The soluble corn fiber market is estimated to be valued at US$ 574.0 million in 2024 and is expected to rise to US$ 915.8 million by 2034. The market is expected to grow at a CAGR of 4.8% during the forecast period.
Key Market Drivers
Attributes | Key Statistics |
---|---|
Soluble Corn Fiber Market Value (2024) | US$ 574.0 million |
Anticipated Market Value (2034) | US$ 915.8 million |
Value-based CAGR (2024 to 2034) | 4.8% |
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The soluble corn fiber market grew at a CAGR of 4.6% from 2019 to 2023. Before the COVID-19 pandemic, the market experienced growth driven by the increasing demand for healthier and functional ingredients in food and beverages. The rise in popularity of soluble corn fibers was due to their useful properties, clean-label appeal, and the growing awareness of gut health among consumers.
The soluble corn fiber market faced temporary supply chain and production disruptions. Despite these challenges, the focus on health and wellness remained strong, potentially benefiting ingredients like soluble corn fibers.
The food industry demonstrated resilience during the pandemic, with companies adapting to changing consumer preferences and market dynamics. Soluble corn fiber's versatility and functional properties continued to drive its adoption as manufacturers sought ingredients to enhance product formulations while meeting evolving consumer demands.
As economies gradually reopened and consumer confidence returned, the food and beverage industry, including the soluble corn fiber market, experienced a recovery. The heightened focus on health and well-being and an increasing interest in functional foods drove further growth in demand for soluble corn fiber. Manufacturers continued to innovate and introduce new products with SCF to cater to the evolving needs of health-conscious consumers.
Attributes | Key Statistics |
---|---|
Growth (2019 to 2023) | 4.6% CAGR |
Forecast Value (2024) | US$ 574.0 million |
The soluble corn fiber market is anticipated to surpass a valuation of US$ 915.8 million by 2034. While the market is expected to experience substantial growth, several restraining factors could adversely affect its development:
Attributes | Details |
---|---|
Top Form | Powder |
Market share | 58.6% |
The powdered soluble corn fiber segment has grown in popularity. This can be attributed to a range of factors that cater to both consumer and industry preferences.
Attributes | Details |
---|---|
Top End-Use Industry | Bakery |
Market share | 32.3% |
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The section analyzes the demand for soluble corn fiber in major markets, including the United States, Germany, China, India, and France. The table presents the CAGR for each country, indicating the expected market growth through 2034.
Countries | CAGR (2024 to 2034) |
---|---|
United States | 2.6% |
Germany | 3.1% |
China | 3.2% |
India | 4.3% |
France | 4.2% |
In the Asian region, India leads the soluble corn fiber market. The market in India is anticipated to retain its dominance by progressing at a CAGR of 4.3% till 2034.
The soluble corn fiber market in India is growing due to a growing awareness of health and nutrition. As the dietary preferences of consumers shift towards healthier alternatives, soluble corn fiber is gaining traction in the Indian food industry. Its role in improving digestive health and applications in reduced-calorie and sugar-free formulations is driving the market forward. Its functional and prebiotic properties make it a favored ingredient in the Indian food industry.
The United States dominates the soluble corn fiber in the North American region. The United States soluble corn fiber market is anticipated to exhibit a CAGR of 2.6% through 2034.
In the United States, the demand for functional and clean-label ingredients is rising with the increasing interest in digestive health. The adoption of soluble corn fiber as a prebiotic fiber aligns with this trend. Its applications in reducing sugar and enhancing the nutritional profile of various food products appeal to health-conscious American consumers.
France is one of the leading countries in the market. The French soluble corn fiber market is anticipated to retain its dominance by progressing at a CAGR of 4.2% over the forecast period.
France is witnessing an upsurge in the soluble corn fiber market driven by the country's focus on clean-label and functional ingredients. The application of soluble corn fiber in improving the nutritional profile of various food products without compromising taste is contributing to the market’s growth. Its versatility as a prebiotic fiber also appeals to French consumers who are increasingly interested in digestive health.
The Chinese soluble corn fiber market is predicted to rise at a 3.2% CAGR through 2034.
China's soluble corn fiber market is experiencing significant growth, driven by the increasing demand for healthier food options. Chinese consumers are becoming more health-conscious, and soluble corn fiber's functional and prebiotic properties align well with the market's shift towards nutritionally enhanced products.
Soluble corn fiber is a favored ingredient in the Chinese food industry because it improves digestive health and applications in reduced-calorie and sugar-free formulations.
The German soluble corn fiber market is anticipated to register a CAGR of 3.1% through 2034.
The German consumer's preference for natural and healthy ingredients and a focus on digestive well-being have contributed to the rising product demand. Soluble corn fiber's functional and prebiotic properties make it a favored ingredient in the German food industry.
The global soluble corn fiber market share is highly concentrated, with prominent players such as Archer Daniels Midland Company, General Mills, Tate & Lyle, Roquette Freres, Batory Foods, etc. Food companies invest heavily in research and development to increase their market share to create new soluble corn fiber formulations that align with consumer preferences, such as clean labels, reduced sugar, and improved digestive health.
They also conduct marketing and educational campaigns to raise awareness of the benefits and versatility of soluble corn fiber. Partnerships with industry stakeholders help position soluble corn fiber as a preferred ingredient in various products, contributing to the market's growth and strengthening the companies' positions in the industry.
Recent Developments
The global soluble corn fiber market is expected to be worth US$ 574.0 million by 2024.
The market for soluble corn fibers is expected to reach US$ 915.8 million by 2034.
The soluble corn fiber market is growing at a CAGR of 4.8% from 2024 to 2034.
Some of the key players in the market are Archer Daniels Midland Company, General Mills, Tate & Lyle, Roquette Freres, Batory Foods, etc.
The powdered form is the most popular form of soluble corn fiber, with a market share of 58.6%.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Form, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Form, 2024 to 2034 5.3.1. Liquid 5.3.2. Powder 5.4. Y-o-Y Growth Trend Analysis By Form, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Form, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2024 to 2034 6.3.1. Food 6.3.1.1. Bakery 6.3.1.2. Breakfast Cereals & Snacks 6.3.1.3. Confectionery 6.3.1.4. Dairy 6.3.1.5. Meat Products 6.3.1.6. Infant Food 6.3.2. Beverages 6.3.3. Pharmaceutical 6.3.4. Animal Nutrition 6.3.4.1. Swine 6.3.4.2. Ruminants 6.3.4.3. Poultry 6.3.4.4. Pet 6.3.5. Personal care & cosmetics 6.3.6. Textile 6.3.7. Others (Medical, Automotive) 6.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2023 7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Form 8.2.3. By End Use 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Form 8.3.3. By End Use 8.4. Key Takeaways 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Form 9.2.3. By End Use 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Form 9.3.3. By End Use 9.4. Key Takeaways 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. UK 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Form 10.2.3. By End Use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Form 10.3.3. By End Use 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Form 11.2.3. By End Use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Form 11.3.3. By End Use 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Form 12.2.3. By End Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Form 12.3.3. By End Use 12.4. Key Takeaways 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Form 13.2.3. By End Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Form 13.3.3. By End Use 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Form 14.2.3. By End Use 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Form 14.3.3. By End Use 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2023 15.1.2.1. By Form 15.1.2.2. By End Use 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2023 15.2.2.1. By Form 15.2.2.2. By End Use 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2023 15.3.2.1. By Form 15.3.2.2. By End Use 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2023 15.4.2.1. By Form 15.4.2.2. By End Use 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2023 15.5.2.1. By Form 15.5.2.2. By End Use 15.6. UK 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2023 15.6.2.1. By Form 15.6.2.2. By End Use 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2023 15.7.2.1. By Form 15.7.2.2. By End Use 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2023 15.8.2.1. By Form 15.8.2.2. By End Use 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2023 15.9.2.1. By Form 15.9.2.2. By End Use 15.10. Poland 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2023 15.10.2.1. By Form 15.10.2.2. By End Use 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2023 15.11.2.1. By Form 15.11.2.2. By End Use 15.12. Czech Republic 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2023 15.12.2.1. By Form 15.12.2.2. By End Use 15.13. Romania 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2023 15.13.2.1. By Form 15.13.2.2. By End Use 15.14. India 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2023 15.14.2.1. By Form 15.14.2.2. By End Use 15.15. Bangladesh 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2023 15.15.2.1. By Form 15.15.2.2. By End Use 15.16. Australia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2023 15.16.2.1. By Form 15.16.2.2. By End Use 15.17. New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2023 15.17.2.1. By Form 15.17.2.2. By End Use 15.18. China 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2023 15.18.2.1. By Form 15.18.2.2. By End Use 15.19. Japan 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2023 15.19.2.1. By Form 15.19.2.2. By End Use 15.20. South Korea 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2023 15.20.2.1. By Form 15.20.2.2. By End Use 15.21. GCC Countries 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2023 15.21.2.1. By Form 15.21.2.2. By End Use 15.22. South Africa 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2023 15.22.2.1. By Form 15.22.2.2. By End Use 15.23. Israel 15.23.1. Pricing Analysis 15.23.2. Market Share Analysis, 2023 15.23.2.1. By Form 15.23.2.2. By End Use 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Form 16.3.3. By End Use 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Archer Daniels Midland Company 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Ingredion Incorporated 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Roquette Frères 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Tate & Lyle PIc 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. HL Agro Products Pvt. Ltd 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. Cargill Incorporated 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. Grain Processing Corporation 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. SunOpta, Inc. 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. J. Rettenmaier & Sohne GmbH & Co. KG 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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