Prebiotics Ingredients Market Outlook
Prebiotics ingredients market is gaining fast popularity due to its ability to stimulate the growth and sustain gut microbiota which benefits the human body. The global prebiotics ingredients market is all set to soar high during the forecast period (2017-2023), reveals Market Research Future (MRFR) in a report.
The report has its focus zeroed in on drivers and segmental analysis for better predictive analysis of the prebiotic ingredients market in coming years. These healthy non-digestible food ingredients provide nourishment to bacteria present in large bowel or colon and help human beings with digestion. Its profound effect betters gut health, bone health, immunity, heart health and improves weight management and its lure has been enough to make bakery & confectionery, dairy & frozen desserts, dietary supplements, sweet & savory snacks, oil & fats, beverages, and others sectors to take a keen interest in the component. In addition, growing popularity of natural ingredients in a healthy diet is ensuring prospects for prebiotic ingredients market.
However, people often confuse prebiotic and probiotic which can deter the prebiotics market growth during the forecast period.
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Tactical moves ensure growth for major companies. They often include mergers, acquisition, collaboration, new product launch, market expansion, and other methods. Major market influencers are banking on these strategies and especially on geographical expansion.
Major profiled in the global prebiotic ingredients market are Cargill, Incorporated (U.S.), DuPont (U.S.), BENEO GmbH (Germany), Friesland Campina (The Netherlands), Ingredion Incorporated (U.S.), Nexira (France), Samyang Genex (Korea), and others.
Geographical analysis of the prebiotic ingredients includes namely North America, Europe, Asia Pacific (APAC) and Rest-of-the-World (RoW).
Europe is spearheading the segment with a considerable amount of the revenue generated. The region has advanced research and development facilities which are proving beneficial in terms of discovering new products and launching them for use. At the same time, the region has recorded high inclination among the people towards functional food and beverages which resultantly, spurs the growth of prebiotic ingredients market.
North America is following the lead of Europe and is getting much traction from its people as they are getting aware of the prebiotics and have started consuming more. This growing consumption of dietary supplements in the U.S. is driving the prebiotic ingredients market ahead. The APAC is expected to grow with the fastest CAGR during the forecast period. Large population base in the region who are getting aware of the benefits of prebiotics can drive the prebiotics ingredients market further.
The global prebiotic ingredients market is based on type, source, function, and application.
Type-wise, the prebiotic ingredients market can be segmented into oligosaccharides, inulin, polydextrose, and others. Inulin is leading the market, and the situation is going to remain the same during the forecast period.
Source-wise, the prebiotic ingredients market is segmented into roots, grains, vegetables, and others. Root segment is leading following the demand generated by plant root. However, the vegetable segment can register moderate growth during the same period.
Function-wise, the prebiotic ingredients market includes gut health, bone health, immunity, heart health, and weight management. Gut health is leading the segment. However, growing concerns regarding obesity are expected to assist weight management segment in attaining substantial hike during the forecast period.
Based on application, the prebiotic ingredients market comprises bakery & confectionery, dairy & frozen desserts, dietary supplements, sweet & savory snacks, oil & fats, beverages, and others. Dietary supplement is the frontrunner. However, bakery & confectionery can expect high growth rate so is the dairy & beverage market during the forecast period.
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