Ethylene Copolymers Market Forecasts to 2028 – Global Analysis By Type (Ethylene ethyl acrylate (EEA), Ethylene vinyl acetate (EVA) and Other Types), Application (Asphalt modification, Hot melt adhesives, and Other Applications), End User (Automotive, Pac

Ethylene Copolymers Market Forecasts to 2028 – Global Analysis By Type (Ethylene ethyl acrylate (EEA), Ethylene vinyl acetate (EVA) and Other Types), Application (Asphalt modification, Hot melt adhesives, and Other Applications), End User (Automotive, Packaging, and other End Users) and By Geography

According to Stratistics MRC, the Global Soluble Fiber Market is accounted for $1745.02 million in 2022 and is expected to reach $2648.31 million by 2028 growing at a CAGR of 7.2% during the forecast period. The digestive system turns soluble fibre, which is soft and sticky, into a gel-like material by absorbing water. Oats, beans, peas, avocados, barley, and fruits are among the best sources. Additionally, the soluble fibre binds to molecules like sugar and cholesterol, reducing or stopping their blood absorption. Increased populations of beneficial microorganisms in the gut are linked to improved immunity, anti-inflammatory benefits, and improved mood. Numerous health advantages of soluble fibre include protection against diabetes, heart disease, regular bowel motions, and weight loss.

According to, Food Industry Association, frozen foods witnessed a 21% growth in revenue and 13.2% growth by volume in 2020. Similarly, Plant Based Foods Association also reported an increase in plant-based packaged food product sales by 15% in 2020. According to WHO (World Health Organization), in 2020, among 55.4 million deaths worldwide, more than half (55%) were due to the top 10 causes, with Ischemic heart disease and stroke being the world’s biggest killers, accounting for 15 million deaths. Unhealthy diets and physical inactivity are thus among the leading causes of the major non-communicable diseases, including cardiovascular disease, type 2 diabetes, and certain types of cancer, substantially contributing to disease, death, and disability.

Market Dynamics:

Driver:

Rising demand in food industry

The general public's awareness of healthy foods and supplements has improved during the past decade. Many health-conscious people feel that they need to consume dietary fibres in sufficient amounts, which has led to the acceptance of food products with high fibre contents. These reasons suggest that over the coming several years, the global market for soluble fibre will expand rapidly. The demand for soluble fibre in the global market has also been strongly influenced by the popularity of dietary supplements. Developments in the food and beverage industry, better access to resources for commodities, and administrative investments are other elements that affect demand on the worldwide market.

Restraint:

High Research & Development Costs

The market for soluble dietary fibres has been restrained by significant investments in research & development, research tools, laboratories, and the hiring of qualified professionals. It is difficult for new entrants and small and medium-sized enterprises to compete when major corporations like Cargill and Ingredion are focused on building a strong research & development foundation.

Opportunity:

Increasing instances of constipation and other digestive diseases

The market for soluble fibres will expand as cases of constipation and other digestive disorders rise among the world's population. According to findings from four U.S. polls, over 4 million Americans have constipation on a regular basis, making it the most common digestive disorder in the nation. Furthermore, disorders linked to or related to constipation claim the lives of more than 900 persons each year. Similar studies have revealed significant prevalence rates of constipation in numerous European and Asian nations. These elements will boost product demand for use in functional foods and dietary supplements and offer the market for soluble fibres with positive growth prospects.

Threat:

Harmful effects associated with over-consumption

The negative consequences of their excessive consumption are the main barrier to the expansion of the soluble fibres sector. Furthermore, it is asserted that eating a lot of fibre leads the body to produce too much carbon dioxide, methane, and hydrogen, which in turn results in a variety of stomach-related problems. Diarrhea and decreased mineral absorption are additional side effects of increased product intake. When the body is not getting enough water, excessive product consumption can sometimes result in severe constipation. These elements can give customers a bad impression of the product, which might reduce demand and impede the expansion of the soluble fibres market during the projection period.

Covid-19 Impact

The majority of industries have seen unfavourable effects. This can be ascribed to the enormous disruptions that various precautionary lockdowns and other limitations that were imposed by governing agencies around the world caused in their respective production and supply-chain operations. Additionally, consumer demand has now decreased as people have become more motivated to cut non-essential spending from their own budgets as the general economic situation of the majority of people has been badly impacted by this outbreak.

The beta-glucan segment is expected to be the largest during the forecast period

The beta-glucan segment is estimated to have a lucrative growth, due to the benefits it offers in terms of one's health, particularly the reduction of heart disease risk and the quantity of saturated fats in the body. According to recent research, beta-glucans may also have immunomodulatory qualities. In the upcoming years, these factors will raise the demand for products used in dietary supplements and functional food items.

The functional foods & beverages segment is expected to have the highest CAGR during the forecast period

The functional foods & beverages segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the feed industry's increased involvement, the demand for soluble dietary fibre for farm animals is anticipated to expand as consumers throughout the world hunt for high-quality edible food products. Rising public awareness of the benefits of eating nutritious, fortified foods would accelerate the expansion of this market category.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to a growing awareness of wellbeing and health. The region's market is expanding due to the presence of manufacturing facilities and the rising demand for soluble fibres from the F&B processing industries. Furthermore, the market is anticipated to increase during the forecast period due to changing consumer lifestyles, a boom in the food and beverage industry, and market penetration by major market players.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to Soluble dietary fibres market is primarily driven by rising consumer demand for nutritious fibrous food products. Whole-grain foods are a major source of fibre for many individuals in North America. Consumer knowledge of the health advantages of various soluble dietary fibre types and their significance in regulating blood sugar levels, offering digestive support, and boosting immunity is developing. Dietary choices have changed significantly in the area as a result of the expanding urban population and changing lifestyle.

Key players in the market

Some of the key players profiled in the Soluble Fiber Market include DuPont Nutrition & Health, Ingredion, TIC Gums, Inc., Tate & Lyle, Taiyo International, Archer Daniels Midland Company, Nexira, Psyllium Labs LLC, Roquette, Wacker Chemie AG, Fiberstar, Inc., Cargill, PMV Nutrient Products Pvt Ltd., Marshall Ingredients, Fenchem, Batory Foods, Shimizu Chemical Corporation, Shandong Guangming Super Refractory Fiber Co. Ltd, Vippy Industries Ltd

Key Developments:

In April 2022, Tate & Lyle acquired Quantum Hi-Tech (Guangdong) Biological, a china-based probiotic manufacturer, for USD 237 Million. The acquisition was aligned with Tate & Lyle's goal to become a growth-focused food and beverage solutions company while strengthening its position as a player in the rapidly expanding global dietary fiber market.

In July 2021, Cargill, Incorporated invested USD 45 million to add soluble fibers to its European portfolio of starches, sweeteners, and texturizers. With this investment, the company has been designing soluble fiber, which enables food manufacturers to improve the nutritional profiles of their products with fewer calories and sugars.

Products Covered:
• Oligosaccharides
• Inulin
• Resistant Starch
• Polydextrose
• Resistant Maltodextrin
• Beta-Glucan
• Pectin
• Beta-Glucan
• Other Products

Raw Materials Covered:
• Cereals & Grains
• Fruits & Vegetables
• Non-Plant Sources
• Other Raw Materials

Sources Covered:
• Chia Seeds
• Barley
• Legumes
• Oats
• Other Sources

Applications Covered:
• Animal Feed
• Pharmaceuticals
• Functional Foods & Beverages
• Nutraceuticals
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements