Soluble Fibre Ingredients – Global Market Study
Market Insights – EU28 Publication: January 2017
www.giract.com GIRACT www.giract.com GIRACT - Introduction
Active since 1970 (Gira) and 1989 (Giract) in market research and consultancy
Additives/ingredients for Food & Drink Industry
Fine Chemicals/Pharmaceuticals and Intermediates
Associated Technologies from biotech to packaging, process, medical engineering, waste recycling…
Nutrition and Health focus for research, consultancy and strategy planning
New focus into developing markets – Asia, Eastern Europe, Latin America, Middle East and Africa
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Selected Global Clients
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Report Objectives
• To quantify the current market demand and to forecast volumes, market values and
trends to 2020 for the end products and for soluble fibre ingredients
• To understand the choice – the “why” and “why not” – for the use of a fibre, and to
identify potential novel fibre ingredient alternatives based on in-depth user
interviews
• To identify the ingredient producers and to assess their strategies
• To establish the supply scenario of the selected soluble fibres
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Scope
• Geography:
Supply and Demand - USA/Canada; Brazil; EU-28/Norway/Switzerland; Russia/Ukraine; China, Asia-Pacific (Singapore, Indonesia, Malaysia, Thailand, Vietnam, South Korea, Australia)
Supply only - Latin America (outside Brazil) and Japan - market overviews
• Ingredients:
Inulin, oligosaccharides (OS) such as fructo- and galacto-OS, isomalto-OS, XOS, galactofructose, polydextrose, resistant starch, resistant maltodextrin, soluble corn fibre, beta glucan-rich fibre, tagatose, cellulosic fibres, psyllium, hydrolysed gums, chitosan, and konjac
• Demand Sectors
Dairy, drinks, diet foods, bakery/cereals/bars, baby/infant formula, other food, petfood and animal feed (as prebiotics), supplements (capsules, etc.)
• Timescale: 2015 - 2020
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com ResearchRESEARCH Process METHODOLOGY
Data values, Data values, Trends GIRACT Trends Analysis
Market Scenario Trends Internal Questionnaire Business Strategy Reports Preparation
Industrial Government Insights from Interviews by Association Publications Webinars Email Briefings SECONDARY PRIMARY RESEARCH RESEARCH
Newsletters/ Scientific Online Telephonic Journals Publications Surveys Interviews
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Key Data PointsKEY DATAFrom SOURCES Sources
DATA VALUES FROM SECONDARY SOURCES DATA VALUES FROM PRIMARY SOURCES
• Details on product portfolio • Market shares – companies & products
• News on research & development, • Product trends
market trends • Price trends
• Commodity prices • Dosage/Penetration values
• Mergers, Acquisitions, Partnerships, • Growth prospects of market/products Collaborations and Investment details • Drivers, Restraints, Challenges, • Details for company profiles Opportunities
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Soluble Fibre Ingredients Industry – Overview
North America • Fibre is usually associated with ‘whole-grain’ products (containing insoluble fibre) while soluble fibres are used as a technological aid in producing low-fat or sugar reduced foods Market Share, by Geography Europe • Interest in the prebiotic effects of soluble fibres has been extinguished by restrictions on health and nutrition related claims
China • Production and use of soluble fibres is developing rapidly with production of inulin, GOS, and XOS emerging alongside established sources of FOS, IMOS and more unusual fibres such as chitosan or konjac
Japan • Has long been the reference market for prebiotic fibre with a tradition of use and a wide range of different types of fibres manufactured and used
North America EU28 Asia-Pacific China Japan ROW Asia-Pacific • Australia is an important supplier of GOS. The fast developing nations in the ASEAN region are becoming increasingly important consumers of fibre ingredients
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com European Food Industry
European Food Industry & Opportunities
GENERAL FOOD INDUSTRY OPPORTUNITIES
• Opportunities exist for companies that wish • Comprises about 310 000 companies and to increase productivity, by making employs about 4.8 mio people economies of scale • It is the second largest (after metal) in • Innovation is a key weapon to stimulate manufacturing industry in Europe, with continued growth 14.5% of total manufacturing turnover (about EUR 917 bio for EU28) • Strengthening of the supply chain has been one of the important focus strategies in the • The industry is quite fragmented last few years • Over 90% of all firms in the European food • “Go Natural”, Clean Label, Sustainability and sector are small and medium sized Allergen-free are some of the key trends in enterprises (SMEs) the ingredients market
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Soluble Fibres Use in the European Foods
DAIRY •Yogurts, yogurt drinks and milk drinks are the key end-use products that use soluble fibres •FOS, inulin, polydextrose, GOS, resistant dextrin are the soluble fibres that are mainly used
DRINKS •No penetration in CSDs •Negligible use in high-carb hypertonic drinks •Inulin is used in protein shakes, in a few energy recovery drinks and oat drink
DIET (SLIMMING FOODS) •Soluble fibres are used due to their overall role in maintaining gut/digestive health •Inulin, FOS, Konjac and polydextrose are some of the soluble fibres used
BAKERY •Used in breads either for “high in fibre claims” or for replacing wheat gluten •Inulin, polydextrose, resistant starch, resistant dextrin, oat beta glucan and psyllium husk are used
OTHERS •Inulin, FOS and oat beta-glucan is witnessed in breakfast cereal products to a small extent •GOS and FOS are used in infant formula products •Soluble fibres are also used in low-fat ice-cream, diabetic jams, low calorie confectionery products and medical nutrition products
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Legislation
General Food
• The EU Directive 90/496/EEC states that a • Most insoluble fibre and soluble fibres fibre has been traditionally consumed as have obtained a food ingredient status at plant material and has one or more the EU level, but label declarations are still beneficial physiological effects controlled by individual countries • The legislation states that the energy • Infant foods are subject to special, and conversion value for all fibres under the more restrictive, legislation definition shall be 2 kcal/g • Within EU law, distinction is drawn • In 2009, EFSA proposed the statement that between ingredients, additives, and novel 25g per day of dietary fibre are adequate LEGISLATION foods Dietary fibre ingredients for normal bowel function in adults • Novel Food status applies even to an • A Source of Fibre is defined as: A claim earlier approved ingredient/additive if the that a food is a source of fibre may only be product is being proposed for a novel made where the product contains at least function 3g of fibre per 100g or at least 1.5g per 100Kcal • In case of an approval by the EU for a Novel Food, the EU Commission issues a • A claim that a product is rich in fibre may Commission Decision and this decision is be made if the product contains 6g of fibre addressed to a named company or person per 100g or 3g of fibre per 100Kcal
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Soluble Fibre Ingredients Market – EU28
Table Soluble Fibre Ingredients Market Overview in EU28
Criteria Measure
Volume (tons)
Forecast Volume to 2020 (tons)
CAGR 2015-2020 (%)
Price range (USD/kg), by product
Competitor base
Key competitors
Customer base
Key customers
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Supply – Current Production
Table European Food Industry & Opportunities
glucan
-
Inulin FOS GOS* Polydextrose Fibre Corn Soluble Dextrin Resistant Resistant Starch Beta fibre rich Tagatose Galactofructose Chitosan Konjac
Beneo Orafti __00_
Sensus _7__0
Cosucra __00 _9_0
Béghin Meiji __00 1_0
Company E __7__ _00_
Company F _1_0
Total
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Supplier Market Share
Market Share, by Supplier • Beneo, a leading producer of inulin and FOS in Europe
• FrieslandCampina is a leading producer of GOS • Sensus, a part of Royal Cosun Group, produces and markets inulin and FOS
• Cosucra, produces inulin, mainly targeting applications including dairy, bakery, others
• Fresenius Kabi, produces Lactulose for pharma applications
• Produces and markets resistant dextrin under Nutriose Beneo Orafti FrieslandCampina Sensus Cosucra Fresenius Kabi Béghin Meiji • Tate & Lyle produces Promitor, a gluco-fibre or Tate & Lyle Abbott Roquette Others resistant dextrin
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Trade and Availability
Table European Food Industry & Opportunities tons
Production Import Export Availability Inulin FOS __6__ Galacto-OS XOS-OS Galactofructose Polydextrose Resistant starch ___0 Resistant Dextrin/ Maltodextrin __0_ Soluble Corn fibre Beta-glucan rich fibre Tagatose Psyllium Hydrolysed guar gum __7_ Chitosan Konjac Gum Arabic/Acacia Gum __4__ IMOS _00 Total ___9__ ___65 Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Indicative Prices
Table Prices of Different Soluble Fibre Ingredients in 2016
EUR/kg Inulin – powder (pet food grade) Inulin – powder (food grade) Inulin (low sugar) FOS powder FOS syrup Galacto-OS syrup Galacto-OS powder (30% GOS) Galctofructose (lactulose) 50% syrup Galctofructose (lactulose) 74% powder Polydextrose (liquid) Polydextrose (powder) Resistant starch Resistant dextrin/maltodextrin Soluble corn fibre Beta-glucan rich fibre (10-15% beta-glucan) Beta-glucan rich fibre (15-22% beta-glucan) Beta-glucan rich fibre (22-30% beta-glucan) Tagatose Psyllium Hydrolysed guar gum Chitosan Konjac Acacia gum/gum arabic (as technical ingredient) Acacia gum/gum arabic (dietary fibre content of over 85%) Source: Giract, based on interviews
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Demand and Forecast
Figure Current Demand and Forecast of the Global Market
Demand in Tons CAGR
CAGR Demand in Tons in Demand
2011 2015 2020 Year
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Current Demand
Figure Demand for Soluble Fibres by Application Area – Europe 2015 tons
Pet Food & Dairy Drinks Diet Foods Bakery Cereals Inf. Nutri. Other Food Supple. Total Feed Inulin FOS Galacto-OS IMOS XOS-OS Polydextrose Soluble Corn Fibre Resistant dextrin/maltodextrin Resistant Starch Beta-glucan rich fibre Psyllium Hydrolsed Guar Gum Tagatose Galactofructose (Lactulose) Chitosan Konjac Gum Arabic/Acacia Gum Total Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Inulin Market
Figure Inulin Market Scenario – End-use Demand & Forecast
Inulin Demand in 2015, by Volume Inulin Current & Demand Forecast, by Volume Volumein Tons
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com FOS Market
Figure FOS Market Scenario – End-use Demand & Forecast
FOS Demand in 2015, by Volume FOS Current & Demand Forecast, by Volume Volumein Tons
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Galacto-OS (GOS) Market
Figure GOS Market Scenario – End-use Demand & Forecast
GOS Demand in 2015, by Volume GOS Current & Demand Forecast, by Volume Volumein Tons
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Polydextrose Market
Figure Polydextrose Market Scenario – End-use Demand & Forecast
Polydextrose Demand in 2015, by Volume Polydextrose Current & Demand Forecast, by Volume Volumein Tons
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Resistant Starch Market
Figure Resistant Starch Market Scenario – End-use Demand & Forecast
Resistant Starch Demand in 2015, by Volume Resistant Starch Current & Demand Forecast, by Volume Volumein Tons
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Resistant Dextrin/Maltodextrin Market
Figure Resistant Dextrin/Maltodextrin Market Scenario – End-use Demand & Forecast
Res. Dextrin Demand in 2015, by Volume Res. Dextrin Current & Demand Forecast, by Volume Volumein Tons
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Soluble Corn Fibre Market
Figure Soluble Corn Fibre Market Scenario – End-use Demand & Forecast
Sol. Corn Fibre Demand in 2015, by Volume Sol. Corn Fibre Current & Demand Forecast, by Volume Volumein Tons
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Beta-Glucan Rich Fibre Market
Figure Beta-Glucan Rich Fibre Market Scenario – End-use Demand & Forecast
Beta-Glucan Demand in 2015, by Volume Beta-Glucan Current & Demand Forecast, by Volume Volumein Tons
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Demand Forecast
Figure Demand for Soluble Fibres by Application Area – Europe 2020 tons
Pet Food & Dairy Drinks Diet Foods Bakery Cereals Inf. Nutri. Other Food Supple. Total Feed Inulin FOS Galacto-OS IMOS XOS-OS Polydextrose Soluble Corn Fibre Resistant dextrin/maltodextrin Resistant Starch Beta-glucan rich fibre Psyllium Hydrolsed Guar Gum Tagatose Galactofructose (Lactulose) Chitosan Konjac Gum Arabic/Acacia Gum Total Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Current & Forecast Demand in End-Use Applications
Figure Current Demand and Forecast of Soluble Fibre Ingredients
2015 2020
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com Drivers & Restraints for the Market Growth
S. No DRIVER
1 Key trends such as ------
2 Ability to produce ------
3 Health benefit ------
S. No RESTRAINT
1 ‘Anti-prebiotic’ stance of ----- in Europe
2 Restriction of certain fibres in ------in a few countries
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com For more information, please contact
Dr. V. Krishnakumar Dr. Russell Ward
GIRACT 24, Pré-Colomb 1290 Versoix/Geneva Switzerland Tel: + 41 22 779 0500; Fax: + 41 22 779 0505 Email: [email protected]; Web: www.giract.com
Soluble Fibre Ingredients www.giract.com GIRACT Market Insights – EU28 www.giract.com