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Global Inulinase Market set to increase significantly by 2024
Global Inulinase Market: Overview
Inulin is a poly fructan that is obtained naturally. Inulin is used widely for the high fructose syrup production which requires microbial or chemical procedures. When inulin is converted into fructose and FOS this conversion is accelerated by the microbial inulinases. Inulinase is used as an alternative to sweeteners which are safe to consume as compared to sucrose. There are numerous new producers of inulinase who have acquired encoding of the genes of inulinases from various microorganisms. Inulinase is widely prevalent in microorganisms and plants.
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Global Inulinase Market: Segmentation
The market for inulinase is globally fragmented into product types and application. On the basis of product types, the global market is segregated into plant inulinase and microbial inulinase. Based on the applications, the market is bifurcated into inula-oligosaccharides production, high fructose syrup, and bioethanol production.
Global Inulinase Market: Growth Factors
In the recent years, there has been an increase in the demand for healthier foods and foods that have low content of calories. This has forced the manufacturers of the several food industries to develop and use alternative sweeteners that are safe for consumption. The product that has been used as functional sweeteners is fructooligosaccharides which is very much same as other microbial oligosaccharides. The production of into-oligosaccharides includes endo inulinases from inulin and the components that contain inulin. The inulinase production is affected by the organism type and that is used for the fermentation process and by the medium components. The other factor that aids in the inulinase market growth is the developments that are made in the technology. The most significant application of inulinase is that it is used in the production of syrup of fructose. Increasing awareness among the consumers about health is increasing the requirement of fructose.
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Global Inulinase Market: Regional Analysis
Geographical segmentation of the global inulinase market is diversified into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, and the Middle East and Africa. The regions that dominate the inulinase market are Western Europe and North America. Both these regions are expected to hold the largest share in the inulinase market worldwide. The key factor that attributed to this market growth in the North America and Europe is the increasing health problems which arise due to hectic lifestyles, especially in the developed regions. Asia Pacific region projects to account for highest market growth rate in the coming years. Factors that are contributing to this growth are the increasing preferences of utilizing low-calorie substitutes which are naturally derived such as from fructose. Inulinase can be extracted from several sources. There is an increasing demand for fructose syrup by several vendors in the market, mainly in India and China.
Global Inulinase Market: Competitive Players
The key market players that are involved in the inulinase market include Jarrow Formulas, Sensus, Beneo, Beneo-Orafti, and Cosucra.
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Inulinase Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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