Prebiotics Market Valued at $9.16 Billion in 2023, Projected to Reach $24.24 Billion by 2030 with a 14.9% CAGR

Prebiotics Market size was valued at US$ 9.16 Bn. in 2023 and the total revenue is expected to grow at 14.9% through 2024 to 2030, reaching nearly US$ 24.24 Bn. by 2030.

Prebiotics Market Overview:

The increasing use of prebiotics in the dairy industry due to its health benefits is expected to increase demand and growth of prebiotics market in the forecast period. The growing technological advances in the development of inulin and oligosaccharides are likely to replace sugar that is expected to advance the market in the forecast period. The high demand for dietary supplements and the changing consumer perspective on the health benefits of fiber is expected to stimulate growth in the coming years.

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Prebiotics Market Dynamis:

The prevalence of gastrointestinal tract infections, such as constipation, Irritable Bowel Syndrome (IBS), Gastroesophageal Reflux Disease (GRD), and inflammatory bowel disease, have raised concerns about intestinal health, thus expected to support market growth over the medium term. time. In addition, the growing and growing harvest of natural prebiotic herbs is expected to boost the market. The growing investment in research and development (R&D) companies' development of new ingredients is accompanied by a growing acceptance among consumers to pay for high-quality food products containing prebiotic ingredients has enabled manufacturers to drive effective health management systems.

Prebiotics Market Regional Analysis

The growing consumption of dairy products is expected to boost market growth in the country. In addition, growth in consumer awareness and the number of older people in the country will also support market development. The Australian dairy industry is also growing and adapting to changes in the global market, which is expected to increase demand for the product. The European region dominated the global market by 2021. Product diversity and its growing importance in the food and beverage industry are expected to drive the regional market. North America is expected to see steady growth from 2024 to 2030.

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Prebiotics Mrket Segmentation:

The growing demand for symbiotic and the growing demand for baby food is expected to further the demand over the next eight years. The increasing use of FOsin dietary fibre and its ability to prevent gastrointestinal disorders is expected to increase market demand in the forecast period. In addition, the increased use of FOS in the treatment of infectious diseases in long-term care facilities and hospital wards will drive partial growth. The demand for MOS ingredients is increasing due to the growing demand for prebiotics in animal foods. However, a shortage of MOS ingredients and the rising cost of unripe material are expected to hinder partial growth.

Leading Prebiotics Market key industry:

Bright Food (Group) Corp. Ltd. (China)
Cargill Inc. (US)
Kraft Foods Group, Inc. (US)
Cosucra Groupe Warcoing SA (Belgium)
The Kraft Heinz Company (US)
FrieslandCampina (Netherlands)
Jarrow Formulas, Inc. (US)
Parmalat S.p.A (Italy)
Roquette Frères (France)

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Key questions answered in the Prebiotics Market are:

What segments are covered in the Prebiotics Market report?
Which region is expected to hold the highest share in the Prebiotics Market?
What is the market size of the Prebiotics Market by 2030?
What is the forecast period for the Prebiotics Market?
What was the market size of the Prebiotics Market in 2023?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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