Prebiotics Market Forecast: Expected to Reach $6.61 Billion by 2029 with a 7.6% CAGR


Posted August 20, 2024 by Harshal

Prebiotics Market by Ingredient (Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, Mannan Oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements) - Forecast to 2029

 
Meticulous Research®, a leading global market research firm, has released a new 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 - Global Forecast to 2029.’ According to the report, the global prebiotics market is projected to grow to $6.61 billion by 2029, with a compound annual growth rate (CAGR) of 7.6% from 2022 to 2029.

Key factors driving this market growth include increasing consumption of prebiotics, rising demand for nutraceuticals, and growing preference for plant-based food ingredients. However, the market faces challenges due to a lack of awareness about the health benefits of prebiotics. The expanding use of prebiotics in infant formulas presents significant growth opportunities, while the trend toward natural, organic, and clean-label ingredients is shaping the market's future.

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Market Segmentation
The global prebiotics market is segmented by ingredient, application, and geography:
• Ingredient: The galacto-oligosaccharides segment is expected to grow at the fastest rate during the forecast period, driven by its health benefits, such as alleviating constipation, preventing colon cancer, and promoting the growth of bifidobacteria. In the food and beverage industry, galacto-oligosaccharides are used to enhance taste and improve the texture of non-alcoholic beverages and bakery products, owing to their low caloric value and moisture retention properties.

• Application: In 2022, the food & beverages segment held the largest share of the global prebiotics market, driven by rising demand for fortified foods and increasing health consciousness among consumers. This segment is also expected to register the highest CAGR during the forecast period, fueled by a shift towards healthier lifestyles, growing investments in product innovation, and greater awareness of prebiotics' health benefits.

• Geography: Asia-Pacific led the global prebiotics market in 2022, supported by growing interest in digestive health ingredients, focus on immune health in infants, innovations in prebiotic formulations, an aging population, and increased consumer awareness of the link between digestive health, immunity, and overall wellness. This region is also projected to achieve the highest CAGR throughout the forecast period.
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Key Players
Leading companies in the global prebiotics market include 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).

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Issued By Harshal
Country United States
Categories Business , Food , Nutrition
Tags prebiotics market , prebiotics market size , prebiotics market share , prebiotics market growth
Last Updated August 20, 2024