PUBLISHER: IMARC | PRODUCT CODE: 1561643
PUBLISHER: IMARC | PRODUCT CODE: 1561643
The global inulin market size reached US$ 1.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2032, exhibiting a growth rate (CAGR) of 6.6% during 2024-2032.
Inulin is a white, mildly sweet, indigestible carbohydrate commonly found in a wide variety of fruits, vegetables, and herbs, which includes wheat, onions, bananas, leeks, and asparagus. It is rich in fiber and low in calories and slows digestion, increases fullness, and reduces cholesterol absorption. It also aids in promoting digestive health, controlling blood sugar levels, and lowering the risk of colon cancer. As it also assists in stimulating the immune system, decreasing pathogenic bacteria in the intestine, relieving constipation, and minimizing the risk of osteoporosis by enhancing mineral absorption, it is extensively utilized in the manufacturing of confectionery items, milk desserts, baked goods, yogurt, fresh cheese, and chocolates.
At present, there is a considerable rise in the utilization of inulin in the production of dairy products across the globe. This can be attributed to the beneficial properties of inulin, which include fat and sugar replacer as well as an emulsifier, thickener, and stabilizer. It also improves the stability of foams and emulsions, such as in aerated drinks, ice creams, table spreads, and sauces. Apart from this, rising concerns about gut health on account of the increasing occurrences of gastrointestinal tract diseases represent another major factor strengthening the growth of the market. Moreover, inulin offers rapid water solubility, low friability, and stability against gastric and intestinal enzymes. As a result, it finds extensive application as a drug delivery agent in the pharmaceutical industry worldwide. Additionally, it is also employed as a coating of tablets, capsules, tablet binder, and a vaccine stabilizer due to its potential to survive acidic environments in the stomach. Furthermore, the growing prevalence of diabetes due to physical inactivity among individuals is positively influencing the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global inulin market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, form, nature and application.
The competitive landscape of the industry has also been examined along with the profiles of the key players being BENEO GmbH (Sudzucker AG), Cargill Incorporated, Ciranda Inc., Cosucra Groupe Warcoing SA, Jarrow Formulas Inc., NOW Foods, Nutriagaves Group, PMV Nutrient Products Pvt Ltd., Sensus B.V. (Cooperatie Koninklijke Cosun U.A.), Steviva Brands Inc. and The Tierra Group.