Soluble Fiber Market

Soluble Fiber Market Size, Growth, Forecast (2023-2028)

Soluble Fibers is anticipated to grow from USD 3,311.31 million in 2021 to USD 4,541.41 million by 2027. With a CAGR of 4.5% from 2022-2028.

Soluble Fiber Market Overview:

The fibers that display dispersibility in water to create a material that has a gel-like consistency are known as Soluble Fibers. They are soft and sticky and produce viscous gels in the GI tract and showcase the capability to slow down the process of passing food to the intestine from the stomach. Colonic health is promoted along with bifidobacteria or lactobacillus stimulation in the gut by soluble fibers. They also assist in the softening of the stool so that it passes out seamlessly. Soluble fibers also promote coronary artery health and also reduce cholesterol levels and glucose levels in the body. Soluble fibers are sourced from legumes, fruits and vegetables, and oats.

Soluble Fiber Market Growth:

The trend of rising incorporation of Soluble Fibers as a functional food ingredient in the diet coupled with shifting consumer lifestyle patterns are propelling the soluble fibers market forward.

Soluble Fiber Market Drivers:

Consumers are more concerned about their health now than ever. The trend of shifting patterns of consumption toward a healthy lifestyle can be observed at large. The shifting lifestyle patterns have also resulted in the growth of the Soluble fibers market.

These are functional foods possessing a lot of health benefits. They stimulate the growth of good bacteria in the gut which in turn improves immunity and is linked to anti-inflammatory effects and enhanced mood. The other health benefits include diabetes protection, improved heart health, weight loss, and healthy bowel movements. The expanding focus on health, along with rising consciousness toward health benefits derived from soluble fibers and increasing instances of chronic diseases, have motivated the manufacturers to enhance the production of nutraceutical and pharmaceutical products based upon soluble fibers, which is further expected to propel the demand for these in the global market growth. Additionally, the expanding base of application of soluble fibers across various industries such as pharmaceutical, animal feed, and nutraceuticals are supposed to provide impetus to the Soluble fiber market share worldwide.

Soluble Fiber Market Restraints:

The growth of the soluble fiber market is expected to be impeded by the irregularity of worldwide regulations and the rise in the research and development costs that are involved in the process. It is also expected to be further hindered by international and domestic food safety standards. The raw material sourcing from the suppliers was disrupted as well and the temporary closures of manufacturing bases had impeded the growth of the global soluble fiber market in this phase.

REPORT COVERAGE:

Recent Developments in the Soluble Fiber Market:

Nexira launched BAOBAB ACACIA recently. This product has proven prebiotic effects that contribute to overall well-being and enhanced digestive health.

Soluble Fiber Market Segmentation: 

By Type:

• Inulin 

• Pectin

• Polydextrose

• Beta-glucan

• Others

Based on type, the Soluble Fibers market is categorized into Inulin, Pectin, Polydextrose, Beta-glucan, and others. The inulin segment was the dominating segment in 2021. Inulin is a soluble fiber which is obtained from many plants. Various types of fruits, vegetables, and herbs, including leeks, artichokes, chicory roots, wheat, onions, garlic, bananas,  and asparagus, are used to extract inulin. Inulin is commonly obtained from chicory roots for medicinal use.  Inulin is used for constipation, diarrhoea, weight loss, and diabetes. It also acts as a tool for therapeutic drug delivery. Supplements of Inulin are available in capsule and powder forms. Inulin is added to processed products by food manufacturers since it boosts the prebiotic content of foods, replaces fat and sugar in foods, and improves the health benefits of foods as it is beneficial for gut health. Inulin improves taste and texture. At high concentrations, inulin can alter the texture profile of products because of its physicochemical significance. Beta-glucan is the second most popular category and is gaining traction in this segment.

 By Application:

• Food and Beverages

• Animal Nutrition

• Pharmaceuticals and Nutraceuticals

• Others

The Soluble Fibers market, based on application, is segmented into Food and Beverages, Animal Nutrition, Pharmaceuticals and Nutraceuticals, and Others. The Food and Beverages segment dominated the market in 2021. Various types of soluble dietary fibers are used in the food & beverages industry. They are used as an ingredient in many industries like dairy and bakery. These fibers find their application in the manufacture of protein bars, cereal bars, ice cream, desserts, beverages, confectionery, soft drinks, bread, and cereal-based products. Soluble dietary fibers such as inulin, and dextrin, polydextrose and pectin are used to replace fat and sugar in foods. Moreover, these fibers are used in food to enhance taste and texture while also providing many health benefits.

By Source:

• Cereals and Grains

• Fruits and Vegetables

• Others

Based on the source, the Soluble Fibers market is bifurcated into Cereals and Grains, Fruits and Vegetables, and Others. The cereals and grains segment was the dominant segment in 2021. Different types of cereals and grains such as rye, wheat, barley, oat, and corn, are used as a source to produce soluble fibers. Wheat bran which is the outer layer of the whole wheat grain is an excellent source of prebiotics. Wheat bran is helpful to reduce digestive problems such as cramping and abdominal pain. Oats consist of a high amount of soluble fibers. They contain beta-glucan, which helps to control blood sugar levels. Barley is another cereal crop with a very high amount of dietary fibers, particularly the soluble fiber portion.

Soluble Fiber Market Regional Analysis: 

• North America

North America is the leading market for soluble fibers globally. The United States is the major sponsor of the soluble dietary fiber market followed by Canada owing to the increasing health consciousness amongst the consumers along with the increasing demand for functional food amongst the consumers in American countries.

• Asia Pacific

Asia Pacific is anticipated to grow at the highest CAGR during the forecast period of 2022 - 2027. China is expected to be the dominant market for soluble fiber in the Asia Pacific region followed by Japan. The rising awareness among the consumer for a healthy lifestyle through various government educational campaigns that have led the consumer to get motivated toward healthy eating habits which are propelling the growth of soluble fiber across the region. The soluble fibers market share is further boosted in this region by the rising number of the aged population who are looking for healthy alternatives in order to control and prevent diseases.

• Latin America

• Europe

• The Middle East and Africa

Soluble Fiber Market Key Players:

1. Cargill, Incorporated 

2. Kerry Group

3. Ingredion Incorporated

4. Nexira 

5. Roquette Frères 

6. ADM

7. Tate And Lyle PLC

8. IFF Nutrition & Biosciences

9. Beneo GMBH

10. Cosucra