India soluble dietary fibers market is projected to witness significant growth during the forecast period, owing to its growing adoption among consumers due to associated health benefits. Soluble dietary fibers form a gel when they are added with water and are therefore widely used for constipation. They are present in oats, phylum, apples etc. and are widely used for weight loss management as they have low calorific value. Growing use of soluble dietary fibers for weight management is expected to drive the growth of the market during the forecast period.
Moreover, the increasing popularity of functional foods among consumers due to the growing awareness about their nutritional benefits will propel the growth of soluble dietary fibers market until 2026. The surge in demand and production of convenience food is providing a major support for the growth of this market. Soluble dietary fibers are also finding wide application in beverage industry as they act as a sugar replacement and have prebiotic properties. The growing awareness towards health and fitness among consumers is further expected to fuel the demand of soluble dietary fibers in the coming years.
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India soluble dietary fibers market is segmented based on type, source, application and region. Based on type, the market is segmented into inulin, pectin, polydextrose, beta-glucan and others. The insulin segment is expected to grow at the highest CAGR during the forecast period owing to various health benefits and extensive use as an additive, flavor enhancer and as replacement of fats & sugar in bakery, frozen dairy desserts, and confectionery products.
Based on application, India soluble dietary fibers market is segmented into functional food & beverages, animal feed, pharmaceuticals and others. The functional foods & beverages segment led the market in 2020 and the segment is expected to maintain its position during the forecast period owing to rising application of soluble dietary in food products such as confectioneries, beverages and processed foods.
Major players operating in the India soluble dietary fibers market are Cargill India Pvt. Ltd., I. DuPont India Pvt. Ltd., Beneo India Pvt. Ltd., Tate & Lyle PLC, ADM Agro Industries India Private Limited, Lonza India Pvt Ltd, Kerry Group, Tereos India Private Limited, Frutarom Industries Ltd. and Ingredion India Private Limited, among others.
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Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
- To analyze and forecast the market size of India soluble dietary fibers market.
- To classify and forecast India soluble dietary fibers market based type, source, application, company and regional distribution.
- To identify drivers and challenges for India soluble dietary fibers market.
- To examine competitive developments such as expansions, new product launches in India soluble dietary fibers market.
- To conduct pricing analysis for India soluble dietary fibers market.
- To identify and analyze the profile of leading players operating in India soluble dietary fibers market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of soluble dietary fiber manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturing companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the companies, distribution channels and presence of all major players across India.
TechSci Research calculated the market size of India soluble dietary fibers market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Soluble dietary fiber manufacturers/partners
- Sales channel/suppliers/ distribution
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to soluble dietary fibers
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as companies, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, India soluble dietary fibers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Soluble Dietary Fibers Market, By Type:
- India Soluble Dietary Fibers Market, By Source:
- Cereals & Grains
- Nuts & Seeds
- Fruits & Vegetables
- India Soluble Dietary Fibers Market, By Application:
- Functional Food & Beverages
- Animal Feed
- India Soluble Dietary Fibers Market, By Region:
Company Profiles: Detailed analysis of the major companies present in India soluble dietary fibers market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
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