Prebiotics' rising use in the dairy industry due to their health benefits is likely to drive demand and growth in the prebiotics market during the forecast period. Growing technical developments in the development of inulin and oligosaccharides are likely to replace sugar, which is predicted to propel the market forward over the forecast period. The increased demand for dietary supplements, as well as shifting consumer perceptions of fiber's health advantages, are projected to drive expansion in the future years.
Prebiotics Market Report Scope and Research Methodology:
The research provides an in-depth evaluation of the market as well as key stakeholders in the Prebiotics industry. The Prebiotics Market study includes information on market volume, income, production, and sales. It illustrates the market's history and current position, as well as predicted trends and market size, in vivid detail. The report used numerous research methodologies, such as interviews and surveys, to fully understand client habits.
The SMR report is the outcome of multiple research approaches, including PORTER, PESTLE, and SWOT analysis, as well as a bottom-up approach to estimating Prebiotics market size. In the study, these methodologies were used to shed light on the essential financial components that major firms must consider when recognising competitors and formulating market strategies.
Prebiotics Market Overview:
Stellar Market Research just released the research Prebiotics Market Manufacturers, Regions, Types, Applications, Segments, and Forecast to 2029. The study investigates insights within the framework of the Prebiotics market, such as its ever-changing trends, industrial environment, and other major market components.
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Prebiotics Market size was valued at US$ 6.05 Bn. in 2021 and the total revenue is expected to grow at 14.9% through 2022 to 2027, reaching nearly US$ 13.92 Bn. by 2027.
Prebiotics Market Segmentation:
The global market is further segmented by ingredients into FOS, Inulin, Galacto-oligosaccharides (GOS), Mannan-oligosaccharides (MOS), and others (Oligosaccharides, chicory fructans, HMO, XOS). By 2021, half of the inulin components dominated the global market, accounting for more than 37.00% of total revenue. Growing demand for inulin in beverages and baked goods is likely to contribute significantly to partial growth during the forecast period. From 2022 to 2027, global demand for GOS is expected to expand at a considerable CAGR.
The increased demand for infant and baby food is likely to drive demand even higher over the next eight years. The rising popularity of FOsin dietary fibre, as well as its potential to prevent gastrointestinal problems, is likely to drive market demand throughout the projection period. Furthermore, the rising use of FOS in the treatment of infectious disorders in long-term care homes and hospital wards will fuel some growth. The growing demand for prebiotics in animal feed is driving the demand for MOS components. However, a lack of MOS components and growing input material costs are projected to stymie some expansion.
The global market is further split by application into food and drinks, food additives, and animal feed. Part of the food and beverage application dominated the market in 2021, accounting for more than 82.00% of global volume. By 2021, the global prebiotic demand for animal feed was high, and it will continue to rise due to the increasing importance of animal protein and the strengthening of animal feed by bacteria that improve intestinal animal health. Depending on volume, the nutritional component is expected to have the fastest CAGR during the projection period.
Consumer knowledge of the utilisation of protein to maintain healthy eating habits and muscle mass is projected to drive market demand for these goods. Furthermore, increasing awareness of the benefits of protein and living an active and healthy lifestyle is predicted to play an essential role in boosting the usage of food items. The growing number of elderly individuals and the growing concern about intestinal health are the primary factors driving the demand for the product in a variety of applications. Increased consumer expenditure on items that improve intestinal health is projected to drive up demand in the long run.
Prebiotics Market Key Players:
Abbott Laboratories (US)
BENEO GmbH (Germany)
Bright Food (Group) Corp. Ltd. (China)
Cargill Inc. (US)
Kraft Foods Group, Inc. (US)
Cosucra Groupe Warcoing SA (Belgium)
The Kraft Heinz Company (US)
FrieslandCampina (Netherlands)
Jarrow Formulas, Inc. (US)
Parmalat S.p.A (Italy)
Roquette Frères (France)
Royal Cosun (Netherlands)
Yakult Honsha Co., Ltd. (Japan)
Zenith Nutritions (India)
SKS BIOPRODUCTS (India)
Prebiotics Market Regional Insights:
The market study examines market size, dynamics, and market share in the following regions: North America, Europe, Asia Pacific, South America, the Middle East, and Africa.
Key Questions answered in the Prebiotics Market Report are:
- What is the expected Prebiotics market size by the end of the forecast period?
- What are the Prebiotics market segments?
- Which segment in the Prebiotics market is expected to grow rapidly during the forecast period?
- Which are the prominent players in the Prebiotics market?
- What key trends are expected to emerge in the Prebiotics market during the forecast period?
- Which region dominated the Prebiotics Market?
- Which regional market is expected to grow at a high rate during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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