and PMV Nutrient Products.
Lower level of awareness in the emerging economies of Asia Pacific, Middle East & Africa, and Latin America may be a key hindrance for the soluble fibers market development. A high number of people living in these developing countries are characterized by a medium-high level of education and a prevalence of low average income. This factor has led to lower awareness about the advantages of soluble fibers and a lack of ability to spend on nutritional products which will hinder the market development during forecast years.
According to raw materials, the market has been categorized into soluble fibers derived from cereals & grains, fruits & vegetables, other plant parts, and various non-food sources. Fruits & vegetables are an important source of soluble fibers and will likely account for more than USD 400 million by 2024. Bananas, garlic, leeks, onions, etc. are widely used for extraction of product types such as inulin, oligosaccharides, pectin, etc.
Among the product types, inulin is the largest segment which is likely to hold over 30% of the global share by 2024. Inulin is extensively used in fortified foods and pharmaceutical products and their lower costs will aid the market segment growth in coming years. Resistant maltodextrins are widely used in capsules for drug stabilization. This segment is likely to generate a revenue of more than to USD 60 million by the end of the forecast years.
Based on application, the soluble fibers industry is divided into animal feed, pharmaceuticals, and functional foods & beverages. Pharmaceuticals will be an important application segment for the soluble fibers market and is likely to advance by a notable rate till 2024. Soluble fiber based supplements are becoming increasing popular in recent years. Asia Pacific and Europe will be the key regions that will drive the product demand for pharmaceutical applications.
Soluble fibers market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:
Soluble Fibers Market by Raw Material
Fruits & vegetables
Cereals & grains
Other plant parts
Non-plant sources
Soluble Fibers Market, Product by Application
Inulin
Functional foods & beverages
Animal feed
Pharmaceuticals
Oligosaccharides
Functional foods & beverages
Animal feed
Pharmaceuticals
FOS
Functional foods & beverages
Animal feed
Pharmaceuticals
GOS
Functional foods & beverages
Animal feed
Pharmaceuticals
Others
Functional foods & beverages
Animal feed
Pharmaceuticals
Resistant starch
Functional foods & beverages
Animal feed
Pharmaceuticals
Resistant maltodextrin
Functional foods & beverages
Animal feed
Pharmaceuticals
Polydextrose
Functional foods & beverages
Animal feed
Pharmaceuticals
Beta-glucan
Functional foods & beverages
Animal feed
Pharmaceuticals
Others
Functional foods & beverages
Animal feed
Pharmaceuticals
Soluble Fibers Market by Application
Functional foods & beverages
Animal feed
Pharmaceuticals
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Report Content
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Soluble fibers industry 360-degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Raw material trends
2.1.3. Product by application trends
2.1.4. Application trends
2.1.5. Regional trends
Chapter 3. Soluble Fibers Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Profit margin analysis
3.3.2. Value addition at each stage
3.3.3. Distributor channel analysis
3.3.4. Vendor matrix
3.3.4.1. List of key manufacturers
3.3.4.2. List of key/potential customers
3.4. Raw material
3.5. Technology trends
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Rising awareness about the product's health benefits in developed countries
3.6.1.2. Increasing digestive problems in the U.S.
3.6.1.3. High growth in the functional foods industry
3.6.2. Industry pitfalls & challenges
3.6.2.1. Harmful effects of over-consumption of soluble fibers
3.6.2.2. Lack of awareness in emerging economies
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Growth potential analysis
3.9. Competitive landscape
3.9.1. Strategic dashboard
3.9.2. Patent analysis
3.10. Porter's analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Industry rivalry
3.11. Regional price trends
3.11.1. Cost structure analysis
3.11.1.1. R & D cost
3.11.1.2. Manufacturing & equipment cost
3.11.1.3. Raw material cost
3.11.1.4. Distribution cost
3.11.1.5. Operating cost
3.11.1.6. Miscellaneous cost
3.11.2. Price by product
3.12. PESTEL analysis
Chapter 4. Soluble Fibers Market, By Raw Material
4.1. Global soluble fibers market share by raw material, 2016 & 2024
4.2. Fruits & vegetables
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 - 2024
4.3. Cereals & grains
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 - 2024
4.4. Other plant parts
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 - 2024
4.5. Non-plant sources
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts by region, 2013 - 2024
Chapter 5. Soluble Fibers Market, By Product By Application
5.1. Global soluble fibers market share by product by application, 2016 & 2024
5.2. Inulin
5.2.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.2.2. Market estimates and forecasts by region, 2013 - 2024
5.3. Oligosaccharides
5.3.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.3.2. Market estimates and forecasts by region, 2013 - 2024
5.3.3. FOS
5.3.3.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.3.3.2. Market estimates and forecasts by region, 2013 - 2024
5.3.4. GOS
5.3.4.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.3.4.2. Market estimates and forecasts by region, 2013 - 2024
5.3.5. Others
5.3.5.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.3.5.2. Market estimates and forecasts by region, 2013 - 2024
5.4. Resistant starch
5.4.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.4.2. Market estimates and forecasts by region, 2013 - 2024
5.5. Resistant maltodextrin
5.5.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.5.2. Market estimates and forecasts by region, 2013 - 2024
5.6. Polydextrose
5.6.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.6.2. Market estimates and forecasts by region, 2013 - 2024
5.7. Beta-glucan
5.7.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.7.2. Market estimates and forecasts by region, 2013 - 2024
5.8. Others
5.8.1. Market estimates and forecasts by application, 2013 - 2024
· Functional foods & beverages
· Animal feed
· Pharmaceuticals
5.8.2. Market estimates and forecasts by region, 2013 - 2024
Chapter 6. Soluble Fibers Market, By Application
6.1. Global soluble fibers market share by application, 2016 & 2024
6.2. Functional foods & beverages
6.2.1. Market estimates and forecasts, 2013 - 2024
6.2.2. Market estimates and forecasts by region, 2013 - 2024
6.3. Animal feed
6.3.1. Market estimates and forecasts, 2013 - 2024
6.3.2. Market estimates and forecasts by region, 2013 - 2024
6.4. Pharmaceuticals
6.4.1. Market estimates and forecasts, 2013 - 2024
6.4.2. Market estimates and forecasts by region, 2013 - 2024
Chapter 7. Soluble Fibers Market, By Region
Chapter 8. Company Profiles
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