Global Inulin Market Growth 2023-2029

Global Inulin Market Growth 2023-2029

Inulin is a slightly sweet carbohydrate that has certain beneficial properties. It is classified as a fiber because it passes through the digestive tract without being metabolized until it reaches the colon. Unlike cellulose fiber (bran etc.) it is a soluble fiber. Inulin comes from a natural source and occurs in a large variety of plants, where it plays an important biological role as reserve carbohydrate. Inulin has been part of our daily diet for hundreds of years, as you find it in many fruits and vegetables, such as bananas, onions, and wheat. When extracted from chicory roots, inulin can be successfully used as a beneficial ingredient in many food applications.

LPI (LP Information)' newest research report, the “Inulin Industry Forecast” looks at past sales and reviews total world Inulin sales in 2022, providing a comprehensive analysis by region and market sector of projected Inulin sales for 2023 through 2029. With Inulin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Inulin industry.

This Insight Report provides a comprehensive analysis of the global Inulin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Inulin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Inulin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Inulin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Inulin.

The global Inulin market size is projected to grow from US$ 311.7 million in 2022 to US$ 365 million in 2029; it is expected to grow at a CAGR of 365 from 2023 to 2029.

Inulin industry is a concentrated market with a few leading companies take a majority of the market share. The top three producers, which are Beneo, Sensus, Cosucra account for 79% of the market. Europe is the major production zone of inulin, followed by China and Chile. Beneo alone take nearly 44% of the whole market with its major production sites locate in Belgium and Chile. The other two leading companies Sensus and Cosucra are all set their production in Europe. Europe is the major consumption region of inulin. North America and China are also important consumption regions of inulin.

This report presents a comprehensive overview, market shares, and growth opportunities of Inulin market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Chicory Roots Inulin

Artichoke Inulin

Others

Segmentation by application

Food & Beverage

Dietary Supplements

Pharmaceutical

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Beneo

Sensus

Cosucra

Xirui

Violf

Inuling

Qinghai Weide

Fuji Nihon Seito Corporation

Biqingyuan

Novagreen

The Tierra Group

Gansu Likang

Key Questions Addressed in this Report

What is the 10-year outlook for the global Inulin market?

What factors are driving Inulin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Inulin market opportunities vary by end market size?

How does Inulin break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.