Market Definition:

Prebiotics Market Intelligence and Research Keen Players Bank on Product Development to Surge Ahead of Global Competitors, Prebiotics Market Expected to Grow and Expand in the Coming Years, Prebiotic is non-digestible food ingredient that supports the growth of microorganisms within the large intestine. It is found primarily in grains, chicory roots, tomato, banana, and other food products. It boosts the health and wellness of individuals due to its vast-array of nutritional properties.

Prebiotics are fibers that help in digestion and provide relieve during diarrhea and constipation. It helps in funneling in some essential nutrients like calcium and magnesium into the human body that are essential for bone health. Prebiotic products have widespread application and is especially used in various medications that helps improve sleep, reduce stress, increase infant learning skills, build memory power, reduce fat, and lower the asthma level. These factors strikingly help support the growth of the market. Proliferating demand for dietary supplements and animal feeds is another key factor driving the growth of the market. The global prebiotics market, as per the data released by Market Research Future (MRFR), looks bright and positive and is expected to attain significant growth during the forecast period.

However, at the same time the market is challenged by the high cost of raw materials, high capital investments, and stringent regulations for labelling and registering of new ingredients.

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Competitive Landscape:

The global prebiotics market includes a number of key players, including Biospringer (France), Angel Yeast (China), Clasado Ltd. (England), Beneo (Germany), Parmalat S.p.A. (Italy), Lesaffre (France), Danisco (Denmark), GTC Nutrition (US), and others.

April 2nd, 2019, HUM Nutrition, one of the pioneering beauty vitamin and supplement companies, mentioned in a statement the launch of its new product, Skin Heroes. This is the first pre and probiotic that particularly goes deep and targets the gut-skin axis to fight against and improve acne-prone and dry-skin.

Market Segmentation:

The global prebiotics market segmentation is based upon source, application, and delivery format.

By source, the market includes vegetables, chicory root, nuts, oilseeds, fruits, and grains. Among these, the vegetable segment held the maximum share of this market segment and is expected to hold onto the same in the near future.

By application, the market includes confectionery, infant formula, dietary fiber supplement, breakfast cereals, and others. The dietary fiber supplement market dominates this segment and is followed closely by the confectionery segment. However, rising inclination of the consumers towards dietary fiber supplement is anticipated to cause favorable growth of the prebiotics segment.

By delivery format, the market segments into powders, capsules, liquids, chewable, and tablets. Both the tablets and the capsules segment are projected to experience massive growth in the forthcoming years to lead the market category.

Regional Analysis:

The Global Prebiotics Market is regionally segmented into the following regions: Asia Pacific, Europe, North America, Middle East and Africa, and the Latin America

As per the study undertaken by MRFR to determine the regional dominator, the prebiotics market is spearheaded by North America in terms of value. Furthermore, the regional market is expected to continue its dominance in the forthcoming years of the forecast period. The North American region is poised for an impressive growth due to the continuous innovation being undertaken herein. Additionally, the introduction or rather the emergence of a wide-array of prebiotic products into the region is also one of the contributory factors influencing the overall growth of the North American market.

The North American market is followed by Europe as the second largest regional market in the global standings. The European region comprising of Germany, Poland, France, Italy, the UK, and the Russia, make it a stand out market for prebiotics. The region is anticipated to witness continuous growth in the near future as well.

Asia Pacific is another key region in the global standings and is expected to garner an impressive growth in the forthcoming years. The market is driven by the increasing consciousness among consumers concerning their own individual health and an inclination towards leading a life with healthy snacking habits.

Lastly, both the Middle East and Africa and Latin America region is expected to garner decent growth in the forthcoming years.