Dublin, April 15, 2019 (GLOBE NEWSWIRE) -- The "Global Prebiotic Ingredients Market - Segmented by Ingredient, Application, and Geography - Growth, Trends and Forecasts (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.
The global prebiotic ingredient market is expected to register a CAGR of 10.8% during the forecast period.
The global fructo-oligosaccharide market was valued at USD 1611.45 million in 2016, and it is expected to register a CAGR of 11.24% during the forecast period, 2018-2023.
Consumers have become increasingly knowledgeable about the importance of dietary fiber in maintaining a healthy digestive system and prefer a diet with increased fiber intake. Prebiotics are driving the digestive health ingredients market, with bakery and cereal products expected to witness high demand.
Consumer Demand for Prebiotics & Synbiotics is Driving the Market
The global prebiotics market size is projected to experience significant growth within the functional food industry, owing to wide applications in dairy products, nutrition bars, weight loss products, mineral supplements, green food, and health drinks.
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.
Infant Formula is a Major Category within the Industry
Inulin and sucrose are the commercial sources for FOS. The growing demand for FOS in infant nutrition is the major factor driving the market, mainly in Europe.
The major regulations across the world has accepted the utilization of oligosaccharide or FOS in infant formula. For instance, infant food formulas containing GOS or FOS are marketed in United States. Beneo's oligofructose received the generally recognized as safe (GRAS) status for use in infant formula, by the US Food and Drug Administration (FDA) in 2012.
Europe Accounts for the Highest Share
The European Food Safety Authority (EFSA) recently issued a positive opinion for a health claim about the replacement of sugars with non-digestible carbohydrates in foods and beverages and reduction of post-prandial glycaemic responses.
Italian consumers are aware of the fact that functional foods, like prebiotics, have prominent health benefits, and thus, are demanding products, which are affordable, as well as have functional properties, with acceptable taste and flavor.
Competitive Landscape
Beneo-Orafti SA and Sensus BV are the leading players in the global prebiotic ingredients market.
Manufacturers are making huge investments to come up with increasing number of innovative products, which incorporate FOS or its sources, like the utilization of FOS in combination with polyols (like maltitol), in order to improve sensory properties and digestive tolerance of reduced sugars and no added-sugar foodstuff.
Key Topics Covered
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Market
2. Market Insights
2.1 Market Overview
2.2 Prebiotic Ingredient Market Trends
2.3 Industry Attractiveness
3. Market Dynamics
3.1 Prebiotic Ingredient Market Drivers
3.2 Prebiotic Ingredient Market Restraints
3.3 Prebiotic Ingredient Market Opportunities
4. Market Segmentation and Analysis
4.1 Prebiotic Ingredient Market By Ingredient
4.1.1 Inulin
4.1.2 FOS (Fructo-oligosaccharide)
4.1.3 GOS (Galacto-oligosaccharide)
4.1.4 Others (Including MOS and other functional fibers)
4.2 Prebiotic Ingredient Market By Application
4.2.1 Infant Formula
4.2.2 Fortified Food & Beverage
4.2.3 Dietary Supplements
4.2.4 Animal Feed
4.2.5 Pharmaceuticals
5. Regional Segmentation and Analysis
5.1 North America Prebiotic Ingredient Market Size (2018-2023)
5.2 Europe Prebiotic Ingredient Market Size (2018-2023)
5.3 Asia-Pacific Prebiotic Ingredient Market Size (2018-2023)
5.4 South America Prebiotic Ingredient Market Size (2018-2023)
5.5 Middle-East & Africa Prebiotic Ingredient Market Size (2018-2023)
6. Prebiotic Ingredient Market Competitive Landscape
6.1 Market Share Analysis
6.2 Most Active Companies
6.3 Most Adopted Strategies
7. Prebiotic Ingredient Market Company Profiles
7.1 Royal Freisland Campina N.V.
7.2 Tereos Group
7.3 Beneo-Orafti S.A.
7.4 Cargill Inc.
7.5 Cosucra-groupe Warcoing S.A.
7.6 Ingredion Inc.
7.7 Kerry Group
7.8 Sensus B.V.
7.9 Nexira S.A.S.
7.10 Nutriagaves De Mexico S.A. De C.V.
7.11 DuPont Danisco
For more information about this report visit https://www.researchandmarkets.com/r/uzsuxh
Prebiotic Ingredients: Worldwide Industry Analysis & Outlook 2019-2024 - Growing Demand for FOS in Infant Nutrition is the Major Factor Driving the Market, Mainly in Europe
| Source: Research and Markets