Global Prebiotics Market Forecast to 2029: Projected to Reach $6.61 Billion with a 7.6% CAGR


Posted August 20, 2024 by Harshal_J79

Prebiotics Market by Ingredient (Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, Mannan Oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements) - Forecast to 2029
 
Meticulous Research®, a prominent global market research firm, has released a detailed 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 this 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 driven by several factors, including the rising consumption of prebiotics, growing demand for nutraceuticals, and increasing preference for plant-based food ingredients. Despite these positive trends, market growth is somewhat hindered by a lack of awareness about the health benefits of prebiotics. However, the increasing use of prebiotics in infant formulas presents significant growth opportunities for market players. Additionally, the demand for natural, organic, and clean-label ingredients is emerging as a key trend in the global prebiotics market.

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Market Segmentation
The global prebiotics market is categorized by ingredient, application, and geography:
• Ingredient: The galacto-oligosaccharides segment is anticipated to experience the fastest growth during the forecast period, driven by its health benefits, such as easing constipation, preventing colon cancer, and fostering bifidobacteria growth. In the food and beverage industry, galacto-oligosaccharides are used to enhance taste and improve the texture of products like non-alcoholic beverages and bakery goods, thanks to their low caloric value and moisture retention properties.

• Application: In 2022, the food & beverages segment dominated the global prebiotics market. This large share is primarily due to the increasing demand for fortifying foods with prebiotic ingredients and the growing health consciousness among consumers. The segment is also expected to achieve the highest CAGR over the forecast period, driven by a shift towards healthier lifestyles, increased investment in product innovation within the food & beverages sector, and heightened awareness of prebiotics' health benefits.

• Geography: The Asia-Pacific region led the global prebiotics market in 2022, attributed to a growing interest in digestive health ingredients, a focus on immune health in infants, innovations in prebiotic formulations, an aging population, and rising consumer awareness of the connection between digestive health, immunity, and overall wellness. This region is also projected to register the highest CAGR throughout the forecast period.

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Key Players
Leading companies in the global prebiotics market include 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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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 20, 2024