Increasing manufacturing of nutraceutical products such as dietary fiber and probiotics, demand for soluble fiber is expected to remain significant in nutraceutical industry. Capitalizing on the increasing needs of end-users, food scientists and technologists are developing fiber-rich bakery products to support with their health and taste.
The recent forecast study by Future Market Insights predicts a robust growth for the global soluble fiber market over the period, 2017-2026. The market is expected to touch a valuation of over US$ 3,000Mn by 2026-end. Developing effectual and convenient soluble fibers for the end-users will be a noteworthy trend impacting the manufacturing of soluble fibers in the forthcoming years. The study also provides plausible scenarios for the growth of global soluble fiber market in the coming years.
The analysts related to this report have shared beneficial insights on how global soluble fiber market will grow through 2026. Also, analysts have answered to the main concerns of industry shareholders and market observers.
Can you share some valuable insights regarding the pace at which expansion of global soluble fiber market will take place in the forthcoming years?
Our research study found out that the global soluble fiber market will expand at a robust 7.9% CAGR through 2026. The food and nutraceutical industry will contribute significantly towards the global market expansion. Increasing focus on constipation and obesity management is expected to boost the sales of soluble fibers.
What do you observe as the key trends impelling the sales of soluble fiber?
FDA definitely plays a very important role in the growth of global soluble fiber market. FDA approves food products with heart-healthy labels which hold higher contents of beta-glucan, mainly considering health-conscious consumers. It is also observed that there is persistent demand for food products that hold protein-rich properties, which in turn will fuel the sales of soluble fiber. M&A and innovative product launches are observed as the production-side trends in the global market. Leading food manufacturers as well as technologists are working towards developing innovative fiber additives for the purpose of food supplements.
Do you think the bakery industry will continue to be lucrative for the global market?
Yes, definitely. Soluble fibers will continue to have higher demands from the food manufacturers, especially from bakery sector. Soluble fiber products namely Beta-glucan is expected to witness significant demand in the forthcoming years. In terms of revenue growth, peas, dried beans and fiber-dense snack sales will contribute significantly.
What are the manufacturers in the global soluble fiber market currently focusing on? How will that benefit the consumers and the global market, eventually?
The leading manufacturers are focusing on increasing their array of products, which in turn would improve their place in global market. Manufacturers are planning to gain more customer-satisfaction for which, they are providing soluble fiber products like beta-glucan to pharmaceutical and nutraceutical companies. Consuming food products that are rich in beta-glucan will help the consumers in improving blood sugar control and lowers cholesterol level as well.
Can you enlist the key shareholders in the global soluble fiber market?
Undoubtedly. Our analysts have profiled Puratos, QuitoPlan, Naturex, Lonza Group, Cargill, Sunopta Inc., NEXIRA, Tate & Lyle, Roquette Freres, DuPont, Archer Daniels Midland Company, INGREDION and Huachang Pharmaceuticals as the key shareholders in the global soluble fibers market. By manufacturing innovative food products, the prominent players are concentrating on acquiring a competitive edge in global soluble fiber market.
Lastly, what’s your outlook on the geographical expansion of the global pocket containers market?
Well, North America will remain dominant in the global soluble fiber market over the forecast period, 2017-2026, in terms of revenue. Europe is likely to exhibit fastest growth during the projected period.
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