Comprehensive analysis on Prebiotics Market Growth | Key Players are: Abbot Laboratories, Yakult Pharmaceutical, DuPont, and Friesland Campina
Increasing demand for high quality food & beverage additives owing to changing consumer perceptions towards healthy diets, and rising awareness on benefits of prebiotics induced food products may boost market share. Prebiotics are widely used in fortifying snacks, dry foods, and bakery products as it offers high antioxidant concentration and aids in easy digestion without triggering the production of bile and gastric acids such as potassium chloride & sodium chloride thus reducing the risk of chronic digestive ailments which is likely to encourage prebiotic demand.
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Some of the major players operating in the prebiotics market include Abbot Laboratories, Yakult Pharmaceutical, DuPont, and Friesland Campina.
Prebiotics Market size is expected to exceed USD 8.5 billion by 2026. Changing consumer inclination for naturally fortified food additives and increasing prevalence of chronic digestive ailments may augment market share.
Some major findings of the prebiotics market report include:
- Increasing prebiotics demand across the globe due to their benefits such as low gastric acid production, and regulation of insulin controlling enzymes
- Rising geriatric population and increasing awareness towards potential drawbacks of chemically induced fortified ingredients
- Changing consumer perceptions towards animal diets, and rising demand for high quality derivative products such as eggs, meat, and milk in Asia Pacific is expected to provide profitable opportunities to prebiotics market growth
- Companies are manufacturing hybrid strains to reduce side effects diversifying product portfolio, and increase market share.
- In Europe, prebiotic products can only be labeled and advertised if the manufacturer provides specific and measurable evidence on the efficacy of products which is making companies to opt for high quality and effective strains thus boosting market share.
- Manufactures in North America and European markets are bringing alternative prebiotic products and trying to expand product segment by introducing new hybrid, and customized strains that offer more nutritional benefits thereby fostering market growth.
- Increasing cases of acquisitions is increasing market competition & is making competitors shift towards diversifying segments, and catering to various industry applications
Rising demand for easily digestible animal feed ingredients owing to rising awareness towards the quality of milk and meat products may boost market share. MOS prebiotic strain is widely used in supplement ruminant diets as it aids in easy breaking down of plant material and increases the quantity & quality of milk. Increasing demand of milk & derivative products such as butter and cheese, growing infant population, and rising health consciousness may encourage the use of prebiotic strains and accelerate market share.
Rising per capita income, growing health awareness, and improved access to high-quality ingredients should accelerate Asia Pacific prebiotics market growth. It is widely in manufacturing dietary supplements as it aids in maintaining normal glucose levels and strengthens the immune system to trigger the production of intestinal flora and fauna. Rising geriatric population and increasing prevalence of digestive disorders such as chronic ulcers, acidity, and constipation is attracting consumers to switch towards easily digestible and natural supplements which may augment market share.
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