PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1416198
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1416198
Soluble Fibers Market is expected to witness a CAGR of 16% during 2023-2032 driven by a surge in demand from health-conscious consumers seeking dietary solutions.
According to an article by BusinessDIT in 2023, 64% of consumers prioritize healthfulness when choosing food and beverages, with 1 in 4 actively seeking health benefits from their dietary choices. As individuals become more conscious of their well-being, the demand for functional foods and dietary supplements containing soluble fibers is witnessing a substantial uptick. Moreover, the rising prevalence of lifestyle-related diseases such as diabetes and cardiovascular conditions is prompting consumers to adopt dietary patterns rich in soluble fibers. Additionally, advancements in food processing technologies and the development of innovative soluble fiber products are catalyzing market expansion, creating lucrative opportunities for the companies.
The overall soluble fibers market is classified based on raw material, product, application and region.
The fruits & vegetables segment is set for steady growth through the forecast period driven by the escalating demand for natural and organic soluble fiber products. With consumers gravitating towards cleaner and greener dietary choices, products derived from fruits and vegetables are gaining prominence. The inherent nutritional value, coupled with the fiber-rich content of fruits and vegetables, make them ideal raw material. Industry players are increasingly focusing on incorporating a diverse range of fruits and vegetables into their formulations, providing consumers with a wide array of options that cater to different taste preferences and dietary needs.
The resistant starch segment is anticipated to register decent growth through 2032 owing to its ability to resist digestion in the small intestine and reach the colon where it functions as a prebiotic. It provides multifaceted health benefits, including improved gut health, enhanced insulin sensitivity, and weight management. As consumers seek functional ingredients with proven health benefits, the industry players are innovating and introducing novel resistant starch formulations.
North America soluble fibers market is poised to register sustained growth through 2032 driven by a surge in consumer awareness regarding the importance of a fiber-rich diet and its positive impact on overall health. As health-consciousness becomes ingrained in the lifestyle choices of consumers, coupled with a high level of disposable income, the demand for soluble fiber products is escalating. Manufacturers and suppliers in North America are strategically investing in R&D to introduce innovative soluble fiber products, creating a dynamic landscape for market expansion in the region.