PUBLISHER: KBV Research | PRODUCT CODE: 1462220
PUBLISHER: KBV Research | PRODUCT CODE: 1462220
The Asia Pacific Prebiotics Ingredients Market would witness market growth of 6.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Prebiotics Ingredients Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,434.6 million by 2031. The Japan market is registering a CAGR of 5.8% during (2024 - 2031). Additionally, The India market would experience a CAGR of 6.8% during (2024 - 2031).
Prebiotics, which are carbohydrates resistant to digestion by enzymes and acids, encourage the expansion and function of beneficial bacteria in the human gut. These carbohydrates are found in various fruits and vegetables, including wheat bran, onions, leeks, garlic, and bananas. They boost immunity even more, help with digestive issues, improve the body's absorption of calcium and magnesium, and lower cancer risk.
Prebiotic ingredients are extensively used in the food and beverage industry to enhance products' nutritional profile and functional benefits. They are commonly incorporated into dairy products such as yogurt, milk, and cheese and beverages like juices, smoothies, and functional drinks. Prebiotics can also be found in bakery products, cereals, snacks, and infant formula, offering digestive health benefits to consumers.
As per Invest India, the pharmaceutical industry in India is anticipated to increase to $65 billion by 2024 and $130 billion by 2030. One of the world's largest suppliers of inexpensive vaccines is India. India is a significant exporter of pharmaceuticals, with exports to over 200+ countries. Therefore, due to the above-mentioned factors, the prebiotics ingredients market will grow significantly in this region.
Based on Application, the market is segmented into Food & Beverages, Dietary Supplements, and Animal Feed. Based on Ingredient, the market is segmented into Inulin, Galacto-Oligosaccharides, Fructo-Oligosaccharides, and Galacto-Fructose. Based on Source, the market is segmented into Cereals, Vegetables, Roots, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Prebiotics Ingredients Market Report Segmentation
By Application
By Ingredient
By Source
By Country