The prebiotic ingredients market is forecasted to reach USD 6.3 billion by 2022, with a projected CAGR of 11.7% from 2022 to 2023. The market is driven by increasing demand for functional foods and beverages, rising awareness about the health benefits of prebiotics, and growing research and development activities in the food and beverage industry.
Browse in-depth TOC on “Prebiotic Ingredients Market”.
351 – Tables
52 – Figures
261 – Pages
Report Metrics | Details |
Market size available for years | 2017–2027 |
Base year considered | 2021 |
Forecast period | 2022–2027 |
Forecast units | Value (USD) Million/Billion |
Segments covered | Offering, Application, Deployment mode, Organization size, Vertical |
Regions covered | North America, Europe, Asia Pacific, Middle East and Africa |
Companies covered | Major Vendors – Beneo (Germany), ADM (US), DuPont (US), Friesland Campina (Netherlands), Ingredion (US), Samyang Corp (South Korea), Beghin Meiji (France), Tate & Lyle PLC (UK), Yakult (Japan), Kerry PLC (Ireland), Fronterra Ltd. (New Zealand), Royal Cosun (Netherlands), Roquette Freres (France), Cosucra Groupe Warcoing SA (Belgium), Taiyo International Inc. (US), Alland & Robert (France), Nexira (France), Prenexus Health (US), Vitalus Nutrition Inc. (Canada), and Clasado Ltd. (UK), Amway |
Key Market Dynamics:
- Health Benefits of Prebiotics: Prebiotics are non-digestible foods that promote the growth and activity of beneficial intestinal bacteria, improving gut health, boosting the immune system, and reducing the risk of chronic diseases such as obesity, heart disease, and type 2 diabetes.
- Brand Differentiation and New Product Development: Businesses are utilizing prebiotic ingredients to differentiate their brands and develop innovative products. By incorporating prebiotics into their offerings, companies can position themselves as health-conscious and attract customers seeking gut-friendly options.
- Market Expansion and Increased Sales: Prebiotic ingredients offer opportunities for market expansion into new territories and segments. They can also help increase sales, as consumers are increasingly aware of the health benefits of prebiotics and are more likely to purchase products containing them.
Prebiotic Ingredients Market Growth Report
Segmentation and Regional Analysis:
- Segmentation: The market is segmented by type (oligosaccharides, inulin, polydextrose), application (food & beverages, dietary supplements, animal feed), and source (roots, grains, vegetables).
- Regional Analysis: North America leads the market, followed by Europe and Asia Pacific. The Asia Pacific region is expected to witness the fastest growth, driven by increasing demand for functional foods and beverages.
Prebiotic Ingredients Market Research Insight
Major Players and Strategies:
- Key Players: Major players in the market include BENEO, DuPont, Cosucra, Ingredion, and Nexira. These companies are actively engaged in research and development to develop new prebiotic ingredients and expand their product portfolios. They also invest in marketing and promotional activities to raise awareness about the health benefits of prebiotics.
Conclusion:
The prebiotic ingredients market is witnessing significant growth due to increasing consumer demand for healthier food and beverage options. With rising awareness about the health benefits of prebiotics and ongoing research and development efforts, the market is expected to continue expanding in the coming years.