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Prebiotic Ingredients Market Growing Trends, Recent Developments, Share Analysis And Forecast To 2032
Prebiotic Ingredients Market Analysis
The Business Research Company's Prebiotic Ingredients Global Market Report 2023 identifies increase in the demand for food and drink supplements as the major driver for the prebiotic ingredients market's growth in the forecast period. Food and drink supplements refer to concentrated sources of nutrients or other compounds with a nutritional or physiological effect. Prebiotic ingredients are consumed in foods or in supplement forms such as drinks and food.
The global prebiotic ingredients market size grew from $5.81 billion in 2022 to $6.47 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the prebiotic ingredients market is expected to grow to $9.7 billion in 2027 at a CAGR of 10.6%.
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Major competitors in the prebiotic ingredients market are DuPont de Nemours and Company, Cargill Inc., Ingredion Incorporated, Royal FrieslandCampina N.V, Samyang Genex Corporation, Beneo GmbH.
A key trend in the prebiotic ingredients market includes product innovations. Major companies operating in the prebiotic ingredients market are focused on developing new product innovation solutions to strengthen their position in the market. For instance, in January 2022, Gnosis by Lesaffre, an Italy-based producer of prebiotic ingredients, launched Lynside® Immunity Prebiotic. This product creates innovative prebiotic opportunities by stimulating fundamental groups of bacteria that use saccharomyces cerevisiae yeast cell walls to create a new type of yeast-based prebiotic that can be digested by a specific gut bacterial group and cause the formation of certain short-chain fatty acids due to its complex carbohydrate content.
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The prebiotic ingredients market is segmented -
1) By Type: Inulin, Fructooligosaccharides (FOSs), Mannan-Oligosaccharide (MOS), Disaccharides, Monosaccharide, Nucleotide-Activated Saccharides, Soy Oligosaccharides, Other Types
2) By Source: Roots, Grains, Vegetables, Fruits Trunk (or) Stem, Other Sources
3) By Operability: Gut Health, Immunity, Cardiovascular Health, Bone Health, Weight Management
4) By Application: Functional Food and Beverage, Infant Formula and Baby Food, Dietary Supplements, Animal Feed, Pet Food
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the prebiotic ingredients market.
The Business Research Company's "Global Prebiotic Ingredients Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Prebiotic Ingredients Market Include:
1. Executive Summary
2. Prebiotic Ingredients Market Characteristics
3. Prebiotic Ingredients Market Trends And Strategies
4. Prebiotic Ingredients - Macro Economic Scenario
5. Prebiotic Ingredients Market Size And Growth
…..
26. Africa Prebiotic Ingredients Market
27. Prebiotic Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Prebiotic Ingredients Market
29. Prebiotic Ingredients Market Future Outlook and Potential Analysis
30. Appendix
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