The Global Soluble Dietary Fibers Market is experiencing growth, fueled by advancements in the food and nutrition sectors. As the general public shows a growing preference for healthier lifestyles, the demand for healthy foods has increased. Nutritionists and doctors have played a significant role in this trend by raising awareness about the importance of consuming a well-balanced diet. The emphasis on the health benefits of soluble dietary fibers has led to their higher adoption in various food products, driving market expansion and catering to the evolving consumer preferences for nutritious choices.
According to Data Bridge Market Research, the global soluble dietary fiber market is expected to grow at a value of USD 3.30 billion in 2021 and is expected to reach a value of USD 6.82 billion by 2029, at a CAGR of 9.50% during the forecast period of 2022-2029
" Demand for functional foods surge market demand"
The increasing demand for functional foods and beverages that provide health benefits has been a significant driver for the global soluble dietary fiber market. Consumers are seeking products that promote improved digestion, weight management, and overall well-being. Soluble dietary fiber, known for its positive impact on health, is incorporated into a wide range of functional food and beverage products, catering to health-conscious consumers. This trend has fueled the market's growth as more individuals recognize the importance of soluble fiber in supporting their dietary needs and maintaining a healthy lifestyle.
What restraints the growth of the global soluble dietary fiber market?
" Cost of soluble dietary fiber products can impede the market growth”
The cost of certain soluble dietary fiber-enriched products can be higher due to factors such as sourcing, processing, and formulation complexities. These elevated prices may deter price-sensitive consumers from incorporating these products into their diets, choosing more economical alternatives. While the health benefits of soluble dietary fiber are widely recognized, affordability remains a significant concern for widespread adoption. Manufacturers and the food industry must work towards finding cost-effective solutions to make soluble dietary fiber products more accessible and appealing to a broader consumer base.
Segmentation: Global Soluble Dietary Fiber Market
The global soluble dietary fiber market is segmented on the basis of type, application, and source.
- On the basis of source, the soluble dietary fiber market is segmented into fruits and vegetables, nuts and seeds, cereals and grains
- On the basis of type, the soluble dietary fiber market is segmented into inulin, pectin, polydextrose, beta-glucan, and others
- On the basis of application , the soluble dietary fiber market is segmented into functional food and beverages, animal feed, pharmaceuticals, and other.
Regional Insights: North America dominates the Global Soluble Dietary Fiber Market
North America's dominance in the global soluble dietary fiber market can be attributed to its technological advancements, which have facilitated the availability of dietary fibers for various applications. With a focus on research and innovation, North America leads in developing novel and superior-performing dietary fiber products. The region's well-established industrial infrastructure and widespread adoption of dietary fiber-rich products contribute to its position as the largest market for dietary fibers. Furthermore, the trend of global industrialization has boosted the demand for dietary fibers, further solidifying North America's leadership in the market.
To know more about the study, visit, https://www.databridgemarketresearch.com/ko/reports/global-soluble-dietary-fibers-market
Recent Developments in Global Soluble Dietary Fiber Market
- In 2022, Tate & Lyle paid USD 237 million to the Chinese prebiotic manufacturer Quantum Hi-Tech (Guangdong) Biological. With the acquisition, Tate & Lyle was able to advance its objective of developing into a growth-focused provider of food and beverage solutions while fortifying its participation in the rapidly growing global dietary fiber market.
- In 2021, Cargill, Inc. will spend USD 45 million to add soluble fibers to its lineup of starches, sweeteners, and texturizers for use in Europe. The company has been working on developing soluble fiber with this investment, enabling food producers to enhance the nutritional profiles of their products by using fewer calories and sugars.
- In 2020, Ingredion will introduce Novelose 3490, a dietary fiber with Low FODMAP certification. With the help of the new product, food producers can now produce high-fiber baked goods and snacks, as well as low-FODMAP diets.
The Prominent Key Players Operating in the Global Soluble Dietary Fiber Market Include:
- Hain Celestial (U.S.)
- Dole Food Company, Inc. (U.S.)
- Dairy Farmers of America, Inc. (U.S.)
- General Mills Inc. (U.S.)
- Danone S.A (France)
- United Natural Foods, Inc. (U.S.)
- GCMMF (India)
- THE HERSHEY COMPANY (U.S.)
- Amy’s Kitchen, Inc. (U.S.)
- Organic Valley (U.S.)
- Conagra Brands, Inc. (U.S.)
- Nestlé SA (Switzerland)
- Eden Foods (U.S.)
- SunOpta (Canada)
Above are the key players covered in the report, to know about more and exhaustive list of global soluble dietary fiber market companies contact, https://www.databridgemarketresearch.com/ko/contact
Research Methodology: Global Soluble Dietary Fiber Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by dbmr research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
