Study papers on Prebiotic Ingredients market and regional forecast. Prebiotic Ingredients market players are BENEO (Germany), Cargill (US), DuPont (US), Friesland Campina (Netherlands), Fonterra (New Zealand), Kerry Group (Ireland), Ingredion (Ingredion) (US), Yakult Pharmaceutical (Japan), Royal Cosun (Netherlands), Beghin Meiji (France), Nexira (France), Samyang Genex (South Korea).
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prebiotic ingredients market is estimated at USD 4.07 billion in 2017, and is projected to grow at a CAGR of 10.4% to reach USD 7.37 billion by 2023. The market is primarily driven by factors such as adoption of healthier diets, which has led to an increased demand for clean label products, such as plant-sourced prebiotics. Another growth factor can be the multi functionality of prebiotics ingredients. While volatile factors such as global climatic conditions that affect the production of raw materials such as vegetables, roots, and grains act as a major restraint for the growth of the prebiotic ingredients market. The increasing prices of raw materials is an important concern for prebiotic ingredient manufacturers, which consequently acts as a restraint to the prebiotic ingredients market.
- Regulatory and research organizations
- Raw material producers, suppliers, and distributors
- Equipment manufacturers, traders, distributors, and dealers
- Prebiotic ingredients manufacturers, traders, distributors, and dealers
Asia Pacific is projected to be the fastest-growing market over the next six years. Industrial growth and improvements in the food industry have opened new opportunities for the prebiotic ingredients market in this region. Also, the presence of several end-user pharmaceutical companies of prebiotic ingredients indicates high demand for prebiotics ingredients in Asia Pacific.
Prebiotic ingredients are being used as dietary supplements and this application is projected to grow at the highest CAGR among other applications. Prebiotic ingredients have many digestive and general health benefits such as the balance of gut micro flora, and improvement in related conditions such as abdominal pain, bloating, and constipation. Due to all these properties, the consumption of these ingredients has increased.
Based on type, the market for oligosaccharides is projected to be the fastest-growing during the forecast period. Fructo oligosaccharide (FOS), a type of oligosaccharides, is a water-soluble dietary fiber that is sweet and non-digestible; it is generally used as a sweetener. Being used as a sugar replacer it has a wide range of applications in the food industry, especially in bakery and confectionery. Thus, making it the fastest-growing segment.
2 Market Share Analysis
2.1 Key Market Strategies
4 Joint Ventures & Partnerships
5 New Product Launches
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The report segments the prebiotic ingredients market on the basis of application, source, type, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the prebiotic ingredients market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
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