Driven by increasing demand for functional ingredients, the global soluble fiber market size is anticipated to reach a valuation of USD 5,339.2 million by 2024, showing robust growth with soluble fiber sales expected to grow at a compound annual growth rate (CAGR) of 8.2% throughout the forecast period. By 2034, projections indicate the market could achieve a total value of USD 11,814.5 million.
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Several factors are propelling the sales of soluble fiber, including heightened consumer health awareness and the enhanced integration of soluble fiber across various applications. The rising consumption of nuts and seeds, driven by their nutritional benefits, is expected to expand the category significantly during the forecast period. The increasing adoption of organic ingredients in the production of nuts and seeds is a major contributor to this trend, particularly fostering growth in emerging markets due to their high protein content. Regulatory approvals from authorities like the Food and Drug Administration (FDA) validate health claims associated with these products, affirming that soluble fiber consumption can reduce the risk of chronic diseases such as coronary heart disease (CHD), cancer, and other serious conditions.
Today’s generation is increasingly willing to invest in healthier food choices, creating promising opportunities in the market. Dietary fibers are recognized for their benefits in weight management, heart health, immune support, satiety, and digestive health. According to Cargill, Inc., more than 56% of adults in the United States actively seek out fiber-rich foods. Despite these benefits, global dietary fiber intake remains below recommended levels, with the World Health Organization advising 25 grams per day for adult women and 38 grams per day for adult men, while the global average intake is currently less than 20 grams per day.
Key Takeaways:
- The United States is expected to hold a substantial share of the global soluble fiber market throughout the projected period. To assist the people of America to fulfil the required daily fiber consumption of 25 to 30 grams, almost all the leading food corporations and many regional and local manufacturers are adding fiber to their products.
- During the projection period, Asia Pacific soluble fiber market is predicted to hold a significant share, driven by China and Japan. Soluble fiber is created enzymatically in China from the cellulose portion of Chinese cabbage refuse.
- Owing to its use in the production of jam and jelly and its active component in reducing blood cholesterol, the “pectin” type is expected to hold the significant revenue through the forecast period.
Competitive Landscape:
To improve the brand and income, industry participants invest in a flood of focused product releases and global expansion. To boost its consumer base and reinforce its position, they are also increasing its footprint across many continents and entering new markets, particularly emerging ones. With the increase in cardiovascular diseases and growing consciousness about health throughout the world, these participants are introducing new creative products to the market. These factors are expected to boost the global soluble fiber market size considerably.
Key Players:
- Cargill Inc.
- Sunopta Inc.
- Huachang Pharmaceuticals
- Archer Daniels Midland Company
- Tate & Lyle plc
- Danisco A/S
- INGREDION
- NEXIRA
- Kerry Group
- ADM
Recent Developments in the Soluble Fiber Market
- In 2022, Cargill launched a soluble fiber with 30 percent low sugar, which improves the nutritional profile of a wide range of food applications.
- In 2023, Cargill launched a soluble corn fiber ingredient. With a least 80% fiber concentration on a dry basis, the ingredient allows for a high fiber claim in products.
- Recently, Roquette introduced NUTRIOSE soluble pea fiber in the United States to meet rising consumer demand for plant-based food ingredients.
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Key Segments Profiled in the Soluble Fiber Market Survey
By Source:
- Fruits & Vegetables
- Cereals & Grains
- Others
By Type:
- Pectin
- Beta-glucan
- Polydextrose
- Inulin
- Others
By Application:
- Animal Nutrition
- Food & Beverages
- Nutraceuticals & Pharmaceuticals
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
- Europe
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