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Prebiotic Ingredients Market Report 2024: Strategies And Recent Developments | DuPont de Nemours Inc., Cargill Inc., Ingredion Inc., Royal FrieslandCampina N.V, Samyang Genex Corporation
Prebiotic Ingredients Market Characteristics
The Business Research Company offers in-depth market insights through Prebiotic Ingredients Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The prebiotic ingredients market size has grown rapidly in recent years. It will grow from $6.44 billion in 2023 to $7.16 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to increased focus on gut health, rise in digestive health concerns, growing awareness about the health benefits of prebiotic ingredients, rising demand for natural and organic products, increased demand for infant formula and baby food.
The prebiotic ingredients market size is expected to see rapid growth in the next few years. It will grow to $10.75 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to rising consumer demand for nutrient-dense meals, increasing demand for sugar substitutes, rapid economic expansion in emerging markets, aging population and digestive health, regulatory support and labeling. Major trends in the forecast period include technological advancements in developing inulin and oligosaccharides, multifunctional nature of prebiotic ingredients, personalized nutrition, synergy with probiotics, clean label and natural products.
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Market Segmentation:
The main types of prebiotic ingredients are inulin, fructooligosaccharides (FOSs), mannan-oligosaccharides (MOS), disaccharides, monosaccharides, nucleotide-activated saccharides, soy oligosaccharides and other types. Inulin refers to a white, mildly sweet, indigestible polysaccharide that occurs chiefly in the roots or tubers of various plants that is used as an additive in low-fat and low-sugar foods to improve the flavour and texture and as a diagnostic agent in a test for kidney function. The various sources include roots, grains, vegetables, fruit trunks (or) stems and other sources. The operationalities are gut health, immunity, cardiovascular health, bone health and weight management. The various applications involved are functional food and beverages, infant formula and baby food, dietary supplements, animal feed and pet food.
Major Driver - Growing Food And Drink Supplements Fuels Prebiotic Ingredients Market Growth
An increase in the demand for food and drink supplements is expected to propel the growth of the prebiotic ingredients market going forward. 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. For instance, in 2021, according to the survey of Health of the Nation, an initiative by the World Health Organization, a Switzerland-based government agency, over 71% of adults are taking food supplements, with one in three claiming that the pandemic was the catalyst, Therefore, an increase in the demand for food and drink supplements is driving the growth of the prebiotic ingredients market.
Competitive Landscape:
Major companies operating in the prebiotic ingredients market include DuPont de Nemours Inc., Cargill Inc., Ingredion Inc., Royal FrieslandCampina N.V, Samyang Genex Corporation, Beneo GmbH, Beghin Meiji S.A, Nexira SAS, Yakult Pharmaceutical Industry Co Ltd, Coöperatie Koninklijke Cosun U.A., Kerry Group plc, Fonterra Co-operative Group Limited, Prenexus Health, Taiyo International Inc., AIDP Inc., Thera-Plantes Inc., Novasep Holding SAS, Jennewein Biotechnologie GmbH, Cosucra-groupe Warcoing SA, Sensus BV, Tate & Lyle PLC, Roquette Frères S.A., Archer Daniels Midland Company, Bunge Limited, FrieslandCampina Ingredients, Wacker Chemie AG, GTC Nutrition LLC, Jarrow Formulas Inc., Lonza Group Ltd.
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Top Trend - New Product Solutions Embraces Prebiotic Ingredients Market
Product innovations are a key trend gaining popularity in the prebiotic ingredients market. 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.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Prebiotic Ingredients Market Characteristics
3. Prebiotic Ingredients Market Trends And Strategies
4. Prebiotic Ingredients Market - Macro Economic Scenario
5. Prebiotic Ingredients Market Size And Growth
…..
27. Prebiotic Ingredients Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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