Europe Soluble Dietary Fibers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Inulin, Pectin, Polydextrose, Beta-Glucan, and Others), Source (Cereals and Grains, Fruits and Vegetables, and Others), and Application (Food and Beverages, Animal Nutrition, Pharmaceuticals and Nutraceuticals, and Others)
Market Introduction
European continent comprises several economies, including Germany, France, Italy, the UK, and Russia. Consumers are becoming increasingly interested in the nutritional qualities of the food they eat. This has prompted further research on the relationship between diet and health. There is a significant increase in the demand for functional food products, specifically in regard to products that contain soluble fibers. Many people from the European countries are focusing on increasing the intake of dietary fibers to improve their health. The grain products are mainly used as a source of fiber in these countries. The soluble dietary fibers are used to create a high-value end product; hence, there is growing demand for soluble dietary fibers in many food & beverages applications in the region.
In Europe, currently Russia, the UK and France are the worst-impacted countries by the COVID-19 pandemic. The region is estimated to suffer an economic hit due to the lack of revenue from various industries subjected to disruption in supply chain. The massive outbreak of the pandemic has created temporary distortion in operation efficiencies of industrial bases in European market. The market for soluble dietary fibers has been negatively impacted due to fluctuations in raw material sourcing and pricing, along with limited operational capabilities due to COVID-19 restrictions. However, shift in consumer lifestyle, rise in preference toward healthy dietary practices, and increase in incorporation of dietary fibers in diets have substantially promoted the demand for soluble dietary fibers in the regional market. For instance, as per an article published by Tate and Lyle in June 2021, the advances and innovation in the food & beverages industry have prompted the consumption of dietary fiber over sugars and fat as a significant replacement. As per an article published in the Journal” Gut Microbes,” the consumption of high fiber diet could significantly lower down the inflammatory responses associated with COVID-19 infection. Additionally, as per an article published by Europe PMC, a study was conducted to understand the microbial patterns with regards to probiotics and dietary fibers. The study speculated the consumption of probiotics and dietary fibers could significantly contribute to reduce inflammation and strengthen the overall immune system in response to COVID-19 infection. Hence, the market for soluble dietary fibers is expected to grow in the region. Further, several industrial bases such as food & beverages, pharmaceuticals and nutraceuticals, and animal feed are expected to flourish post pandemic, which has a direct correlation with the demand for soluble dietary fibers in the regional market.
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Market Overview and Dynamics
The soluble dietary fibers market in Europe is expected to grow from US$ 772.85 million in 2021 to US$ 1,050.24 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028. The use of soluble dietary fiber is rising fairly in beverages and drinks as it shows better dispersibility in water in comparison to insoluble fiber. Additionally, the incorporation of soluble dietary fiber in beverage formulations helps improve the overall physical and chemical properties as the beverage particles get uniformly distributed; enhance the stability; and prevent precipitation and stratification. Such functional beverages promote satiety, help in weight management, and minimize the need to the intake other high calorific foods. Different types of soluble fibers such as grains and multi-fruits, pectins, β-glucans, and cellulose beet-root fiber, can be used in preparation of beverages. For instance, as per an article published by the National Center for Biotechnology Information (NCBI), oat fiber can be effectively used in preparation of milk shakes, instant type-breakfast drinks, fruit and vegetable juices, iced tea, sports drinks, cappuccino, and wine. An article published by PreScouter” Natural Replacements for Sugar in Beverages” in April 2018, stated that the soluble fiber, inulin, is considered as a perfect ingredient which can be used in instant beverages, soy drinks, and flavored waters, especially “functional” beverages. Inulin possesses high solubility in water along with providing extra strength to body. Inulin is considered as an ideal sugar replacer in low-calorie beverages. Similarly, an article published by FoodIngredientsFirst in April 2020, represented that soluble fibers and natural flavors have grown indispensably in the sweeteners market, attributable to significant shift toward sugar-reduced foods as well as enhanced mouthfeel, texture, and sweetness. The rising inclination toward replacing sugar with artificial sweeteners to improve texture, taste, and nutrition has driven the demand for soluble dietary fibers such as chicory inulin. Chicory inulin possesses a sweetness of approximately 10% in comparison with that of sucrose and has the capability to replace sugars in 1:1 ratio in many applications. Similarly, Litesse Ultra polydextrose is another soluble fiber, which can effectively substitute the lost texture and mouthfeel by reduction of sugar. Similarly, prebiotic dietary fibers, possessing high solubility in water, are significantly used in beverage formulations to promote the digestive health. For instance, barley, which is composed of –20 grams of beta-glucan per 100 grams, is significantly used as a popular cereal grain to produce beer. It contains 2. Beta glucan (β-glucan) is a type of soluble fiber which is known for several functional and bioactive properties and helps to minimizes the risk of dyslipidemia, hypertension, and obesity. Companies such as Ingredion is involved in offering NUTRAFLORA soluble prebiotic fiber, which enhances the flavor of beverages along with acting as an effective sugar substitute. Similarly, Fibersol—a joint venture between Archer Daniels Midland Company; Matsutani Chemical Industry Co., Ltd.; and Matsutani America—is involved in providing low-viscosity soluble prebiotic dietary fiber, which helps increase the fiber content and enhance the nutritional profile of different types of beverages such as juices & fortified waters, shakes & smoothies, protein & nutritional, yogurt & dairy-based, coffee & tea, sports & energy, and carbonated & alcoholic. Hence, the soluble dietary fiber acts as an effective sugar replacement and can also be used as a prebiotic fiber in beverage formulations.
Key Market Segments
In terms of type, the inulin segment accounted for the largest share of the Europe soluble dietary fibers market in 2020. In terms of source, the cereals and grains segment accounted for the largest share. Further In term of application, the food and beverages held a larger market share of the soluble dietary fibers market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the soluble dietary fibers market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Cargill, Incorporated, Kerry Group, Ingredion Incorporated, Nexira, Roquette Frères, Tate & Lyle PLC, ADM, IFF Nutrition & Biosciences, COSUCRA, and BENEO GmbH among others.
Reasons to buy report
- To understand the Europe soluble dietary fibers market landscape and identify market segments that are most likely to guarantee a strong return
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- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe soluble dietary fibers market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Soluble Dietary Fibers Market Segmentation
Europe Soluble Dietary Fibers Market – By Type
- Inulin
- Pectin
- Beta-glucan
- Polydextrose
- Others
Europe Soluble Dietary Fibers Market – By Source
- Cereals and Grains
- Fruits and Vegetables
- Others
Europe Soluble Dietary Fibers Market – By Application
- Food and Beverages
- Animal Nutrition
- Pharmaceuticals and Nutraceuticals
- Others
Europe Soluble Dietary Fibers Market – By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Soluble Dietary Fibers Market – Companies Mentioned
- Cargill, Incorporated
- Kerry Group
- Ingredion Incorporated
- Nexira
- Tate & Lyle PLC
- ADM
- IFF Nutrition & Biosciences
- BENEO GmbH
- Roquette Frères
- COSUCRA
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Europe Soluble Dietary Fibers – Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Europe Soluble Dietary Fibers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Expanding Demand for Functional Food
5.1.2 Burgeoning Applications of Soluble Dietary Fibers in Pharmaceuticals and Nutraceuticals
5.2 Market Restraints
5.2.1 Unstable Prices of Raw Material
5.3 Market Opportunities
5.3.1 Appearing Sources of Soluble Dietary Fibers
5.4 Future Trends
5.4.1 Accelerated Demand for Soluble Dietary Fibers as a Sugar Replacement in Beverages and as a Prebiotic
5.5 Impact Analysis of Drivers and Restraints
6. Europe Soluble Dietary Fibers – Market Analysis
6.1 Europe Soluble Dietary Fibers Market Overview
6.2 Europe Soluble Dietary Fibers Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Soluble Dietary Fibers Market Analysis – By Type
7.1 Overview
7.2 Europe: Soluble Dietary Fiber Market, by Type
7.3 Inulin
7.3.1 Overview
7.3.2 Inulin: Soluble Dietary Fibers Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Pectin
7.4.1 Overview
7.4.2 Pectin: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
7.5 Polydextrose
7.5.1 Overview
7.5.2 Polydextrose: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
7.6 Beta-glucan
7.6.1 Overview
7.6.2 Beta-glucan: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Soluble Dietary Fibers Market Analysis – By Source
8.1 Overview
8.2 Europe: Soluble Dietary Fiber Market, by Source
8.3 Cereals and Grains
8.3.1 Overview
8.3.2 Cereals and Grains: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
8.4 Fruits and Vegetables
8.4.1 Overview
8.4.2 Fruits and Vegetables: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Soluble Dietary Fibers Market Analysis – By Application
9.1 Overview
9.2 Europe: Soluble Dietary Fiber Market, by Application
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
9.4 Animal Nutrition
9.4.1 Overview
9.4.2 Animal Nutrition: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
9.5 Pharmaceuticals and Nutraceuticals
9.5.1 Overview
9.5.2 Pharmaceuticals and Nutraceuticals: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Soluble dietary fibers market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Soluble Dietary Fibers Market – Country Analysis
10.1 Overview
10.1.1 Europe: Soluble Dietary Fibers Market, by Key Country
10.1.1.1 Germany: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Soluble Dietary Fibers Market, by Type
10.1.1.1.2 Germany: Soluble Dietary Fibers Market, by Source
10.1.1.1.3 Germany: Soluble Dietary Fibers Market, by Application
10.1.1.2 France: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Soluble Dietary Fibers Market, by Type
10.1.1.2.2 France: Soluble Dietary Fibers Market, by Source
10.1.1.2.3 France: Soluble Dietary Fibers Market, by Application
10.1.1.3 Italy: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Soluble Dietary Fibers Market, by Type
10.1.1.3.2 Italy: Soluble Dietary Fibers Market, by Source
10.1.1.3.3 Italy: Soluble Dietary Fibers Market, by Application
10.1.1.4 United Kingdom: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 United Kingdom: Soluble Dietary Fibers Market, by Type
10.1.1.4.2 United Kingdom: Soluble Dietary Fibers Market, by Source
10.1.1.4.3 United Kingdom: Soluble Dietary Fibers Market, by Application
10.1.1.5 Russia: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Soluble Dietary Fibers Market, by Type
10.1.1.5.2 Russia: Soluble Dietary Fibers Market, by Source
10.1.1.5.3 Russia: Soluble Dietary Fibers Market, by Application
10.1.1.6 Rest of Europe: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Soluble Dietary Fibers Market, by Type
10.1.1.6.2 Rest of Europe: Soluble Dietary Fibers Market, by Source
10.1.1.6.3 Rest of Europe: Soluble Dietary Fibers Market, by Application
11. Europe Soluble Dietary Fibers Market – Impact of COVID-19 Pandemic
11.1 Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Product Launch
12.2 Strategy and Business Planning
13. Company Profiles
13.1 Cargill, Incorporated
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Kerry Group
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Ingredion Incorporated
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nexira
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Roquette Frères
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Tate & Lyle PLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 ADM
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 IFF Nutrition & Biosciences
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 BENEO GmbH
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 COSUCRA
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Europe Soluble Dietary Fibers Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Soluble Dietary Fibers Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Germany Soluble Dietary Fibers Market, by Source – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Soluble Dietary Fibers Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. France Soluble Dietary Fibers Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. France Soluble Dietary Fibers Market, by Source – Revenue and Forecast to 2028 (USD Million)
Table 7. France Soluble Dietary Fibers Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 8. Italy Soluble Dietary Fibers Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 9. Italy Soluble Dietary Fibers Market, by Source – Revenue and Forecast to 2028 (USD Million)
Table 10. Italy Soluble Dietary Fibers Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. United Kingdom Soluble Dietary Fibers Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 12. United Kingdom Soluble Dietary Fibers Market, by Source – Revenue and Forecast to 2028 (USD Million)
Table 13. United Kingdom Soluble Dietary Fibers Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 14. Russia Soluble Dietary Fibers Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Russia Soluble Dietary Fibers Market, by Source– Revenue and Forecast to 2028 (USD Million)
Table 16. Russia Soluble Dietary Fibers Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Europe Soluble Dietary Fibers Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Europe Soluble Dietary Fibers Market, by Source – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Europe Soluble Dietary Fibers Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 20. Glossary of Terms, Soluble Dietary Fibers Market
LIST OF FIGURES
Figure 1. Europe Soluble Dietary Fibers Market Segmentation
Figure 2. Europe Soluble Dietary Fibers Market Segmentation – By Country
Figure 3. Europe Soluble Dietary Fibers Market Overview
Figure 4. Food and Beverage Segment Held Largest Share of Europe Soluble Dietary Fibers Market
Figure 5. Rest of Europe Region Held Largest Share of Europe Soluble Dietary Fibers Market
Figure 6. Europe Soluble Dietary Fibers Market, Industry Landscape
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Europe Soluble Dietary Fibers Market Impact Analysis of Drivers and Restraints
Figure 10. Europe: Soluble Dietary Fibers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe: Soluble Dietary Fiber Market Revenue Share, by Type (2020 and 2028)
Figure 12. Inulin: Soluble Dietary Fibers Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Pectin: Soluble Dietary Fiber – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Polydextrose: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Beta-glucan: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Europe: Soluble Dietary Fiber Market Revenue Share, by Source (2020 and 2028)
Figure 18. Cereals and Grains: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Fruits and Vegetables: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Europe: Soluble Dietary Fiber Market Revenue Share, by Application (2020 and 2028)
Figure 22. Food and Beverages: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Animal Nutrition: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Pharmaceuticals and Nutraceuticals: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Others: Soluble dietary fibers market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Geographic Overview of Europe Soluble Dietary Fibers Market
Figure 27. Europe: Soluble dietary fibers market Revenue Share, by Key Country (2020 and 2028)
Figure 28. Germany: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. France: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Italy: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. United Kingdom: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Russia: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: Soluble dietary fibers market –Revenue and Forecast to 2028 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Europe
- Cargill, Incorporated
- Kerry Group
- Ingredion Incorporated
- Nexira
- Tate & Lyle PLC
- ADM
- IFF Nutrition & Biosciences
- BENEO GmbH
- Roquette Frères
- COSUCRA
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