According to the current analysis of Reports and Data, the global Prebiotic Ingredients market was valued at USD 5,568.7 Billion in 2020 and is expected to reach USD 11.48 Billion by 2028, at a CAGR of 9.30%. Prebiotic ingredients are non-digestible food substances that are useful in improving digestive health by promoting formation of healthy bacteria in the gut and improving production of valuable vitamins in the body. High-Fiber functional foods are being increasingly demanded across the globe as consumer incomes are rising and there is an increased awareness about the health benefits of such foods. Prebiotic ingredients acts as a nutritional boosters in food, beverages and animal feed.
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The market has witnessed encouraging growth in the developed world during the last decade. It is gradually penetrating into the developing economies in the Asia Pacific and Latin America region. Rising cases of disease and growing awareness about healthier consumption are the major factors driving market growth. High production costs and stringent regulations on the trade of these products are the present restraints for the growth of this market.
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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Some of the Leading Market Players Are Listed Below:
- Tereos SA,
- Ingredion Inc.,
- Evolve Biosystems,
- Stratum Nutrition
By Type Outlook
- Mannan-Oligosaccharide (MOS)
- Galacto-Oligosaccharide (GOS)
- Fructo-Oligosaccharide (FOS)
By Source Outlook
By Bacterial Activity Outlook
- Lactic Acid Bacteria
By Functionality Outlook
- Gut Health
- Cardiovascular Health
- Bone Health
- Weight Management
By Application Outlook
- Fortified Food and Beverages
- Dietary Supplements
- Animal Feed
- Instant Formula
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Prebiotic Ingredients market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Prebiotic Ingredients market.
The global Prebiotic Ingredients market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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