PUBLISHER: Polaris Market Research | PRODUCT CODE: 1463083
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1463083
Europe Inulin Market Share, Size, Trends, Industry Analysis Report, By Source (Chicory, Agave, Jerusalem artichokes, Asparagus, Others); By Application; By Country; Segment Forecast, 2024 - 2032
The europe inulin market size is expected to reach USD 1,494.64 Million by 2032, according to a new study by Polaris Market Research. The report "Europe Inulin Market Share, Size, Trends, Industry Analysis Report, By Source (Chicory, Agave, Jerusalem artichokes, Asparagus, Others); By Application; By Country; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The European region dominated the global inulin market in 2023 as the demand for natural and healthy food products increased. Inulin is commonly used as an ingredient in bakery items, beverages, dairy products, and dietary supplements. The European market for inulin is driven by growing consumer awareness of the health benefits of inulin, its versatility, and the trend of using clean labels on food products. The main driver of the European inulin market is consumers' increasing interest in healthy eating habits and natural ingredients.
However, the European inulin market faces certain challenges, such as the high production cost compared to other natural sweeteners like stevia or monk fruit. This cost disparity is discouraging some manufacturers from using inulin in their products, particularly in markets where price is a crucial factor.
The growing emphasis on natural and sustainable ingredients significantly drives the European inulin market's growth. Consumers are increasingly seeking products made with natural and healthy ingredients, and inulin is a naturally occurring polysaccharide found in plants that perfectly fits this criterion. Inulin's popularity is also due to consumers' desire to avoid artificial additives and preservatives, which they consider unhealthy or harmful. Furthermore, the major players in the European inulin industry are looking to expand their business by exploring new markets and countries to broaden their customer base and reinforce their position in the inulin market.
Europe Inulin Market Report Highlights
Chicory source of inulin has dominated the European market, serving as a key ingredient in various food and beverage products. Its high nutritional content and functional properties make it an attractive choice for manufacturers looking to produce healthy and tasty products.
The European inulin market is projected to witness substantial growth in the Dietary Supplement applications segment during the forecast period. This growth is attributed to the rising health consciousness and increasing awareness about the advantages of natural ingredients. Consequently, the demand for dietary supplements containing inulin is on the rise.
Germany is a leading market for inulin in Europe, primarily due to the high demand for natural sweeteners among its substantial and aging population. The demand for inulin is driven by its increasing use in various applications, including food and beverages, as well as dietary supplements.
The key market players include BENEO, Cargill, Ciranda, COSUCRA, FENCHEM, Jarrow Formulas, Inc, Nova Green Inc., OQEMA Group, Sensus BV (Royal Cosun), Stanlab Sp. z o.o., The Ingredient House, The Tierra Group, etc.
Polaris Market Research has segmented the Europe inulin market report based on source, application, and country:
Europe Inulin, Source Outlook (Revenue - USD Million, 2019 - 2032)
- Chicory
- Agave
- Jerusalem artichokes
- Asparagus
- Others
Europe Inulin, Application Outlook (Revenue - USD Million, 2019 - 2032)
- Pharmaceutical
- Dietary Supplements
- Food and Beverages
- Others
Europe Inulin, Country Outlook (Revenue - USD Million, 2019 - 2032)
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Asia
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Europe Inulin Market Insights
- 4.1. Europe Inulin Market - Industry Snapshot
- 4.2. Europe Inulin Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing emphasis on the use of natural ingredients drives the European inulin market growth
- 4.2.1.2. The shift towards healthier options has led to an increased demand for inulin-based products
- 4.2.2. Restraints and Challenges
- 4.2.2.1. The high cost of extraction of inulin affects the European market growth
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Europe Inulin Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Europe Inulin Market, by Source
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Europe Inulin, by Source, 2019-2032 (USD Million)
- 5.3. Chicory
- 5.3.1. Europe Inulin Market, by Chicory, 2019-2032 (USD Million)
- 5.4. Agave
- 5.4.1. Europe Inulin Market, by Agave, 2019-2032 (USD Million)
- 5.5. Jerusalem artichokes
- 5.5.1. Europe Inulin Market, by Jerusalem artichokes, 2019-2032 (USD Million)
- 5.6. Asparagus
- 5.6.1. Europe Inulin Market, by Asparagus, 2019-2032 (USD Million)
- 5.7. Others
- 5.7.1. Europe Inulin Market, by Others, 2019-2032 (USD Million)
6. Europe Inulin Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 6.3. Pharmaceutical
- 6.3.1. Europe Inulin Market, by Pharmaceutical, 2019-2032 (USD Million)
- 6.4. Dietary Supplements
- 6.4.1. Europe Inulin Market, by Dietary Supplements, 2019-2032 (USD Million)
- 6.5. Food and Beverages
- 6.5.1. Europe Inulin Market, by Food and Beverages, 2019-2032 (USD Million)
- 6.6. Others
- 6.6.1. Europe Inulin Market, by Others, 2019-2032 (USD Million)
7. Europe Inulin Market, by Countries
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Europe Inulin Market Assessment, By Countries, 2019-2032 (USD Million)
- 7.2.2. Europe Inulin Market - Germany
- 7.2.2.1. Germany: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 7.2.2.2. Germany: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- 7.2.3. Europe Inulin Market - Italy
- 7.2.3.1. Italy.: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 7.2.3.2. Italy.: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- 7.2.4. Europe Inulin Market - Russia
- 7.2.4.1. Russia: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 7.2.4.2. Russia: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- 7.2.5. Europe Inulin Market - UK
- 7.2.5.1. UK: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 7.2.5.2. UK: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- 7.2.6. Europe Inulin Market - France
- 7.2.6.1. France: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 7.2.6.2. France: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- 7.2.7. Europe Inulin Market - Rest of Europe
- 7.2.7.1. Rest of Europe: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 7.2.7.2. Rest of Europe: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- 7.2.8. Europe Inulin Market - Netherlands
- 7.2.8.1. Netherlands: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 7.2.8.2. Netherlands: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- 7.2.9. Europe Inulin Market - Spain
- 7.2.9.1. Spain: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- 7.2.9.2. Spain: Europe Inulin Market, by Source, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. BENEO
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Source Benchmarking
- 9.1.4. Recent Development
- 9.2. Cargill
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Source Benchmarking
- 9.2.4. Recent Development
- 9.3. Ciranda
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Source Benchmarking
- 9.3.4. Recent Development
- 9.4. COSUCRA
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Source Benchmarking
- 9.4.4. Recent Development
- 9.5. FENCHEM
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Source Benchmarking
- 9.5.4. Recent Development
- 9.6. Jarrow Formulas, Inc
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Source Benchmarking
- 9.6.4. Recent Development
- 9.7. Nova Green Inc
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Source Benchmarking
- 9.7.4. Recent Development
- 9.8. OQEMA Group
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Source Benchmarking
- 9.8.4. Recent Development
- 9.9. Sensus BV (Royal Cosun)
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Source Benchmarking
- 9.9.4. Recent Development
- 9.10. Stanlab Sp. z o.o.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Source Benchmarking
- 9.10.4. Recent Development
- 9.11. The Ingredient House
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Source Benchmarking
- 9.11.4. Recent Development
- 9.12. The Tierra Group
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Source Benchmarking
- 9.12.4. Recent Development
List of Tables
- Table 1 Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 2 Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 3 Europe Inulin Market Assessment, By Countries, 2019-2032 (USD Million)
- Table 4 Germany: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 5 Germany: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 6 Italy.: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 7 Italy.: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 10 Russia: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 11 Russia: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 12 UK: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 13 UK: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 14 France: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 15 France: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 16 Germany: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 17 Germany: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 18 Rest of Europe: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 19 Rest of Europe: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 20 Netherlands: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 21 Netherlands: Europe Inulin Market, by Source, 2019-2032 (USD Million)
- Table 22 Spain: Europe Inulin Market, by Application, 2019-2032 (USD Million)
- Table 23 Spain: Europe Inulin Market, by Source, 2019-2032 (USD Million)
List of Figures
- Figure 1 Europe Inulin Market, 2019-2032 (USD Million)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Countries
- Figure 5 Porter's Five Forces
- Figure 6 Market by Application
- Figure 7 Europe Inulin Market, by Application, 2022 & 2032 (USD Million)
- Figure 8 Market by Source
- Figure 9 Europe Inulin Market, by Source, 2022 & 2032 (USD Million)
- Figure 10 Europe Inulin Market Assessment, By Countries, 2019-2032 (USD Million)
- Figure 11 Strategic Analysis - Europe Inulin Market
