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Soluble Corn Fibre Market

Market Insights on Soluble Corn Fibre covering sales outlook, demand forecast & up-to-date key trends

Soluble Corn Fibre Market by Form & Region - Forecast 2022 – 2032

Soluble Corn Fibre Market Outlook (2022-2032)

The Soluble Corn Fibre market is valued at USD 530.6 Mn in 2022 and is projected to grow at a CAGR of 4.9% during the forecast period, to reach a value of USD 932.3 Mn by 2032. Newly released data from Future Market Insights market analysis shows that global Soluble Corn Fibre demand is projected to grow year-on-year (Y-o-Y) growth of 4.8% in 2022.

Market Size Value in 2022

USD 530.6 Mn

Market Forecast Value in 2032

USD 932.3 Mn

Global Growth Rate (2022 to 2032)

4.9% CAGR

Forecast Period

2022-2032

Collective Value Share: Top 3 Countries (2021A)

39.1%

Functional fibre or prebiotic ingredients are under the category of ingredients that promote good bacteria, and soluble corn fibre is one of them. A potential market for soluble maize fibre as an ingredient resul from the growing prebiotics business. These short-chain fatty acids are versatile and stable. The need for soluble corn fibre will increase along with the market for prebiotics.

Foods supplemented with soluble corn fibre help reduce the incidence of coronary heart disease, stroke, obesity, prediabetes, hypertension, type 2 diabetes, and several gastrointestinal diseases, among other conditions.

In order to produce fortified foods, soluble corn fibre products are used extensively. Additionally, its use leads to reduced viscosity in beverages, which is highly desired by the producers. With its beneficial health properties and process stability, these fibres may replace insulin in a variety of bread applications (heat, pH, etc.).

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2017-2021 Soluble Corn Fibre Market Outlook Compared To 2022-2032 Forecast

Soluble Corn Fibre demand grew at 4.2% CAGR between 2017 and 2021, The industry has noticed an increased demand for soluble corn fibres as a result of rising disposable income and a trend toward living a healthy lifestyle.

In addition, a significant supply-side driver of this industry is the development of food technology to create goods that are label-friendly. Due to these products' extreme application specificity, one of the market restrictions may be the process stability of corn-soluble components.

The market for soluble corn fibre can be divided into categories based on how it is used, including food and drink, nutraceuticals and clinical nutrition, animal nutrition, and others. Based on how soluble corn fibre is consumed by end users, it may also be divided into breakfast, lunch, supper, and on-the-go meals.

One of soluble maize fiber's key benefits is that it may be utilized as a low-calorie filling in a variety of foods, especially baked products and confections. Additionally, there is a rising need for soluble maize fibres in the packaged food industry for use in frozen dinners like spaghetti and tortillas.

Rising Incidences Of Chronic Diseases Have Encouraged Consumers To Opt For Corn Fibers And Carbohydrates

Chronic illnesses and non-communicable diseases are today the leading causes of death for adults. Because of rapid urbanization, more people are leading sedentary lifestyles, which is increasing the prevalence of chronic diseases and obesity.

The intake of soluble fiber has been showing protective effects against chronic diseases such as diabetes, cardiovascular disease, inflammatory bowel syndrome, metabolic syndrome, diverticular disease, obesity, colorectal cancer, and more.

Insoluble fiber binds to and adsorbs carcinogens, mutagens, and toxins, and therefore, averts their harmful effects on the body by preventing the absorption of toxins and targeting them for elimination. According to the WHO (World Health Organization), chronic disease prevalence was expected to rise by 57% by the year 2020.

Additionally, soluble corn fibers have applications in the nutraceutical, medicinal, and cosmetics industries. The market for nutritional supplements will significantly increase as customers' preference for gyms and fitness centers increases globally. With the addition of new ingredients or more of current ingredients, functional food and beverages can enhance health or prevent disease.

In recent years there has been a shift toward preventative healthcare, and food processing businesses have partnered with pharmaceutical businesses to conduct the necessary research to broaden their product offerings. The need for corn fibres in animal nutrition is anticipated to increase as the number of pets worldwide rises.

Additionally, the rapidly expanding global sports sector would lead to a rise in demand for dietary supplements and beverages, which would support the development of the fibres market throughout the forecast period. During the projected period, the region is anticipated to have the fastest expanding market for fibres.

Additionally, people are becoming more aware of the health advantages of foods with high fibre content as a result of changing lifestyles. The need for fibres will rise as a result of the rising population and per capita income levels, which will also enhance consumer demand for fiber-rich foods and beverages.

Nandini Roy Choudhury
Principal Consultant
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Country-Wise Insights

How is the US Soluble Corn Fiber Market Shaping?

In the US, the market has seen substantial growth in recent years and is expected to rise at a CAGR of 6.1% over the forecast period, according to FMI. The country's well-established textile industry, together with ongoing developments in the pharmaceutical sector, is expected to improve product demand in the future years.

Which Factor is Boosting the Indian Soluble Corn Fiber Market?

Soluble Corn fiber in India is commonly used to supplement the feeds of poultry, ruminants, and pigs because it aids in the immune system's defense against airborne and waterborne infections. Concerns about animal rights, nutrition, and well-being are also expected to enhance the Indian corn fiber market.

How is the German Soluble Corn Fiber Market Performing?

Corn fiber demand is expected to rise in Germany due to the rising demand for high-nutritional products. The augmenting consumption of health and meal replacement drinks is another key factor for the rise in sales of the corn fiber market in Germany.

Category-Wise Insights

What is Pushing up the Sales of Powder Corn Fiber Market?

In baked foods, a powder form of soluble corn fiber is utilized to replace sugar and flour. This product has a high water retention rate, which makes it easier to keep all of the ingredients together during the cooking process. It also gives an alternate dietary source of minerals, fiber, vitamins, and other nutritional advantages to food products without adding extra calories or carbohydrates.

What is Boosting the Application of Soluble Corn Fiber in the Pharmaceutical Industry?

During the teenage and post-menopause stages, soluble corn fiber aids in the major building and retention of calcium in bone. It also improves gut function and contains prebiotic qualities, which should promote industry trends.

Soluble Corn fiber's key advantages, such as reduced blood glucose, enhanced lipid metabolism, and improved insulin response, are likely to boost product penetration in the pharmaceutical business.

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Competitive Landscape

Key manufacturers, with the help of different research centers, public research universities, and crop institutes across the U.S., are actively researching the potential applications of soluble corn fibers. Constant research for increased application in the food & beverage, personal care, sports nutrition, and feed industries is being carried out.

The growing health concerns among people and advancements in R&D activities have led to the growth of the soluble corn fiber market. Factors such as multifunctional benefits across various applications and their use as alternatives to sugar are contributing to the growth of the market.

Scope Of Report

Attribute

Details

Market Size Value in 2022

USD 520.6 Mn

Market Forecast Value in 2032

USD 932.3 Mn

Global Growth Rate

4.9% CAGR

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

MT for Volume and USD Mn for Value

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania,d MEA

Key Countries Covered

United States, Canada, Brazil, Mexico, Argentina, Chile, Peru, Germany, France, Italy, Spain, UK, Netherlands, Belgium, Nordic, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, North Africa, and others

Key Market Segments Covered

Form, Application

Key Companies Profiled

  • Archer Daniels Midland Company
  • Ingredion Incorporated
  • Roquette Frères
  • Tate & Lyle PIc
  • HL Agro Products Pvt. Ltd
  • Cargill Incorporated
  • Grain Processing Corporation
  • SunOpta, Inc.
  • J. Rettenmaier & Sohne GmbH & Co. KG
  • HL Agro
  • Doshi Group
  • Others

Pricing

Available upon Request

Soluble Corn Fibre Market By Category

By Form:

  • Food
    • Bakery
    • Breakfast Cereals & Snacks
    • Confectionery
    • Dairy
    • Meat Products
    • Infant food
  • Beverages
  • Pharmaceutical
  • Animal Nutrition
    • Swine
    • Ruminants
    • Poultry
    • Pet
  • Personal care & cosmetics
  • Textile
  • Others (Medical, Automotive)

By Form:

  • Liquid
  • Powder

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

The Soluble Corn Fibre market is estimated to reach sales of nearly USD 520.6 Mn by 2022.

Soluble Corn Fibre market revenue is expected to increase at a CAGR of around 4.9% during the period 2022-2032.

Soluble Corn Fibre sales increased a CAGR of around 4.2% over the past half-decade.

The global Soluble Corn Fibre market value is estimated to be around USD 932.3 Mn in 2032.

Archer Daniels Midland Company, Ingredion Incorporated, Roquette Frères, Tate & Lyle PIc HL Agro Products Pvt. Ltd, Cargill Incorporated, Grain Processing Corporation, SunOpta, Inc. J. Rettenmaier & Sohne GmbH & Co. KG, HL Agro, and Doshi Group are expected to be the top players driving the market growth.

The top countries driving the Soluble Corn Fibre demand are the US, India, Australia, Germany, the and UK.

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Nandini Roy Choudhury
Principal Consultant
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Soluble Corn Fibre Market