Dublin, Sept. 10, 2018 (GLOBE NEWSWIRE) -- The "Prebiotic Ingredients Market by Type (Oligosaccharides, Inulin, and Polydextrose), Application (Food & Beverages, Dietary Supplements, and Animal Feed), Source (Roots, Grains, and Vegetables), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The prebiotic ingredients market is estimated at USD 4.07 billion in 2017, and is projected to grow at a CAGR of 10.4% to reach USD 7.37 billion by 2023.
The market is primarily driven by factors such as adoption of healthier diets, which has led to an increased demand for clean label products, such as plant-sourced prebiotics. Another growth factor can be the multifunctionality of prebiotics ingredients. While volatile factors such as global climatic conditions that affect the production of raw materials such as vegetables, roots, and grains act as a major restraint for the growth of the prebiotic ingredients market. The increasing prices of raw materials is an important concern for prebiotic ingredient manufacturers, which consequently acts as a restraint to the prebiotic ingredients market.
Prebiotic ingredients are being used as dietary supplements and this application is projected to grow at the highest CAGR among other applications. Prebiotic ingredients have many digestive and general health benefits such as the balance of gut microflora, and improvement in related conditions such as abdominal pain, bloating, and constipation. Due to all these properties, the consumption of these ingredients has increased.
Based on type, the market for oligosaccharides is projected to be the fastest-growing during the forecast period. Fructooligosaccharide (FOS), a type of oligosaccharides, is a water-soluble dietary fiber that is sweet and non-digestible; it is generally used as a sweetener. Being used as a sugar replacer it has a wide range of applications in the food industry, especially in bakery and confectionery. Thus, making it the fastest-growing segment.
Based on the source of the prebiotic ingredients, roots are projected to form the largest segment. As the amount of prebiotic ingredients present in the roots is the highest among the other sources, manufacturers prefer the extraction of these ingredients through roots.
Asia Pacific is projected to be the fastest-growing market over the next six years. Industrial growth and improvements in the food industry have opened new opportunities for the prebiotic ingredients market in this region. Also, the presence of several end-user pharmaceutical companies of prebiotic ingredients indicates high demand for prebiotics ingredients in Asia Pacific.
The key players profiled in this report are as follows:
- BENEO (Germany)
- Cargill (US)
- DuPont (US)
- FrieslandCampina (Netherlands)
- Fonterra (New Zealand)
- Kerry Group (Ireland)
- Ingredion (Ingredion) (US)
- Yakult Pharmaceutical (Japan)
- Royal Cosun (Netherlands)
- Beghin Meiji (France)
- Nexira (France)
- Samyang Genex (South Korea)
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Year Considered for the Study
1.5 Currency
1.6 Unit Considered
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Share Estimation
2.3 Market Size Estimation
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions & Limitations
3 Executive Summary
4 Premium Insights
4.1 Market Opportunities for Prebiotic Ingredient Manufacturers
4.2 Asia Pacific: Fastest-Growing Prebiotic Ingredients Market
4.3 Prebiotic Ingredients Market Growth, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 The Rising Trend for A Healthy Diet
5.2.1.2 Prebiotic Ingredients Act as Multifunctional Ingredients
5.2.1.3 A Wide Range of Applications in the Food & Beverage Industry
5.2.2 Restraints
5.2.2.1 High Manufacturing and R&D Cost
5.2.2.2 Stringent Trade Regulations
5.2.3 Opportunities
5.2.3.1 Rapid Increase in the Number of Research Activities for Various Applications of Prebiotics
5.2.3.2 Growth in the Demand for Prebiotic Ingredients in China, India, and Brazil
5.2.4 Challenges
5.2.4.1 Low Awareness Regarding the Difference Between Probiotic and Prebiotic
5.3 Value Chain Analysis
6 Regulations
6.1 Introduction
6.2 Japan
6.3 Canada
6.4 US
6.5 European Union
6.6 Australia & New Zealand
6.7 South Korea
6.8 India
7 Prebiotic Ingredients Market, By Brand
7.1 Introduction
7.2 Oliggo-Fiber
7.3 Osmoaid
7.4 Orafti HPX
7.5 Nutraflora
7.6 Domo Vivinal GOS
7.7 Fibregum
7.8 Frutafit and Frutalose
8 Prebiotics Ingredients Market, By Functionality
8.1 Introduction
8.2 Gut Health
8.3 Cardiovascular Health
8.4 Bone Health
8.5 Immunity
8.6 Weight Management
9 Prebiotic Ingredients Market, By Bacterial Activity
9.1 Bifidobacteria
9.2 Lactic Acid Bacteria
9.3 Others
10 Prebiotic Ingredients Market, By Type
10.1 Introduction
10.2 Oligosaccharides
10.2.1 Mannan-Oligosaccharide (MOS)
10.2.2 Galacto-Oligosaccharide (GOS)
10.2.3 Fructo-Oligosaccharide (FOS)
10.3 Inulin
10.4 Polydextrose
10.5 Others
11 Prebiotic Ingredients Market, By Source
11.1 Introduction
11.2 Roots
11.3 Vegetables
11.4 Grains
11.5 Others
12 Prebiotics Ingredients Market, By Application
12.1 Introduction
12.2 Food & Beverages
12.3 Dietary Supplements
12.4 Animal Feed
13 Prebiotics Ingredients Market, By Region
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 UK
13.3.2 Germany
13.3.3 France
13.3.4 Italy
13.3.5 Rest of Europe
13.4 Asia Pacific
13.4.1 China
13.4.2 India
13.4.3 Japan
13.4.4 Rest of Asia Pacific
13.5 Rest of the World
13.5.1 South America
13.5.2 Africa
13.5.3 Middle East
14 Competitive Landscape
14.1 Overview
14.2 Market Share Analysis
14.2.1 Key Market Strategies
14.3 Expansions
14.4 Joint Ventures & Partnerships
14.5 New Product Launches
14.6 Acquisitions
15 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/pvr9lc/prebiotic?w=12