Market Size of Africa Prebiotic Ingredients Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
MEA Prebiotic Ingredients Market Analysis
The Middle East & Africa prebiotic ingredients market is forecasted to register a CAGR of 6.1%, during the forecast period, 2020 - 2025.
- The market is majorly driven by the widespread awareness regarding bacteria due to the increasing gut health concerns, geriatric population, and efficacy of probiotic products in providing health benefits that are expected to complement the growth of the prebiotics market in food and beverages and dietary supplements industries. Furthermore, the rising awareness regarding the advantages of prebiotic ingredients in livestock has created an opportunity for prebiotic industries in the animal feed sector.
- Moreover, the positive impact of enhanced marketing and promotional strategies by the leading players has further propelled the growth of the prebiotic ingredients market in the region.
MEA Prebiotic Ingredients Industry Segmentation
The Middle East & Africa prebiotic ingredient market is segmented by ingredient type into inulin, FOS (fructo-oligosaccharide), GOS (galacto-oligosaccharide), and other ingredients; and by application into infant formula, fortified food and beverage, dietary supplements, animal feed, and others. Also, the study provides an analysis of the prebiotic ingredient market in the emerging and established markets across Middle East & Africa, including South Africa, Saudi Arabia, and the Rest of the Middle East & Africa.
By Type | |
Insulin | |
FOS (Fructo-oligosaccharide) | |
GOS (Galacto-oligosaccharide) | |
Other Ingredients (Including MOS and Other Functional Fibers) |
By Application | |
Infant Formula | |
Fortified Food and Beverage | |
Dietary Supplements | |
Animal Feed | |
Other Applications |
By Geography | |
South Africa | |
Saudi Arabia | |
Rest of Middle East & Africa |
Africa Prebiotic Ingredients Market Size Summary
The Middle East & Africa prebiotic ingredients market is experiencing significant growth, driven by increasing awareness of gut health and the benefits of probiotics. This awareness is particularly pronounced among the geriatric population and those concerned with gut health, which is boosting the demand for prebiotics in the food, beverage, and dietary supplements sectors. Additionally, the animal feed industry is witnessing a surge in the use of prebiotic ingredients, as they are recognized for their ability to enhance animal health by improving gut health and boosting the immune system. This trend is supported by the effective marketing strategies employed by leading market players, which have further accelerated market expansion.
The market is characterized by a consolidated structure, with a few domestic and multinational companies vying for market share. Key players such as Fonterra Co-operative Group Limited, Sensus, Baolingbao Biology Co., Ltd., Ingredion Incorporated, and Olygose are at the forefront, focusing on strategic initiatives like mergers, acquisitions, and new product development to strengthen their market presence. The rising demand for prebiotic-based fortified foods and beverages, driven by concerns over diabetes and obesity, along with a preference for plant-based and natural products, is further propelling market growth. This is particularly relevant in regions like Saudi Arabia, where there is a growing need for functional foods to support specific dietary requirements, such as those of celiac disease patients.
Africa Prebiotic Ingredients Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Insulin
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2.1.2 FOS (Fructo-oligosaccharide)
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2.1.3 GOS (Galacto-oligosaccharide)
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2.1.4 Other Ingredients (Including MOS and Other Functional Fibers)
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2.2 By Application
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2.2.1 Infant Formula
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2.2.2 Fortified Food and Beverage
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2.2.3 Dietary Supplements
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2.2.4 Animal Feed
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2.2.5 Other Applications
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2.3 By Geography
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2.3.1 South Africa
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2.3.2 Saudi Arabia
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2.3.3 Rest of Middle East & Africa
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Africa Prebiotic Ingredients Market Size FAQs
What is the current Africa Prebiotic Ingredients Market size?
The Africa Prebiotic Ingredients Market is projected to register a CAGR of 6.10% during the forecast period (2024-2029)
Who are the key players in Africa Prebiotic Ingredients Market?
Fonterra Co-operative Group Limited, Sensus, Baolingbao Biology Co., Ltd., Ingredion Incorporated and Olygose are the major companies operating in the Africa Prebiotic Ingredients Market.