Market Research Report
Soluble fibres attract water and converts into gel during digestion, thereby slowing the digestion process. Soluble fibres are found in oat bran, barley, nuts, seeds, beans, lentils, peas, and some fruits and vegetables. They are also found in psyllium, a common fibre supplement. Some types of soluble fibre may help lower risk of heart disease. Top sources of soluble dietary fibre include beans, peas, oats, barley, fruits, and avocados. soluble fibre boosts the population of beneficial bacteria in the gut, which is linked to improved immunity, anti-inflammatory effects and enhances mood.
The global soluble dietary fibre has gained sustainable growth owing to increasing instances of constipation and other digestive diseases. The growth of the market can be attributed to the growth of convenience food sector. The factors such as growing health consciousness among consumers and awareness about health benefits of soluble dietary fibres, rise in incidence of chronic diseases and increasing demand from pharma, food, and feed manufactures to incorporate soluble dietary fibres into their products, are driving the soluble dietary fibre market. The major factor restraining the growth of soluble dietary fibre market is the harmful effects associated with the over-consumption of soluble dietary fibres.
The report analyses the soluble dietary fibre market by type into insulin, polydextrose, pectin and beta- glucane. The insulin segment is estimated to account for the largest market share in the forecast period. In the future, the insulin production is predicted to boost, as it is extensively used as a flavour enhancer in food products. To meet the needs of the customers, manufacturers offer better-quality functionalities or performances, which acts as a significant driver for the growth of the insulin segment. The insulin segment is expected to grow at the highest rate during the forecast period, owing to multiple benefits offered such as weight loss, constipation, and food additive to improve taste.
Based on source, the global soluble dietary fibre market is categorized into fruits & vegetables, cereals & grains and nuts & seeds. Among these, fruits & vegetables accounted for major market share, as they are an important source of soluble fibres. Moreover, this segment is followed by cereals & grains, which accounted for the second-largest share in the dietary fibre market in 2017. The availability of cereals & grains as raw materials for producing dietary fibre is high as compared to other sources such as legumes, and the high yield of dietary fibre from cereals & grains such as wheat, rice, oat bran, and corn contributed to its largest market share in the dietary fibre market.
By application soluble dietary fibre market is bifurcated on basis of applications into foods & beverages, pharmaceuticals and animal feed. Functional food & beverages segment is anticipated to account for the major market share of soluble fibre which is followed by pharmaceutical industry during the forecast period. Due to growing application of soluble dietary fibres to obtain varied functional properties in food products such as confectioneries, beverages, and processed foods.
By geography soluble dietary fibre market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America comprises United States, Canada and Mexico whereas Europe would primarily cover Germany, France, UK, Italy and Rest of Europe. The key countries included under Asia Pacific are China, Japan, India, Australia, and Rest of Asia Pacific. In Middle East & Africa, South Africa and Rest of MEA are the key countries covered in the report. North America is expected to be the largest region in terms of market share in soluble dietary fibre market which is followed by Europe. Asia Pacific is expected to grow at highest CAGR during the forecast period. China is expected to be the most dominant market for soluble fibre, followed by Japan owing to the increasing awareness about the health benefits of soluble dietary fibres.
Some of the key participants in the insoluble dietary fibre market are AdvoCare International, L.P. (U.S.), Archer Daniels Midland Company, Barndad Nutrition ((U.S.), Cargill, Inc, E. I. DuPont de Nemours and Company, Grain Processing Corporation (U.S.), Ingredion Incorporated, Interfiber (Poland), J. Rettenmaier & Söhne GmbH Co KG (Germany), Roquette Frères (France), Solvaira Specialties (U.S.), Sunopta Inc, Tate & Lyle PLC, Unipektin Ingredients AG (Switzerland). Cargill Inc, DuPont, Anchor Daniels Midland Company, Ingredion Incorporated and Roquette Frere are among the top companies in insoluble dietary fibre market that accounted for the major market share in 2017. These companies have substantial presence in the market due to their strong clientele in the food industry and brand image new product launches and endorsements are the key growth strategies adopted by major players to reinforce their positions in the international market.
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