Soluble Dietary Fibre Market To Grow 13.4 Percent

  • Wednesday, 21 June 2017 12:50
  • Published in Business News
  • Read 646 times

The global soluble dietary fibres market was valued at US$1.52 billion in 2016 and is projected to reach a value of US$3.23 billion by 2022, according to market research agency Markets and Markets.

The soluble dietary fibres market is driven by the increasing health consciousness among consumers and ease of incorporating soluble dietary fibres which have increased its application base. The market is predicted to grow 13.4 percent during the forecast period.

The functional foods and beverages segment dominated the soluble dietary fibres market in 2016. Fibre ingredients are continuously improved to provide excellent dissolution and taste characteristics, as well as to blend easily with a variety of functional food and beverages. The consumption of functional foods and beverages by health conscious consumers is increasing the demand for soluble dietary fibres.

The fruits and vegetables segment is expected to be the fastest-growing source of soluble dietary fibre during the forecast period. The major driver for the growth for this segment is the rich content of soluble dietary fibres in various fruits and vegetables. Vegetables that are a source of soluble dietary fibre are garlic, dandelion greens, broccoli, carrot, potato, beans, and peas. Fruits such as apples and pears have a high content of the soluble dietary fibre.

Inulin offers multiple health benefits, in addition to serving as a fat and sugar replacer in bakery, frozen dairy desserts, and confectionery products. Inulin accounted for the largest market share among the types of soluble dietary fibres in 2016. It is increasingly used for weight loss, to combat constipation, and as a food additive to improve taste. As taste is of prime importance for consumers' acceptability of food products, inulin has been extensively used by food manufacturers as a flavour enhancer in food products.

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