According to Stratistics MRC, the Global Soluble Dietary Fibers Market is accounted for $2,384.37 million in 2020 and is expected to reach $7,096.35 million by 2028 growing at a CAGR of 14.6% during the forecast period. While the factors like surging demand for functional food and growing applications of soluble dietary fibers in pharmaceuticals and nutraceuticals are propelling the market growth. However, fluctuation in raw material prices is hampering market growth.
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By geography, the Asia Pacific holds the largest share in the market. The high expenditure of soluble dietary fibers in this region is attributed to increasing consciousness toward health and wellness. The presence of a manufacturing hub and the rising demand for soluble dietary fibers from food and beverage processing industries drive the market growth in the region.
Some of the key players profiled in the Soluble Dietary Fibers Market include ADM, Beneo GMBH, Cargill, Inc, Cosucra, E. I. Du Pont, Frutarom Industries Ltd, Grain Processing Corporation, IFF Nutrition & Biosciences, Ingredion Incorporated, Kerry Group, Nexira, Roquette Freres, Royal Cosun U.A., Sudzucker AG, SunOpta Inc, Tate and Lyle PLC, and Tereos.
Sources Covered:
• Fruits and Vegetables
• Nuts and Seeds
• Beans
• Cereals and Grains
Types Covered:
• Inulin
• Beta-Glucan
• Pectin
• Polydextrose
• Other Types
Applications Covered:
• Functional Foods & Beverages
• Animal Feed/Animal Nutrition
• Pharmaceuticals and Nutraceuticals
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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