Soluble Fibers Market Size

Report ID: GMI2416
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Published Date: November 2023
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Report Format: PDF

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Soluble Fibers Market Size

Soluble Fibers Market size is estimated to record over 16% CAGR from 2023 to 2032. The increasing awareness of the health benefits associated with soluble fiber consumption is a major driver. Soluble fibers, found in foods like oats, legumes, and fruits, have been linked to improved digestive health, lowered cholesterol levels, and better blood sugar control. As consumers become more health-conscious and seek functional foods, the demand for products rich in soluble fiber has surged.
 

Soluble Fibers Market

In 2022, the International Food Information Council released a report highlighting prevailing dietary trends. The findings revealed that key eating patterns included clean eating at 16%, mindful eating at 14%, calorie counting at 13%, and plant-based diets at 12%. This data underscores a significant trend toward healthier dietary choices and mindful consumption, reflecting a growing awareness of nutrition and wellness among individuals.

Additionally, the rising prevalence of lifestyle-related diseases, such as diabetes and cardiovascular issues, has led to a growing emphasis on preventive healthcare. According to a study by WHO, globally, around 422 million people, predominantly in low- and middle-income countries, are affected by diabetes, resulting in 1.5 million annual deaths. The prevalence of diabetes has steadily increased over recent decades, highlighting a critical global health challenge that necessitates urgent and comprehensive strategies. Soluble fibers play a crucial role in managing and preventing these ailments by regulating blood sugar levels and reducing cholesterol. This health-centric approach has spurred the incorporation of soluble fiber into various food & beverage products, augmenting the soluble fibers market share.
 

One of the significant restraining factors is the high cost associated with incorporating soluble fibers into food products, affecting their affordability and mass adoption. Limited consumer awareness about the specific benefits of soluble fibers compared to insoluble fibers hampers market expansion. Furthermore, formulation challenges and potential adverse sensory effects in certain applications pose obstacles to the seamless integration of soluble fibers into various food and beverage offerings. Regulatory hurdles and variations in labeling standards across regions also contribute to the complexity of marketing and selling soluble fiber-enriched products.

Authors: Kiran Pulidindi, Akshay Prakash
Frequently Asked Question(FAQ) :
How big is the soluble fibres market?
The market size of soluble fibers is set to witness 16% CAGR through 2032, backed by the increasing awareness of the associated health benefits, and the rising prevalence of lifestyle-related diseases.
Why are other plant parts gaining traction as raw material in soluble fibers industry?
Who are the key players in soluble fibers landscape?
How will Asia Pacific soluble fibers market grow over the next decade?
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    Base Year: 2022

    Companies covered: 15

    Tables & Figures: 719

    Countries covered: 15

    Pages: 600

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