Prebiotic Ingredient Market 2019-2024 Report by Player, Region, Type, Application and Sales Channel
Top players: Beneo-Orafti SA, Tereos Group, Ingredion Inc., Cargill Inc., DowDuPont Inc., Royal Freisland Campina NV
Global Prebiotic Ingredient Market Research Report 2019 is created to provide the market landscape and unlimited guideline about contemporary market size, share, driving factors, trends, progressive growth, and dominant players of the Prebiotic Ingredient market. The report serves overall information on the market to top manufacturers, distributors, traders, dealers. It will help them understand the product scope, market overview, market driving force, technological advancement, market risk, opportunities, and research findings.
Prebiotic ingredients are the non-digestible food ingredients used in the gut to increase populations of healthy bacteria, aid digestion, and enhance the production of valuable vitamins.
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The prebiotic ingredients market was valued at USD 3.85 billion in 2018 and is expected to register a CAGR of 12.2%, during the forecast period (2019-2024). In 2017, Europe was the largest geographical segment of the market studied and accounted for a share of around 43.3% of the market.
Some of the major players of the market are:
Beneo-Orafti SA, Tereos Group, Ingredion Inc., Cargill Inc., DowDuPont Inc., Royal Freisland Campina NV, Kerry Group, Cosucra-groupe Warcoing SA, Sensus BV, Nexira SAS, Nutriagaves De Mexico SA De CV, amongst others.
Market Overview
The increasing importance of nutraceuticals, on account of the rising health awareness, consumer shift toward natural ingredients, and regulatory support intended to promote the inclusion of functional ingredients are expected to fuel up the demand for inulin and FOS, as functional ingredients.
Since there is a general increase in health consciousness across the world, and as probiotics and prebiotics are the recent synonyms for improved gut health, the market for prebiotic ingredients, such as inulin, is experiencing a visible growth.
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Key Market Trends
Increasing Demand for Nutraceuticals
Globally, nutraceutical products are gaining importance and are becoming a part of consumers daily dietary practice. The main reason for this growing popularity is the change in consumer lifestyle and increase in awareness. Increasing intake of high-fiber functional food and prebiotics by the food and beverage industry is linked to benefits, such as improved digestion, lower stress response, better hormonal balance, and a decrease in cardiovascular diseases.
These benefits raise awareness among the consumers, which drives market growth. The increasing importance of nutraceuticals, on account of the rising health awareness, consumer shift toward natural ingredients, and regulatory support intended to promote the inclusion of functional ingredients are expected to fuel up the demand for inulin and FOS, as functional ingredients.
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Europe to Dominate the Market
Increasing demand for fortifying food with prebiotic ingredients is expected to increase the market expansion of prebiotic ingredients in Europe. Inulin is widely utilized in the food processing sector, as it is a good and healthy substitute for fat and sugar. A rise in concerns about diabetes and obesity across the region will further encourage demand for prebiotic-based fortified food and beverages.
Germany holds the top position in the foodservice sector in Europe, accounting for one of the major consumers for the additive and ingredient market, including emulsifiers in the region. Bakery and confectionery sector of the country consumes the largest part of the emulsifiers, while the meat industry emerges as a growing sector for the market, promising to drive the market studied in the coming years.
Table of Contents:
1 Introduction
2 Prebiotic Ingredient Market Research Methodology
3 Executive Summary
4 Prebiotic Ingredient Market Dynamics
5 Prebiotic Ingredient Market Segmentation
6 Competitive Landscape
7 Prebiotic Ingredient Market Opportunities And Future Trends
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