Westford, USA, April 20, 2023 (GLOBE NEWSWIRE) — SkyQuest projects that the Soluble Dietary Fiber Market will reach a value of USD 4.99 billion by 2030, growing at a CAGR of 7.8% over forecast (2022-2030). The need for food ingredients such as soluble dietary fiber as a nutritional component of food is rapidly increasing alongside the increase in world population and well-being. To improve their lifestyle and fitness, consumers are spending more money on healthier meals. People are now more aware of the benefits of soluble dietary fiber in promoting an active lifestyle. The treatment of several diseases is effective when a diet is rich in soluble dietary fiber. Diets high in soluble fiber are beneficial for diabetics because they slow stomach emptying and prevent sudden spikes in blood sugar. By improving the release of satiety hormones and slowing digestion, soluble fiber also treats diarrhea, constipation and inflammatory bowel disease. It also helps with caloric restriction.
According to SkyQuest, resistant maltodextrin, inulin and oligofructose can help reduce the overall calorie content of foods without altering flavor or texture in addition to the satiety effects of soluble fiber. Diets and lifestyles of consumers have changed due to rapid industrialization, urbanization, economic growth and globalization, negatively impacting the health and nutritional status of people emerging countries. The increase in disease occurrences is linked to a growing health awareness.
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Dietary fiber is a term used to describe polysaccharides of plant origin, a type of indigestible carbohydrate. Enzymes released by the digestive tract do not hydrolyze these compounds. They fall into two main groups, soluble and insoluble dietary fiber, and are an essential part of a healthy, balanced diet. Soluble dietary fiber contains more water than insoluble fiber.
Leading Players in the Soluble Dietary Fiber Market
- BENEO
- lonza
- DuPont de Nemours, Inc.
- Archer Daniels Midland Company (ADM)
- bath food
- Ingredion Incorporated
- Rocket Brothers
- PURIS
- Tate & Lyle
- Emsland Group
- Cargill, Incorporated
- Kerry Inc.
- Green Laboratories LLC
- Nexira
- Top Brands
- J. RETTENMAIER & SOHNE GmbH + Co KG
- Taiyo International
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The fruit and vegetable segment is expected to increase the market Due to the increased use of fiber
The fruit and vegetable segment is expected to grow at the highest CAGR throughout the forecast period. Increased use of fruit and vegetable fiber in the treatment of digestive health, cardiovascular health, healthy blood sugar, satiety and weight management as well as being high in soluble dietary fiber such as inulin, pectin and beta-glucan in fruits and vegetables over other crops are factors responsible for the growth of the segment. Moreover, over the next few years, the market is expected to be driven by the growing need for nutritious and useful food products.
The North American region is expected to hold the largest market share for soluble dietary fiber. The large soluble dietary fiber market share in North America is attributed to a number of factors including rise in chronic diseases, consumption of functional foods, demand for nutritious and healthy products, consumer expectations in innovation in food products and the health and wellness trend.
The inulin segment is growing at the fastest rate owing to the growing availability of pharmaceuticals
The market is dominated by the inulin segment. A soluble fiber called inulin is found in many plants. Chicory roots are a common source of inulin, which is used in pharmaceuticals. Diabetes, constipation, diarrhea, and weight loss can all be treated with inulin. It is also a drug delivery tool. There are powder and capsule supplements for inulin.
Asia-Pacific dominated the soluble dietary fiber market. The growing consumption of soluble fiber throughout the Asia-Pacific region is attributed to people’s increased awareness of their health and well-being. The market in the region is expanding due to the presence of a manufacturing hub and the growing demand from the food and beverage processing sectors for soluble dietary fiber.
A comprehensive analysis of Soluble Dietary Fiber Market key players has recently been conducted in a report. The report encompasses various aspects including collaborations, mergers, innovative business policies and strategies, providing valuable insights into key trends and breakthroughs in the market. In addition, the report examines the market share of major segments and presents detailed geographical analysis. Finally, the report sheds light on the major players in the industry and their efforts to develop innovative solutions to meet the growing demand.
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Key Developments in the Soluble Dietary Fiber Market
- In April 2022, Tate & Lyle paid $237 million for Chinese prebiotics company Quantum Hi-Tech (Guangdong) Biological. With this acquisition, Tate & Lyle was able to pursue its goal of becoming a growth-oriented food and beverage solutions provider while strengthening its stake in the fast-growing soluble dietary fiber industry.
- In July 2021, Cargill, Inc. spent $45 million to add soluble fiber to its line of starches, sweeteners and texturizers for use in Europe. The company worked on the production of soluble fiber thanks to this funding, allowing food producers to improve the nutritional characteristics of their products by using fewer calories and sugars.
Key Questions Answered in the Soluble Dietary Fiber Market Report
- What specific growth drivers are expected to impact the market during the forecast period?
- Can you list the best companies in the market and explain how they reached their positions of influence?
- How do regional trends and patterns differ within the global market, and how might these differences shape future market growth?
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