Prebiotic Ingredient Market (By Type: Inulin, Oligosaccharide (MOS/GOS/FOS); By Application: Food & Beverage, Dietary Supplements) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.

Published Date : Jun 2022 | No. of Pages : 150+ Pages | Category : Food and Beverages

The global prebiotic ingredient market size was estimated at around USD 6.8 billion in 2021 and it is projected to hit around USD 13.8 billion by 2030, growing at a CAGR of 8.18% from 2022 to 2030.

The market is estimated to show significant growth during the forecast period, owing to the increasing consumption of the dairy products, the rising middle-class population, and the rising number of buyers of healthy food products. Moreover, growing awareness of health benefits among millennials and the preference of consumers toward prebiotic ingredients, are major factors that drive the market growth during the forecast period.

Consumer preference for the prebiotic ingredient is increasing due to rising health consciousness among people. Additionally surge in disposable income, an increase in health expenditure, and improvement in the living standard are also responsible for the market growth. Increasing investment in R&D by various players to develop new ingredients coupled with increasing demand for food products that contain prebiotic ingredients is likely to drive market growth during the forecast period. Also, age group and income level plays important role in determining the purchase of prebiotic ingredient. Moreover, rising technological advancements in developing oligosaccharides and inulin are likely to drive market growth during the assessment period.

Inulin contributed to the highest share of over 40.0% in the global market revenue in 2021 owing to its increasing demand for baked goods and drinks. Also increasing application of inulin in infant food is projected to propel segment growth during the assessment period. Increasing the application of inulin in various health products is likely to favor segment growth. Moreover, the increasing importance of low caloric sugar consumption in the food & beverages industry is also estimated to drive the industry demand.

The dietary supplements segment is estimated to register the fastest growth with a CAGR of 11.6% from 2022 to 2028. Rising consumer awareness regarding personal health is the major factor driving segment growth during the forecast period. Also, increasing the working population globally and changing lifestyles toward healthiness is responsible for the growth of this segment. R&D is an important success driver for dietary supplements.

North America made the largest contribution to the global market with over 50% share in 2021 due to the high demand for prebiotic ingredients in the U.S., and Canada. Also, the increasing purchasing power of the consumers in this region drives the market growth. North America presents striking opportunities for the consumer goods sector, the market is projected to show growth. Asia Pacific is expected to witness a CAGR of 11.5% from 2022 to 2028. It is estimated to witness growth due to the increasing demand for prebiotic ingredients in this region.

Scope of The Report

Report Coverage Details
Market Size in 2021 USD 6.8 billion
Revenue Forecast by 2030 USD 13.8 billion 
Growth rate from 2022 to 2030 CAGR of 8.18%
Base Year 2021
Forecast Period 2022 to 2030
Segmentation Type, application, region
Companies Covered Beneo-Orafti SA; Tereos Group; Ingredion Inc.; Cargill Inc.; DowDuPont Inc; Royal FrieslandCampina N.V.; Kerry Group; Cosucra-groupe Warcoing SA; Sensus BV

 

Type Insights

Inulin contributed to the highest share of over 40% in the global market revenue in 2021 owing to its increasing demand for baked goods and drinks. Also increasing application of inulin in infant food is projected to propel segment growth over the assessment period. Increasing the application of inulin in various health products is likely to favor segment growth. Moreover, the increasing importance of low caloric sugar consumption in the food & beverages industry is also estimated to drive the demand.

Oligosaccharide is expected to register the highest growth of a CAGR of 11.0% during the forecast period due to increasing demand. Rising demand for confectionery products, increasing disposable incomes, and changing lifestyles are other factors driving the growth of this segment. Technological advancement and increasing demand for oligosaccharides in the beverage industry are other driving factors for the growth of this segment.

Applications Insights

The food & beverage segment contributed to the highest share of more than 80% in the global prebiotic ingredient market revenue in 2021 owing to its increasing sales. Lifestyle changes, changing consumer food habits, and increasing demand for beverages are factors driving the growth of this segment. Also, the rising demand for special foods such as lactose-free foods is revving up the growth of this segment.

The dietary supplements segment is estimated to register the fastest growth with a CAGR of 11.6% from 2022 to 2028. Rising consumer awareness regarding personal health is the major factor driving segment growth during the forecast period. Also, due to increasing working population globally and changing lifestyles toward healthiness are further responsible for the growth of this segment. R&D is an important success driver for dietary supplements.

Regional Insights

North America made the largest contribution to the market with over 50% share in 2021 due to the high demand for prebiotic ingredients in the U.S., and Canada. Also, the increasing purchasing power of the consumers in this region drives market growth. North America presents striking opportunities for the consumer goods sector, the market is projected to show growth. Also, due to rising import demand, the market is estimated to show growth during the forecast period.

Asia Pacific is expected to witness a CAGR of 11.5% from 2022 to 2028. It is estimated to witness growth due to the increasing demand for prebiotic ingredients in this region. An increase in disposable income in countries like China, India, and others is also driving the segment growth in this region. In addition, increasing demand for dairy products due to the high population is also responsible for market growth during the forecast period.

Key Players

  • Beneo-Orafti SA
  • Tereos Group
  • Ingredion Inc.
  • Cargill Inc.
  • DowDuPont Inc
  • Royal FrieslandCampina N.V.
  • Kerry Group
  • Cosucra-groupe Warcoing SA
  • Sensus BV

Market Segmentation

  • By Type Outlook 
    • Inulin
    • Oligosaccharide (MOS/GOS/FOS)
    • Others
  • By Applications Outlook 
    • Food & Beverage
    • Dietary Supplements
    • Others
  • By Regional Outlook
    • North America
      • U.S.
    • Europe
      • Germany
      • U.K.
      • France
    • Asia Pacific
      • China
      • Japan
    • Central & South America
      • Brazil
    • Middle East & Africa
      • South Africa

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