Global Grain-sourced Prebiotic Ingredient Market Size study & forecast, by Source (Maize, Buckwheat, Whole Grain, Oats, Others) By Function (Bone Health, Gut Health, Immunity, Weight Management) By Application (Bakery and Confectionery, Dietary Supplement

Global Grain-sourced Prebiotic Ingredient Market Size study & forecast, by Source (Maize, Buckwheat, Whole Grain, Oats, Others) By Function (Bone Health, Gut Health, Immunity, Weight Management) By Application (Bakery and Confectionery, Dietary Supplements and Beverages, Oils and Fats, Dairy and Frozen Desserts, Others) and Regional Analysis, 2022-2029

Global Grain-sourced Prebiotic Ingredient Market is valued approximately USD xxx billion in 2021 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2022-2029. Grain-sourced Prebiotic Ingredient is a dietary substance, which nurtures a selected group of microorganisms living in the gut and enables the growth of beneficial bacteria. The Grain-sourced Prebiotic Ingredient market is expanding because of factors such as increasing demand for grain-sourced prebiotic ingredients and growing geriatric population.

Prebiotics are used as food ingredients in products such as cereals, spreads, biscuits, and others. The common prebiotic ingredients include inulin, oligosaccharides, and polydextrose, usually extracted from grains, roots, and vegetables. Its prevalence has progressively increased during the last few decades. According to the Statista, in 2020, the worldwide market for probiotic supplements used for gastrointestinal health was worth 1.1 billion U.S. dollars. It is predicted to grow to 2.1 billion U.S. dollars. Furthermore, probiotic supplement products are expected to grow from approximately USD 332 million in 2017 to nearly USD 858 million in 2027, representing a compound annual growth rate of 9.76 % in Europe. In comparison, products that have yeast as their source are estimated to grow from approximately USD 33 million in 2017 to nearly USD 63 million in 2027, a compound annual growth rate of 6.50% . Another important component driving space is growing geriatric population. According to the World Bank Group, the world old population was 727 million in 2020, and it is predicted to treble over the next three decades, reaching 1.5 billion in 2050. Also, rising health awareness and growing prevalence of various diseases would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Grain-sourced Prebiotic Ingredient stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Grain-sourced Prebiotic Ingredient Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key market players in the region. According to Statista, the market for probiotic supplements in North America is forecast to increase from USD 820 million in 2020 to USD 1.5 billion by 2027. This would constitute almost a tripling of market value in that time frame. Furthermore, Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, and active participation of government and nonprofit organizations in the market space.

Major market player included in this report are:
BENEO, GmbH
Jackson GI Medical,
Cargill, Incorporated
FrieslandCampina,
DuPont,
Kerry Inc.
Ingredion Incorporated
Yakult Pharmaceutical Industry Co., Ltd.,
Nexira SAS
Novasep

Recent Developments in the Market:
 In May 2022, Functional ingredients manufacturer Beneo has acquired Dutch company Meatless, broadening its portfolio with a versatile selection of plant-based solutions that serve as texturizers for meat and fish alternatives.

Global Grain-sourced Prebiotic Ingredient Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Source, Application, Function, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Source
Maize
Buckwheat
Whole Grain
Oats
Others

By Function
Bone Health
Gut Health
Immunity
Weight Management

By Application
Bakery and Confectionery
Dietary Supplements and Beverages
Oils and Fats
Dairy and Frozen Desserts
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned
BENEO, GmbH
Jackson GI Medical,
Cargill, Incorporated
FrieslandCampina,
DuPont,
Kerry Inc.
Ingredion Incorporated
Yakult Pharmaceutical Industry Co., Ltd.,
Nexira SAS
Novasep

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