As per the findings
of a report published by Grand View Research, Inc.; the global prebiotics market is likely to reach a valuation of $ 7.11 billion by 2024. Prebiotics are
fibers found in natural foods like garlic, fruits, onions, legumes, and whole
grains. They help nurture the growth of various beneficial bacteria over
harmful ones in the gut, thereby enhancing immunity and overall digestive
health. Rising investments in the food and beverages sector for development of
new food products that have prebiotics may further boost the market growth.
Apart from that, high demand from dietary supplements application segment,
especially in infant foods, is likely to fuel the global expansion. In
addition, steadily increasing demand for fiber-rich food products due to
various health benefits is also expected to spur the market in near future.
Full
Research Report On Prebiotics Market Analysis: http://www.grandviewresearch.com/industry-analysis/prebiotics-market
Moreover, wide usage
of prebiotics in dairy products on account of high monetary gains is predicted
to propel the market over the forecast period. High price associated to the
R&D of ingredients along with strict regulations for the registration and
labeling of new ingredients in Europe and US may hamper the market development.
However, rising usage of prebiotics as a substitute to antibiotics is estimated
to result in its increased demand from animal feed sectors, thereby boosting
the overall market development. Growing production of various dairy products is
also expected to contribute toward expansion in terms of demand and revenue.
High demand from functional foods segment due to growing awareness about
improving digestive health are also expected to augment the market for
prebiotics in near future.
The global
prebiotics market is categorized as per ingredient, application, and region. On
the basis of ingredient, the market is categorized into Mannan-oligosaccharide
(MOS), inulin, Fructo-oligosaccharide (FOS), Galacto-oligosaccharides (GOS),
and others. “Others” is further fragmented into oligosaccharides, chicory
fructans, human milk oligosaccharide (HMO), xylooligosaccharides (XOS). On the
basis of application, the market is segregated as prebiotics dietary
supplements, prebiotics foods and beverages, and animal feed prebiotics. On the
basis of geographies, the market is divided into Middle East and Africa (MEA),
North America, Latin America, Asia Pacific, Europe.
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More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Europe market is
predicted to grow at a considerable CAGR over the forecast years on account of
increased consumer awareness and concerns regarding improving digestive health.
Extensive prebiotics use in functional foods and dietary supplements due to
various properties such as high functionality, increased fiber content, and
better texture. The Europe regional market is characterized by the constant
advent of new, innovative products in all sectors. The demand for probiotics in
the North America region was estimated at USD 280.0 million in 2015. Extensive
demand for probiotics-enriched food items in the region is considered the key
factor driving its growth.
The Asia Pacific
regional market is predicted to be the fastest-growing market for prebiotics
due to high demand from Japan and a few other developed economies from the
region. Moreover, rising awareness among consumers about the health benefits of
prebiotics is anticipated to drive the region’s development in near future. In
addition, increasing cases of chronic diseases in the region, due to sedentary
lifestyle, are also projected to boost the prebiotics demand and fuel the
market over the forecast period.
Abbott Nutrition;
Roquette America, Inc.; FrieslandCampina Domo; Jarrow Formulas; and Clasado
Ltd. are some of the key companies operating in the prebiotics market. New
product development and M&A activities are the key strategy followed by
most of these market players to gain competitive edge. For example, DuPont
Nutrition recently launched a new venture for the research and development of
prebiotics and probiotics. The company has signed a multi-year partnership with
APC Microbiome institute to come up with various solutions that produce a
healthy microbiome for infants.
Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-prebiotics-market
https://www.grandviewresearch.com/press-release/global-prebiotics-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
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