Soluble Fibre Ingredients – Global Market 2018 - 2023
Supply | Demand | Forecasts | Trends
Published: May 2019
Soluble Fibre Ingredients www.giract.com Marketing Insights- EU28 www.giract.com GIRACT - Introduction
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 Market Insights- EU28 www.giract.com Selected Global Clients
Selected Global Clients
Soluble Fibre Ingredients www.giract.com Marketing Insights- EU28 www.giract.com Research Process
Giract Analysis
Primary Secondary Research Research
Questionnaire Internal Preparation Market Scenario Reports Trends Interviews Business Strategy Industrial Association by Email Briefings
Telephonic Scientific Interviews Publications
Online Surveys Newsletters/ Journals
Insights from Government Webinars Publications
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Key Data Points From Sources
DATA VALUES FROM PRIMARY DATA VALUES FROM SECONDARY SOURCES SOURCES
• Details on product portfolio • Market shares – companies &
• News on research & development, products
market trends • Product trends
• Commodity prices • Price trends
• Mergers, Acquisitions, Partnerships, • Dosage/Penetration values
Collaborations and Investment • Growth prospects of market/products
details • Drivers, Restraints, Challenges,
• Details for company profiles Opportunities
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Objectives
To identify the ingredient producers To track price movements and to establish the supply scenario and analyse reasons of the selected soluble fibres
To quantify the current To understand the choice – market demand and to the “why” and “why not” – for forecast volumes, market the use of a fibre, and to values and trends to identify potential novel fibre 2023 for the end ingredient alternatives based products and for soluble on in-depth user interviews fibre ingredients
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Scope
GEOGRAPHICAL PRODUCTS MARKETS END-USE SECTORS (SUPPLY & DEMAND)
Inulin, oligosaccharides (OS) USA/Canada; Brazil; such as fructo- and galacto- EU-28 /Norway/ Switzerland; Dairy, drinks, diet foods, OS, isomalto-OS, XOS, Russia/Ukraine; China, India, galactofructose, bakery /cereals/bars, Asia-Pacific (Singapore, polydextrose, resistant baby/infant formula, other Indonesia, Malaysia, Thailand, starch, resistant food, pet food and animal Vietnam, South Korea, maltodextrin, soluble corn feed (as prebiotics), Australia) fibre, beta glucan-rich fibre, supplements (capsules, tagatose, cellulosic fibres, Market Overviews Latin etc.) psyllium, hydrolysed gums, America (outside Brazil) and chitosan, konjac Japan – market overviews (focus on supply)
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Timeline, Publication, Subscription
PUBLICATION June 2019
TIMELINE Current – 2018 Demand Forecasts – 2023
SUBSCRIPTION Full Report EUR 34950
www.giract.comwww.giract.com Glossary
• EFSA – European Food Safety Authority • FDA – Food and Drug Administration • EU 28 - 28 Member states of the European Union (2019) • FOS – Fructo-oligosaccharide • GOS – Galacto-oligosaccharide • IMOS – Isomalto-oligosaccharide • XOS - Xylo-oligosaccharide • MOS – Mannan-oligosaccharide • Soy-OS – Soy-oligosaccharide
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Current Trends
Inulin, polydextrose and fructo- 01 oligosaccharides (FOS) are the popularly consumed soluble fibres all over the world
However, supply market is challenged by shortage of raw materials as well as price 02 fluctuations
In Asia-Pacific, Australia and South Korea are important supplier of GOS and Current FOS/polydextrose respectively. The fast- 03 developing nations in the ASEAN region are Trends becoming increasingly important consumers of fibre ingredients Bakery, infant and clinical nutrition and dairy 04 have been largely consuming soluble fibres (mainly inulin, FOS and GOS), followed by drinks/beverages FOS's sweet flavor makes it a common choice for alternative sweeteners and hence commonly added to beverages and syrups as a sweetener
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Technical Functionality
Technical Functionality
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Main Driving Forces
Food manufacturers are re-engineering the formulations based on the strategies chosen, or even to create new products, taking advantage 01 of the characteristics and properties of the soluble fibres and other fibre ingredients available in the market
European consumer trends and innovation are driven by various 02 factors such as consumer demand for pleasure, variation of senses and sophistication from foods
Health trends such as natural, medicinal, organic and vegetarian 03 have also grown dynamically in Europe
As per research conducted by Tate & Lyle on fibre intake in EU28+CH+NO, around 44% of European consumers to add more fibre 04 to their diet. This confirms the rising demand for fibre ingredients in the region
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Legislation
❖ In 2009, EFSA proposed the statement that 25g per day of dietary fibre are adequate for normal bowel function in adults ❖ In October 2009, EFSA published the first series of opinions providing scientific advice for more than 500 “general function” health claims on a draft list of 4185 claims submitted to EFSA by the European Commission between July and December 2008 ❖ GuarEFSA classifies FOS and inulin as non-digestible substance in the human ❖ Gum (E 412) is authorized as a food additive in the European Union (EU) in accordance with Annex II and Annex III to Regulation (EC) No 1333/2008 on food additives ❖ D-tagatose has been approved for use in EU28+CH+NO with varying of restrictions
Permitted Claims ❖ According to Regulation (EC) No 1924/2006 (EC 2006), nutrition claims are permitted for fibre as below: - Source of fibre : A claim that a food is a source of fibre may only be made where the product contains at least 3g of fibre per 100g or at least 1.5g per 100Kcal - A claim that a product is rich in fibre may be made if the product contains 6g of fibre per 100g or 3g of fibre per 100Kcal ❖ EU Regulation 1169/2011 on food information to consumers states that the amount of dietary fibre can be among the nutritional information on pre-packed foods to be provided to the consumers (EU 2011)
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Current Production
Current Production
tose
-
glucan richglucan
- FOS
Company Inulin
Beta GOS Polydextrose Resistant Starch Galactofruc Resistant Maltodextrin Soluble fibre corn fibre Tagatose Cellulosic fibres gum Acacia HydrolysedGum Chitosan Konjac Others Total
BeneoOrafti
Sensus
Cosucra
Béghin Meiji
Company X
Company Y
Total
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Supplier Market Share
Supplier Market Share
Company Share Insights
• Beneo-Orafti, Sensus and Cosucra are the major producers of Inulin and FOS • Among all the soluble fibres, inulin is largely produced • Kalys is the only supplier that produces Konjac • FrieslandCampina is the largest producer of GOS • Tate & Lyle is the only producer of Soluble corn fibre
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Trade and Availability
Trade and Availability (tons) INGREDIENT PRODUCTION IMPORT EXPORT AVAILABILITY Inulin FOS Galacto-OS XOS-OS Galactofructose Polydextrose Resistant starch Resistant Dextrin/ Maltodextrin Soluble Corn fibre Beta-glucan rich fibre Tagatose Psyllium Hydrolysed guar gum Chitosan Konjac Gum Arabic/Acacia Gum IMOS Total
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Indicative Market Prices
INGREDIENT EUR/kg Inulin – powder (pet food grade) Indicative Market Prices 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 analysis Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Current Demand
Pet Food & INGREDIENT Dairy Drinks Diet Foods Bakery Cereals Inf. Nutri. Other Food Supple. Total Current Demand 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 Market Insights- EU28 www.giract.com Dairy
Dairy Dairy in 2018 Insights
❖ Inulin, FOS, polydextrose, resistant starch, maltodextrin, soluble corn fibre, tagatose, acacia gum, hydrolysed gums are the soluble fibres used in this sector ❖ European chilled dairy market is valued over EUR x.5 bio in 2018 ❖ Europe is characterised by a strong dairy culture and a high consumption of milk and milk products such as cheese, yogurt ❖ Cheese and yogurts are the product categories which have recorded healthy growth in the last few years ❖ Inulin and x are also used in flavored and drinkable yogurt as a replacement for sugar
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Drinks
Drinks Drinks in 2018 Insights
❖ Inulin, ______are the soluble fibres used in this sector ❖ The beverage sector mainly comprises carbonated drinks, energy and functional beverages and fruit drinks ❖ Sugar-free/less sugar is the top concern and a customer priority in the developed and developing markets ❖ European beverage market in Europe is dominated by carbonated soft drinks (CSDs) and fruit beverages. However, there is no penetration of soluble fibres in CSDs in the region ❖ Polydextrose and fructo-oligosaccharides are used as ingredients in sports drinks ❖ There is ______of soluble fibres in dairy alternative beverages such as in a few oat drinks and soy drinks
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Diet/Slimming Foods
Diet/Slimming Foods inDiets/Slimming 2018 Foods Insights
❖ Inulin, ______are the soluble fibres used in this sector ❖ The diet foods sector includes functional beverages and nutritional bars ❖ The functional beverage market comprises of a variety of drinks such as protein beverages, Omega-3 drinks, natural-healthy energy drinks, meal replacement drinks/shakes, anti-cholesterol drinks, juice drinks enriched with functional ingredients and kefir drinks ❖ UK, ______are the leading consumers ❖ Majority of breakfast cereal manufacturers also produce functional bars as these are generally based in cereals ❖ Soluble fibres like ______are most used in this sector ❖ Inulin and x are used in meal replacement drinks/shakes, meal replacement bars and slimming/ready meals/ready-to-mix meal powders ❖ Low calorie/low-sugar/high-fibre bars make use of soluble fibres
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Bakery
Bakery in 2018 Bakery Insights
❖ Inulin, ______are the soluble fibres used in this sector ❖ The European bakery & cereal market was estimated to be worth around EUR xx bio in 2018 ❖ Bread production is relatively stable in most countries in Europe and it is also the largest consumed bakery product in Europe ❖ Germany, Italy, France, the UK, Spain, Romania and Poland are the leading consumers of baked goods in Europe ❖ Gluten free is a strong trend in Europe in bakery sector ❖ The European biscuit sector is facing pressure from a range of new and healthier snack alternatives such as snack bars and fruit snacks ❖ Soluble fibre ingredients are used in baked goods for their functional property such as bulking agent, emulsifier ❖ Use of psyllium husk as a soluble fibre ingredient is commonly used in gluten free bakery products
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Infant Formula
Infant Formula in 2018 Infant Formula Insights
❖ Inulin, ______are the soluble fibres used in this sector ❖ Global infant nutrition market is valued over USD xx bio in 2018 ❖ Infant nutrition products are exported in the last decade due to the increasing demand for quality products from Asian countries due to which the sector has grown at a higher rate ❖ Galacto-Oligosaccharides (GOS) is the dominant soluble fibre used in infant formula. Other than GOS, inulin, FOS are the predominantly used soluble fibres ❖ Use of soluble fibres in baby foods is much less prevalent as compared to that in infant formula products
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Other Food/Other Non-Food
Other Food/Non-FoodOther in 2018 Food/ Other Non FoodInsights
❖ Inulin, ______are the soluble fibres used in this sector ❖ The other food sector includes confectionery, ice cream, processed cheese and clinical/medical nutrition ❖ The other non-food sector include pharmaceuticals ❖ Soluble fibre use in ice-cream is limited to low-fat ice cream, as aforementioned, and inulin has been seen to have some penetration in this niche segment ❖ Soluble fibres such as inulin are rarely used in a few diabetic/no-sugar added/less-sugar jams ❖ Other soluble fibres such as tagatose and lactulose are used in pharmaceutical products
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Pet Food
Pet Food Pet Food in 2018 Insights
❖ Inulin, ______are the soluble fibres used in this sector ❖ Over x mio tons of pet foods are sold every year and amounts to EUR 20.5 bio ❖ Pet foods contains probiotic cultures as zootechnical feed additives and positively influences the gut microbiota and reduce the use of antibiotics in pets ❖ Leading markets for dog and cat food in Europe are Germany, UK, France, Italy, Spain and the Netherlands ❖ FOS and inulin are essentially used in organic and premium ranges of pet food which constitute around 1% of total pet food in EU28+CH+NO region
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Animal Feed
Animal Feed in 2018 Animal Feed Insights
❖ Inulin, ______are the soluble fibres used in this sector ❖ Animal feed volume in Europe is estimated to be more than xxxkt in 2018 ❖ Germany, France and Spain are the leading animal feed producing countries in Europe ❖ The growth of the animal feed sector is mainly linked to trends in meat consumption ❖ There is use of inulin/FOS in calf feed (as part of calf milk replacers and concentrate feed) and in horse/pig feed to strengthen the animal’s immune system ❖ Mannan oligosaccharides is a type of probiotics extracted from yeast cell walls. It is used extensively as a feed supplement
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Dietary Supplements
Dietary Supplements in 2018Dietary Supplements Insights ❖ Inulin, ______are the soluble fibres used in this sector ❖ Total food and dietary supplement market in retail sales valued at EUR 6.6 bio in 2018 ❖ This sector includes capsules, powders, tablets and pastilles that use soluble fibres for fat absorption and prebiotic effect ❖ Combination of prebiotics with probiotics is seen in supplements as prebiotic fibres support growth of probiotic bacteria ❖ GOS and Psyllium husk are majorly used in this sector ❖ Some relatively less used soluble fibres are konjac (in slimming supplements), Chitosan and IMOS
Source: Giract, based on analysis
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Demand Forecast
Pet Food & Dairy Drinks Diet Foods Bakery Cereals Inf. Nutri. Other Food Supple. Total Demand Forecast 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 Market Insights- EU28 www.giract.com Current and Forecast Demand
Current 2018Current and Forecast DemandForecast 2023
Source: Giract, based on analysis Source: Giract, based on analysis
Inulin, FOS, GOS, IMOS,XOS, Galactofruc-tose, polydextrose. Resistant starch, Resistant maltodextrin, soluble corn fibre, beta-glucan rich fibre, tagatose, cellulosic fibres, psyllium, acacia gum, hydrolysed gums, chitosan, konjac, others (MOS) are the soluble fibres covered in this study.
Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com Thank You
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Soluble Fibre Ingredients www.giract.com Market Insights- EU28 www.giract.com