Inulin Market Global Industry Analysis and Forecast (2024-2032)

The global Inulin Market was valued at USD 1.72 Billion in 2023 and is expected to reach USD 2.91 Billion by the year 2032, at a CAGR of 6.8%

Inulin is a type of soluble fiber found in certain plants, particularly in the roots or rhizomes of vegetables like chicory, Jerusalem artichokes, and onions. It's a polysaccharide, meaning it's made up of multiple sugar molecules. Despite being a carbohydrate, inulin is not digested or absorbed in the small intestine like most sugars. Instead, it travels to the colon, where it serves as a prebiotic, nourishing beneficial bacteria in the gut. This fermentation process produces short-chain fatty acids, which offer various health benefits, including improved digestion, enhanced immune function, and potentially even lowering the risk of certain diseases like colon cancer.

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Companies Covered in the Report: Sensus NV (US),Ciranda Inc. (US),The Green Labs LLC (US),The Ingredient House (TIH) (US),Archer Daniels Midland Company (US),Jarrow Formulas Inc. (US),NOW Foods(US),The Tierra Group (US),Nutriagaves Group (US),Steviva Brands Inc (US),Cargill Incorporated (US),IntrinsicOrganics (US),Nova Green Inc. (Canada),Novo Nordisk (Denmark),BENEO GmbH (Germany),Cosucra Groupe Warcoing SA (Belgium),Sensus BV (Netherlands),Naturel West Corp EU B.V. (Netherlands),Nexira (France),Adept Impex Private Limited (India),Bioven Ingredients (India),PMV Nutrient Products Pvt Ltd (India),Shandong Baolingbao Biotechnology Co. Ltd (China),Bioway (Xi'An) Organic Ingredients Co., Ltd (China),Dingxi Longhai Dairy Co. Ltd. (China), and Other Major Players

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Inulin Market Trend Analysis:
Increasing Consumers' Interest in Prebiotics
Prebiotic inulin is becoming more well-liked among consumers all over the world as people realize how crucial gut health is. Prebiotics like inulin are becoming more popular because consumers want better digestion, a reduced stress response, better hormonal balance, and a decrease in cardiovascular diseases. As a result, producers are showing interest in using functional ingredients like inulin to create functional food, beverage, and health supplement products.
Inulin is widely used in adult products, and it is being added to infant formula or milk more frequently to help babies' and young children's intestinal microflora.

The Inulin Market Segmentation:
Inulin market segments cover the Nature, Source, Form, and Application. By Application, the Food & Beverage, segment is anticipated to dominate the Market Over the Forecast period.
The inulin market is dominated by the food and beverage segment, demonstrating this sector's significant influence and importance within the food industry. The widespread use of inulin is facilitated by the segment's further diversification into a number of categories, including dairy products, bakery and confectionery, meat products, and beverages. The versatility of inulin is one of the main factors influencing its use in the food and beverage industry. Due to its many uses in the food industry, inulin is a very sought-after ingredient.

By Type
• Organic
• Conventional

By Source
• Agaveinulin
• Chicoryinulin
• Jerusalem Artichoke

By Form
• Powder
• Liquid

By Application
• Food & Beverage
• Dietary Supplements
• Pharmaceuticals
• Animal Feed

The Inulin Market By Region:
 North America (U.S., Canada, Mexico)
 Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
 Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
 Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
 Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
 South America (Brazil, Argentina, Rest of SA)

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Key Industry Developments in the Inulin Market:
• In March 2022, Sensus, a Dutch co-op member, announced its plans to expand the production of chicory root fiber (inulin) to meet the growing demand for natural prebiotics in plant-based foods and supplements.
• In December 2021, Beneo, a functional ingredient manufacturer, invested EUR 30 million (USD 33.9 million) in expanding its capacity for producing prebiotic chicory fiber roots in Chile and Belgium. The expansion would increase the production of chicory root fiber inulin by over 40% to meet customer demand and promote the growth of the inulin market.

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