Prebiotic Ingredient Market Volume Analysis, Segments, Value Share and Key Trends 2015-2025
Prebiotic ingredient Market: Segmentation
Prebiotic ingredient market is segmented on the basis of sources as vegetable, cereals and root. Vegetables such as asparagus, beans, onion and others are used as good source of prebiotics. Chicory root is richest source of inulin. Cereal includes barley, oat and others.
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Prebiotic ingredient market is further segmented on the basis of ingredients type such as fructo-oligosaccharides (FOS), inulin, mannan oligosaccharides (MOS), and others galacto oligosaccharides (GOS). Out of all inulin is the most widely used ingredient in food industry. Fructo-Oligosaccharide help to promote growth of healthy bacteria flora which avoids food digestion problems. Galacto-oligosaccharides shows various health benefits such as bifido bacteria growth, increase calcium absorption. FOS is expected to be second, followed by inulin and is expected to be the fastest growing segment in prebiotic ingredient market over the forecast period.
Prebiotic ingredients market is segmented on the basis of application includes food and beverages, dietary supplements and others such as animal feed. Out of these segments food and beverage is expected to be highest. It can be sub-segmented as dairy products, cereal and bakery products, fermented meat and other. Dietary supplement is sub-segmented as food supplements, nutritional supplements, specialty nutrients and infant formulae. Out of these nutritional supplements will grow at faster rate during forecast period. Lastly, animal feed is in growth phase since manufacturers in animal feed are concentrating in research and development of sustainable products.
Prebiotic ingredient Market: Region-wise Outlook
Prebiotic ingredient market is segmented on the basis of region such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific except Japan, Japan and Middle East and Africa. Out of these region Europe is mature market and expected to be highest during forecast period. Increased demands for healthy food is driving the market for prebiotic ingredient. With increasing concern of gut health and new product launch in emerging economies such as Asia, Japan and China is expected to be second highest in terms of value during forecast period.
Prebiotic ingredient Market: Drivers
The increasing concerns about obesity is leading to use sugar free and fat free or reduced fat products is expected to boost prebiotics ingredients market demand. Consumer prefers dairy products as a best source of prebiotics and increasing investment and developments in dairy industry is fuelling the growth of prebiotic ingredient market.
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Prebiotic ingredient Market: Key Players
The key international players operating in prebiotic ingredient market includes Beghin Meiji, Beneo-Orafti SA, Cargill Incorporated, Cosucra Groupe Warcoing SA, FrieslandCampina Domo, Royal Cosun Roquette Frères, Healy Group (New Francisco Biotechnology Corporation).Major manufacturers of prebiotic food products are Abbott Nutrition, Clasado Ltd., Jarrow Formulas, Inc. and Weetabix Ltd.
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