Press release
Inulin Market Set to Surge Significantly During 2024 - 2031 | The Green Labs LLC, Ciranda, Inc., Adept Impex Private Limited
Inulin Market
The global inulin market was valued at US$ 1,556.5 Mn in 2021 and is forecast to reach a value of US$ 2,362.1 Mn by 2028 at a CAGR of 6.1% between 2022 and 2028.
Market Dynamics:
The inulin market is expected to witness significant growth over the forecast period owing to rising demand from food and beverage industry. Inulin is widely used in dairy products, bakery, dietary supplements and more to provide multiple health benefits and act as fat replacer. The market growth can also be attributed to increasing health consciousness among consumers and growing demand for prebiotic and low-calorie food products. Furthermore, the rising prevalence of lifestyle diseases such as diabetes and obesity have raised the need for functional food products with added health benefits, thereby propelling the demand for inulin. Innovation and new product launches containing inulin extracts by key players are also expected to boost the market growth during the forecast period.
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Major Opportunity for Inulin Market Growth
Increasing Demand for Plant-Based and Vegan Foods
With the rising trends of veganism, flexitarian diets, and sustainable living, the demand for plant-based meat and dairy alternatives is growing exponentially. Inulin extracts from chicory roots are widely used in vegan cheese, yogurt, ice cream and meat substitutes to mimic the texture and mouthfeel of dairy and meat products. It allows manufacturers to develop more realistic plant-based foods without using animal ingredients. Inulin helps deliver a similar sensation of creaminess with lower calories. This emerging opportunity is opening new innovation pathways and revenue streams for companies in this market.
Dominant Trend in the Inulin Market
Focus on Developing Novel Formulations for Enhanced Delivery and Uptake
Major market players are investing heavily in R&D to expand the functional applications of inulin. Continuous innovations are being made in micro-encapsulation, complexing, and granulation techniques to enhance the delivery, dispersion, and bioavailability of inulin across different product formats. Modified and cross-linked inulin variants with tailored physicochemical properties are improving the sensory and textural performance in various food systems. Nano-structuring of inulin is a new area of interest, making it more suitable for clear liquid formulations. Such technological advancements will help drive broader commercialization of inulin-fortified foods over the coming years.
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Top Companies Featured in This Report:
★ The Green Labs LLC
★ Ciranda Inc.
★ Adept Impex Private Limited
★ Nova Green Inc.
★ The Tierra Group
★ The Ingredient House (TIH)
★ SENSUS NV
★ Beneo Remy NV
★ Cargill Inc.
★ Cosucra Groupe Warcoing SA
★ PMV Nutrient Products Pvt Ltd.
★ Xirui Bioengineering Company
★ Dingxi Longhai Dairy Co. Ltd.
★ among others
Market Segmentation:
By Product Type:
★ By Geography: North America, Europe, Asia-Pacific, Middle East and Africa, and South America
By Applications:
★ By Application: Food and Beverage, Dietary Supplements, and Pharmaceuticals
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
The report offers insights on the following aspects:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Analysis of Inulin Market Competition Landscape by Players
Chapter 4: Assessment of Inulin Market Size by Type and Application
Chapter 5: Global and Regional Analysis
Chapter 6: Company Profiles, recent developments, and investments
Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8: Evaluation of Value Chain and Sales Channels, including breakthrough product developments
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology/Research Approach
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Inulin sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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