Global Soluble Dietary Fiber Market, By Source (Fruits & Vegetables, Nuts & Seeds, Cereals & Grains), Type (Inulin, Pectin, Polydextrose, Beta-Glucan, Others), Application (Functional Food & Beverages, Animal Feed, Pharmaceuticals, Other) – Industry Trends and Forecast to 2029
Market Analysis and Size
The soluble dietary fibres market is growing in tandem with advancements in the food and nutrition sectors. The growing inclination of the general public to live healthier lifestyles has played an important role in market growth. The efforts of nutritionists and doctors to raise awareness about the importance of eating a well-balanced diet have resulted in an increase in demand for health foods.
Data Bridge Market Research analyses that the soluble dietary fiber market which was growing at a value of 3.30 billion in 2021 and is expected to reach the value of USD 6.82 billion by 2029, at a CAGR of 9.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Source (Fruits & Vegetables, Nuts & Seeds, Cereals & Grains), Type (Inulin, Pectin, Polydextrose, Beta-Glucan, Others), Application (Functional Food & Beverages, Animal Feed, Pharmaceuticals, Other)
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
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 S.A. (Switzerland), Eden Foods (U.S), SunOpta (Canada)
Soluble dietary fibres are defined as fibres that disperse in water to form a gel-like material. These fibres form viscous gels in the gastrointestinal tract and have the ability to slow the passage of food from the stomach to the intestine. Fibers of this type are abundant in fruits and vegetables, legumes, and oats.
Soluble Dietary Fiber Market Dynamics
- Diverse range of fortified food products and rising consumer spending on food and nutrition
Whole grains and high-fibre food manufacturers are constantly developing and introducing on-the-go items to address this issue. In addition, several whole grains and high fibre food producers have set production goals for the coming years in order to increase their market share in the stronger products category in response to customer demand for food with high nutritional attributes. Furthermore, extensive research and development (R&D) is being carried out to use waste products, such as peanut skins and hulls, as raw materials to improve the overall efficiency of dietary fibres. Other factors, such as the availability of a diverse range of fortified food products and rising consumer spending on food and nutrition, are expected to fuel the market even further.
- Shift from traditional food consumption patterns to health-driven choices
The global dietary fibre market is expected to grow due to significant changes in people's food consumption habits. Over the last decade, there has been a paradigm shift from traditional food consumption patterns to health-driven choices made by the general public. This trend has been mirrored in the global soluble dietary fiber market, which is experiencing high demand from a variety of population demographics. The high nutritional value of soluble dietary fiber has played an important role in gaining consumer trust, and the sapid taste of these foods has increased their popularity.
The growing intensity of promotional activities, as well as the availability of products with improved tastes and flavours, all have an impact on the soluble dietary fiber market. Furthermore, rapid urbanisation, population growth, the availability of a wide range of products with multiple options such as authenticity, awareness of chronic diseases, an increase in health consciousness, and an increase in disposable income all benefit the soluble dietary fiber market.
High R&D costs combined with the manufacturing of soluble dietary fibres, as well as the unpredictability of universal guidelines and the long turnaround time for approval from regional regulatory bodies, will be major restraints on market growth during the forecast period.
This soluble dietary fiber market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the soluble dietary fiber market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Soluble Dietary Fiber Market
The outbreak of the COVID 19 pandemic in 2020 and the subsequent imposition of lockdowns to contain disease spread temporarily impacted the trade scenario of fruits and vegetables from which fibre is derived. Furthermore, due to increased awareness of the link between a healthy gut microbiome and immune function, metabolic wellness, digestive health, and mental well-being, health-conscious consumers took proactive and preventive measures to protect their health during the pandemic.
- Tate & Lyle paid USD 237 million for Quantum Hi-Tech (Guangdong) Biological, a prebiotic manufacturer based in China, in April 2022. Tate & Lyle's goal of becoming a growth-focused food and beverage solutions company while strengthening its position as a player in the rapidly expanding global dietary fibre market was aligned with the acquisition.
- Cargill, Incorporated will invest USD 45 million in July 2021 to add soluble fibres to its European portfolio of starches, sweeteners, and texturizers. With this investment, the company has been developing soluble fibre, allowing food manufacturers to improve the nutritional profiles of their products by using fewer calories and sugars.
- Ingredion will launch Novelose 3490 dietary fibre with Low FODMAP certification in June 2020. The new product allows food manufacturers to create high-fiber bakery and snack products and food processors to create low FODMAP diets.
Global Soluble Dietary Fiber Market Scope
The soluble dietary fiber market is segmented on the basis of type, application and source. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Functional Food & Beverages
- Animal Feed
- Fruits & Vegetables
- Cereals and Grains
Soluble Dietary Fiber Market Regional Analysis/Insights
The soluble dietary fiber market is analysed and market size insights and trends are provided by country, type, application, source and processing treatment as referenced above.
The countries covered in the soluble dietary fiber market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the global soluble dietary fiber market due to technological advancements in this region making dietary fibres available for a wide range of applications. This region is expected to be the largest market for dietary fibres, as it is for novel and superior performing products and global industrialization.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Soluble Dietary Fiber Market Share Analysis
The soluble dietary fiber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to soluble dietary fiber market.
Some of the major players operating in the soluble dietary fibre in market are:
- 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)