Global Prebiotics Market

Prebiotics Market: Insights

The global prebiotics market is on the rise owing to possessing several health benefits over conventional food items and agricultural products. With the increase in the demand for animal protein and dairy products, it is becoming extremely important to keep the pathogens away from animals’ health and to prohibit them from entering the food chain. Prebiotics are widely used for treating animals with their daily feed. This is why the demand for prebiotics is expected to grow rapidly during the forecast period.On the other hand, the rising activities in the research and development sectors, all over the world, especially in the North American and European countries will help propel the market growth. These research works havehelped the market enter a wide range of application areas including the healthcare sector.

Besides, with the increasing demand and need for processed food items, the manufacturers and companies are concentrating more on adding the food value to keep up the competition using technologies that involve the consumption of prebiotics. Hence, the emerging food and beverage industries,across the globe,are expected to grow faster in the prebiotics marketas the demand is expected to be growing simultaneously.

Prebiotics Market: By Ingredients

According to the ingredients used in prebiotics, the market can be segmented into four main parts,FOS, inulin,GOS, and MOS. Out of all these, the segment of inulin is expected to be dominating the market as it will be achieving the largest portion of the revenue during the forecast period. Inulin is generally found in plants and works as an excellent dietary fiber. It helps controlling diabetes, obesityand improves digestion in the human body. It is widely used in the processed food and beverages. And with the increasing emergence of thisindustry,across developed and developing nations,the market for prebiotics is ought to be growing rapidly.

However, on the other hand, the FOS segment is expected to be the fastest-growing segment by achieving the largest CAGR between 2021 to 2026. It is a complex prebiotic element that acts to keep the good bacteria alive in the intestine of the human body. It acts as atreatment option for controlling high cholesterol levels, constipation, as well as traveler’sdiarrhea. As FOS has wide application in the field ofcardiovascular and gastrointestinal diseases,the FOS segment will be growing rapidly in the market. Theyare also useful to treatpatients who are suffering from long-term bacterial infections.

Prebiotics Market: By Application

According to the applications, the prebiotic market can be segmented into several segments such as food and beverages, animal feed, dietary supplements. However, among all these, the segment of the food and beverage is expected to be dominating the market by achieving the largest portion of the revenue during the forecast period. As the demand for processed food and beverages is growing rapidly all over the world, prebiotics are being used widely in the production process. The rising trend and awareness about consuming healthier food arepropelling the food and beverage industries to produce healthier products, which is leading the prebiotics market to grow rapidly. However, on the other hand, the animal feed segment will be growing the fastest. Prebiotics are widely used to produce animal feed depending as this helpsto maintain the gut health of the animals. And as a direct result, it prevents the pathogens to attack the animals which end up getting entered into the food chain. Hence the market will grow the fastest for this segment.

Apart from that, the segment of dietary supplements is also expected to grow at a significant rate. With the increasing awareness about the consumption of external protein substances to be healthier and stronger, many athletes prefer to consume dietary supplements and prebiotics. This rising demand is directly proportional to the rising interest inthe prebiotics market.

Prebiotics Market: By Region

As per the geographical analysis, the market can be classified into North America (the United States, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa (Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa) and Central South America (Brazil, Argentina, and Rest of Central and South America). The North American region will be the largest market owing to the presence of top manufacturers in countries like the US, Canada, and Mexico.

With the high standard of living and the awareness about consuming more plant-based, organic, and vegan supplements and prebiotics,the North American region is expected to dominate the market. Also,with the maturity in the dairy and animal industry in this region,the prebiotics market will be growing rapidly from 2021 to 2026.

However, the Asia Pacific region will be the fastest-growing owing to rapidly increasing demand from the food and beverage sector and the high prevalence of lifestyle disorders. Moreover, with the emergence of food and beverage production companies, the demand for prebiotics is bound to grow at a significant rate. The rising interest of the cosmetic industry to use prebiotics for accelerating their marketing strategies for aging products will help the Asian market grow the fastest.Established animal husbandry domain in the Asian region will help the prebiotics market to grow the fastest as compared to other regions such as Europe, North America, Central & South America, and Middle East & Africa.

Prebiotics Market Share and Competitor Analysis

Cargill, Inc., Beneo GmbH, Friesland Campina, Abbott Laboratories, Yakult Pharmaceutical Industry Co., Ltd., Inc., Dupont, Jarrow Formulas SOLACTIS Group, are some of the most significant players in the prebiotics market.

Please note: This is not an exhaustive list of companies profiled in the report.