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Soluble Fibers Global Market Size, Share, Emerging Trends, Key Growth, Challenges and Forecast By 2033 | DowDuPont, Nexira Biotech Inc., TIC Gums Inc., Kerry Group PLC, The Green Labs LLC
Soluble Fibers Market
As per the report, the soluble fibers market size has grown rapidly in recent years. It will grow from $5.19 billion in 2023 to $5.79 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The soluble fibers market size is expected to see rapid growth in the next few years. It will grow to $9.18 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%.
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Digestive Wellness Drive Rising Soluble Fibers Market Tackles Gastrointestinal Disorders
The increasing digestive problems are expected to propel the soluble fibers market going forward. Digestive issues are gastrointestinal disorders that affect the digestive tract, often known as the gastrointestinal (GI) tract. Digestive tract problem symptoms include bleeding, bloating, constipation or diarrhea, and heartburn. Soluble fiber aids digestion and blood sugar control by softening stool and preventing constipation. For instance, in September 2022, according to a new survey released by the American Gastroenterological Association, a US-based medical organization of gastroenterologists that has over 16,000 scientists and physicians as members, nearly 40% of Americans have discontinued ordinary activities in the recent year owing to unpleasant gastrointestinal symptoms. Therefore, the increasing digestive problems will drive the growth of the soluble fibers market.
Innovative Strides Cargill's Breakthrough Soluble Fibers Pave The Way For Enhanced Food Products
Product innovations are a key trend gaining popularity in the soluble fibers market. Major companies operating in the soluble fibers market are focused on developing new technological solutions to strengthen their position. For instance, in October 2021, Cargill, a US-based food corporation, launched soluble fibers. Cargill's new soluble fibers will enable sugar reduction up to 30% as well as the calorie reduction and fiber enrichment in ice cream, as well as confectionery, bakery goods, fillings, cereals, and dairy, whilst maintaining desired appearance, taste and texture. Cargill is investing USD35m in Europe to add the soluble fibers to its current broad portfolio of starches, sweeteners and texturizers.
The soluble fibers market covered in this report is segmented -
1) By Type: Oligosaccharides, Resistant Starch, Resistant Maltodextrin, Polydextrose, Beta-Glucan, Other Types
2) By Raw Material: Fruits and Vegetables, Cereals and Grains, Non-Plant Sources, Other Plant Parts
3) By Application: Functional Food and Beverage, Animal Feed, Pharmaceuticals
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Major companies operating in the soluble fibers market report are Tate & Lyle PLC, DowDuPont, Nexira Biotech Inc., Ingredion Incorporated, Archer Daniels Midland Company, TIC Gums Inc., Taiyo International, Psyllium Labs LLC, Wacker Chemie AG, Cargill Incorporation, Fiberstar Inc., Marshall Ingredients, PMV Nutrient Products Pvt. Ltd., Fenchem, Tereos S.A., Roquette Freres, Kerry Group Plc, The Green Labs LLC, Lonza Group AG, Cosucra Groupe Warcoing SA, Grain Processing Corporation, Matsutani Chemical Industry Co. Ltd., ADM WILD Europe GmbH & Co. KG, Sensus BV, DSM, Beneo, Incorporated Foodstuffs Pvt. Ltd., Glanbia Plc, Hergestellt GmbH, FiberPro Inc.
Contents of the report:
1. Executive Summary
2. Soluble Fibers Market Report Structure
3. Soluble Fibers Market Trends And Strategies
4. Soluble Fibers Market - Macro Economic Scenario
5. Soluble Fibers Market Size And Growth
…..
27. Soluble Fibers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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