The inulin market has experienced a phenomenal surge, showcasing an impressive Compound Annual Growth Rate (CAGR) 5.5% that has surpassed all expectations. As a result, the market has reached a substantial value of US$ 2.29 billion by 2030.This exceptional growth is attributed to rising consumer awareness of inulin's health benefits, increasing applications in food and beverage industries, and the growing demand for natural and functional ingredients. The future outlook remains optimistic, with key players and stakeholders poised to capitalize on the expanding market opportunities.
The report “ Inulin Market, By Application (Food and Beverage, Dietary Supplements, and Pharmaceutical) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”. Increasing awareness about prebiotic ingredients and their extensive utilization in food and beverages industry is the major factor driving the growth of the global inulin market globally. Inulin has various applications in dairy product formation such as cheese, yogurts, and ice-cream. Hence, the growth in dairy industries is projected to boost additional growth in inulin market over the forecast period. Also, high growth in the pharmaceuticals industry worldwide is propelling the growth of the target market. Furthermore, the fast-growing significance of nutraceuticals due to increasing health awareness is expected to increase demand for inulin as a functional ingredient.
Sample link:
https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/403
Key Highlights:
• In June 2018, Cosucra’s inulin-type fructans Fibruline extracted from chicory root has received regulatory approval from the U.S. Food and Drug Administration (FDA) for being listed as dietary fibres on the nutrition and supplement facts panel.
• In June 2016, Sensus agreed to market organic inulin, sourced from agave, under its Frutafit line of products. Frutafit OAI is certified USDA organic and will help meet demand in the growing organic market.

Analyst view:

In a recent market analysis, leading industry analysts have highlighted the remarkable growth trajectory of the global inulin market. With an impressive Compound Annual Growth Rate (CAGR)5.5% the market has exceeded all expectations, positioning inulin as a highly sought-after ingredient across various industries.Analysts attribute the rapid expansion of the inulin market to several factors, including a growing consumer preference for natural and functional ingredients, coupled with increased awareness of the numerous health benefits offered by inulin. Additionally, the rising demand for healthier food and beverage alternatives has further fueled the adoption of inulin in the food industry.
Composition view:
The prominent player operating in the global inulin market includes Cargill Incorporated, Beneo-Orafti SA, CosucraGroupeWarcoing SA, Jarrow Formulas, Shandong Baolingbao Biotechnology Co. Ltd, SensusB.V, Fenchem, Inc, The Tierra Group, Ciranda, Inc, and Wuxi Cima Science Co. Ltd.