According to this latest publication from Meticulous Research®, the global soluble dietary fibers market is expected to grow at a CAGR of 7.8% from 2022 to 2029 to reach $4.99 billion by 2029. The growth of this market is attributed to the growing health consciousness and awareness about the health benefits of soluble dietary fibers among consumers, the rising incidences of chronic diseases, the increasing demand from pharma, food, and feed manufacturers to incorporate soluble dietary fibers into their products, and the increasing role of government to promote healthy food across the globe. Furthermore, emerging applications of soluble dietary fibers and emerging markets such as Southeast Asia, Latin America, and the Middle East & Africa are expected to create lucrative opportunities for players operating in this market. However, the lengthy and costly regulatory approval process and high cost of manufacturing technology are expected to hinder the growth of this market.
The global soluble dietary fibers market is segmented by source (fruit & vegetables, cereals & grains, nuts & seeds, and others), type (inulin, pectin, beta-glucan, polydextrose, maltodextrin, oligofructose, arabinoxylan-oligosaccharides, and others), and application (functional foods & beverages, pharmaceuticals, animal feed, and others) and geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.
