Global Prebiotic Ingredients Market
The global Prebiotic Ingredients market was valued at USD 3.52 billion in 2016 and is projected to reach USD 9.30 billion by 2025, growing at a CAGR of 11.4% from 2017 to 2025.
Prebiotic ingredients is majorly driven by growing awareness among the population regarding gut health. The rising instances of gut problems is expected to boost consumption of prebiotics. The growing popularity of probiotics due to high product visibility is expected to negatively impact market demand.
1. Market Drivers
1.1 Multifunctional nature of prebiotic ingredients
1.2 Ease of incorporation in various applications
2. Market Restraints
2.1 High popularity of probiotics
2.2 High R & D costs
The global Prebiotic Ingredients market is segmented on the function, type, application, source, and region.
1. By Type:
2. By Application:
2.1 Dietary Supplements
2.1.1 Specialty Nutrition
2.1.2 Infant Nutrition
2.1.3 Nutritional Supplements
2.2 Food and Beverages
2.2.1 Bakery and Confectionery
2.2.2 Dairy Products
2.2.4 Sports Drinks
2.2.5 Meat Products
2.3 Animal Feed
3. By Source:
4. By Function:
4.1 Bone Health
4.2 Gut Health
4.3 Weight Management
4.5 Cardiovascular Health
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. Royal Cosun
2. Beneo GmbH
4. Yakult Pharmaceutical Industry Co. Ltd.
5. Beghin Meiji
6. Samyang Genex
9. EI Du Pont De Nemours
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Prebiotic Ingredients market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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