Inulin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global inulin market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.72% during 2022-2028.
Inulin is a white, mildly sweet, indigestible carbohydrate commonly found in a wide variety of fruits, vegetables, and herbs, which includes wheat, onions, bananas, leeks, and asparagus. It is rich in fiber and low in calories and slows digestion, increases fullness, and reduces cholesterol absorption. It also aids in promoting digestive health, controlling blood sugar levels, and lowering the risk of colon cancer. As it also assists in stimulating the immune system, decreasing pathogenic bacteria in the intestine, relieving constipation, and minimizing the risk of osteoporosis by enhancing mineral absorption, it is extensively utilized in the manufacturing of confectionery items, milk desserts, baked goods, yogurt, fresh cheese, and chocolates.
Inulin Market Trends:
At present, there is a considerable rise in the utilization of inulin in the production of dairy products across the globe. This can be attributed to the beneficial properties of inulin, which include fat and sugar replacer as well as an emulsifier, thickener, and stabilizer. It also improves the stability of foams and emulsions, such as in aerated drinks, ice creams, table spreads, and sauces. Apart from this, rising concerns about gut health on account of the increasing occurrences of gastrointestinal tract diseases represent another major factor strengthening the growth of the market. Moreover, inulin offers rapid water solubility, low friability, and stability against gastric and intestinal enzymes. As a result, it finds extensive application as a drug delivery agent in the pharmaceutical industry worldwide. Additionally, it is also employed as a coating of tablets, capsules, tablet binder, and a vaccine stabilizer due to its potential to survive acidic environments in the stomach. Furthermore, the growing prevalence of diabetes due to physical inactivity among individuals is positively influencing the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global inulin market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form, nature and application.
Breakup by Type:
Jerusalem Artichoke Inulin
Chicory Inulin
Agave Inulin
Breakup by Form:
Powder
Liquid
Breakup by Nature:
Organic
Conventional
Breakup by Application:
Pharmaceuticals
Dietary Supplements
Food and Beverage
Bakery and Confectionery Products
Cereals
Meat Products
Sports Drinks
Dairy Products
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BENEO GmbH (Südzucker AG), Cargill Incorporated, Ciranda Inc., Cosucra Groupe Warcoing SA, Jarrow Formulas Inc., NOW Foods, Nutriagaves Group, PMV Nutrient Products Pvt Ltd., Sensus B.V. (Coöperatie Koninklijke Cosun U.A.), Steviva Brands Inc. and The Tierra Group.
Key Questions Answered in This Report
1. What was the size of the global inulin market in 2022?
2. What is the expected growth rate of the global inulin market during 2023-2028?
3. What has been the impact of COVID-19 on the global inulin market?
4. What are the key factors driving the global inulin market?
5. What is the breakup of the global inulin market based on the type?
6. What is the breakup of the global inulin market based on the form?
7. What is the breakup of the global inulin market based on the nature?
8. What is the breakup of the global inulin market based on the application?
9. What are the key regions in the global inulin market?
10. Who are the key players/companies in the global inulin market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Inulin Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Type
- 6.1 Jerusalem Artichoke Inulin
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Chicory Inulin
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Agave Inulin
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 7 Market Breakup by Form
- 7.1 Powder
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Liquid
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 8 Market Breakup by Nature
- 8.1 Organic
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Conventional
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Market Breakup by Application
- 9.1 Pharmaceuticals
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Dietary Supplements
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Food and Beverage
- 9.3.1 Market Trends
- 9.3.2 Key Segments
- 9.3.2.1 Bakery and Confectionery Products
- 9.3.2.2 Cereals
- 9.3.2.3 Meat Products
- 9.3.2.4 Sports Drinks
- 9.3.2.5 Dairy Products
- 9.3.2.6 Others
- 9.3.3 Market Forecast
- 10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 BENEO GmbH (Südzucker AG)
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Cargill Incorporated
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 SWOT Analysis
- 15.3.3 Ciranda Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Cosucra Groupe Warcoing SA
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Jarrow Formulas Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 NOW Foods
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Nutriagaves Group
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 PMV Nutrient Products Pvt Ltd.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Sensus B.V. (Coöperatie Koninklijke Cosun U.A.)
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Steviva Brands Inc.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 The Tierra Group
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
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