South America Prebiotic Ingredients Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.40 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Prebiotic Ingredients Market Analysis
The South America prebiotic ingredients market is forecasted to register a CAGR of 7.4%, during the forecast period, 2020 - 2025.
- The market is majorly driven by the increasing consumer awareness regarding preventive healthcare of diseases such as oral health, bacterial vaginosis, and urinary tract, coupled with increasing expenditure on probiotic. Furthermore, 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.
- In the segmentation font by type, galacto-oligosaccharides (GOS), and fructo-oligosaccharide (FOS) are extensively consumed in the food processing segment, as these are friendly for the digestive system.
South America Prebiotic Ingredients Market Trends
This section covers the major market trends shaping the South America Prebiotic Ingredients Market according to our research experts:
Growing Inclination Toward Prebiotics & Synbiotics Products Across The Region
The primary reason for driving the prebiotic ingredients market is the increasing demand for probiotic and blends of probiotic and prebiotic food. Since, there is a general increase in health consciousness, globally, and probiotics and prebiotics, being the recent synonyms of improved gut health, the market for prebiotic ingredients is on a much visible rise. Thus, the increasing scope for products and dietary supplements with functional benefits, increasing health-conscious among the global population, and increasing concern toward obesity are driving the market for prebiotics, such as FOS, GOS, and MOS.
Moreover, prebiotics is being implicated in starter culture formulation, gut health maintenance, colitis prevention, cancer inhibition, immunopotentiaton, cholesterol removal, reduction of cardiovascular disease, prevention of obesity and constipation, bacteriocin production, and use in fishery, poultry, pig, cattle feed, and pet food. Thus, growing public awareness regarding the probiotics and synbiotic products has anticipated boosting the overall growth in the demand for the prebiotic ingredients market.
Brazil to Drive the Regional Market
Brazil holds the largest revenue share among the entire South American region. High dominance of diabetes and cardiovascular patients and drift of active living among the population are driving the health and wellness industry, which, in turn, has boosted the prebiotic ingredients market. In addition, infants who weigh low are made to drink alternatives of milk, which consists of prebiotics, to help them have sustained and healthy growth.
For instance, Aptamil 1 Danone is a milk substitute claiming to contain prebiotics (GOS and FOS) that favor the immune response of the baby. BENEO is one of the leading players in the prebiotic market in Brazil. It offers two highly functional prebiotic fibers, inulin, and oligofructose for animal nutrition, which improve intestinal health and ensure a healthy upbringing of pets and livestock.
South America Prebiotic Ingredients Industry Overview
The South America prebiotic ingredients market is consolidated in nature having a fewer number of domestic and multinational players competing for market share. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the regional market include BENEO GmbH, Fonterra Co-operative Group Limited, Sensus, Nexira, and OKCHEM, among others
South America Prebiotic Ingredients Market Leaders
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BENEO GmbH
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Fonterra Co-operative Group Limited
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Sensus
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OKCHEM
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Nexira SAS
*Disclaimer: Major Players sorted in no particular order
South America Prebiotic Ingredients Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables & Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Insulin
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5.1.2 FOS (Fructo-oligosaccharide)
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5.1.3 GOS (Galacto-oligosaccharide)
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5.1.4 Other Ingredients (Including MOS and Other Functional Fibers)
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5.2 By Application
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5.2.1 Infant Formula
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5.2.2 Fortified Food and Beverage
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5.2.3 Dietary Supplements
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5.2.4 Animal Feed
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5.2.5 Other Applications
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5.3 By Geography
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5.3.1 Brazil
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5.3.2 Argentina
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5.3.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 BENEO GmbH
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6.3.2 Fonterra Co-operative Group Limited
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6.3.3 Sensus
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6.3.4 Nexira
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6.3.5 OKCHEM
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6.3.6 Jarrow Formulas, Inc.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Prebiotic Ingredients Industry Segmentation
The South America 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 South America, including Brazil, Argentina, and the Rest of South America.
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 | |
Brazil | |
Argentina | |
Rest of South America |
South America Prebiotic Ingredients Market Research FAQs
What is the current South America Prebiotic Ingredients Market size?
The South America Prebiotic Ingredients Market is projected to register a CAGR of 7.40% during the forecast period (2024-2029)
Who are the key players in South America Prebiotic Ingredients Market?
BENEO GmbH, Fonterra Co-operative Group Limited, Sensus, OKCHEM and Nexira SAS are the major companies operating in the South America Prebiotic Ingredients Market.
What years does this South America Prebiotic Ingredients Market cover?
The report covers the South America Prebiotic Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Prebiotic Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Prebiotic Ingredients Industry Report
Statistics for the 2024 South America Prebiotic Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Prebiotic Ingredients analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.