Press release
Inulin Market Size Worth US$ 1.47 Billion in 2021| Key Players Cargill Incorporated, Ciranda Inc, Sensus, NOW Foods, etc
Inulin Market Overview:
The global market reached a value of US$ 1.47 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.33 Billion by 2027, exhibiting at a CAGR of 8.05% during 2022-2027. Inulin is indigestible, naturally occurring polysaccharide dietary fiber commonly found in various vegetables, fruits, and herbs, including leeks, artichokes, and asparagus. It is rich in fibers and prebiotics that nourish the good bacteria in the gut and feed them to improve bowel function and overall health. Apart from this, inulin aids in regulating weight, preventing the risk of various disorders, including diarrhea, colon cancer, and diabetes, controlling blood sugar levels, enhancing mineral absorption, and aiding in weight loss.
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Inulin Market Trends/Drivers:
The rapid expansion in the food and beverage (F&B) sector and the increasing product utilization in the dairy industry due to its emulsifying, stabilizing, and thickening properties are majorly driving the market growth. In line with this, inulin is widely incorporated in dietary supplements, energy drinks, and neutraceuticals to meet the growing demand of health-conscious consumers for various functional foods with prebiotic ingredients. Additionally, the introduction of organic inulin manufactured using natural ingredients with low-calorie content and is free of hazardous chemicals is propelling the market growth. Moreover, the extensive product usage in the pharmaceutical sector to coat capsules and tablets and as a colon-specific drug delivery agent, owing to its rapid water solubility, low friability, and stability against intestinal and gastric enzymes, are acting as other growth-inducing factors.
Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Form, Nature, Application, Region
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape:
BENEO GmbH (Südzucker AG)
Cargill Incorporated
Ciranda Inc
Cosucra Groupe Warcoing SA
Jarrow Formulas Inc
NOW Foods
Nutriagaves Group
PMV Nutrient Products Pvt Ltd
Sensus B.V. (Coöperatie Koninklijke Cosun U.A.)
Steviva Brands Inc
The Tierra Group.
Key Market Segmentation:
Breakup by Type:
Jerusalem Artichoke Inulin
Chicory Inulin
Agave Inulin
Breakup by Form:
Powder
Liquid
Breakup by Nature:
Organic
Conventional
Breakup by Application:
Pharmaceuticals
Dietary Supplements
Food and Beverage
Bakery and Confectionery Products
Cereals
Meat Products
Sports Drinks
Dairy Products
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Contact Us:
IMARC Group
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Sheridan, WY 82801 USA - Wyoming
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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