The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increasing digestive problems are expected to drive innovation in soluble fibers manufacturing, thus driving the market during the forecast period.

The global soluble fibers market is expected to grow from $4.67 billion in 2022 to $5.21 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The soluble fibers market size is expected to reach $7.97 billion in 2027 at a CAGR of 11.1%.

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Global Soluble Fibers Market Segments Include:

• By Type: Oligosaccharides, Resistant Starch, Resistant Maltodextrin, Polydextrose, Beta-Glucan, Other Types
• By Raw Material: Fruits and Vegetables, Cereals and Grains, Non-Plant Sources, Other Plant Parts
• By Application: Functional Food and Beverage, Animal Feed, Pharmaceuticals
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global soluble fibers market in 2021.

Major Market Players in the soluble fibers market include Tate & Lyle PLC, DowDuPont, Nexira Inc., Ingredion Incorporated, Archer Daniels Midland Company, TIC Gums Inc., Taiyo International, Psyllium Labs LLC.

Product innovations are a key trend gaining popularity in the soluble fibers market. Major companies operating in the soluble fibers market are focused on developing new technological solutions to strengthen their position. For instance, in October 2021, Cargill, a US-based food corporation, launched soluble fibers. Cargill’s new soluble fibers will enable sugar reduction up to 30% as well as the calorie reduction and fiber enrichment in ice cream, as well as confectionery, bakery goods, fillings, cereals, and dairy, whilst maintaining desired appearance, taste and texture. Cargill is investing USD35m in Europe to add the soluble fibers to its current broad portfolio of starches, sweeteners and texturizers.

The Soluble Fibers Global Market Report 2023  provides a soluble fibers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The soluble fibers market forecast analyzes soluble fibers market size, soluble fibers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Soluble fibers include all dietary fiber that can dissolve in the water. Soluble fibre, when dissolved in water, generates a gel-like substance that aids digestion, modulates nutrient absorption, and regulates bowel motions.

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