Prebiotic Fiber Market Competitive Index and Regional Footprint Study Report with a CAGR of 9.7% From 2024-2031.
According to the latest research by InsightAce Analytic, the Global Prebiotic Fiber Market is valued at US$ 6.62 Bn in 2023, and it is expected to reach US$ 13.67 Bn by 2031, with a CAGR of 9.7% during the forecast period of 2024-2031.
(EMAILWIRE.COM, August 22, 2024 ) InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Prebiotic Fiber Market- (By Type (Inulin, Fructo-oligosaccharides (FOS), Galacto-oligosaccharides (GOS), Polydextrose, and Others); By Application (Food & Beverages, Dietary Supplements, Animal Feed and Others)), By Nature, By Sales Channel, By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
Prebiotic fibers are non-digestible fibers that stimulate the growth and activity of beneficial bacteria in the gut, promoting digestive health. These fibers are derived from plant sources such as chicory root, onions, garlic, and bananas. They are known for their ability to support gut health by improving digestion and enhancing nutrient absorption. Increasing consumer awareness about the health benefits of prebiotic fibers, including their role in maintaining gut microbiota balance and supporting immune function, is driving market growth. Moreover, the rising prevalence of digestive disorders and gastrointestinal diseases is fueling the demand for prebiotic fiber supplements and functional foods.
Secondly, the prevalence of digestive disorders and gastrointestinal diseases worldwide drives market expansion. These fibers are recognized for supporting regular bowel movements and alleviating symptoms associated with digestive ailments, fueling their adoption. Additionally, advancements in food technology and formulation have facilitated the incorporation of prebiotic fibers into a wide range of food and beverage products without compromising taste or texture. This has expanded the market potential across various segments, including bakery, dairy, and functional beverages, catering to diverse consumer preferences and dietary needs.
Get Free Access to Demo Report, Excel Pivot and ToC : https://www.insightaceanalytic.com/request-sample/2632
List of Prominent Players in the Prebiotic Fiber Market:
BENEO
Roquette Frθres
Ingredion Incorporated
Cosucra Groupe Warcoing SA
Cargill Incorporated
Tate & Lyle PLC
Jarrow Formulas
Kerry Group
Nexira
Yakult Honsha Co. Ltd.
Dupont de Nemours Inc.
Royal Cosun
Sensus
Lonza Group AG
Clasado Biosciences
Fonterra Co-operative Group Limited
ADM (Archer Daniels Midland Company)
Natures Way Products LLC
NOW Foods
Givaudan SA
Other Prominent Players
Expert Knowledge, Just a Click Away:https://calendly.com/insightaceanalytic/30min?month=2024-02
Market Dynamics:
Drivers:
The growing consumer preference for functional foods and dietary supplements that promote digestive health is a key factor driving market growth. Increasing research and development activities focused on exploring the health benefits of prebiotic fibers are also contributing to market expansion. Additionally, rising healthcare expenditures and awareness regarding preventive healthcare are boosting the demand for prebiotic fiber products globally. Furthermore, supportive regulatory frameworks and health claims approvals for prebiotic fiber products have encouraged manufacturers to innovate and launch new products in the market. Regulatory bodies in key regions are increasingly recognizing the health benefits associated with prebiotic fibers, which has further bolstered consumer confidence and market growth.
Challenges:
The market's challenges include the high cost of production and formulation of prebiotic fiber products, which can limit their affordability and accessibility in certain regions. Regulatory complexities and stringent labeling requirements for dietary supplements and functional foods containing prebiotic fibers also pose challenges for market players. Moreover, variability in consumer understanding and acceptance of prebiotic fiber products across different regions and demographics may hinder market growth.
Regional Trends:
North America is expected to dominate the prebiotic fiber market, driven by high consumer awareness and adoption of functional foods and dietary supplements. The need for premium animal feed components has increased among producers due to the growth in disease outbreaks in the United States, including BSE, PEDV, and swine flu. Prebiotic demand is also expected to rise during the projection period as countries' levels of disposable income rise. These factors will also likely increase the use of dietary supplements. Additionally, Asia-Pacific is anticipated to witness significant growth, supported by increasing health consciousness and rising disposable incomes in countries like China, India, and Japan. The market for food and beverage products enhanced with prebiotics is being driven by rising consumer health consciousness regarding the significance of digestive health and the advantages of prebiotics. Furthermore, customers in nations like China, India, and Southeast Asia have greater discretionary cash to spend on wellness and health items, including dietary supplements.
Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/2632
Recent Developments:
In March 2023, Beneo GmbH announced the expansion of its prebiotic fiber production capacity in response to growing market demand for functional food ingredients that improve digestive health.
Segmentation of Prebiotic Fiber Market
Prebiotic Fiber Market- By Nature
Organic
Conventional
Prebiotic Fiber Market- By Product Type
Galacto-Oligosaccharide
Fructo-Oligosaccharide
Mannan-Oligosaccharide
Inulin
Other
Prebiotic Fiber Market- By Application
Food and Beverages
Baked Foods
Dairy
Breakfast Snacks
Animal Feed
Nutritional Supplements
Others
Prebiotic Fiber Market- By Sales Channel
Direct Sales
Indirect Sales
o Supermarket/Hypermarket
o Online Stores
o Retail Stores
Prebiotic Fiber Market- By Region
North America-
The US
Canada
Mexico
Europe-
Germany
The UK
France
Italy
Spain
Rest of Europe
Asia-Pacific-
China
Japan
India
South Korea
South East Asia
Rest of Asia Pacific
Latin America-
Brazil
Argentina
Rest of Latin America
Middle East & Africa-
GCC Countries
South Africa
Rest of Middle East and Africa
Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/buy-report/2632
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Prebiotic fibers are non-digestible fibers that stimulate the growth and activity of beneficial bacteria in the gut, promoting digestive health. These fibers are derived from plant sources such as chicory root, onions, garlic, and bananas. They are known for their ability to support gut health by improving digestion and enhancing nutrient absorption. Increasing consumer awareness about the health benefits of prebiotic fibers, including their role in maintaining gut microbiota balance and supporting immune function, is driving market growth. Moreover, the rising prevalence of digestive disorders and gastrointestinal diseases is fueling the demand for prebiotic fiber supplements and functional foods.
Secondly, the prevalence of digestive disorders and gastrointestinal diseases worldwide drives market expansion. These fibers are recognized for supporting regular bowel movements and alleviating symptoms associated with digestive ailments, fueling their adoption. Additionally, advancements in food technology and formulation have facilitated the incorporation of prebiotic fibers into a wide range of food and beverage products without compromising taste or texture. This has expanded the market potential across various segments, including bakery, dairy, and functional beverages, catering to diverse consumer preferences and dietary needs.
Get Free Access to Demo Report, Excel Pivot and ToC : https://www.insightaceanalytic.com/request-sample/2632
List of Prominent Players in the Prebiotic Fiber Market:
BENEO
Roquette Frθres
Ingredion Incorporated
Cosucra Groupe Warcoing SA
Cargill Incorporated
Tate & Lyle PLC
Jarrow Formulas
Kerry Group
Nexira
Yakult Honsha Co. Ltd.
Dupont de Nemours Inc.
Royal Cosun
Sensus
Lonza Group AG
Clasado Biosciences
Fonterra Co-operative Group Limited
ADM (Archer Daniels Midland Company)
Natures Way Products LLC
NOW Foods
Givaudan SA
Other Prominent Players
Expert Knowledge, Just a Click Away:https://calendly.com/insightaceanalytic/30min?month=2024-02
Market Dynamics:
Drivers:
The growing consumer preference for functional foods and dietary supplements that promote digestive health is a key factor driving market growth. Increasing research and development activities focused on exploring the health benefits of prebiotic fibers are also contributing to market expansion. Additionally, rising healthcare expenditures and awareness regarding preventive healthcare are boosting the demand for prebiotic fiber products globally. Furthermore, supportive regulatory frameworks and health claims approvals for prebiotic fiber products have encouraged manufacturers to innovate and launch new products in the market. Regulatory bodies in key regions are increasingly recognizing the health benefits associated with prebiotic fibers, which has further bolstered consumer confidence and market growth.
Challenges:
The market's challenges include the high cost of production and formulation of prebiotic fiber products, which can limit their affordability and accessibility in certain regions. Regulatory complexities and stringent labeling requirements for dietary supplements and functional foods containing prebiotic fibers also pose challenges for market players. Moreover, variability in consumer understanding and acceptance of prebiotic fiber products across different regions and demographics may hinder market growth.
Regional Trends:
North America is expected to dominate the prebiotic fiber market, driven by high consumer awareness and adoption of functional foods and dietary supplements. The need for premium animal feed components has increased among producers due to the growth in disease outbreaks in the United States, including BSE, PEDV, and swine flu. Prebiotic demand is also expected to rise during the projection period as countries' levels of disposable income rise. These factors will also likely increase the use of dietary supplements. Additionally, Asia-Pacific is anticipated to witness significant growth, supported by increasing health consciousness and rising disposable incomes in countries like China, India, and Japan. The market for food and beverage products enhanced with prebiotics is being driven by rising consumer health consciousness regarding the significance of digestive health and the advantages of prebiotics. Furthermore, customers in nations like China, India, and Southeast Asia have greater discretionary cash to spend on wellness and health items, including dietary supplements.
Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/2632
Recent Developments:
In March 2023, Beneo GmbH announced the expansion of its prebiotic fiber production capacity in response to growing market demand for functional food ingredients that improve digestive health.
Segmentation of Prebiotic Fiber Market
Prebiotic Fiber Market- By Nature
Organic
Conventional
Prebiotic Fiber Market- By Product Type
Galacto-Oligosaccharide
Fructo-Oligosaccharide
Mannan-Oligosaccharide
Inulin
Other
Prebiotic Fiber Market- By Application
Food and Beverages
Baked Foods
Dairy
Breakfast Snacks
Animal Feed
Nutritional Supplements
Others
Prebiotic Fiber Market- By Sales Channel
Direct Sales
Indirect Sales
o Supermarket/Hypermarket
o Online Stores
o Retail Stores
Prebiotic Fiber Market- By Region
North America-
The US
Canada
Mexico
Europe-
Germany
The UK
France
Italy
Spain
Rest of Europe
Asia-Pacific-
China
Japan
India
South Korea
South East Asia
Rest of Asia Pacific
Latin America-
Brazil
Argentina
Rest of Latin America
Middle East & Africa-
GCC Countries
South Africa
Rest of Middle East and Africa
Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/buy-report/2632
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact Information:
Insight Ace Analytics
Diana Dsouza
Tel: +8884144123
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Insight Ace Analytics
Diana Dsouza
Tel: +8884144123
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results