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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