The global prebioticsmarket is expected to reach USD 7.11 billion by 2024, according
to a new report by Grand View Research, Inc. Growing demand for fiber rich food
products is expected to drive the market.
Rising investment in the food &
beverage industry for innovation and development of new food products enriched
with prebiotics coupled with rising demand in dietary supplements application
particularly in infant foods is expected to propel market growth over the
forecast period. In addition, rising use of prebiotics in animal feed is
expected to drive the demand. Growing emphasis on improving overall health is
also expected to fuel product demand over the next eight years.
Emergence of prebiotics as an alternate to
antibiotics is expected to fuel demand in animal feed applications. Increasing
dairy production is expected to have a positive impact on market over the next
eight years.
Browse full report by Grand View
Research : http://www.grandviewresearch.com/industry-analysis/prebiotics-market
Further key findings from the report suggest:
·
Inulin accounted for over 40.0% of the
global prebiotics market in 2015 in terms of revenue. Rising health benefits
coupled with easier availability from natural sources including banana, garlic
is expected to drive the market demand. Inulin is also widely used to treat
diabetes owing to its increased antioxidant activity thus propelling demand.
·
Galacto-oligosaccharides (GOS) accounted
for a significant share owing to growing use in dietary supplements. GOS have
several health benefits including improving bone mineralization by improving
calcium absorption, preventing colon cancer, stimulating bifidobacteria growth
and substituting human milk oligosaccharides. These health benefits are
expected to drive the market demand.
·
North America demand for prebiotics was
valued over USD 280.0 million in 2015. Rising demand for prebiotics enriched
food products among consumers in the region to improve their digestive health
is expected to drive the market demand. Prebiotic dietary supplements are
expected to witness significant growth owing to rising focus on preventive
healthcare.
·
Dietary supplements application is expected
to grow at a fastest CAGR on account of increasing consumption in Europe and
North America owing to rising health consciousness among consumers and growing
importance of prebiotics in weight management in the region. Growing innovation
in the field of prebiotic rich protein/fiber supplements is expected to propel
growth over the forecast period.
·
Global prebiotics industry was highly
fragmented on account of presence of numerous players. FrieslandCampina Domo,
Paramus, NJ, was a key market player in 2015. The company product portfolio
includes functional peptides and hydrolysates, bioactive proteins and
galacto-oligosaccharides for use in nutraceutical products. Friesland markets
its prebiotics under the brand name, Vivinal GOS intended for fruit juices and
milk products.
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Research: https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the
global prebiotics market on the basis of application and region:
Global Prebiotic Ingredient Outlook (Revenue, USD
Million, 2013 - 2024)
·
Fructo-oligosaccharide (FOS)
·
Inulin
·
Galacto-oligosaccharides (GOS)
·
Mannan-oligosaccharide (MOS)
·
Others(Oligosaccharides, chicory fructans,
HMO, XOS)
Global Prebiotic Application Outlook (Revenue, USD
Million, 2013 - 2024)
·
Prebiotic food and beverages
o Dairy products
o Cereals
o Baked food
o Fermented meat products
o Dry food prebiotics
o Others
·
Prebiotic dietary supplements
o Food supplements
o Nutritional supplements
o Specialty nutrients
o Infant foods
·
Animal feed prebiotics
Global Prebiotic Regional Outlook (Volume, Kilotons;
Revenue, USD Million, 2013 - 2022)
·
North America
o U.S.
·
Europe
o Germany
·
Asia Pacific
o China
·
Latin America
o Brazil
·
Middle East & Africa
View press release of this research
report by Grand View Research:
https://www.grandviewresearch.com/press-release/global-prebiotics-marketAbout 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.
