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Global Prebiotic Ingredients Market Size, Share And Growth Analysis For 2024-2033
Prebiotic Ingredients Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UK, September 11, 2024 /EINPresswire.com/ -- The global prebiotic ingredients market has seen substantial growth, expanding from $6.44 billion in 2023 to $7.16 billion in 2024, at a compound annual growth rate (CAGR) of 11.2%. Despite challenges, the market is forecasted to grow to $10.75 billion by 2028 at a compound annual growth rate (CAGR) of 10.7%, driven by rising consumer awareness of gut health, increasing demand for natural products, and the need for nutrient-dense foods.
Growing Food and Drink Supplements Fuels Prebiotic Ingredients Market Growth
The surge in demand for food and drink supplements is significantly propelling the growth of the prebiotic ingredients market. These supplements, concentrated sources of nutrients with nutritional or physiological effects, include prebiotic ingredients essential for digestive health. According to a 2021 Health of the Nation survey by the World Health Organization, over 71% of adults use food supplements, with the pandemic driving this trend. Additionally, the rising demand for nutraceutical products, which provide health benefits beyond basic nutrition, is boosting market growth. The Indian nutraceutical market, for example, is expected to grow from $4 billion in 2020 to $18 billion by 2025, reflecting a more than fourfold increase in just five years.
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Key Players and Market Trends
Leading companies in the prebiotic ingredients market include DuPont de Nemours Inc., Cargill Inc., Ingredion Inc., and Royal FrieslandCampina N.V. Product innovation is a major trend, with firms developing new solutions to enhance market offerings. For instance, in January 2022, Gnosis by Lesaffre launched Lynside Immunity Prebiotic, a novel yeast-based prebiotic designed to stimulate beneficial gut bacteria and promote the formation of short-chain fatty acids.
Trends Shaping the Future
Key trends influencing the prebiotic ingredients market include advancements in developing inulin and oligosaccharides, the multifunctional nature of prebiotic ingredients, personalized nutrition, and the synergy with probiotics. Clean label and natural products are also gaining traction, reflecting the broader consumer shift towards health-conscious and transparent choices.
Segments
• By Type: Inulin, Fructooligosaccharides (FOSs), Mannan-Oligosaccharide (MOS), Disaccharides, Monosaccharide, Nucleotide-Activated Saccharides, Soy Oligosaccharides, Other Types
• By Source: Roots, Grains, Vegetables, Fruits Trunk (or) Stem, Other Sources
• By Operability: Gut Health, Immunity, Cardiovascular Health, Bone Health, Weight Management
• By Application: Functional Food and Beverage, Infant Formula and Baby Food, Dietary Supplements, Animal Feed, Pet Food
Geographical Insights: Europe Leading The Market
Europe led the prebiotic ingredients market in 2023 and continues to hold a significant share. However, South America is anticipated to be the fastest-growing region in the forecast period, driven by increasing consumer demand and economic expansion.
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Prebiotic Ingredients Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Prebiotic Ingredients Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on prebiotic ingredients market size, prebiotic ingredients market drivers and trends, prebiotic ingredients market major players, prebiotic ingredients competitors' revenues, prebiotic ingredients market positioning, and prebiotic ingredients market growth across geographies. The prebiotic ingredients market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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