Global Soluble Fiber Market is valued at approximately USD 4.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.24 % over the forecast period 2022-2028. Soluble Fibers are sticky, soft and absorb water to form a gel-like consistency within the digestive system. It is found in grains & cereals, fruits and vegetables etc. The increasing geriatric population has led to the adoption of Soluble Fiber across the forecast period. For Instance: According to The World Bank in 2020, The global geriatric population ages 65 and above is increasing worldwide. As per the same source, in 2020 approximately 9.321 % population ages 65 and above. Rising cases of cardiovascular diseases enhance the growth of Soluble Fiber Market. Also, with the increasing public awareness towards health, the adoption & demand for Soluble Fiber is likely to increase the market growth during the forecast period. However, threat of substitutes impedes the growth of the market over the forecast period of 2022-2028.
The geographical regions considered for the Global Soluble Fiber Market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is projected as the significant region across the globe in terms of huge market share due to the growing geriatric population and increasing demand for functional food. Whereas, Asia-Pacific is also estimated to attain a maximum growth rate during 2022-2028. Factors such as rising disposable income, increasing awareness towards healthy food intake would create beneficial growth forecasts for the Soluble Fiber Market across Asia-Pacific region.
Major market players included in this report are:
Roquette Freres
Danisco A/S
SunOpta Inc.
NEXIRA
Cargill
Wacker Chemie AG
Psyllium Labs LLC
INGREDION
Archer Daniels Midland Company
Huachang Pharmaceuticals,
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Fruits and Vegetables
Cereals and Grains
Others
By Type:
Pectin
Beta-glucan
Polydextrose
Inulin
Others
By Application:
Animal Nutrition
Food and Beverages
Nutraceuticals & Pharmaceuticals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Soluble Fiber Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors