The soluble corn fiber market is projected to reach USD 574.0 million in 2024 and is anticipated to grow to USD 915.8 million by 2034, with a forecasted CAGR of 4.8%.
Soluble corn fibres are healthy fibres that are used as ingredients in a large number of food items and beverages. It falls under the category of functional fibre or prebiotic ingredient. An emerging market for prebiotics translates into a potential market for soluble corn fibre ingredients.
Soluble corn fibre can be easily incorporated in confectionery items, bakery products, sauces, cereal bars, chocolate bars, cold beverages and soups. These fibres are generally added in food or beverages to boost their fibre content without sacrificing taste or texture.
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Soluble corn fibre fortified foods in routine dietary intake are beneficial in preventing risks of coronary heart disease, prediabetes, stroke, hypertension, obesity, type 2 diabetes and certain gastrointestinal disorders among others. The use of soluble corn fibre products is significant in producing fortified foods.
In addition, its application develops low viscosity in beverages, much required by the manufacturers. These fibres are potentially substituting insulin in a range of bakery applications due to its positive health attributes and process stability (heat, pH, etc.).
With the rise in disposable income and a shift towards leading a healthy life, the industry has felt an augmented demand for soluble corn fibres. In addition, advancement in food technologies to produce label-friendly products happens to be a major supply side driver of this market.
Competitive Landscape
The soluble corn fiber market is dominated by key players including Archer Daniels Midland Company, General Mills, Tate & Lyle, Roquette Freres, Batory Foods, among others. These companies are actively investing in research and development to expand their market share by developing new soluble corn fiber formulations that cater to consumer preferences such as clean labels, reduced sugar content, and enhanced digestive health benefits.
Additionally, these companies engage in marketing and educational initiatives to increase awareness about the advantages and versatility of soluble corn fiber. Collaborations with industry partners further establish soluble corn fiber as a favored ingredient across various products, thereby fostering market expansion and consolidating their leadership roles within the industry.
Recent Developments
- Cargill introduced a new soluble corn fiber on 3rd March 2023, supporting sugar reductions of 30% or more. This ingredient, labeled as soluble corn fiber, provided nutritional benefits, digestive tolerance, and functional attributes, including enhancing bulk and mouthfeel in reduced-sugar applications, especially in indulgent categories like bakery.
- As of March 16, 2022, Tate & Lyle delved into the potential of prebiotic soluble corn fiber for cognitive health, metabolic health, and immunity. The exploration aimed to understand its impact on the gut microbiome.
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Key Companies in the Market
- Archer Daniels Midland Company
- General Mills
- Tate & Lyle
- Roquette Freres
- Batory Foods
- Baolingbao Biology Co, Ltd
- Ingredion Incorporated
- Cargill
- Muby Chemicals
- Jianlong Biotechnology Co. Ltd
Market Segmentation
By Product Type:
- Food
- Bakery
- Breakfast Cereals & Snacks
- Confectionery
- Dairy
- Meat Products
- Infant food
- Beverages
- Pharmaceutical
- Animal Nutrition
- Swine
- Ruminants
- Poultry
- Pet
- Personal care & cosmetics
- Textile
- Others (Medical, Automotive)
By Form:
- Liquid
- Powder
By End-Use Industry:
- Food and Beverages
- Bakery
- Food Processing
- Nutraceuticals
- Dairy
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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