Soy Polysaccharides Market Latest Trends, Demand and Analysis 2019 - 2029
Public concern about the health effects of dietary fiber has prompted a substantially growing market of calorie-reduced and high-fiber products such as soy polysaccharides. Soy polysaccharide is a carbohydrate that is decomposed by hydrolysis into multiple molecules of monosaccharides, manufactured from soy that has not been modified genetically. Used in the nutrient industry for its natural origin and formulation benefits, soy polysaccharide prominently appeals to the health-conscious consumers as it contains no sugar or starch. A flavored and light-colored soy polysaccharides has recently been introduced in the baking applications for production of consumer acceptable and nutritionally improved bread.
Also, water-soluble soy polysaccharide contains galactose, arabinose, fucose, galacturonic acid rhamnose, xylose, and glucose. The key function by which soluble soy polysaccharides created a revolution in the food industry is the stabilization of acidic dairy beverages. Some of the health benefits associated with soy polysaccharides are reduction of cholesterol, fortifying dietary fiber, and acts as fat reducer. Soy polysaccharides also help human body to absorb the calcium and potassium. Growing demand of soy polysaccharides in developing countries to produce the thinner textured drinks also expected to upsurge the growth of soy polysaccharides market. Soy polysaccharide in gaining tremendous popularity in the market with the growing consumption of dietary fibers and low-calorie products over the years.
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Soy Polysaccharides Market:
Dynamics:
Manufacturers have been moving up the value chain; for instance, companies are transitioning from being pure milk producers to offering a wide range of numerous dairy products. The companies, both global and domestic, have been focusing on product innovation to cater consumer demands, while also introducing international flavors. Subsequently, supporting the demand growth of soy polysaccharides. Moreover, policy supports such as mega food parks, Agri Export Zones to attract FDI will squarely impact the demand for soy polysaccharides. At a macro-level, rising disposable incomes, urbanization, and changing lifestyles are set to bolster the demand for soy polysaccharides.
Additionally, soy polysaccharides are also used in the development of dietary fibers. An increase in healthcare spending and consumption of dietary fibers can be attributed to increased disease prevalence, changes in demography, and upsurges in spending per encounter, which augmented the demand for soy polysaccharides.
In some cases, usage of soy polysaccharides is become the reason of allergy sue to the effect of proteins-polysaccharides and proteins lipid interactions. One of the major problem with the soy polysaccharides is the detrimental effect of this high fiber product on sensory and physical properties of food. Stringent government regulations regarding to the soy polysaccharides and precautionary majors are expected to hamper the soy polysaccharides market growth.
Soy Polysaccharides Market:
Segmentation:
Soy Polysaccharides market can be segmented on the basis of grade and applications
On the basis of grade soy polysaccharides market can be segmented as
- Food Grade
- Pharma Grade
On the basis of applications soy polysaccharides market can be segmented as
- Food Products (Rice etc.)
- Dairy Products
- Bakery
- Confectioners and Desserts
- Pharmaceutical
Soy Polysaccharides Market:
Regional Outlook:
Incomes have risen at a brisk pace in India and will continue to rise against the backdrop of the country’s strong economic growth prospects, thereby, mirroring the positive insignia for the growth of soy polysaccharides market. Nuclear families and dual income households prevailing in ASEAN countries will also surge the demand for dairy products and subsequently, soy polysaccharides. North America region is estimated to remain prominent in the soy polysaccharides market, owing to the high consumption of bakery and confectionary products in the region. Latin America and MEA regions are expected to deliver moderate growth in the soy polysaccharides market.
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Soy Polysaccharides Market:
List of Market Participants:
Examples of some of the key participants in the soy polysaccharides market recognized across the value chain include
- JRS PHARMA GmbH + Co. KG
- IIC AG
- FUJI OIL HOLDINGS INC.
- PINGDINGSHAN JINJING BIO-TEC CO,LTD
- Gushen Biological Technology Group
- Yiming Biological Products