Press release
Prebiotic Fiber Market Growth Set to Surge Significantly by 2034
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 indigestible dietary components that facilitate the growth and activity of beneficial gut microbiota, thereby contributing to improved digestive health. Commonly sourced from plant-based ingredients such as chicory root, onions, garlic, and bananas, these fibers enhance nutrient absorption and support a well-balanced gut microbiome. Increasing consumer awareness regarding the health benefits of prebiotic fibers-particularly their role in promoting gastrointestinal health and strengthening immune function-serves as a key factor propelling market growth.
The rising incidence of digestive disorders and gastrointestinal conditions is further augmenting demand for prebiotic fiber-based supplements and functional food products. These fibers are widely recognized for their efficacy in promoting regular bowel movements and mitigating symptoms associated with digestive discomfort, thus encouraging broader consumer adoption. In addition, advancements in food processing and formulation technologies have facilitated the seamless integration of prebiotic fibers into a diverse array of food and beverage applications. This has enabled manufacturers to expand product offerings across segments such as bakery, dairy, and functional beverages, effectively catering to evolving consumer tastes and dietary requirements.
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 increasing consumer inclination toward functional foods and dietary supplements that support digestive health is a key factor propelling the growth of the prebiotic fiber market. Continuous investments in research and development aimed at validating the health benefits of prebiotic fibers are further contributing to market expansion. Moreover, the rise in global healthcare expenditures, coupled with a heightened emphasis on preventive healthcare, is fueling the demand for prebiotic fiber-enriched products. Favorable regulatory policies and the endorsement of health claims associated with prebiotic fibers by regulatory authorities have encouraged manufacturers to innovate and introduce new product offerings. These approvals are bolstering consumer trust and accelerating market growth.
Challenges:
Despite favorable growth prospects, the market faces several challenges. High production and formulation costs associated with prebiotic fiber products may restrict their affordability and accessibility, particularly in cost-sensitive regions. Additionally, manufacturers must navigate complex regulatory landscapes and comply with stringent labeling and compliance standards, which can hinder product development and commercialization. Disparities in consumer awareness and acceptance of prebiotic fiber products across regions and demographic segments may also limit broader market penetration.
Regional Trends:
North America is expected to retain a dominant position in the prebiotic fiber market, supported by strong consumer awareness and widespread consumption of functional foods and supplements. The demand is further reinforced by the growing requirement for high-quality animal feed, particularly in response to recent livestock disease outbreaks such as Bovine Spongiform Encephalopathy (BSE), Porcine Epidemic Diarrhea Virus (PEDV), and swine influenza in the United States. Rising disposable incomes in the region are also anticipated to boost the uptake of dietary supplements, thereby supporting sustained market expansion.
The Asia-Pacific region is projected to witness substantial growth, driven by increasing health awareness and rising income levels in countries including China, India, and Japan. Consumers in these markets are becoming more informed about digestive health and the advantages of incorporating prebiotic fibers into their diets. Additionally, growing expenditure on health and wellness products, including nutritional supplements, particularly in China, India, and Southeast Asian nations, is expected to further stimulate market development in the region.
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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
Read 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 : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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