The bio-soluble fiber market will reach at an estimated value of USD 5.57 billion and grow at a rate of 9.00% for the forecast period of 2021 to 2028. Growing health consciousness among consumers is a vital factor driving the growth of bio-soluble fiber market.
Rising digestive problems among population is the vital factor escalating the market growth, also rising awareness about the benefits of bio-soluble fiber, increasing easy availability of the raw material, rising demand for good quality edible food for farm animals, increase in the popularity of bio-soluble fibers in end-use enterprises including the petrochemical and power ventures, increasing material generation and increasing demand for functional food among people are the major factors among others driving the bio-soluble fiber market. Moreover, rising consumer awareness about value-added product, rising research and development activities in the market and rising demand from the emerging economies will further create new opportunities for the bio-soluble fiber market in the forecast period of 2021- 2028.
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The major players covered in the bio-soluble fiber market report are Roquette Frères, Batory Foods, Tate & Lyle, Taiyo International, Shimizu Chemical Corporation, Taiyo Kagaku India Pvt Ltd, TIC Gums, Inc., Shandong Guangming Super Refractory Fiber Co., Ltd, Nexira, Nestlé Health Science, Emsland Group, Vippy Industries Ltd., ADM, , FENCHEM, PMV Nutrient Products Pvt Ltd., Fiberstar, Cargill, Incorporated., Wacker Chemie AG, Psyllium Labs LLC, DuPont and Trespa among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Scope of the Bio-Soluble Fiber Market Report:
The bio-soluble fiber market is segmented on the basis of end-user, source and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on end-user, the bio-soluble fiber market is segmented into ceramics and glass, petrochemical, power and others.
- Based on source, the bio-soluble fiber market is segmented into oats, barley, chia seeds, legumes and others.
- The bio-soluble fiber market is also segmented on the basis of application into functional foods & beverages and pharmaceuticals.
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Bio-Soluble Fiber Market Regional Analysis/Insights
The Bio-Soluble Fiber market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Bio-Soluble Fiber market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Bio-Soluble Fiber within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Bio-Soluble Fiber market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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