2019-2025 Food & Beverages to drive the Inulin Market at a CAGR Of 10.9% | Analysis by Key Leading Players - Cargill, Beneo-Orafati, Sensus, Tierra, Ciranda, Cosucra Groupe, Fenchem, Jarrow Formulas, Shandong Baolingbao Biotechnology, and Wuxi Cima Scienc

A study on “Global Inulin Market Size 2017 By Application (Food & Beverage, Dietary Supplements, Pharmaceuticals, Others), By Region and Forecast 2018 to 2025” has been launched by Adroit Market Research. The study contains global inulin market growth in terms of volume (Kilo Tons) and revenue (USD Million) for a period of 11 years, between 2015 and 2025. The study covers key trends, such as drivers, restraints, and opportunities.

Furthermore, the study on the global inulin industry encompasses detailed analysis of the market based on its value chain, Porter’s five forces, regulatory framework, and vendor landscape. The global inulin market share for different applications has been provided on a regional and country level.

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The global inulin market size that was valued at USD 880.9 million in 2017, is projected to display gradual growth rate during the forecast period owing to favorable effects of inulin in terms of appetite, weight management, and ectopic fat. Deficiencies in the diet are expected to lead to the occurrence of numerous diseases resulting in consumers having to intake an adequate quantity of dietary fibers which will help in reducing the risk of ailments.

The global inulin market value is estimated to reach USD 2.03 billion by 2025 driven by the increasing demand for the product as a promoter of good intestinal health. Over the past few years, probiotics have emerged as a popular supplement with ample opportunity in the food & beverage segment.

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An increasing number of health-conscious consumers is supporting the penetration of inulin in the global prebiotics industry and is likely to display positive growth over the forecast period. Additionally, GRAS recognition from the US Food and Drug Administration (FDA) agency in June 2018 is likely to encourage consumers to opt for dietary fibers products, hence, increasing the driving the global inulin market share in various application.

In terms of region, Europe inulin market value exceeded USD 400 million in 2017 with corresponding demand at 165.5 kilo tons. Europe’s chicory root production accounts for a major market revenue share of nearly more than 80%, however, this percent share is likely to reduce over the foreseeable future owing to increase in production of chicory roots across other regions, such as South Africa, Asia Pacific, and Latin America.

Rising disposable income coupled with increased consumer spending on food and drinks that are beneficial to health is driving the inulin market growth in the Asia Pacific. Initially, China imported chicory roots from the Netherlands and introduced it to Chinese food additive producers. After investigating about its positive attributes, Chinese manufacturers started planting chicory roots on a large scale. Furthermore, Chinese consumers are shifting from processed food to naturally grown food, hence, contributing a healthy share within the global inulin market.

Indian inulin market is at a nascent stage as the Indian farmers possess less knowledge about the importance and marketability of chicory roots. Uttar Pradesh and Gujarat altogether account for nearly 95% of the chicory roots production in India. Even though the production of these upstream products of inulin is gaining momentum, consumption, and processing of this plant is the key factor hindering the growth of inulin as a product in the country.

Key players in the global inulin market consist of Cargill, Beneo-Orafati, Sensus, Tierra, Ciranda, Cosucra Groupe, Fenchem, Jarrow Formulas, Shandong Baolingbao Biotechnology, and Wuxi Cima Science.

Key segments of the global inulin market

Application Overview, 2015-2025 (Kilo Tons) (USD Million)
• Food & beverage
• Dietary Supplements
• Pharmaceuticals
• Others

Regional Overview, 2015-2025 (Kilo Tons) (USD Million)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• Indonesia
• China
• Central and South America
• Mexico
• Middle East and Africa
• Israel

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Reasons for the study

• FDA approval of eight additional dietary fibers as of June 2018 is likely to provide further growth opportunities to the inulin market demand
• There are no specific restraint related with the consumption of inulin as it has been generally regarded as safe (GRAS) by FDA.
• Europe accounted for a major market share, both in terms of volume and value. Asia Pacific is the fastest growing market for inulin owing to flourishing demand of natural dietary fiber coupled with highest populace in this region

Who should you buy this report?

The global inulin market study meets the needs for various parties including government and non-government associations, consultants , analysts, researchers and academicians
The report is also suitable for companies that are currently operating in the market as well as those looking to integrate their operations in the inulin industry.
Moreover, the study can also help new entrants take informed decisions about venturing into the market.

About Adroit Market Research:
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