The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Soluble Fibers Global Market Report 2024, the soluble fibers market is expected to show significant growth in the forecast period.

• Introduction to Market Growth:
  • Rapid growth in the soluble fibers market.
  • Projected increase from $5.19 billion in 2023 to $5.79 billion in 2024.
  • Compound annual growth rate (CAGR) of 11.6%.
• Factors Driving Growth:
  • Increasing digestive problems and gastrointestinal disorders.
  • Soluble fibers aid digestion and blood sugar control.
  • Rising awareness and prevalence of digestive tract issues.
• Expected Growth:
  • Forecasted to reach $9.18 billion in 2028.
  • CAGR of 12.2%.
  • Attributed to expansion of food applications, advancements in R&D, etc.

View More On The Soluble Fibers Market Report 2024 – https://www.thebusinessresearchcompany.com/report/soluble-fibers-global-market-report

Innovative Strides Cargill’s Breakthrough Soluble Fibers Pave The Way For Enhanced Food Products

• Introduction to Trends:
  • Product innovations driving market growth.
  • Companies focus on developing new technological solutions.
• Case Example:
  • Cargill launched soluble fibers enabling sugar reduction and calorie reduction in various food products.
  • Investment in Europe to expand product portfolio.

Strategic Expansion Tate & Lyle PLC’s Acquisition Of Quantum Hi-Tech Bolsters Global Leadership In Dietary Fibers

• Strategic Acquisition:
  • Tate & Lyle PLC acquired Quantum Hi-Tech (Guangdong) Biological Co Ltd in June 2022.
  • Strengthens Tate & Lyle’s position as a global leader in dietary fibers.
  • Expands presence in China and Asia.

Market Segmentation and Regional Analysis

• Market Segmentation:
  • By Type: Oligosaccharides, Resistant Starch, Polydextrose, etc.
  • By Raw Material: Fruits and Vegetables, Cereals and Grains, Non-Plant Sources, etc.
  • By Application: Functional Food and Beverage, Animal Feed, Pharmaceuticals.
• Regional Analysis:
  • North America was the largest region in the soluble fibers market share in 2023.
  • Continued growth expected in Asia-Pacific and other regions.

Conclusion

The soluble fibers market is experiencing rapid growth driven by factors such as increasing awareness of digestive wellness and gastrointestinal disorders. Product innovations and strategic acquisitions by major companies like Cargill and Tate & Lyle are reshaping the market landscape, paving the way for enhanced food products and strengthening global leadership in dietary fibers. As the market continues to evolve, leveraging technological advancements and expanding into new regions will be crucial for sustained growth and market dominance in the soluble fibers industry.

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The Soluble Fibers Global Market Report 2024  provides an in-depth analysis on the soluble fibers market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the soluble fibers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Soluble Dietary Fibers Global Market Report 2024

Functional Foods Global Market Report 2024

Protein Inhibitors Global Market Report 2024

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