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Prebiotic Fiber Market Poised for Significant Expansion Through 2031 with Strong Demand in Food and Beverages and Nutritional Supplements
Prebiotic Fiber Market
According to the latest research by InsightAce Analytic, the Global Prebiotic Fiber Market is valued at US$ 6.62 Bn in 2023, and it is expected to reach US$ 13.67 Bn by 2031, with a CAGR of 9.7% during the forecast period of 2024-2031.
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Prebiotic fibers are non-digestible dietary fibers that promote the growth and activity of beneficial gut bacteria, thereby improving digestive health. Primarily derived from plant-based sources such as chicory root, onions, garlic, and bananas, these fibers are known for enhancing nutrient absorption and supporting a balanced gut microbiome. The growing consumer awareness of the health benefits associated with prebiotic fibers, particularly their role in enhancing gut health and boosting immune function, is a significant driver of market expansion.
Moreover, the rising prevalence of digestive disorders and gastrointestinal diseases is further accelerating the demand for prebiotic fiber supplements and functional foods. These fibers are valued for their ability to promote regular bowel movements and alleviate symptoms related to digestive issues, thereby driving greater adoption. Additionally, advancements in food processing and product formulation technologies have enabled the incorporation of prebiotic fibers into a wide range of food and beverage products without compromising taste or texture. This has broadened market opportunities across various categories, including bakery, dairy, and functional beverages, catering to diverse consumer preferences and dietary needs.
List of Prominent Players in the Prebiotic Fiber Market:
• BENEO
• Roquette Frères
• Ingredion Incorporated
• Cosucra Groupe Warcoing SA
• Cargill Incorporated
• Tate & Lyle PLC
• Jarrow Formulas
• Kerry Group
• Nexira
• Yakult Honsha Co. Ltd.
• Dupont de Nemours Inc.
• Royal Cosun
• Sensus
• Lonza Group AG
• Clasado Biosciences
• Fonterra Co-operative Group Limited
• ADM (Archer Daniels Midland Company)
• Nature's Way Products LLC
• NOW Foods
• Givaudan SA
• Other Prominent Players
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Market Dynamics
Drivers:
The growing consumer demand for functional foods and dietary supplements that promote digestive health is a primary driver of market growth. Ongoing research and development initiatives focused on identifying and substantiating the health benefits of prebiotic fibers are also contributing to market expansion. Additionally, rising healthcare expenditures and an increasing focus on preventive healthcare are driving the global demand for prebiotic fiber products. Supportive regulatory frameworks and the approval of health claims for prebiotic fibers have further encouraged manufacturers to innovate and introduce new products. Regulatory bodies in key markets are progressively acknowledging the health benefits of prebiotic fibers, thereby enhancing consumer confidence and fostering market growth.
Challenges:
Despite the positive market outlook, several challenges persist, including the high production and formulation costs of prebiotic fiber products, which may limit their affordability and accessibility in certain regions. Furthermore, complex regulatory requirements and stringent labeling standards for dietary supplements and functional foods containing prebiotic fibers present additional hurdles for market participants. Variations in consumer awareness and acceptance of prebiotic fiber products across different regions and demographic groups may also impede broader market adoption.
Regional Trends:
North America is projected to maintain a leading share of the prebiotic fiber market, driven by heightened consumer awareness and widespread adoption of functional foods and dietary supplements. The growing demand for premium animal feed components, particularly in light of recent disease outbreaks such as BSE, PEDV, and swine flu in the United States, further supports market growth. Additionally, rising disposable income levels are expected to bolster demand for dietary supplements, reinforcing the overall expansion of the market.
The Asia-Pacific region is anticipated to experience significant growth, driven by increased health consciousness and rising disposable incomes in countries such as China, India, and Japan. Consumer awareness of digestive health and the benefits of prebiotic fibers is propelling demand for enhanced food and beverage products. Moreover, increased discretionary spending on health and wellness products, including dietary supplements, in markets such as China, India, and Southeast Asia, is expected to further drive market growth.
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Recent Developments:
• In March 2023, Beneo GmbH announced the expansion of its prebiotic fiber production capacity in response to growing market demand for functional food ingredients that improve digestive health.
Segmentation of Prebiotic Fiber Market
Prebiotic Fiber Market- By Nature
• Organic
• Conventional
Prebiotic Fiber Market- By Product Type
• Galacto-Oligosaccharide
• Fructo-Oligosaccharide
• Mannan-Oligosaccharide
• Inulin
• Other
Prebiotic Fiber Market- By Application
• Food and Beverages
• Baked Foods
• Dairy
• Breakfast Snacks
• Animal Feed
• Nutritional Supplements
• Others
Prebiotic Fiber Market- By Sales Channel
• Direct Sales
• Indirect Sales
o Supermarket/Hypermarket
o Online Stores
o Retail Stores
Prebiotic Fiber Market- By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
View Overview Report: https://www.insightaceanalytic.com/report/prebiotic-fiber-market/2632
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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