Global Prebiotics Market Overview:
Prebiotics are substances used in assisting in digestion of foods and promotion of gut health. Inclination towards healthy foods and awareness of gut bacteria can fuel its demand. The global prebiotics market report by Market Research Future (MRFR) contains drivers and hurdles intended to enlighten industry manufacturers for the period of 2023 to 2032 (forecast period). The impact of the COVID-19 pandemic on its supply and value chain has been explored in detail in the report and included with strategies and suggestive measures.
Market Scope:
The global Prebiotics Market Share is projected to reach USD 10.13 Billion by 2032 at a CAGR of 11.20% over the forecast period. It is expected to perform exceptionally owing to consumption of healthy foods and drinks. Huge demand for dietary supplements and functional foods is likely to boost demand for prebiotics among consumers. Prebiotics are a source of food for bacteria in the gut and enhance gut health. Change in lifestyles, hectic schedules of consumers, and prevalence of lifestyle diseases are major drivers of the market.
But low awareness of these products and unavailability in certain countries can restrict the market growth.
Segmentations:
The global prebiotics market is segmented into type and application.
Based on type, the market has been segmented into galacto-oligosaccharides, inulin, fructo-oligosaccharides, and others. The inulin segment dominated the market with a market share of exceeding 37% share in 2018. Benefits in its consumption for aiding weight loss, constipation, and trimming high blood fats can foster segment growth during the forecast period. Fructo-oligosaccharides are expected to gain traction in the market owing to the need for sweeteners to act as viable replacement for sugar. Consumption of breakfast cereals, bakery items, and confectionery are likely to spur the segment growth in the global prebiotics market.
Based on application, the market has been segregated into functional food & beverages, dietary supplements, and others. The functional food & beverages segment has been further segmented into breakfast cereals, dairy products, infant nutrition, beverages, and others. Dietary supplements are expected to generate revenue at a CAGR of 10.0% during the forecast period. Its consumption with daily intake of food can drive the segment growth.
Regional Analysis:
Region-wise, the global prebiotics market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
Europe dominated the global prebiotics market in 2018 and is expected to register a CAGR of 9.2% during the forecast period. Germany, France, and the U.K. are the major countries in the region triggering the demand for prebiotics. Awareness of prebiotic ingredients and preference of consumers to healthy diets are factors dominating the regional market growth.
The APAC prebiotics market is expected to be highly lucrative for market players operating in the Prebiotics Market Trends due to the rapid growth of the food industry in this region. Moreover, the entry of new market players, awareness of functional foods, prevalence of major debilitating health issues, and a large patient pool are factors which can determine the growth trajectory of the regional market.
Competition Landscape:
Clasado Biosciences Ltd, BENEO GmBH, Roquette Frères SA, Cargill, Incorporated, Tereos Starch & Sweeteners SAS, Ingredion Incorporated, Royal FrieslandCampina NV, Kerry Group PLC, EW Nutrition GmbH, and Cosucra Groupe Warcoing SA are key players of the global prebiotics market. Expansion in regions with potential is the prime strategy of players to sustain their standing. The COVID-19 pandemic has halted the brakes in production of dietary supplements. But the easing of production rules during the lockdown period can facilitate in heavy sales and stimulate market growth.
Related Reports:
Probiotics Market Research Report Information By Source (Bacteria and Yeast), By Application (Functional food and beverages, Dietary Supplements, Animal Nutrition, and Others), And By Region (North America, Asia-Pacific, Europe, And Rest Of The World) –Market Forecast Till 2032
Craft Beer Market Research Report: Informationen nach Typ (Ale, Lager, Stouts und andere), Zutaten (Malz, Hefe, Enzyme, Hopfen und andere), Vertriebskanal (On-Trade und Off-Trade) und Region (Nordamerika, Europa, Asien-Pazifik und Rest der Welt) - Prognose bis 2027
ファーストフード市場調査レポート：タイプ別の情報（バーガー/サンドイッチ、ピザ/パスタ、チキン＆アンプ; シーフード、アジア/ラテンアメリカ料理、その他）、サービスタイプ（イートイン、テイクアウト、ドライブスルー、宅配、その他）および地域-2027年までの予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Arabic
Français
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian