Home > Food & Beverages > Nutraceuticals > Soluble Fibers Market
Soluble Fibers Market size is estimated to record over 16% CAGR from 2023 to 2032. The increasing awareness of the health benefits associated with soluble fiber consumption is a major driver. Soluble fibers, found in foods like oats, legumes, and fruits, have been linked to improved digestive health, lowered cholesterol levels, and better blood sugar control. As consumers become more health-conscious and seek functional foods, the demand for products rich in soluble fiber has surged.
In 2022, the International Food Information Council released a report highlighting prevailing dietary trends. The findings revealed that key eating patterns included clean eating at 16%, mindful eating at 14%, calorie counting at 13%, and plant-based diets at 12%. This data underscores a significant trend toward healthier dietary choices and mindful consumption, reflecting a growing awareness of nutrition and wellness among individuals.
Report Attribute | Details |
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Base Year: | 2022 |
Forecast Period: | 2023-2032 |
Forecast Period 2023-2032 CAGR: | 16% |
Historical Data for: | 2018-2022 |
No. of Pages: | 600 |
Tables, Charts & Figures: | 719 |
Segments covered: | Raw Material, Product, Application and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Additionally, the rising prevalence of lifestyle-related diseases, such as diabetes and cardiovascular issues, has led to a growing emphasis on preventive healthcare. According to a study by WHO, globally, around 422 million people, predominantly in low- and middle-income countries, are affected by diabetes, resulting in 1.5 million annual deaths. The prevalence of diabetes has steadily increased over recent decades, highlighting a critical global health challenge that necessitates urgent and comprehensive strategies. Soluble fibers play a crucial role in managing and preventing these ailments by regulating blood sugar levels and reducing cholesterol. This health-centric approach has spurred the incorporation of soluble fiber into various food & beverage products, augmenting the soluble fibers market share.
One of the significant restraining factors is the high cost associated with incorporating soluble fibers into food products, affecting their affordability and mass adoption. Limited consumer awareness about the specific benefits of soluble fibers compared to insoluble fibers hampers market expansion. Furthermore, formulation challenges and potential adverse sensory effects in certain applications pose obstacles to the seamless integration of soluble fibers into various food and beverage offerings. Regulatory hurdles and variations in labeling standards across regions also contribute to the complexity of marketing and selling soluble fiber-enriched products.
The soluble fiber market, like many others, has not been immune to the impacts of the COVID-19 pandemic. Disruptions in the supply chain, lockdown measures, and economic uncertainties influenced consumer behavior. While there has been a heightened interest in health and wellness, leading to increased demand for functional foods, the market has also faced challenges such as production delays and logistic constraints.
The pandemic has underscored the importance of adaptability, emphasizing the need for the soluble fiber industry to navigate unforeseen challenges and changing consumer dynamics. Furthermore, shifts in consumer priorities and preferences during the pandemic, including a focus on immune health, have prompted the market players to adapt and innovate to meet evolving demands.
One of the prominent trends is the increasing popularity of plant-based diets. As more consumers embrace vegetarian and vegan lifestyles, the demand for plant-derived soluble fiber sources like psyllium husk, pectin, and inulin has surged. This aligns with the broader movement toward clean-label and natural ingredients, as consumers seek healthier alternatives with transparent sourcing and processing methods. As per a McKinsey & Company report in February 2023, products with ESG-related claims rose 56% over the last five years, underscoring a clear consumer preference for eco-friendly products.
Integration of soluble fibers into a diverse range of food and beverage products has been another notable trend. Manufacturers are creatively incorporating soluble fibers into items such as functional beverages, snacks, and baked goods to enhance nutritional profiles. This trend aligns with the growing consumer awareness of the health benefits associated with soluble fibers, such as improved digestive health and blood sugar regulation. A shift from traditional dietary supplements to more convenient and enjoyable ways of incorporating soluble fibers into daily diets will shape the market outlook in the coming years.
As per raw material, the other plant parts segment is anticipated to experience a growth rate of over 17% through 2032, owing to the diverse fiber profiles, along with sustainable utilization of the plants.
The soluble fibers market from beta glucan segment is expected to witness a robust growth over the forecast period, backed by the product utility in dietary supplements to promote cardiovascular health.
The animal feed application of soluble fibers market will generate notable revenue between 2023 and 2032, owing to a rise in emphasis on livestock health & nutrition and growth in animal husbandry.
Asia Pacific soluble fibers market size is set to expand at over 17% CAGR through 2032, favored by the escalating health consciousness among consumers that has spurred the demand for functional food and dietary supplements. Furthermore, the region's evolving food & beverage sector has witnessed a shift towards fortifying products with functional ingredients, responding to consumer preferences for nutritious and beneficial food options. This factor, along with proactive initiatives by manufacturers to introduce innovative soluble fiber products tailored to diverse dietary needs, continues to be pivotal in fostering the growth in the market.
DuPont has pursued a multifaceted growth strategy in the soluble fiber industry, encompassing product innovation, strategic partnerships, and acquisitions. Notably, the acquisition of Danisco bolstered its portfolio with innovative soluble fiber solutions like Litesse®. The company emphasizes customer education, and sustainability initiatives. DuPont's commitment to regulatory compliance, investments in production facilities, and targeted marketing contribute to its strong position, ensuring a competitive edge in meeting the rising demand for functional and health-oriented soluble fiber products worldwide. Other prominent soluble fibers market players include:
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The above information has been provided for the following regions and countries: