South Korea Soluble Dietary Fibre Market Share, Growth, Analysis, Research: By Source: Fruits and Vegetables, Grains and Cereals, Nuts and Seeds, Others; By Type: Inulin, Pectin, Others; By Application: Functional Food and Beverages, Animal Feed, Pharmaceuticals, Others; Competitive Landscape: Industry Events and Developments; 2023-2028

South Korea Soluble Dietary Fibre Market Outlook

The South Korea soluble dietary fibre market size reached a value of more than USD 83.6 million in 2022. The South Korea soluble dietary fibre industry is expected to grow at a CAGR of 4.20% between 2023 and 2028, reaching a value of USD 87.1 million by 2028.

Key Trends in the Market

The indigestible component of plant matter known as dietary fibre is divided into two primary categories. In the gastrointestinal tract, soluble fibre creates viscous gels because it is easily dissolved in water and dispersible in it. As food passes through the gastrointestinal system, insoluble fibre is retained intact because it does not dissolve in water. Several food items, such as peas, oats, apples, citrus fruits, carrots, and psyllium, among others, contain soluble fibre.

The Growing Preference for Organic, Natural and Healthy Food Products to Bolster the Soluble Dietary Fibre Market in South Korea

The COVID-19 pandemic resulted in a drastic shift in the dietary habits of people, and they became much more inclined towards natural food items that are healthy as well as environmentally friendly. People have started putting their health first by opting for healthy and functional foods to improve their immunity and stay fit. Therefore, the pandemic created numerous growth opportunities for the companies to cater to this need and launch more organic, natural, clean-label food items that are also high in soluble fibre. Although the market experienced a slowdown in terms of transportation and supply during the temporary lockdown and quarantine period, it is now reviving and is expected to continue growing steadily during the mentioned forecast period.

Growing Ailments, Sedentary Ways of Living, and Lifestyle Disorders to Augment the Market of Soluble Dietary Supplements

The term "lifestyle disorders" refers to conditions whose development is mostly dependent on a person's daily routine and results from an unsuitable interaction between that person and their surroundings. Bad eating habits, inactivity, poor posture, and a disrupted biological clock are the major causes of lifestyle illnesses. The western way of life, which is defined by frequent consumption of fast food and prolonged usage of TV, smartphones, and computers, is having a negative impact on both children and adults and is leading to an increase in the number of overweight and sedentary individuals with several sedentary disorders. Several lifestyle disorders, such as diabetes, hypertension, and obesity, among others, are on the rise, which is increasing the demand for food products with high fibre content and thus aiding the soluble dietary fibre market in South Korea.

Hectic lifestyle and Longer Working Hours are Propelling Koreans to Invest in Health Supplements aiding the growth of the Soluble Dietary Fibre Market

An average person in South Korea tends to work up to 55 hours per week, which makes them one of the busiest nations in the world. Hustle culture in South Korea generally requires employees to work longer hours than in comparison with other countries within the Organization for Economic Co-operation and Development (OECD). Average working hours in Korea are 17% higher than the OECD average. This busy lifestyle motivates consumers to opt for healthy food options in order to maintain their health status. This factor encourages the consumption of soluble fibre-rich foods, thereby boosting the market for soluble dietary fibre in South Korea. Moreover, High disposable income and improved standard of living also aid in the development of soluble dietary fibre in the country.

Health Benefits  of Soluble Dietary Fibre is Boosting their Demand in South Korea

Since soluble fibres of all kinds delay digestion, your body takes longer to absorb glucose from the meals consumed. This aids in preventing abrupt blood sugar fluctuations, a crucial aspect of diabetes management. Additionally, soluble fibres bond with fatty acids, eliminating them from the body and assisting in the reduction of LDL (bad) cholesterol. Low-density lipoprotein, or "bad," cholesterol levels may be decreased by soluble fibre contained in beans, oats, flaxseed, and oat bran, which may help lower overall blood cholesterol levels. Aside from lowering blood pressure and inflammation, studies have suggested that high-fibre meals may have additional heart-health advantages. However, if dietary modifications are insufficient for certain people or if they suffer from problems like diarrhoea, constipation, or irritable bowel syndrome, they may still require a fibre supplement. Consuming a fibre-rich diet or supplements also aids in the prevention of cardiovascular disease, hypertension, type 2 diabetes, and other diseases. These disease-prevention properties bolster the consumption of high-fibre foods, thereby augmenting the growth of the soluble dietary fibre market in South Korea.

Market Analysis

Based on Source, the South Korea soluble dietary fibre market of South Korea is segmented into fruits and vegetables, grains and cereals, and nuts and seeds, among others. On the basis of types, the soluble dietary fibre market of South Korea can be bifurcated into inulin and pectin, among others. Based on applications, the South Korea soluble dietary market can be divided into functional food and beverages, animal feed, and pharmaceuticals, among others.

• Samyang Corporation

• Daesang Corporation

• Roquette Frères S.A

• Cargill, Incorporated

• Dupont (Nutrition & Biosciences)

• Ingredion Incorporated

• Archer Daniels Midland Company

• Others

Market Share by Source

The rising awareness regarding ways to maintain physical health and the consumption of fruits and vegetables, grains and cereals, nuts, and seeds, among other dietary fibre sources, has steadily increased. The concept of a balanced diet is now well accepted, which has resulted in adequate consumption of all food groups among all ages. Apart from vegetables and fruits, nuts and seeds, and cereals, consumption is soaring due to the numerous amounts of nutrients present in them, such as high protein, fibre, antioxidants, vitamins, minerals, and unsaturated fats, among others. The balanced consumption of them also aids in preventing micronutrient deficiencies and many non-communicable diseases, which will provide significant impetus to the growth of all segments in the soluble dietary fibre industry of South Korea.

Market Share by Type

With the rising prevalence of smartphone and internet usage, people are now aware of the health benefits of consuming a high-fibre diet. Many health-conscious people often include a high-soluble fibre diet, which helps reduce their appetite and promotes the process of losing fat. This factor has greatly increased the sales of inulin and pectin, among other soluble fibres in the market.

Numerous plant-based foods include inulin, a prebiotic fibre. Enzymes necessary for breaking down inulin  are not produced by the human body. Food moves through the digestive tract to the large intestine, where it nourishes gut bacteria, rather than being digested in the stomach and small intestine. In addition to supplements, inulin may be found in a variety of fruits and vegetables, including onions and garlic. Pectin and dietary fibres in general are thought to provide several health benefits, including improved stomach emptying, improved physical bowel function, increased faecal bulk, and reduced glucose and cholesterol absorption. Pectin  is a known prebiotic that is resistant to pepsin, trypsin, and rennet and is not broken down by either human saliva or stomach acid. Pectins from various sources, such as apples or citrus, have been shown in several studies to be beneficial carbon sources for gut flora. Because of these advantages, both types appear to have continued positive growth in the forecast period.

Market Share by Applications

This market's quick expansion is ascribed to a number of factors, including its effectiveness in lowering costs and adverse effects as well as the rising popularity of oral doses over injection methods. The majority of people obtain both forms of fibre via their diets and supplements. The vitamin may be obtained by people from fruits, vegetables, nuts, legumes, and grains. To increase the amount of fibre in supplements or fortified meals and beverages, "functional" fibre is taken from its natural sources. Fibre supplements can assist close the gap when a person's diet falls short of meeting their needs. Furthermore, research indicates that the majority of individuals only consume around half of the recommended daily intake of fibre, which is insufficient for most people. This drives the sales of functional food and beverages and pharmaceuticals, among others. The diverse applications of soluble dietary fibre boost its demand in numerous industries such as pet care, pharmaceuticals, functional food and beverages, among others, thus aiding the growth of the soluble dietary fibre market in South Korea.

Competitive Landscape

Samyang Corporation - The Samyang Corporation is a multifaceted organization. The company's main areas of interest include chemicals, including engineering plastics, which include industrial fibres, plastic bottles, and ion exchange resins, as well as the food industry, which includes sugar, flour, baking mixes, vegetable oils, margarine, etc. Samyang Group has expanded into the wheat milling, sugar manufacturing, and synthetic fibre markets since the firm was founded in 1924. By providing food, clothes, and shelter, the company has significantly aided in raising the standard of living in Korea and the growth of the national economy.

Daesang Corporation - Daesang Corporation produces culinary spices, fermentations, sugars, starches, coffee, fodder, and bulk medicinal components. The business also builds infrastructure, environmental facilities, and commercial structures. Daesang Corporation was founded in 1956 using only domestic resources and technology. For 60 years, the firm has been ranked as one of the top three fermentation-only companies in the world and the best general food company in Korea.

Key Highlights of the Report

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.