Prebiotic Ingredients Market Global Industry Analysis
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the pharmaceutical industry.
Prebiotics are the ingredients used in food & beverage applications because of their functional properties. They are highly used in food & beverages & to impart nutritional value to many food items. With the development of food technology, the need of prebiotic ingredients has increased significantly in the past decade.
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The major factors propelling the market are increasing awareness regarding obesity is resulting in sugar free or reduced fat products. This is estimated to propel prebiotics ingredients market demand. Consumers mainly prefer dairy products as the best source of prebiotics and rising investment and developments in dairy industry is triggering the growth of prebiotic ingredient market.
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The Global Prebiotic Ingredients market is segmented on the basis of Type into Oligosaccharides, Inulin, and Polydextrose. Based on Application, the market is segmented as Food & Beverages, Dietary Supplements, and Animal Feed. Further, on the basis of Source, the market is segmented into Roots, Grains, and Vegetables.
On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Middle-east and Africa and Latin America. The Global Prebiotic Ingredients market was dominated by Asia Pacific region, with the largest market share globally, followed by Europe and North America, respectively.
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Some of the major companies dominating the market, by their products are GEA Group, The Krones Group, SPX Corporation, Tetra Laval, Alfa Laval, IMA Group, IDMC Limited, A&B Process Systems, Feldmeir Equipment, Inc., and Scherjon Equipment Holland B.V.
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