Food, Nutrition & Animal Feed PDF- Soluble Fibers Market | Page 2

Among the product types, inulin is the largest segment which is likely to hold over 30% of the global share by 2024. Inulin is extensively used in fortified foods and pharmaceutical products and their lower costs will aid the market segment growth in coming years. Resistant maltodextrins are widely used in capsules for drug stabilization. This segment is likely to generate a revenue of more than to USD 60 million by the end of the forecast years. Germany Soluble Fibers Market Size, by Application, 2013 – 2024 (USD Million) Browse key industry insights spread across 450 pages with 693 market data tables & 26 figures & charts from the report Soluble Fibers Market in detail along with the table of contents: https://www.gminsights.com/industry-analysis/soluble-fibers-market Based on application, the soluble fibers industry is divided into animal feed, pharmaceuticals, and functional foods & beverages. Pharmaceuticals will be an important application segment for the soluble fibers market and is likely to advance by a notable rate till 2024. Soluble fiber based supplements are becoming increasing popular in recent years. Asia Pacific and Europe will be the key regions that will drive the product demand for pharmaceutical applications. Europe will be a major soluble fibers market which is likely to gain by more than 16.6% CAGR during forecast years. A high density of ageing population coupled with increased demand for nutritional food products will propel the regional industry development. Asia Pacific will witness the most significant growth rate among other regions owing to a higher market development potential in emerging countries. Major soluble fiber manufacturers include Archer Daniels Midland Company, DuPont Nutrition & Health, Tate & Lyle, Nexira, INGREDION, Taiyo International, TIC Gums, Psyllium Labs, Wacker Chemie, Cargill, Roquette, Marshall Ingredients, Fiberstar, Fenchem, and PMV Nutrient Products. 2 | Page