Meticulous Research®, a leading global market research firm, recently released a comprehensive 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.’ The report predicts that the global prebiotics market will grow to $6.61 billion by 2029, with a compound annual growth rate (CAGR) of 7.6% from 2022 to 2029.
The market's growth is primarily driven by the increasing consumption of prebiotics, rising demand for nutraceuticals, and the expanding market for plant-based food ingredients. Despite these drivers, market growth is restrained by a general lack of awareness regarding the health benefits of prebiotics. However, the growing use of prebiotics in infant formulas is expected to provide significant growth opportunities. Additionally, a rising demand for natural, organic, and clean-label ingredients represents a notable trend in the global market.
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Market Segmentation
The global prebiotics market is segmented by ingredient, application, and geography:
• Ingredient: The galacto-oligosaccharides segment is expected to experience the highest CAGR during the forecast period, driven by its health benefits, such as alleviating constipation, preventing colon cancer, and promoting bifidobacteria growth. In the food and beverage industry, it is valued for enhancing taste and improving texture in various products, including non-alcoholic beverages and bakery items.
• Application: In 2022, the food & beverages segment dominated the global market, driven by the growing demand for fortifying foods with prebiotic ingredients and increasing health consciousness among consumers. This segment is also projected to register the highest CAGR due to the rising trend towards a healthy and active lifestyle, increased investments in product innovation within the food & beverages industry, and greater awareness of health benefits.
• Geography: Asia-Pacific led the global prebiotics market in 2022, supported by a growing interest in digestive health ingredients, a focus on immune health in infants, innovations in prebiotic formulations, an aging population, and increased consumer awareness about the link between digestive health, immunity, and overall wellness. This region is also expected to achieve the highest CAGR during the forecast period.
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Key Players
The global prebiotics market includes major players such as Archer-Daniels-Midland Company (U.S.), BENEO GmbH (Part of Südzucker 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 Frères (France), Royal FrieslandCampina N.V. (Netherlands), Sensus B.V. (Part of Royal Cosun) (Netherlands), Tereos Group (France), and Yakult Honsha Co., Ltd. (Japan).
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