The prebiotic ingredients market is projected to grow at a CAGR of 10.4%. The 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 multifunctionality 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
The dietary supplements segment is projected to grow at the highest rate during the forecast period. 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 microflora, and improvement in related conditions such as abdominal pain, bloating, and constipation. Due to all these properties, the consumption of these ingredients has increased
Oligosaccharides is projected to be the fastest-growing segment during the forecast period. Based on type, the market for oligosaccharides is projected to be the fastest-growing during the forecast period. Fructooligosaccharide (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.
On the basis of source, roots are projected to form the largest market during the forecast period. Based on the source of the prebiotic ingredients, roots are projected to form the largest segment. As the amount of prebiotic ingredients present in the roots is the highest among the other sources, manufacturers prefer the extraction of these ingredients through roots.
Asia Pacific is projected to register the highest growth rate during the forecast period. 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.
Break-up of Primaries: • By Company Type: Tier 1 – 60%, Tier 2 – 25%, and Tier 3 – 15%
• By Designation: Director-level – 35%, C-level – 40%, and Manager Level – 25%
• By Region: North America – 20%, Europe –30%, Asia Pacific – 40%, and RoW – 10%
The key players profiled in this report are as follows: • BENEO (Germany)
• Cargill (US)
• DuPont (US)
• FrieslandCampina (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)
Research Coverage: 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.
Reasons to buy this report: • To get a comprehensive overview of the prebiotic ingredients market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the prebiotic ingredients market is flourishing
Our reports have been used by over 10K customers, including:
The South African nutraceuticals market was valued at USD 3,454.10 million in 2020, and is projected to grow at a CAGR of 4.60% during the forecast period (2021-2026). The global pandemic pressed several countries worldwide, including South Africa, to impose severe restrictions on the movement of goods to mitigate the spread of the...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Personalized Nutrition Market Report The personalized nutrition market is expected to grow at a CAGR of over 16% during 2021-2026. Increasing disposable income in the developing regions and fast integration of digital healthcare technologies...
The global plant extracts market is projected to grow from USD 30.8 billion in 2021 to USD 55.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026. With the growing health awareness, the increasing prevalence of chronic diseases, and the need for nutrition enhancements among consumers, plant extracts find applications in various end-user...
The food enzymes market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%, in terms of value. The increase in urbanization and high disposable income have led to the growth of consumption of diverse range of foods, driving the food enzymes market. It is also witnessed...
The South America hydrolyzed collagen market is expected to grow from US$ 96.11 million in 2019 to US$ 150.20 million by 2027; it is estimated to grow at a CAGR of 5.8% from 2020 to 2027. Hydrolyzed collagen, also known as collagen hydrolysate, are collagen derivatives comprising short chains of amino acids. Shorter amino acid chains make...
The Europe hydrolyzed collagen market is expected to grow from US$ 230.79 million in 2019 to US$ 341.95 million by 2027; it is estimated to grow at a CAGR of 5.1% from 2020 to 2027. Collagen is a major structural protein found in the skin, tendon, and bone of vertebrates. 10 different types of collagens have been recognized among vertebrates,...
The Middle East & Africa hydrolyzed collagen market is expected to grow from US$ 73.17 million in 2019 to US$ 115.02 million by 2027; it is estimated to grow at a CAGR of 5.9% from 2020 to 2027. The GCC food processing industry continues to witness steady growth with a rising population in the Middle East & Africa. The high per capita income,...
The Asia Pacific hydrolyzed collagen market is expected to grow from US$ 198.58 million in 2019 to US$ 316.75 million by 2027; it is estimated to grow at a CAGR of 6.1% from 2020 to 2027. Skin is the largest organ of the human body. Aging introduces visible alterations such as wrinkles, skin loosening, and dehydration. Habits such as drinking,...
The North America hydrolyzed collagen market is expected to grow from US$ 211.94 millionin 2019 to US$ 323.61 million by 2027; it is estimated to grow at a CAGR of 5.5% from 2020 to 2027. Hydrolyzed collagen, also known as collagen hydrolysate, are collagen derivatives comprising short chains of amino acids. Shorter amino acid chains make...
The global hydrolyzed collagen market was valued at US$ 810.59 million in 2019 and is projected to reach US$ 1,247.53 million by 2027; it is expected to grow at a CAGR of 5.6% from 2020 to 2027. Hydrolyzed collagen, also known as collagen hydrolysate, is made of short chains of amino acids derived from collagen.It is more bioavailable...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.