Vietnam Soluble Dietary Fibers Market is expected to witness robust growth by 2024, owing to the growing adoption of inulin as a fat replacement as well as a flavour enhancer by food manufacturers to provide nutrient rich foods for the health-conscious population. Moreover, the increasing use of soluble dietary fibers in animal feed will propel the growth of the market further. Additionally, the widespread use of soluble dietary fibers such as oats, carrots etc for weight loss and weight management is expected to drive the growth of the market in the next five years. Based on the type, the inulin segment is expected to grow at the highest CAGR by 2024, due to its various health benefits and extensive use as an additive, flavour enhancer and as replacement of fats & sugar in bakery, frozen dairy desserts, and confectionery products. Based on application, functional foods & beverages leads the market and is expected to maintain its position during the forecast period owing to the rising applications for obtaining varied functional properties in food products such as confectioneries, beverages and processed foods.
Years considered for this report
Historical Year 2014-2017
Base Year 2018
Estimated 2019
Forecast 2020-2024
Objective of the Study
- To analyse and forecast the market size of Vietnam Soluble Dietary Fibers Market, in terms of value.
- To classify and forecast Vietnam Soluble Dietary Fibers based on type, source, application and regional distribution.
- To identify drivers and challenges for Vietnam Soluble Dietary Fibers Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Soluble Dietary Fibers Market.
- To conduct the pricing analysis for Vietnam Soluble Dietary Fibers Market.
- To identify and analyse the profile of leading manufacturers in the Vietnam Soluble Dietary Fibers Market.
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Some of the leading players in the Vietnam Soluble Dietary Fibers Market are Cargill, Archer Daniels Midland, E.I. Du Pont De Nemours and Company, Südzucker AG, Ingredion Incorporated, Roquette Frères S.A., Tate & Lyle PLC, Kerry Group PLC, Tereos, Royal Cosun, Frutarom Industries Ltd., Nexira etc.
TechSci Research
TechSci Research calculated the market size of Vietnam
Key Target Audience
- Soluble Dietary Fibers Manufacturers
- Soluble Dietary Fibers Dealers, Distributors and Suppliers
- Regulatory organizations.
- Raw material suppliers and distributors.
- Research organizations and consulting companies.
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
