Soluble Dietary Fibers Market with Trend Shows a Rapid Growth, Competitive Analysis, Future Prospects, Market Size, Share, Growth Factors, Forecast to 2028

The Insight Partners has added Latest Report on "Soluble Dietary Fibers Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Inulin, Pectin, Polydextrose, Beta-glucan, and Others), Source (Cereals and Grains, Fruits and Vegetables, and Others), and Application (Food and Beverages, Animal Nutrition, Pharmaceuticals and Nutraceuticals, and Others)," the market was valued at US$ 3,301.31 million in 2021 and is projected to reach US$ 4,546.47 million by 2028; it is expected to grow at a CAGR of 4.7% from 2021 to 2028. The report highlights key driving factors and prominent market players along with their developments in the market.

Soluble dietary fibers are defined as the fibers that display dispersibility in water to create a gel-like material. Such type of fibers is significantly sourced out from fruits and vegetables, legumes, and oats. Dietary fiber acts as a functional food product as it offers added benefits, along with several health benefits, apart from the normal expected function. Several associations such as Department of Nutrition, School of Health Sciences, and IGI Global identify the role of soluble dietary fiber as the key element in boosting the overall nutritional properties in functional foods. Also, a recent study published by Nutraceutical World in May 2021, describes the use of soluble dietary fiber with blueberry in supplementing diet, which have the potential to minimize the risk of gestational diabetes, along with significant reduction in gestational weight gain, enhanced glycemic control, and reduced inflammation in pregnant women with obesity.

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The Prominent/Emerging Players in the Soluble Dietary Fibers Market includes:

• Cargill, Incorporated
• Kerry Group
• Ingredion Incorporated
• Nexira
• Roquette Frères
• ADM
• Tate And Lyle PLC
• IFF Nutrition & Biosciences
• Beneo GMBH
• Cosucra

Soluble dietary fibers are used as an additive to foods, and they also promote the colonic health, along with bifidobacterial or lactobacillus stimulation in the gut, coronary artery health, lowers cholesterol, and glucose metabolism. Moreover, soluble dietary fibers contribute to weight management and reduce the risk of cardiovascular diseases. Water-soluble dietary fiber is considered as one of the significant forms of dietary fibers. It is composed of inulin, beta-glucan, polydextrose, pectin, fructooligosaccharides, galactooligosaccharides, and corn fiber, which helps promote the nutritional profile of the food and beverage product added.

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The ongoing COVID-19 pandemic has drastically altered the status of the food & beverages sector and negatively impacted the growth of the soluble dietary fibers market. The implementation of measures to combat the spread of the virus has aggravated the situation and affected the growth of several industrial sectors. The market has been impacted by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden closure of national and international boundaries. Disruptions in terms of sourcing of raw materials from suppliers and temporarily closures of manufacturing bases due to indefinite lockdowns and temporary quarantines have impacted the growth of the market during the pandemic. However, as much as the pandemic have affected the supply chain operations, the pandemic has generated the need for healthy living among the consumers, due to which, the consumers have shifted their attention toward nutritional food products.

This fiber is composed of soluble inulin fiber, and it helps to promote gut health, mental well-being, and immunity. Hence, with the growing trend of consumption of functional and immunity-booster products, the demand for soluble dietary fibers is expected to flourish in post-pandemic times. Further, as the economies are planning to revive their operations, the demand for soluble dietary fibers is expected to rise globally. The expanding demand for soluble dietary fibers across food & beverages, pharmaceuticals and nutraceuticals, animal feed, and other industries, along with significant investment by prominent manufacturers, is expected to drive the soluble dietary fibers market.

Based on type, the soluble dietary fibers market is segmented into inulin, pectin, polydextrose, beta-glucan, and others. By source, the market is segmented into cereals and grains, fruits and vegetables, and others. The soluble dietary fibers market, based on application, is segmented into food and beverages, animal nutrition, pharmaceuticals and nutraceuticals, and others. By geography, the soluble dietary fibers market is segmented into five main regions-North America, Europe, Asia Pacific, Middle East and Africa, and South America.

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