Future of Gut Health: Prebiotics Market Forecasted to Grow at 7.6% CAGR, Reaching $6.61 Billion by 2029


Posted August 16, 2024 by Harshal

Prebiotics Market by Ingredient (Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, Mannan Oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements) - Global Forecast to 2029
 
Meticulous Research®, a leading global market research firm, has published a 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 - Global Forecast to 2029.”

According to the report, the global prebiotics market is expected to reach $6.61 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.6% from 2022 to 2029. The market's expansion is fueled by increasing prebiotic consumption, rising demand for nutraceuticals, and a growing preference for plant-based food ingredients. However, market growth is hindered by a lack of awareness about the health benefits of prebiotics. Opportunities for growth are anticipated with the increased use of prebiotics in infant formulas and the rising demand for natural, organic, and clean-label ingredients.

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The global prebiotics market is segmented by ingredient, application, and geography:
• By Ingredient: The galacto-oligosaccharides segment is expected to experience the highest growth rate during the forecast period, driven by health benefits such as relieving constipation, preventing colon cancer, and promoting bifidobacteria growth. In the food and beverage industry, these prebiotics are used to enhance taste in non-alcoholic beverages and improve the taste and texture of bakery products due to their low caloric value and moisture retention properties.

• By Application: In 2022, the food and beverages segment held the largest share of the global prebiotics market, driven by the growing demand for prebiotic-fortified foods and increasing health consciousness among consumers. This segment is projected to maintain the highest growth rate during the forecast period, supported by a consumer shift towards healthy lifestyles, increasing investments in food and beverage innovation, and greater awareness of prebiotic health benefits.

• By Geography: In 2022, Asia-Pacific dominated the global prebiotics market, attributed to increasing interest in digestive health ingredients, a focus on immune health in infants, innovations in prebiotic formulations, a growing aging population, and enhanced consumer awareness of the connection between digestive health, immunity, and overall wellness. This region is also expected to record the highest growth rate during the forecast period.

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Key Players
The key players in the global prebiotics market include Archer-Daniels-Midland Company (U.S.), BENEO GmbH (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 Frères (France), Royal FrieslandCampina N.V. (Netherlands), Sensus B.V. (Netherlands), Tereos Group (France), and Yakult Honsha Co., Ltd. (Japan).

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Issued By Harshal
Country United States
Categories Business , Food , Nutrition
Tags prebiotics market , prebiotics market size , prebiotics market share , prebiotics market growth
Last Updated August 16, 2024