Prebiotics Market by Ingredient (Inulin, Fructo-oligosaccharides, Galacto-oligosaccharides, Mannan-oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography—Forecast to 2029
Prebiotics Market by Ingredient (Inulin, Fructo-oligosaccharides, Galacto-oligosaccharides, Mannan-oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography—Forecast to 2029
According to the research report titled, ‘Prebiotics Market by Ingredient (Inulin, Fructo-oligosaccharides, Galacto-oligosaccharides, Mannan-oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography—Forecast to 2029,’ the prebiotics market is projected to reach $6.61 billion by 2029, at a CAGR of 7.6% during the forecast period 2022–2029. The report provides an in-depth analysis of the global prebiotics market across five major regions, emphasizing the current market trends, market size, and recent developments and providing the forecast till 2029.
Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and trends. The growth of this market is driven by the increasing consumption of prebiotics, the rising demand for nutraceuticals, and the increasing demand for plant-based food ingredients. However, the lack of awareness regarding the health benefits of prebiotics restrains the growth of this market. The growing use of prebiotics in infant formulas is expected to create growth opportunities for the players operating in this market. Additionally, the growing demand for natural, organic, and clean-label ingredients is a major trend in the global prebiotics market.
The global prebiotics market is segmented by ingredient (inulin, fructo-oligosaccharides, galacto-oligosaccharides, mannan-oligosaccharides, and other ingredients), application (food & beverages {dairy products, beverages, bakery & confectionery products, cereals-based products, infant food products, and other food & beverages}, dietary supplements, animal feed & pet food, and cosmetics), and geography. The study also evaluates industry competitors and analyzes the country-level markets.
Based on ingredient, the galacto-oligosaccharides segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly driven by its health benefits, such as relieving symptoms of constipation, preventing colon cancer, and promoting the growth of bifidobacteria. In the food and beverage industry, it is used in non-alcoholic beverages to enhance taste and in bakery products to improve taste and texture due to its low calorific value and moisture retention properties.
Based on application, in 2022, the food & beverages segment accounted for the largest share of the global prebiotics market. The large market share of this segment is attributed to the rising demand for fortifying food with prebiotic ingredients and increasing health consciousness among consumers. Moreover, this segment is projected to register the highest CAGR during the forecast period due to people’s inclination towards a healthy and active lifestyle, increasing investments to innovate new products in the food & beverages industry, and awareness of health benefits.
An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this market is driven by people’s growing interest in digestive health ingredients, increasing focus on improving immune health in infants, innovations in prebiotic formulations, the growing aging population, and increased consumer awareness about the link between digestive health, immunity, and overall wellness.
The key players operating in the global prebiotics market are Archer-Daniels-Midland Company (U.S.), BENEO GmbH (Part of Südzucker AG) (Germany), Cargill, Incorporated (U.S.), Cosucra Groupe Warcoing SA (Belgium), Gobiotics BV (Netherlands), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Jarrow Formulas, Inc. (U.S.), Kerry Group plc (Ireland), Roquette Frères (France), Royal FrieslandCampina N.V. (Netherlands), Sensus B.V. (Part of Royal Cosun) (Netherlands), Tereos Group (France), and Yakult Honsha Co., Ltd. (Japan).
Key Questions Answered in the Report- What is the current value of revenue generated by global prebiotics?
At what rate is the global prebiotics demand projected to grow for the next 5–7 years?
What are the historical market sizes and growth rates of the global prebiotics market?
What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
Which segments in terms of ingredient and application are expected to create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the global prebiotics market?
Who are the major players in the global prebiotics market? What are their specific product offerings in this market?
What are the recent strategic developments in the global prebiotics market? What are the impacts of these strategic developments on the market?
Scope of the Report:
Global Prebiotics Market Assessment—by IngredientInulin
Fructo-oligosaccharides
Galacto-oligosaccharides
Mannan-oligosaccharides
Other Ingredients
Global Prebiotics Market Assessment—by ApplicationFood & Beverages
Dairy Products
Beverages
Bakery & Confectionery Products
Cereals-Based Products
Infant Food Products
Others Food & Beverage Applications
Dietary Supplements
Animal Feed & Pet Food
Cosmetics
Global Prebiotics Market Assessment—by GeographyAsia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Netherlands
Rest of Europe
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
Global Prebiotics Market - Report SummaryReport Metrics | Details |
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Years Considered | 2020 - 2029 |
Base Year | 2021 |
Forecast Period | 2022-2029 |
Page Count | 172 |
Units Referenced | Value (USD Million) |
Segments/Key Topics | Market by Ingredient, Market by Application, Market by Geography |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. |
Key Companies Mentioned | Archer-Daniels-Midland Company (U.S.), BENEO GmbH (Part of Südzucker AG) (Germany), Cargill, Incorporated (U.S.), Cosucra Groupe Warcoing SA (Belgium), Gobiotics BV (Netherlands), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Jarrow Formulas, Inc. (U.S.), Kerry Group plc (Ireland), Roquette Frères (France), Royal FrieslandCampina N.V. (Netherlands), Sensus B.V. (Part of Royal Cosun) (Netherlands), Tereos Group (France), and Yakult Honsha Co., Ltd. (Japan). |
FAQs About the Report
What is the value of revenue generated from the sale of the prebiotics across the globe? At what rate is their demand expected to grow for the next 5–7 years?The global prebiotics market is projected to reach $6.61 billion by 2029, at a CAGR of 7.6% during the forecast period.
Which ingredient segment showcases high growth opportunities for the global prebiotics market players?In 2022, the inulin segment accounted for the largest share of the global prebiotics market. The large market share of this segment is attributed to the use of inulin in dietary products, which enhances gut flora and inhibits the growth of harmful organisms by improving gut function. Moreover, the increasing demand for natural products will increase the demand for prebiotic inulin globally.
Which application segment of the market is projected to create more traction in the global prebiotics market?In 2022, the food & beverages segment accounted for the largest share of the global prebiotics market. The large market share of this segment is mainly attributed to the rising demand for fortifying food with prebiotic ingredients and increasing health consciousness among consumers. Moreover, this segment is projected to register the highest CAGR during the forecast period due to people’s inclination towards a healthy and active lifestyle, increasing investments to innovate new products in the food & beverages industry, and awareness of health benefits.
What are the key factors driving the growth of the global prebiotics market? What are the major opportunities for existing market players and new entrants in the market?The growth of this market is driven by the increasing consumption of prebiotics, the rising demand for nutraceuticals, and the increasing demand for plant-based food ingredients. The growing use of prebiotics in infant formulas is expected to create growth opportunities for the players operating in this market. Additionally, the growing demand for natural, organic, and clean-label ingredients is a major trend in the global prebiotics market.
Who are the major players operating in the global prebiotics market?The key players operating in the global prebiotics market are Archer-Daniels-Midland Company (U.S.), BENEO GmbH (Part of Südzucker AG) (Germany), Cargill, Incorporated (U.S.), Cosucra Groupe Warcoing SA (Belgium), Gobiotics BV (Netherlands), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Jarrow Formulas, Inc. (U.S.), Kerry Group plc (Ireland), Roquette Frères (France), Royal FrieslandCampina N.V. (Netherlands), Sensus B.V. (Part of Royal Cosun) (Netherlands), Tereos Group (France), and Yakult Honsha Co., Ltd. (Japan).
Which regions/countries are expected to witness significant demand for global prebiotics in the coming years?Asia-Pacific dominates the global prebiotics market and is projected to grow at the highest growth rate over the coming years.