Prebiotic Ingredients Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.71 % |
| Fastest Growing Market | Latin America |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Prebiotic Ingredients Market Analysis
The prebiotic ingredient market is projected to register a CAGR of 9.71% over the next five years.
Prebiotic substances have a wide range of uses, from animal feed to nutritional supplements and food processing. There have been numerous product releases in various end-user industries as a result of growing public awareness of their advantage serous product releases in various end-user industries as a result of growing public awareness of their advantages. This has significantly accelerated the market under study's expansion. To encourage the growth of prebiotics and enhance their nutritional value, prebiotics are included in many food compositions, particularly dairy products. Kefir, milk, low-fat dairy products, and other dairy-based beverages, including smoothies and yogurt-based dips, particularly those made with Greek yogurt, seemed like good choices for prebiotic fortification. These present a chance for additional fortification, which drives market demand throughout the forecast period.
Foods explicitly marketed for infants between the ages of 2 and 4 are known as "baby foods." Prebiotics are included in a variety of infant and baby food products because infants who consume these supplemented formulas have better stools, lower stool pHs, more frequent stools, and higher bifidobacteria concentrations in their intestines than those who do not. These primarily consist of ready-to-eat foods like squash, purees, and cereal. To meet the growing demand for infant formula and symbiotics worldwide, manufacturers also use galactooligosaccharides (GOS) and fructooligosaccharides (FOS).
Additionally, the increased intake of high-fiber functional foods and prebiotics by the food and beverage industry is linked to benefits such as improved digestion, a lower stress response, better hormonal balance, and a decrease in cardiovascular diseases, which is creating a pull globally. However, lack of product visibility, the high cost involved in the research and development of ingredients, and stringent regulations for the registration and labeling of new prebiotic ingredients in the United States and Europe are likely to restrict the growth of prebiotics to some extent.
Prebiotic Ingredients Market Trends
This section covers the major market trends shaping the Prebiotic Ingredient Market according to our research experts:
Escalated Demand for Prebiotic Ingredients For Human and Animal Nutrition
Prebiotic ingredients have many uses, from food processing to dietary supplements and animal feed. Consumers are also becoming more aware of their benefits, which has been a key factor in the launch of many new products in many different end-user industries. This has significantly accelerated the growth of the market studied. Prebiotics are included in many food formulations, especially in dairy products, to promote the growth of probiotics and improve nutritional quality. According to BENEO prebiotic research, 73% of European consumers find prebiotic claims in food and beverage products appealing, with 70% of consumers finding the prebiotic logo appealing in dairy drinks, followed by spoonable yogurt and infant/children's dairy products. Furthermore, the growing demand for livestock products has been driving significant changes on the supply side that aim to improve livestock product yields by stimulating the intestine's microflora to enhance the product's overall productivity. The ban on antibiotics in the animal feed industry also acts as a driving factor. Thus, players operating in the market are strategically investing to secure market shares. For instance, Archer Daniels Midland Company acquired Biopolis, a provider of microbial technologies for research and development partnerships in prebiotics and probiotics, personalized nutrition, and animal health enzyme spaces.
The Prebiotic Ingredients Market is Dominated by the Europe Region
Increasing demand for fortifying foods with prebiotic ingredients is expected to increase market expansion in Europe. Inulin is widely utilized in the food processing sector as it is a good and healthy substitute for fat and sugar. A rise in concerns about diabetes and obesity across the region will further encourage demand for prebiotic-based fortified foods and beverages. According to the International Diabetes Federation, in 2021, almost 14.8% of adults between the ages of 20 and 79 had diabetes in Spain, followed by 13% in Portugal, 10% in Germany, 9.9% in Italy, 9.7% in Finland, and 8.6% in France.
Additionally, the rising popularity of functional foods and beverages owing to the growth in the health-conscious population is influencing the demand for prebiotic ingredients in the region. Furthermore, food ingredient companies are developing an innovative range of products to serve the industry's demand and introducing functional food products into the market. For instance, in March 2021, MOJU, the United Kingdom's functional food and drink brand, launched a new prebiotic shot featuring a blend of prebiotics and plant fibers, including green banana, golden kiwi, baobab, and chicory root inulin.
Prebiotic Ingredients Industry Overview
Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG (Beneo), Tereos SA, Ingredion Incorporated, International Flavors & Fragrances Inc., and Cargill Incorporated, among others, are the most active companies, with numerous brands offering a broad range of prebiotic ingredients across the world. Prebiotic ingredient manufacturers are focusing on upgrading the products they offer and introducing nave formulations, including organic inulin. The leading players in the prebiotic ingredients market enjoy a dominant presence worldwide. These players focus on leveraging the opportunities posed by emerging markets to expand their product portfolios so that they can cater to the requirements of various product segments, especially in prebiotic ingredients. These players are focusing on rapid market expansion and new product launches to gain a better market share, efficient results, and a competitive edge over other competitors in the market.
Prebiotic Ingredients Market Leaders
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Archer Daniels Midland Company
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Ingredion Inc.
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Tereos Group
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Cargill Inc.
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Cooperatie Koninklijke Cosun U.A.
*Disclaimer: Major Players sorted in no particular order
Prebiotic Ingredients Market News
- November 2021: Archer Daniels Midland Company, a global leader in nutrition and agricultural origination and processing, announced a significant expansion of its broad portfolio of health and wellness products and solutions with an agreement to purchase US-based Deerland Probiotics, Prebiotics, and Enzymes.
- July 2021, The Belgian family-owned natural chicory and pea ingredient expert Cosucra has secured a EUR 10 million investment to capitalize on the growing demand for more plant-based, balanced, and transparent ingredients. The subordinated loan is provided by the Societe Regionale d'Investissement de Wallonie (SRIW), which finances development projects of companies based in Wallonia, Belgium; the European Investment Bank (EIB), which provides finance to SMMEs to contribute to EU policy goals; and Avril Group financing company Sofiproteol, which supports development at all stages of the food and agro-industry chain, including prebiotic ingredients.
- In February 2021, Cargill and Manna Tree partnered and led a financial round for the probiotic technology startup Evolve Biosystems Inc., which will help infants improve their health.
Prebiotic Ingredients Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products/Services
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Type
5.1.1 Inulin
5.1.2 Fructooligosaccharide (FOS)
5.1.3 Galactooligosaccharide (GOS)
5.1.4 Other Types
5.2 Application
5.2.1 Fortified Food and Beverage
5.2.2 Infant Formula and Baby Food
5.2.3 Dietary Supplements
5.2.4 Animal Feed
5.2.4.1 Ruminant
5.2.4.2 Poultry
5.2.4.3 Swine
5.2.4.4 Aquaculture
5.2.4.5 Other Animal Feed
5.2.5 Pet Food
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe, Middle East & Africa
5.3.2.1 Spain
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Germany
5.3.2.5 Saudi Arabia
5.3.2.6 South Africa
5.3.2.7 Rest of Europe, Middle East & Africa
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Australia
5.3.3.4 Japan
5.3.3.5 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Rest of Latin America
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG (Beneo)
6.3.2 Tereos Group
6.3.3 Ingredion Inc.
6.3.4 Cargill Inc.
6.3.5 International Flavors & Fragrances Inc.
6.3.6 Cooperatie Koninklijke Cosun U.A. (sensus Bv)
6.3.7 Kerry Group
6.3.8 Cosucra Groupe Warcoing
6.3.9 Archer Daniels Midland Company
6.3.10 Roquette Freres
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Prebiotic Ingredients Industry Segmentation
Inulin, fructo-oligosaccharides, galacto-oligosaccharides, mannan-oligosaccharides, and polydextrose are examples of prebiotic ingredients that are utilized in a variety of foods and beverages as they contain multifunctional qualities that improve digestive health. The prebiotic ingredient market is segmented by type, application, and geography. Based on type, the market is segmented into inulin, fructooligosaccharides, galactooligosaccharides, and other ingredients. Based on application, the market is segmented into functional food and beverage, infant formula and baby food, dietary supplements, animal feed, and pet food. Based on animal feed, the market is further segmented into ruminant, poultry, swine, aquaculture, and other animal feeds. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| Type | |
| Inulin | |
| Fructooligosaccharide (FOS) | |
| Galactooligosaccharide (GOS) | |
| Other Types |
| Application | |||||||
| Fortified Food and Beverage | |||||||
| Infant Formula and Baby Food | |||||||
| Dietary Supplements | |||||||
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| Pet Food |
| Geography | |||||||||
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Prebiotic Ingredients Market Research FAQs
What is the current Prebiotic Ingredient Market size?
The Prebiotic Ingredient Market is projected to register a CAGR of 9.71% during the forecast period (2024-2029)
Who are the key players in Prebiotic Ingredient Market?
Archer Daniels Midland Company, Ingredion Inc., Tereos Group, Cargill Inc. and Cooperatie Koninklijke Cosun U.A. are the major companies operating in the Prebiotic Ingredient Market.
Which is the fastest growing region in Prebiotic Ingredient Market?
Latin America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Prebiotic Ingredient Market?
In 2024, the Europe accounts for the largest market share in Prebiotic Ingredient Market.
What years does this Prebiotic Ingredient Market cover?
The report covers the Prebiotic Ingredient Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Prebiotic Ingredient Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Prebiotics Ingredients Industry Report
The Global Prebiotic Ingredients Market is experiencing significant growth, driven by increasing awareness of the health benefits associated with prebiotic ingredients. This market analysis provides insights into the market share, market size, and market trends across various segments, including ingredient types like inulin, fructooligosaccharides, and galactooligosaccharides. The report also covers applications in infant formula, fortified foods and beverages, dietary supplements, animal feed, pharmaceuticals, and other applications.
The industry report offers a comprehensive industry overview and industry analysis, highlighting the market growth and market forecast. The report also includes detailed industry statistics and industry trends, providing valuable industry information for stakeholders. The market report examines the market segmentation by geography, covering regions such as North America, Europe, Asia-Pacific, South America, and the Middle-East and Africa.
The market research highlights the market leaders and their contributions to the market value. The report example and report pdf offer a detailed market review and market outlook, providing a thorough understanding of the market predictions and market data. The industry research covers the growth rate and industry sales, offering a clear picture of the industry's future.
For those interested in obtaining a sample of this industry analysis, a free report pdf download is available. This report is essential for research companies looking to stay ahead in the prebiotic ingredients market, offering valuable insights and market forecast for strategic planning and decision-making.
Prebiotics Ingredients Market Report Snapshots
