PUBLISHER: Meticulous Research | PRODUCT CODE: 1275627
PUBLISHER: Meticulous Research | PRODUCT CODE: 1275627
Prebiotics Market by Ingredient (Inulin, Fructo-oligosaccharides, Galacto-oligosaccharides, Mannan-oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography-Forecast to 2029
According to the research report titled, 'Prebiotics Market by Ingredient (Inulin, Fructo-oligosaccharides, Galacto-oligosaccharides, Mannan-oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography-Forecast to 2029,' the prebiotics market is projected to reach $6.61 billion by 2029, at a CAGR of 7.6% during the forecast period 2022-2029. The report provides an in-depth analysis of the global prebiotics market across five major regions, emphasizing the current market trends, market size, and recent developments and providing the forecast till 2029.
Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and trends. The growth of this market is driven by the increasing consumption of prebiotics, the rising demand for nutraceuticals, and the increasing demand for plant-based food ingredients. However, the lack of awareness regarding the health benefits of prebiotics restrains the growth of this market. The growing use of prebiotics in infant formulas is expected to create growth opportunities for the players operating in this market. Additionally, the growing demand for natural, organic, and clean-label ingredients is a major trend in the global prebiotics market.
The global prebiotics market is segmented by ingredient (inulin, fructo-oligosaccharides, galacto-oligosaccharides, mannan-oligosaccharides, and other ingredients), application (food & beverages {dairy products, beverages, bakery & confectionery products, cereals-based products, infant food products, and other food & beverages}, dietary supplements, animal feed & pet food, and cosmetics), and geography. The study also evaluates industry competitors and analyzes the country-level markets.
Based on ingredient, the galacto-oligosaccharides segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly driven by its health benefits, such as relieving symptoms of constipation, preventing colon cancer, and promoting the growth of bifidobacteria. In the food and beverage industry, it is used in non-alcoholic beverages to enhance taste and in bakery products to improve taste and texture due to its low calorific value and moisture retention properties.
Based on application, in 2022, the food & beverages segment accounted for the largest share of the global prebiotics market. The large market share of this segment is attributed to the rising demand for fortifying food with prebiotic ingredients and increasing health consciousness among consumers. Moreover, this segment is projected to register the highest CAGR during the forecast period due to people's inclination towards a healthy and active lifestyle, increasing investments to innovate new products in the food & beverages industry, and awareness of health benefits.
An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this market is driven by people's growing interest in digestive health ingredients, increasing focus on improving immune health in infants, innovations in prebiotic formulations, the growing aging population, and increased consumer awareness about the link between digestive health, immunity, and overall wellness.
The key players operating in the global prebiotics market are Archer-Daniels-Midland Company (U.S.), BENEO GmbH (Part of Sudzucker AG) (Germany), Cargill, Incorporated (U.S.), Cosucra Groupe Warcoing SA (Belgium), Gobiotics BV (Netherlands), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Jarrow Formulas, Inc. (U.S.), Kerry Group plc (Ireland), Roquette Freres (France), Royal FrieslandCampina N.V. (Netherlands), Sensus B.V. (Part of Royal Cosun) (Netherlands), Tereos Group (France), and Yakult Honsha Co., Ltd. (Japan).
Key Questions Answered in the Report-
- What is the current value of revenue generated by global prebiotics?
- At what rate is the global prebiotics demand projected to grow for the next 5-7 years?
- What are the historical market sizes and growth rates of the global prebiotics market?
- What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
- Which segments in terms of ingredient and application are expected to create major traction for the manufacturers in this market?
- What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the global prebiotics market?
- Who are the major players in the global prebiotics market? What are their specific product offerings in this market?
- What are the recent strategic developments in the global prebiotics market? What are the impacts of these strategic developments on the market?
Scope of the Report:
Global Prebiotics Market Assessment-by Ingredient
- Inulin
- Fructo-oligosaccharides
- Galacto-oligosaccharides
- Mannan-oligosaccharides
- Other Ingredients
Global Prebiotics Market Assessment-by Application
- Food & Beverages
- Dairy Products
- Beverages
- Bakery & Confectionery Products
- Cereals-Based Products
- Infant Food Products
- Others Food & Beverage Applications
- Dietary Supplements
- Animal Feed & Pet Food
- Cosmetics
Global Prebiotics Market Assessment-by Geography
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Netherlands
- Rest of Europe
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
TABLE OF CONTENTS
1. Market Definition & Scope
- 1.1. Market Definition
- 1.2. Market Ecosystem
- 1.3. Currency
- 1.4. Key Stakeholders
2. Research Methodology
- 2.1. Research Approach
- 2.2. Data Collection & Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
- 2.3. Market Sizing and Forecast
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast Approach
- 2.4. Assumptions for the Study
3. Executive Summary
- 3.1. Overview
- 3.2. Segmental Analysis
- 3.2.1. Prebiotics Market Analysis: by Ingredient
- 3.2.2. Prebiotics Market Analysis: by Application
- 3.3. Regional Analysis
- 3.4. Key Players
4. Market Insights
- 4.1. Overview
- 4.2. Drivers
- 4.2.1. Increasing Consumption of Prebiotics
- 4.2.2. Rising Demand for Nutraceuticals
- 4.2.3. Increasing Demand for Plant-based Food Ingredients
- 4.3. Restraints
- 4.3.1. Lack of Awareness Regarding the Health Benefits of Prebiotics
- 4.4. Opportunities
- 4.4.1. Growing Use of Prebiotics in Infant Food Products
- 4.5. Trends
- 4.5.1. Growing Demand for Natural, Organic, and Clean-label Ingredients
5. Global Prebiotics Market Assessment-by Ingredient
- 5.1. Overview
- 5.2. Inulin
- 5.3. Fructo-Oligosaccharides
- 5.4. Galacto-Oligosaccharides
- 5.5. Mannan-Oligosaccharides
- 5.6. Other Ingredients
6. Global Prebiotics Market Assessment-by Application
- 6.1. Overview
- 6.2. Food & Beverages
- 6.2.1. Dairy Products
- 6.2.2. Beverages
- 6.2.3. Bakery & Confectionery Products
- 6.2.4. Cereals-based Products
- 6.2.5. Infant Food Products
- 6.2.6. Other Food & Beverage Applications
- 6.3. Dietary Supplements
- 6.4. Animal Feed & Pet Food
- 6.5. Cosmetics
7. Prebiotics Market Assessment-by Geography
- 7.1. Overview
- 7.2. Asia-Pacific
- 7.2.1. China
- 7.2.2. Japan
- 7.2.3. India
- 7.2.4. Australia
- 7.2.5. South Korea
- 7.2.6. Rest of Asia-Pacific
- 7.3. North America
- 7.3.1. U.S.
- 7.3.2. Canada
- 7.4. Europe
- 7.4.1. Germany
- 7.4.2. France
- 7.4.3. U.K.
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Netherlands
- 7.4.7. Rest of Europe
- 7.5. Latin America
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Argentina
- 7.5.4. Rest of Latin America
- 7.6. Middle East & Africa
8. Competition Analysis
- 8.1. Overview
- 8.2. Key Growth Strategies
- 8.3. Competitive Benchmarking
9. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
- 9.1. Archer-Daniels-Midland Company
- 9.2. BENEO GmbH (A Part of Sudzucker AG)
- 9.3. Cargill, Incorporated
- 9.4. Cosucra Groupe Warcoing SA
- 9.5. Gobiotics BV
- 9.6. Ingredion Incorporated
- 9.7. International Flavors & Fragrances Inc. (IFF)
- 9.8. Jarrow Formulas, Inc.
- 9.9. Kerry Group plc
- 9.10. Roquette Freres
- 9.11. Royal FrieslandCampina N.V.
- 9.12. Sensus B.V. (A Part of Royal Cosun)
- 9.13. Tereos Group
- 9.14. Yakult Honsha Co., Ltd.
10. Appendix
- 10.1. Available Customization
- 10.2. Related Reports
List of Tables
- Table 1 Global Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 2 Key Applications of Inulin in a Distinct Area
- Table 3 Quantity of Inulin (%) Present in Some Foods
- Table 4 Global Inulin Prebiotics Market, by Country/Region, 2020-2029 (USD Million)
- Table 5 Concentration of Fructo-Oligosaccharides in Natural Foods
- Table 6 Global Fructo-Oligosaccharides Prebiotics Market, by Country/Region, 2020-2029 (USD Million)
- Table 7 Global Galacto-Oligosaccharides Prebiotics Market, by Country/Region, 2020-2029 (USD Million)
- Table 8 Global Mannan-Oligosaccharides Prebiotics Market, by Country/Region, 2020-2029 (USD Million)
- Table 9 Global Other Ingredients Prebiotics Market, by Country/Region, 2020-2029 (USD Million)
- Table 10 Global Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 11 Global Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 12 Global Prebiotics Market for Food & Beverages, by Country/Region, 2020-2029 (USD Million)
- Table 13 Global Prebiotics Market for Dairy Products, by Country/Region, 2020-2029 (USD Million)
- Table 14 Global Prebiotics Market for Beverages, by Country/Region, 2020-2029 (USD Million)
- Table 15 Global Prebiotics Market for Bakery & Confectionery Products, by Country/Region, 2020-2029 (USD Million)
- Table 16 Global Prebiotics Market for Cereals-based Products, by Country/Region, 2020-2029 (USD Million)
- Table 17 Global Prebiotics Market for Infant Food Products, by Country/Region, 2020-2029 (USD Million)
- Table 18 Global Prebiotics Market for Other Food & Beverage Applications, by Country/Region, 2020-2029 (USD Million)
- Table 19 Global Prebiotics Market for Dietary Supplements, by Country/Region, 2020-2029 (USD Million)
- Table 20 Global Prebiotics Market for Animal Feed & Pet Food, by Country/Region, 2020-2029 (USD Million)
- Table 21 Global Prebiotics Market for Cosmetics, by Country/Region, 2020-2029 (USD Million)
- Table 22 Global Prebiotics Market, by Country/Region, 2020-2029 (USD million)
- Table 23 Asia-Pacific: Prebiotics Market, by Country/Region, 2020-2029 (USD Million)
- Table 24 Asia-Pacific: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 25 Asia-Pacific: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 26 Asia-Pacific: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 27 China: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 28 China: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 29 China: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 30 Japan: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 31 Japan: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 32 Japan: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 33 India: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 34 India: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 35 India: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 36 Australia: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 37 Australia: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 38 Australia: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 39 South Korea: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 40 South Korea: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 41 South Korea: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 42 Rest of Asia-Pacific: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 43 Rest of Asia-Pacific: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 44 Rest of Asia-Pacific: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 45 North America: Prebiotics Market, by Country, 2020-2029 (USD Million)
- Table 46 North America: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 47 North America: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 48 North America: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 49 U.S.: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 50 U.S.: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 51 U.S.: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 52 Canada: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 53 Canada: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 54 Canada: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 55 Europe: Prebiotics Market, by Country/Region, 2020-2029 (USD Million)
- Table 56 Europe: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 57 Europe: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 58 Europe: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 59 Germany: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 60 Germany: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 61 Germany: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 62 France: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 63 France: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 64 France: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 65 U.K.: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 66 U.K.: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 67 U.K.: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 68 Italy: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 69 Italy: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 70 Italy: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 71 Spain: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 72 Spain: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 73 Spain: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 74 Netherlands: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 75 Netherlands: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 76 Netherlands: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 77 Rest of Europe: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 78 Rest of Europe: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 79 Rest of Europe: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 80 Latin America: Prebiotics Market, by Country/Region, 2020-2029 (USD Million)
- Table 81 Latin America: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 82 Latin America: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 83 Latin America: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 84 Brazil: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 85 Brazil: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 86 Brazil: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 87 Mexico: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 88 Mexico: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 89 Mexico: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 90 Argentina: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 91 Argentina: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 92 Argentina: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 93 Rest of Latin America: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 94 Rest of Latin America: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 95 Rest of Latin America: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 96 Middle East & Africa: Prebiotics Market, by Ingredient, 2020-2029 (USD Million)
- Table 97 Middle East & Africa: Prebiotics Market, by Application, 2020-2029 (USD Million)
- Table 98 Middle East & Africa: Prebiotics Market for Food & Beverages, by Type, 2020-2029 (USD Million)
- Table 99 Recent Developments, by Company (2019-2022)
List of Figures
- Figure 1 Market Ecosystem
- Figure 2 Research Process
- Figure 3 Key Secondary Sources Referenced for this Study
- Figure 4 Primary Research Techniques
- Figure 5 Key Executives Interviewed
- Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
- Figure 7 Market Sizing and Growth Forecast
- Figure 8 In 2022, the Inulin Segment Accounted for the Largest Share of the Prebiotics Market
- Figure 9 In 2022, the Food & Beverages Segment Accounted for the Largest Share of the Prebiotics Market
- Figure 10 In 2022, Asia-Pacific Accounted for the Largest Share of the Prebiotics Market
- Figure 11 Factors Affecting Market Growth
- Figure 12 Global Prebiotics Market, by Ingredients, 2022 vs. 2029 (USD Million)
- Figure 13 Global Prebiotics Market, by Application, 2022 vs. 2029 (USD Million)
- Figure 14 Global Nutritional Supplements for Top Health Concerns Users Seek to be Addressed with Supplements
- Figure 15 Global Compound Animal Feed Production, by Region, 2020 vs. 2022 (Million Metric Tons)
- Figure 16 Global Prebiotics Market, by Region, 2022 vs. 2029 (USD Million)
- Figure 17 Opportunities in the Asia-Pacific Prebiotics Market
- Figure 18 Asia-Pacific: Top 10 Countries with the Highest Number of 65+ Age (in Thousands)
- Figure 19 Asia-Pacific: Prebiotics Market Snapshot
- Figure 20 China: Annual Feed Production, by Industry, 2020-2022 (in Million MT)
- Figure 21 Geriatric Population (% of the Total Population), Japan (2021)
- Figure 22 Ages 65 and Above (% of the Total Population), Australia (2016-2021)
- Figure 23 North America: Prebiotics Market Snapshot
- Figure 24 Consumption of Dietary Supplements in the U.S. (2016-2021) (% Share of Adult Population)
- Figure 25 Europe: Prebiotics Market Snapshot
- Figure 26 Latin America: Prebiotics Market Snapshot
- Figure 27 Middle East & Africa: Prebiotics Market Snapshot
- Figure 28 Key Growth Strategies Adopted by Leading Players (2019-2022)
- Figure 29 Global Prebiotics Market Competitive Benchmarking, by Application
- Figure 30 Archer-Daniels-Midland Company: Financial Overview (2021)
- Figure 31 Sudzucker AG: Financial Overview (2022)
- Figure 32 Cargill, Incorporated: Financial Overview (2022)
- Figure 33 Ingredion Incorporated: Financial Overview (2021)
- Figure 34 International Flavors & Fragrances Inc.: Financial Overview (2021)
- Figure 35 Kerry Group plc: Financial Overview (2021)
- Figure 36 Roquette Freres: Financial Overview (2021)
- Figure 37 Royal FrieslandCampina N.V.: Financial Overview (2021)
- Figure 38 Tereos Group: Financial Overview (2022)
- Figure 39 Yakult Honsha Co., Ltd.: Financial Overview (2022)
