The global soluble fiber market is expected to witness significant growth over the forecast period. Soluble fiber is soft and sticky and absorbs water to form a gel-like substance inside the digestive system. Top sources include beans, peas, oats, barley, fruits, and avocados. Soluble fiber helps soften stool so it can slide through the GI tract more easily. It also binds to substances like cholesterol and sugar, preventing or slowing their absorption into the blood. That's why it's known to help regulate blood sugar levels and protect against heart disease by lowering blood cholesterol. soluble fiber boosts the population of good bacteria in the gut, which is linked to improved immunity, anti-inflammatory effects, and even enhanced mood.
The health benefits include heart protection, diabetes protection, weight loss, and healthy bowel movements. The global soluble fiber market is segmented on the basis of type, source, application, and region. On the basis of type, the global market is classified into insulin, polydextrose, pectin, beta-glucan, and others.
The beta-glucan segment is expected to account for the largest market share during the forecast period, which is then followed by polydextrose. Increasing usage of beta-glucan in functional food is projected to support the segment growth during the forecast period. Furthermore, pectin is also expected to account for sustainable growth in the forecast period. Pectin enables to control the sugar level in the body, thus increasing usage of pectin by the manufacturers who seek to offer products that can control diabetes in the human body is expected to support the segment growth over the forecast period.
On the basis of source, the global market is classified into oats, barley, chia seeds, legumes, and others. Oats and barley segment accounted for major market share in terms of volume. This is due to the easy availability of raw material at low cost is projected to support this segment's growth over the forecast period.
On the basis of application, the global soluble fiber market is classified into functional food, feed industries, and the pharmaceutical industry. The functional food segment is anticipated to account for the major market share of soluble fiber which is then followed by the pharmaceutical industry. This is due to rising awareness among the consumer for food products with health benefits.
The functional food segment is expected to grow at the highest CAGR during the forecast period of 2014 to 2025. Still, the increased intervention of feed industry, as the consumer around the globe is looking forward to good quality of edible food products for farm animals is also expected to support the demand of soluble dietary fiber through the feed industry. Geographically, the global market is segmented into North America, Latin America, Europe, Asia Pacific & Japan, The Middle East, and Africa.
North America is expected to be the largest region in terms of market share insoluble dietary fiber market which is then followed by Europe. The United States is the major sponsor soluble dietary fiber market followed by Canada. This is due to increasing health consciousness coupled with the increasing demand for functional food among people in American countries. Europe is the second-largest region with a maximum market share of soluble fiber. In European countries such as Germany accounts for the largest market share followed by England.
Asia Pacific is expected to grow at the highest CAGR during the forecast period of 2014 to 2025. In the Asia Pacific region, China is expected to be the most dominant market for soluble fiber which is then followed by Japan. This is due to rising awareness among the consumer for a healthy lifestyle through various government educational campaigns that have led the consumer to get motivated towards healthy eating habits which is fueling the growth of soluble fiber across the region in the forecast period.
Besides, the rising number of aging population are looking for healthy alternatives in order to prevent and control diseases which is further expected to fuel the growth of soluble fiber across the Asia Pacific region. The key players of the global soluble fiber market are Tate & Lyle, Huachang Pharmaceuticals, Danisco A/S, NEXIRA, INGREDION, Sunopta Inc., and Archer Daniels Midland Company.
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