Soluble Fibers industry analysis research and trends report 2024

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Soluble Fibers industry analysis research and
trends report 2024 Global Market Insights Inc.
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Key Insights from Soluble Fibers Market

• Soluble Fibers Market size will surpass USD 5.5
  billion by 2024
• High growth in the global functional food
  beverages industry will be the major growth
  enabler for the soluble fibers market. Functional
  foods provide benefits beyond basic nutrition
  such as improving digestion, burning excess fat,
  etc. Proliferating demand for the nutrient-rich
  functional foods made from soluble fibers in the
  developed countries over conventional food
  products is a result of growing awareness in
  these regions.
• The global functional foods industry generated
  revenues above USD 250 billion in 2016 and is
  likely to surpass USD 400 billion by 2024, driven
  by a high demand in the developed parts of
  Western Europe and the U.S. owing to higher
  income levels and ability to spend on health
  nutrition products.
• Lower level of awareness in the emerging
  economies of Asia Pacific, Middle East Africa,
  and Latin America may be a key hindrance for the
  soluble fibers market development.
• Lower level of awareness in the emerging
  economies of Asia Pacific, Middle East Africa,
  and Latin America may be a key hindrance for the
  soluble fibers market development. 

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Continued...

• Fruits vegetables are an important source of
  soluble fibers and will likely account for more
  than USD 400 million by 2024. Bananas, garlic,
  leeks, onions, etc. are widely used for
  extraction of product types such as inulin,
  oligosaccharides, pectin, etc.
• Among the product types, inulin is the largest
  segment which is likely to hold over 30 of the
  global share by 2024. Inulin is extensively used
  in fortified foods and pharmaceutical products
  and their lower costs will aid the market segment
  growth in coming years.
• Major soluble fiber manufacturers include Archer
  Daniels Midland Company, DuPont Nutrition
  Health, Tate Lyle, Nexira, INGREDION, Taiyo
  International, TIC Gums, Psyllium Labs, Wacker
  Chemie, Cargill, Roquette, Marshall Ingredients,
  Fiberstar, Fenchem, and PMV Nutrient Products.

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Germany Soluble Fibers Market Size, by
Application, 2013 2024 (USD Million)

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