The Soluble
Fibers Global Market Report 2024 by The Business Research Company provides
market overview across 60+ geographies in the seven regions - Asia-Pacific,
Western Europe, Eastern Europe, North America, South America, the Middle East,
and Africa, encompassing 27 major global industries. The report presents a
comprehensive analysis over a ten-year historic period (2010-2021) and extends
its insights into a ten-year forecast period (2023-2033).
Learn More On The Soluble Fibers Market:
https://www.thebusinessresearchcompany.com/report/soluble-fibers-global-market-report
According to The Business Research Company’s Soluble Fibers Global Market
Report 2024, 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 growth in the historic period
can be attributed to health and wellness trends, rising chronic health
conditions, growing beverage industry, regulatory support and health claims,
consumer preference for natural ingredients..
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%. The growth in the forecast period can be
attributed to expansion of food applications, global dietary shifts, increased
demand for functional foods, advancements in research and development, clean
label and natural ingredients trend.. Major trends in the forecast period
include integration with funcational drinks, innovative flavors, retail expansion
and accessibility, health claims and marketing strategies..
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.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=8604&type=smp
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
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 report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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The Business Research Company
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Thursday, 25 January 2024
Soluble Fibers Market Forecast 2024-2033: Growth Rate, Drivers, And Trends
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