Inulin Market overview:
Inulin Market has been valued $ 1.5 billion in the year 2019 and it is estimated to reach $ 2.35 billion by the year 2026, with a CAGR of 6.5% from 2021 to 2026. Inulin is most commonly available in white, mildly sweet, indigestible polysaccharide that occurs chiefly in the roots or tubers of various plants, and also it is a dietary fibber which is found in several of fruits, vegetables, and herbs, including wheat, onions, bananas, leeks. Inulin is used as an additive in low-fat and low-sugar foods to improve the flavour and texture; these are the main factors that have considerably increased the demand for the Inulin in the market, thereby driving the huge growth of the Inulin market in the upcoming years.
Market Drivers and Restrains:
The main factors that have considerably increased the demand for the Inulin is mainly due to the rising the demand for pharmaceuticals and rising trends of ingredients derived from natural products, increasing the awareness of the importance of dietary fibber in maintaining a healthy digestive system among the consumers , inulin is mainly used in the food and beverage market especially in the bakery and confectionery, Increasing the importance of nutraceuticals, on account of rising health awareness, consumer shift toward natural ingredients, improving the digestion, and lower stress response, better hormonal balance, and decrease in cardiovascular diseases, , these are the main factors that have considerably increased the demand for the Inulin in the market , thereby driving the huge growth of the Inulin market in the upcoming years.
View Full Report @ https://www.marketdataforecast.com/market-reports/Inulin-Market
To know more read:
Report is segmented as:
Inulin Market is segmented on the basis of by type, on the basis of by application:
* Inulin Market is segmented on the basis of by type into Jerusalem artichoke Inulin, Chicory Inulin, and Agave Inulin
* Inulin Market is segmented on the basis of by application into Pharmaceutical, Dietary Supplements, Food & Beverage, Cereals, Bakery & Confectionery Products, Meat Products, Sports Drinks, Dairy Products, and others
Download Sample Report @ https://www.marketdataforecast.com/market-reports/Inulin-Market/request-sample
Geographical Segmentation:
Inulin Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. Asia Pacific has the dominant share in the Inulin is due owing to end-user industries, such as food and beverages, pharmaceuticals, and dietary supplements, followed by Europe, Latin America and Middle East & Africa will register a slower increase in the Inulin Market
Impact of COVID-19 on Market
Covid -19 pandemic has affected the growth of business of every sector and it also affected the growth of the Inulin market, and temporary lack of growth in export and import activities, which has impacted the raise of Inulin market growth. Covid-19 pandemic has impacted huge on the sales revenue of Inulin market. Due to the government restrictions like lockdown in many countries has shutdown the commercial and industrial establishments and also stopped in transportation these made huge loss for Inulin market. In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus.