Prebiotics Ingredients Market Research, 2031
The global prebiotics ingredients market size was valued at $7,198.9 million in 2020 and is estimated to reach $14,313.3 million by 2031, registering a CAGR of 6.3% from 2022 to 2031. Prebiotics are carbohydrates that enhance the growth or activity of beneficial bacteria in human gut, and are non-digestible by digestive enzymes and acids. Vegetables & fruits such as bananas, wheat bran, onions, leek, garlic, and others are sources of these carbohydrates. These further enhance immunity, aid in digestion problems, increase absorption of calcium & magnesium in the body, and reduce the risk of cancer. Rise in demand for prebiotics in dietary supplements particularly in infant foods, increase in consumer awareness related to health benefits of prebiotics, and surge in use of prebiotics in poultry feed to improve productivity of animals are expected to drive the market growth.
The rapidly surging demand for the prebiotics ingredients across the end use applications such as food and beverages, animal feed, and dietary supplements in the developed and developing markets owing to various factors such as changing lifestyle of the consumers, busy and hectic schedules, rise in disposable income, growing burden of lifestyle diseases, improved standards of living, and desire for healthy and active lifestyle are exponentially propelling the demand for the prebiotics ingredients.
Segmental Overview
According to the prebiotics ingredients market analysis, the market is segmented based on ingredient, application, source, and region. On the basis of ingredients, the prebiotics ingredients market is segregated into inulin, fructo-oligosaccharides, galacto-oligosaccharides, and galacto-fructose. Based on application, the market is divide into food & beverages, dietary supplements, and animal feed. Depending on source, the prebiotics ingredients market is segregated into cereals, vegetables, roots, and others. Based on region, the global prebiotics market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
By Ingredient
Based on the ingredients, the inulin segment dominated the market, which garnered a 45.4% of the global prebiotics ingredients market share in 2020. The inulin is the most common and widely found prebiotics that can be easily obtained from food such as asparagus, leek, onions, banana, wheat, and garlic. Herbs such as dandelion root, elecampane root and chicory root are regarded as the rich sources of inulin; and chicory root is the common source of inulin owing to its high concentration and its similarities to the sugar beet.
By Ingredient
Inulin segment held the major share of 45.5% in 2020
By Application
On the basis of application, the dietary supplements is estimated to be the fastest-growing application in the forthcoming years. Prebiotic dietary supplements are gaining significant popularity as these supplements contain pre-determined amounts of prebiotics. In addition, they are available in a powder form, which makes it easy to add in beverages or sprinkle over food.
By Application
Food And Beverages segment held the major share of 70.6% in 2020
By Source
By source, the cereals was the dominant segment in the prebiotics ingredients market in 2020. Cereals such as wheat, rice, oats, and barley are rich sources of prebiotics and these cereals are widely grown and are easily available across the globe. The increased awareness regarding the benefits of prebiotics and increased adoption of the prebiotics obtained from cereals in the food and beverages industry has significantly contributed to the global prebiotics ingredients market growth.
By Source
Cereals segment held the major share of 38.9% in 2020
By Region
Asia-Pacific was the leading prebiotics ingredients market and accounted for 42.5% of the market share in 2020. Asia Pacific prebiotics ingredients industry is anticipated to witness high growth rate during the forecast period owing to lifestyle shift of consumers toward preventive therapies coupled with rise in disposable income, and increase in awareness about health and fitness. Moreover, rapid population growth in emerging nations such as India and China, provides a huge consumer base for the prebiotic ingredients market.
By Region
Asia-Pacific segment held the major share of 42.5% in 2020
Competitive Analysis
The key players profiled in the report include Beneo GmbH, Cargill Incorporated, E. I. Du Pont De Nemours and Company, FrieslandCampina, Ingredion Incorporated, Samyang Genex, Nexira, Beghin Meiji, Royal Cosun, and Yakult Pharmaceutical Industry Co., Ltd.
The other key market players (not profiled in this report) in the value chain include Roquette America, Inc., Abbott Nutrition, Clasado Ltd., Jarrow Formulas, Sensus, Beneo-Orafti SA, GTC Nutrition, Weetabix, Kraft Foods, Inc., Cosucra Groupe Warcoing SA, Stonyfield Farm, Solvay Pharmaceuticals SA, Beghin Meiji, Roquette America, Inc., and Parmalat S.p.A.
Key Benefits for Stakeholders
- The report provides an extensive analysis of the current and emerging prebiotics ingredients market trends and opportunities.
- The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing prebiotics ingredients market opportunities in the market.
- The prebiotics ingredients market forecast is offered along with information related to key drivers, restraints, and opportunities.
- The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Prebiotics Ingredients Market Report Highlights
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Analyst Review
Prebiotics promote the growth of beneficial bacteria in the digestive system. These food components cannot be digested by humans and serve as an essential feed for bacteria in human gut. Inulin is the most easily available prebiotics present in chicory root, burdock root, apples, bananas, onions, garlic, asparagus, leeks, and other fruits & vegetables.
Prebiotics help to control the cholesterol and triglyceride levels, which are indicators of chronic disorders. Moreover, they improve immunity, reduce disease-causing bacteria in intestinal tract, enhance body’s absorption of minerals, such as calcium, and reduces stomach inflammation.
Rise in demand for prebiotics in dietary supplements, particularly in infant food, consumer awareness related to health benefits of prebiotics, and rise in use of prebiotics in poultry feed to improve productivity of animals are expected to drive the market growth. The benefits associated with the intake of prebiotics ingredient are expected to have a positive impact on the market growth.
The global prebiotics ingredients market size was valued at $7,198.9 million in 2020, and is projected to reach $14,313.3 million by 2031, registering a CAGR of 6.3%from 2022 to 2031. People are inclining toward more health-conscious eating habits. The factors that drive the growth of the prebiotics ingredients industry is the increase in consumer awareness related to health benefits of prebiotics.
The forecast period considered in the global prebiotics ingredients market report is from 2022 to 2031. The report provides a detailed analysis of the ongoing market trends and upcoming opportunities along with the market forecast by each year.
The base year calculated in the report is 2020. The year 2020 was an exceptional year characterized by the sudden outbreak of the COVID-19 pandemic that has impacted the growth of the prebiotics ingredients market in 2020. The report offers a detailed analysis of the COVID-19 and its impact on the market.
The key players profiled in the report include Beneo GmbH, Cargill Incorporated, E. I. Du Pont De Nemours and Company, FrieslandCampina, Ingredion Incorporated, Samyang Genex, Nexira, Beghin Meiji, Royal Cosun, and Yakult Pharmaceutical Industry Co., Ltd. These market players are constantly involved in various strategies to exploit the prevailing prebiotics ingredients market opportunities.
On the basis of application, the dietary supplements segment is estimated to be the fastest-growing application in the coming years. Prebiotic dietary supplements are gaining significant popularity as these supplements contain pre-determined amounts of prebiotics. In addition, they are available in a powder form, which makes it easy to add in beverages or sprinkle over food.
Asia-Pacific was the leading prebiotics ingredients market and accounted for 42.5% of the market share in 2020. Asia-Pacific prebiotics ingredients industry is anticipated to witness high growth rate during the forecast period owing to lifestyle shift of consumers toward preventive therapies coupled with rise in disposable income, and increase in awareness about health and fitness.
The key players profiled in the report include Beneo GmbH, Cargill Incorporated, E. I. Du Pont De Nemours and Company, FrieslandCampina, Ingredion Incorporated, Samyang Genex, Nexira, Beghin Meiji, Royal Cosun, and Yakult Pharmaceutical Industry Co., Ltd. These market players are constantly involved in various strategies to exploit the prevailing prebiotics ingredients market opportunities.
The global prebiotics ingredients market size was valued at $7,198.9 million in 2020 and is estimated to reach $14,313.3 million by 2031, registering a CAGR of 6.3% from 2022 to 2031. The rapidly surging demand for the prebiotics ingredients across the end use applications such as food and beverages, animal feed, and dietary supplements in the developed and developing markets owing to various factors such as changing lifestyle of the consumers, busy and hectic schedules, rise in disposable income, growing burden of lifestyle diseases, improved standards of living, and desire for healthy and active lifestyle are exponentially propelling the demand for the prebiotics ingredients.
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