Prebiotics Market Opportunity To Reach USD 8,794.7 Million by 2025: Global Industry Analysis, Size, Share, Future Trends And Latest Research Report

Market Overview

The Global Prebiotics Market has witnessed continued growth over the last few years and is projected to reach USD 8,794.7 Million by 2025 at a CAGR of 9.7%. Prebiotics are fibers that the body cannot digest; they act as food for the microflora present in the gut. The market growth is mainly driven by the growing emphasis on the digestive health owing to the changing lifestyle. Increased demand for functional foods and dietary supplements across the globe has boosted the demand for prebiotics in the market. Moreover, the increasing scope of application of prebiotics across industries has opened new opportunities for prebiotic manufacturers. However, limited awareness regarding the benefits of prebiotics than probiotics is expected to restrain the growth of the market. The market is competitive in nature with key industry players adopting various strategies such as expansion, acquisition, and product launches to strengthen their market positions. Most companies in the market are focused on expanding operations across regions, augmenting their capabilities, and building strong partner relations.

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The growth of the global prebiotics industry is primarily driven by the increasing emphasis on improving digestive health, and surging demand for functional ingredients in food & beverages. Prebiotics are the non-digestible ingredients of the food that are high in fiber content. These ingredients serve as a food source for beneficial gut microflora or probiotics, support their growth, and help in enhancing gut health and functioning of the colon. Hectic daily schedules, long working hours, and sedentary lifestyles have impacted eating habits as well as food choices, resulting in an increased prevalence of various lifestyle-related conditions such as diabetes and obesity. A focus on improving overall health and preventive care has accelerated the demand for functional foods, including prebiotic products.

Segmentation

The global prebiotics market is segmented into type, application, and region.

Based on type, the market has been segmented into inulin, fructo-oligosaccharides, galacto-oligosaccharides, and others. The inulin segment dominated the market in 2018 with a market share of more than 37%. Based on application, the market has been segregated into functional food & beverages, dietary supplements, and others. The functional food & beverages segment has been further segmented into dairy products, infant nutrition, beverages, breakfast cereals, and others. Dietary supplements segment is expected to register the highest CAGR of 10.0% during the forecast period 2019–2025.

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Regional Analysis

Region-wise, the global prebiotics market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Europe dominated the global prebiotics market in 2018 and is expected to register a CAGR of 9.2% during the forecast period. Germany, France, and the UK are the major countries in the region exhibiting rising demand for prebiotics.

The Asia-Pacific prebiotics market is expected to be highly lucrative for market players operating in the prebiotics market due to the rapid growth of the food industry in this region. Moreover, market players are entering into the regional market at a high rate, which in turn is expected to boost the regional market growth.

Key Players

The prominent players in the global prebiotics market are Cargill, Incorporated (US), BENEO GmBH (Germany), Clasado Biosciences Ltd (UK), Roquette Frères SA (France), Cosucra Groupe Warcoing SA (Belgium), Royal FrieslandCampina NV (Netherlands), Kerry Group PLC (Ireland), Ingredion Incorporated (US), Tereos Starch & Sweeteners SAS (France), and EW Nutrition GmbH (Germany).

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This release was published on openPR.