The global Soy Dietary Fibers Market evaluates the growth trends in industry and is anticipated to display a significant rise in the CAGR by 2023. Increasing popularity of the soy dietary fiber market is majorly driven by sophisticated lifestyle of global population, along with the rising disposable income due to rapid industrialization. The modern-day living has also marked the advent of several diseases. Many of these diseases are caused attributed to inappropriate and imbalanced eating habits.
Soy dietary fiber is known for its organic and mineral components, which are easily absorbed by enzymes of intestinal microflora. Soy dietary fiber is majorly adopted by people suffering from diabetes, obesity, constipation, intestinal cancer, cardiocerebrovascular disease, and other disorders.
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“The rapidly increasing demand for functional foods that has the ability to adjust with the changing human lifestyles and can effectively suffice the dietary needs of modern civilization has potentially attracted the soy dietary fiber products. These have a remarkable record health promotion attributes and is being increasingly incorporated by athletes and sports people.”
Insoluble and soluble fiber types mark the two-basic categorization of soy dietary fibers market. However, the soluble type has emerged as the fastest growing segment in the global market. This can be attributed to its favorable results in treating complicated digestive problems among the geriatric population. Addition of soy dietary fiber in breakfast has been analyzed to have therapeutic functions and favors enzymatic digestion.
Rising demand for dietary supplement across the pharmaceutical sector has also fuelled the growth of soy dietary fiber products. This has emerged as a key trend and has propelled the development of fiber enriched products at economical cost and is creating new opportunities for entrants who are striving in capitalizing and establishing themselves in this industry.
Soluble Soy Polysaccharide (SSPS) is a dietary fiber obtained from soybeans. These have gained popularity for its used in preparing acidic beverages. It has found a major application in the preparation of noodles and rice, which has in turn boosted its sales volume. Increasing consumption of acidic beverages and noodles among the millennial population has spurred the demand for Soluble Soy Polysaccharide (SSPS).
Based on geography, the soy dietary fiber market has been segmented into North America, the Asia Pacific, the Middle East, and Africa, and Latin America. The favorable climatic conditions in China and India, coupled with adoption of advanced agricultural methods have impelled the Asia Pacific region to substantially exhibit a surplus production mechanism.
Archer Daniels Midland, Cargill, DuPont, Lonza Group, China Supplier – Diamond Member Audited Suppliers Jinjiang Just Food Co., Ltd., Jiangyin Ganghao International Trade Co., Ltd., Hainan Zhongxin Chemical Co., Ltd., Zhengzhou Warm Heart Technology Co., Ltd., Tongxiang Bonzer Imp&Exp Co., Ltd., Shanghai Winshow Soybean Fibre Industry Co., Ltd., Envelop Vegetable Protein Co., Ltd., Baode Industry Limited, Jinan Dayi Extrusion Machinery Co., Ltd., China Supplier – Gold Member Audited Suppliers Jinan Dayi Extrusion Machinery Co., Ltd., and Fooding Group Limited are some of the prominent and established players in the soy dietary fibers industry.
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Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Soy Dietary Fibers in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Soy Dietary Fibers market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Fuji Oil Group
• Linyi Shansong Biological Products
• Gushen Biological Technology Group
• Yiming Biological Products
• Fibred Group
• Shahghai Biotech
• Tianjing
• Juyuan
• Pacific Soybean & Grain
• Shandong Yuxin Bio-Tech
• JRS Pharma
• Wachsen Industry
• HuaHui Biological
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/food
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Type I
• Type II
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Soy Dietary Fibers for each application, including
• Application 1
• Application 2
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