Prebiotics Market Analysis, Key Growth Drivers, Challenges, Leading Key Players Review, Demand and Upcoming Trend by Forecast to 2023


Posted April 9, 2019 by chitradeo00777

Prebiotic products are used in medicines, which reduce stress, improve sleep, increase memory, infant learning skills, lower asthma, and reduce fat. These factors are supporting the growth of the prebiotic market.

 
Market Scenario:

The global prebiotic market is expected to grow at a substantial CAGR throughout the forecast period. Prebiotics are fibers that aid in digestion and relieve constipation and diarrhea. It promotes the absorption of certain nutrients, such as calcium and magnesium, essential for bone health. Prebiotic products are used in medicines, which reduce stress, improve sleep, increase memory, infant learning skills, lower asthma, and reduce fat. These factors are supporting the growth of the prebiotic market.

Prebiotic is defined as a non-digestible food ingredient that promotes the growth of microorganisms in the large intestine. Prebiotic is found in chicory roots, banana, tomato, grains, and other food products. It helps in maintaining health and wellness, particularly digestive health, and is the major market growth driver.Increasing demand for dietary supplements and animal feeds has further accelerated the market growth. High capital investments and high cost of raw materials are hindering the growth of the market. The market is also challenged by strict regulations for registration and labeling of new ingredients.

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Leading Key Players:

Some of the key players profiled in the global prebiotic market are GTC Nutrition (US), Danisco (Denmark), Clasado Ltd. (England), Beneo (Germany), Biospringer (France), Lesaffre (France), Parmalat S.p.A. (Italy), and Angel Yeast (China),among others.

Segments:

Prebiotics market is segmented by source, fruits, comprising chicory root, vegetables, nuts, oilseeds, and grains. Among all the sub-segments, vegetable source accounts for the maximum market proportion in the global prebiotics market, followed by roots.

By delivery format, the prebiotics market is segmented into capsules, powders, chewable, liquids, and tablets. The tablets and capsules segment is anticipated to dominate the market over the estimated period, followed by liquids and chewable as tablets and capsules are used to increase the good bacteria in the gut for the well-being of the patients.

Based on application, the prebiotic market is segmented into dietary fiber supplement, confectionery, infant formula, dairy products, breakfast cereals, and others. However, the dietary fiber supplement segment is dominating the market, followed by confectionery. However, the high inclination of consumers towards dietary fiber supplement is expected to show favorable growth over the forecast period.

Intended Audience

Traders, Importers, and Exporters
Research Institutes and Organizations
Prebiotics Manufacturers/Dealers
Processed Food Manufacturers
Regulatory Bodies


Regional Analysis:

The global prebiotics market is segmented into Europe, North America, Asia-Pacific, and Rest of the World (RoW). In terms of value, the market size of North America will continue to dominate the market followed by Europe. Continuous innovation is one of the major factors for the market growth in North America, along with the introduction of a wide variety of prebiotic products. The growing per capita disposable income, followed by increasing health consciousness and trending healthy snacking habits, is driving the growth of this market in Asia-Pacific.

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Last Updated April 9, 2019