Prebiotic Fiber Market Size, Share, Trends And Strategies For 2024-2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Prebiotic Fiber Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $11.06 billion In 2028 At A CAGR Of 11.2% :

The prebiotic fiber market size has grown rapidly in recent years. It will grow from $6.51 billion in 2023 to $7.23 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increasing awareness about the importance of gut health, growing consumer interest in natural and functional foods, expansion of the aging population, rising demand for low-calorie and sugar-free food alternatives, and growing popularity of plant-based diets.

The prebiotic fiber market size is expected to see rapid growth in the next few years. It will grow to $11.06 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to growth of the functional food and beverage industry, rising prevalence of digestive health disorders, growing emphasis on preventive healthcare and wellness, increasing investment in product development, growing consumer interest in personalized nutrition. Major trends in the forecast period include prebiotic fiber supplements, personalized nutrition, cosmetic products, fermented foods, baby food products, and prebiotic fiber-enriched beverages.

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Prebiotic Fiber Market Major Segments
The prebiotic fiber market covered in this report is segmented -

1) By Type: Inulin, Mannan-Oligosaccharide, Fructo-Oligosaccharide, Galacto-Oligosaccharide
2) By Nature: Organic, Conventional
3) By Application: Food And Beverages, Baked Foods, Dairy, Breakfast Snacks, Animal Feed, Nutritional Supplements, Other Applications
4) By Sales Channel: Direct Sales, Indirect Sales, Supermarket, Online Stores, Retail Stores

Key Driver - The Plant-Based Revolution Implications For Prebiotic Fiber Market Growth

The growing popularity of plant-based diets is expected to propel the growth of the prebiotic fiber market going forward. Plant-based diets involve eating primarily or fully plant-derived foods, such as fruits, vegetables, grains, nuts, seeds, and legumes, while limiting or eliminating animal products. The growing popularity of plant-based diets can be attributed to increasing awareness of their health benefits, ethical considerations regarding animal welfare, and concerns about environmental sustainability. Prebiotic fiber plays an essential role in providing nutrition for beneficial gut bacteria, supporting digestive health, and enhancing the absorption of nutrients from plant-based foods, thereby complementing the nutritional profile of these diets. For instance, in April 2023, according to a report published by The Plant-Based Foods Association, a US-based trade association representing the plant-based food industry, plant-based foods accounted for $8 billion in U.S. retail sales in 2022, representing an increase of approximately 6.67% from $7.5 billion in 2021. Therefore, the growing popularity of plant-based diets is driving the growth of the prebiotic fiber market.

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Prominent Trend - Prebiotic Fiber-Enriched Beverages Redefining Consumer Health Choices

Major companies operating in the prebiotic fiber market are focusing their efforts on introducing functional foods and beverages fortified with prebiotic fiber, such as prebiotic fiber-enriched beverages, to reach health-conscious consumers seeking convenient options to support digestive health. Prebiotic fiber-enriched beverages are those that have extra prebiotic fibers added to them to aid in digestion and gut health. For instance, in November 2023, Beliv, a US-based beverage company, launched Mighty Pop, the first soda to include prebiotics, probiotics, and postbiotics in one formula. It aims to provide consumers with a convenient, palatable beverage that also supports health. Each can of Mighty Pop contains one billion live probiotic cultures, three grams of prebiotic fiber sourced sustainably from certified carbon-neutral acacia plants, and postbiotics known to support immune health and microbiome modulation. Mighty Pop offers a healthier soda alternative with three grams of sugar sourced from agave and a low calorie count of 30 per serving.

Prebiotic Fiber Market Players
Major companies operating in the prebiotic fiber market report are Cargill Incorporated; The Archer-Daniels-Midland Company; Abbott Laboratories; GSK plc; The Kraft Heinz Company; Royal FrieslandCampina N.V.; Kerry Group plc; Ingredion Incorporated; Tereos SA; Parmalat S.p.A.; Dupont Nutrition & Health ; Yakult Honsha Co. Ltd.; Tate & Lyle plc; Samyang Foods ; NOW Health Group Inc.; BENEO GmbH; Nexira; Galam Ltd.; Jarrow Formulas Inc; Cosucra Groupe Warcoing SA; Sensus; Attune Foods LLC; KeVita Inc.; GTC Nutrition; Jackson GI Medical

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the prebiotic fiber market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the prebiotic fiber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Prebiotic Fiber Market Report Structure
3. Prebiotic Fiber Market Trends And Strategies
4. Prebiotic Fiber Market - Macro Economic Scenario
5. Prebiotic Fiber Market Size And Growth
…..
27. Prebiotic Fiber Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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