Global Prebiotic Ingredients Market - 2022-2029

Market Overview:

The global prebiotic ingredients market valued USD xx million in 2021 and is forecast to reach USD xx million by 2029, growing at a CAGR of xx% during the forecast period (2022-2029).

Prebiotics are selectively fermented ingredients that allow specific changes in the composition and activity of the gastrointestinal microflora that benefit host well-being and health. They are dietary fibers including inulin or pectin with a well-established positive impact on the intestinal microflora. Prebiotics may enable various beneficial effects on the gastrointestinal tract. Inulin, oligosaccharides, mannan-oligosaccharide, galacto-oligosaccharides, fructo-oligosaccharide, and polydextrose, among others, are various types of prebiotics ingredients beneficial for human and animal health.

Market Dynamics:

Increasing awareness about health benefits associated with prebiotic ingredients

Rising consumer awareness concerning the health benefits of prebiotics and increasing fiber-rich foods in daily diet food by consumers is expected to raise the demand for prebiotic ingredients during the forecast period. Prebiotic ingredients have multiple health benefits like balancing the gut microflora, decreasing abdominal pain, relieving constipation, and controlling bloating, which are escalating the demand for prebiotics. Moreover, an increasing number of gyms and physical fitness centers in the U.S. are further expected to promote product adoption in manufacturing nutraceutical supplements, thus boosting the market share. The growing importance of using prebiotics in weight management nutritional supplements, along with increased investments in R&D for product innovation, is predicted to thrust the industry growth.

Moreover, manufacturers in numerous industries are trying to include natural components since consumers choose plant-based and natural products. Natural dietary fiber is the main source of prebiotic compounds. As people become more conscious of the negative effects of antibiotics and other chemicals in processed foods, they consume more prebiotic fibers. Moreover, many prebiotic foods are suitable for vegans and people on other diets to eat. For instance, Kombucha is known worldwide as a probiotic drink. Many health benefits attributed to Kombucha make it popular as a functional beverage. Vegan people also use it in their daily diet. As a result, the growing preference for plant-based products is expected to impact the prebiotics market positively. The multiple advantages of prebiotics have increased their demand in the end-use industry, which is projected to fuel the prebiotics ingredients market growth.

Market Segmentation:

The food & beverage segment held the highest market revenue share of xx% in the year 2021

Based on the application, the food & beverage held the largest market share, accounting for xx% in 2021. As consumers choose plant-based and natural products, manufacturers in various industries try to include natural ingredients in their products. The main source of prebiotic ingredients is natural dietary fiber. Moreover, prebiotic ingredients are easily incorporated into daily diets through dairy, bakery, meat, cereal, and confectionery foods. The diet products do not change the consistency or taste of these products when used as an additional ingredient. The increase in awareness about the side effects of the antibiotics and other chemicals present in processed food products increases the consumption of prebiotic fibers. Thus, the increasing preference for using plant-based products in the food & beverage industry is estimated to impact the prebiotics ingredients market positively.

Based on ingredient type, the inulin held the largest market share in the prebiotic ingredients market. Inulin is widely used in low-fat dairy and bakery and confectionery products such as low-fat dairy desserts, yogurt, milk beverages, fresh cheeses, and creams to improve consistency and taste. Moreover, inulin is considered an exceptional product with the added benefit of its organoleptic properties, providing considerable benefits through its fibrous characteristics. These factors influenced drive the prebiotic ingredient market

Geographical Penetration:

Europe is dominating the global prebiotic ingredients market in the year 2021

The rising awareness regarding health benefits and the wave in the aged population are major factors to boost the prebiotic ingredients market in Europe during the forecast period, both in food and beverages and pharmaceuticals, since prebiotics support digestion and healthy bowel movements. The European dietary supplement market is driven by the growing acceptance of these supplements among the aged population and the increasing incidences of lifestyle diseases. Healthcare specialists across the region suggest dietary supplements containing prebiotic components to their patients to combat health challenges. Moreover, concern among consumers due to rising cases of diabetes and obesity has further encouraged manufacturers of the confectionery industry to use prebiotic ingredients, which have subsequently led to an increase in demand for the product in the region.

North America prebiotic ingredients market is expected to grow at an accelerated rate in the forecast period due to the shift in consumers' lifestyles toward preventive medicines. Prebiotic supplements are not only for the aging population and also choices for adult people of their increased awareness of health and fitness. For instance, as per National Health and Nutrition Examination Survey, among U.S. adults aged 20 and over, 57.6% used any dietary supplement every month. And the use of dietary supplements is higher among women than men by 13%. Additionally, the market in the region is expanding as food and beverage companies increase their number of applications and as customers become more interested in healthy diets.

Competitive Landscape:

Some industry players operating in the prebiotic ingredient market are Beghin Meiji S.A., BENEO, Cargill, Incorporated, E. I. du Pont de Nemours and Company, Ingredion Incorporated, Kerry Group plc, and Nexira SAS, among others. These players focus on emerging markets to expand their product portfolio to cater to the requirements of various product segments, especially in prebiotic ingredients. Key players are also 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 global market. For instance, in October 2021, Cargill launched poultry feed with essential oils for healthy flocks and maximized egg production. Cargill delivers feed by adding essential oils to its Nutrena poultry feeds. The natural essential oils promote egg weight, size and production, enhanced palatability, and a fresh aroma direct from the bag. In October 2021, OptiBiotix Health PLC launched SnackSmart Fruit & Fibre gummies. It promotes a healthy gut via a blend of non-digestible prebiotics and dietary fiber glucomannan, and chromium. In February 2019, SynTech Nutrition launched the SynTsize of Pumpall-in-one pre-workout supplement, one of SynTech Nutrition's Elite Series supplements, introduced to the U.S. market 2019.

COVID-19 impact:

Positive impact on the global prebiotic ingredients market

Due to higher consumer awareness regarding the health benefits of prebiotics and increased health consciousness, the market has been positively impacted during the pandemic. The COVID-19 pandemic has led to a shift in the diet behavior of consumers, with 56% of European consumers associating prebiotics with immune health, as 70% of immune cells are found in the gut. Moreover, companies like Kellogg's are expanding their gut-health portfolios with the launches of new prebiotic cereals to improve gut health, paying the way for more prebiotic ingredient growth post-COVID-19. During the pandemic, prebiotic ingredients have become very popular in dietary supplements and food and beverage products.

Why Purchase the Report?

Understand the current market scenario and viability of global prebiotic ingredients market over the forecast period

Visualize the composition of the global prebiotic ingredients market in terms of ingredient type, source, functionality, and application to identify major players, growth potential, and market strategies

Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period

Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

Excel data sheet with valuable data points of the global prebiotic ingredients market - Regional and Country level segmentation

Product mapping in excel for the key products of all major market players

Market share analysis covering business revenues ($) and revenue share (%) of key market players

The global prebiotic ingredients market report would provide an access to approximately 69 market data tables, 72 figures, and 180 pages

Target Audience:

Prebiotic Ingredients Manufacturers

Dietary Supplements Manufacturers

Animal Feed Manufacturers

Food & Beverages Manufacturers

Education & Research Institutes

Research Professionals