Global Prebiotic Ingredients Market: Snapshot

The global prebiotic ingredients market is benefitting from the rising demand for functional food ingredients in everyday food. Health-savvy consumers looking for natural ingredients based food items coupled with increasing purchasing power leading to high spending on natural ingredients based foods are having a positive influence on the sales of prebiotic based products. Key players in the market are leveraging this opportunity to undertake initiatives to understand the nutritional profile of foods, which in turn, helps understand their health benefits.

Apart from this, rising acceptance of benefits of prebiotic based products to help reduce obesity level is benefitting the prebiotic ingredients market. As per the World Health Organization, the declining obesity level among Americans since 2010, which is related to consumption of prebiotic based products is leading to a sizeable demand for prebiotics in this region.

However, lack of knowledge among consumers about the difference between probiotics and prebiotics is challenging the growth of the market to some extent.

As per a report by Transparency Market Research, the global prebiotic ingredients market is likely to expand at a healthy 10.3% CAGR between 2017 and 2025 in terms of revenue. Rising at this pace, the prebiotic ingredients market is expected to attain a value of US$7,687.9 mn by the end of 2025 from its estimated worth of US$3,512.8 mn in 2017.

Global Prebiotic Ingredients

Demand for Root Sourced Prebiotics Supersede Amongst other Sources

The report divides the prebiotic ingredients market into fructo-oligosaccharide, galacto-oligosaccharide, mannan-oligosaccharide, inulin, and others depending upon ingredient. Amongst all, inulin is estimated to hold 34.3% of market share by the end of 2017. This is owing to its vast applications in food, beverage, confectionery, and bakery industries. In terms of application, the segments into which the global prebiotic ingredients market is divided are food & beverages, dietary supplements, animal feed, and pet food.

By source, the global prebiotic ingredients market is segmented into vegetables, cereals, root, acacia tree, and others. Of them, root segment is estimated to hold the leading 46.5% of market share by 2017- end. Root has emerged as a key segment as the demand for prebiotics sourced from plant roots is higher than the one procured from grains and vegetables.

Rising Demand for Functional Foods Make Asia Pacific Leader

Geography-wise, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are the key regions that divide the prebiotic ingredients market in this report. Vis-à-vis volume and revenue, Asia Pacific is predicted to dominate the overall market by the end of 2017. Powered by China, the region is expected to display the leading CAGR of 11.1% between 2017 and 2025 to attain a significant share in the market in terms of revenue over the forecast period. This is mainly because of rising awareness about functional foods and affordability of the product. Furthermore, changing lifestyle and rising consumer awareness about the importance of health-benefitting foods is contributing to the growth of this regional market.

Cargill Incorporated, Koninklijke Friesland Campina N.V., Cosucra Groupe Warcoing S.A., BENEO GmbH, Jarrow Formulas Inc., Fonterra Co-operative Group Limited, Dairy Crest Group plc, Gova BVBA, The Tereos Group, S.A.A Olygose and Clasado Biosciences Limited, Yakult Honsha Co. Ltd., Ingredion Incorporated, Kerry Group plc, Roquette Freres S.A., Sensus America Inc., Cooperatie Koninklijke Cosun U.A., Prenexus Health, Jackson Gl Medical, and The New Francisco Biotechnology Corporation are the key vendors that operate in the prebiotic ingredients market.

Global Prebiotic Ingredients Market: Overview

This report provides forecast and analysis of the global prebiotic ingredients market. It provides historical data of 2015 along with estimated data of 2017, and forecast data up to 2025 in terms of revenue (US$ Mn). The report also includes macroeconomic indicators along with an outlook on prebiotic ingredients for global market. It includes drivers and restraints of the global prebiotic ingredients market and their impact on each region during the forecast period. The report also comprises the study of current issues with consumers and opportunities for prebiotic ingredients products. It also includes value chain analysis.

In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and market key players and strategy overview. The dashboard provides detailed comparison of prebiotic ingredients manufacturers on parameters such as total revenue, product offerings, and key strategy. The study encompasses market attractiveness analysis by diaper type and region.

Global Prebiotic Ingredients Market: Market Segmentation

The report includes prebiotic ingredients market company profiles and the revenue generated from the companies across North America, Latin America, Europe, APAC and MEA. By ingredient, the global prebiotic ingredients market can be segmented into Fructo-oligosaccharide, galacto-oligosaccharide, mannan-oligosaccharide, inulin and others. By applications the market is segmented as food & beverages, dietary supplements, animal feed and pet food. By source, the global Prebiotic Ingredients market is segmented into vegetables, cereals, root, acacia tree and others.

Global Prebiotic Ingredients Market: Research Methodology

For the calculation of revenue collection of average regional prices were obtained through primary quotes from numerous prebiotic ingredients manufacturers, retailers and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of prebiotic ingredients in the different regions. Top-down approach has been used to estimate the prebiotic ingredients market by countries. Global market numbers by product type has been derived using the bottom-up approach, which is cumulative of each country’s demand. Company-level market share has been derived on the basis of prebiotic ingredients penetration. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, and Hoover’s, and company annual reports and publications.

Global Prebiotic Ingredients Market: Competitive Landscape

The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major companies operating in the Global Prebiotic ingredients market are Cargill Incorporated, Yakult Honsha Co., Ltd, Koninklijke FrieslandCampina N.V., Ingredion Incorporated, Cosucra Groupe Warcoing S.A., Kerry Group plc, BENEO GmbH, Roquette Freres S.A., Jarrow Formulas, Inc., Sensus America, Inc., Fonterra Co-operative Group Limited, Cooperatie Koninklijke Cosun U.A., Dairy Crest Group plc, Prenexus Health, Gova BVBA, Jackson GI Medical, The Tereos Group, The New Francisco Biotechnology Corporation, S.A.S Olygose andClasado Biosciences Limited.

The market has been segmented as below:

Global Prebiotic ingredients market – By Ingredient

  • Fructo-oligosaccharide
  • Galacto-oligosaccharide
  • Mannan-oligosaccharide
  • Inulin
  • Others

Global Prebiotic ingredients market – Application

  • Food & Beverages
  • Dairy Products
  • Cereals & Bakery
  • Meat Products
  • Others
  • Dietary Ingredients
  • Nutritional Supplements
  • Specialty Nutrients
  • Infant Formulae
  • Animal Feed
  • Pet Food

Global Prebiotic ingredients market – By Source

  • Vegetables
  • Cereals
  • Root
  • Acacia Tree
  • Others

Global Prebiotic ingredients market – By Region

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA