The global prebiotics market was surpassed at USD 6.1 billion in 2021 and is expected to hit around USD 21.4 billion by 2030, growing at a CAGR of 14.96% from 2022 to 2030.
The growing demand for fiber-rich food products is expected to drive the market. Rising investments in the food & beverage industry for innovation and development of new food products enriched with prebiotics coupled with the rising demand in dietary supplements application, particularly in infant foods are expected to propel market growth over the forecast period. In addition, the rising use of prebiotics in animal feed is expected to drive the demand. High emphasis on improving overall health is also expected to fuel product demand over the forecast period.
The emergence of prebiotics as an alternative to antibiotics is expected to fuel demand in animal feed applications. Increasing dairy production is expected to have a positive impact on the market over the estimated period. The demand for prebiotics is also influenced by the rising consumer inclination toward slimming food products and supplements, especially among sports enthusiasts. These products help athletes restore energy, improve muscular endurance, and minimize body wear & tear. Growing consumer interest in weight management, especially in working professionals, owing to the increasing concerns regarding obesity is expected to amplify the utilization of prebiotics over the next few years.
North America accounted for a significant market share in 2021 and will expand further at a steady CAGR due to the rising focus on preventive healthcare and demand for prebiotics-enriched foods. The growing innovation in the field of prebiotic-rich protein/fiber supplements is also expected to propel the segment growth over the forecast period. The global industry was highly fragmented on account of the presence of numerous players. Key companies have a global reach owing to their large number of manufacturing facilities and sales offices spread across the major continents.
Scope of The Report
|Market Size in 2021||USD 6.1 billion|
|Revenue Forecast by 2030||USD 21.4 billion|
|Growth rate from 2022 to 2030||CAGR of 14.96%|
|Forecast Period||2022 to 2030|
|Segmentation||Ingredients, application, region
|Companies Covered||Abbott Laboratories; BENEO GmbH; Bright Food (Group) Corp. Ltd.; Cargill Inc.; Kraft Foods Group, Inc.; Cosucra Groupe Warcoing SA; The Kraft Heinz Company; FrieslandCampina; Jarrow Formulas, Inc.; Parmalat S.p.A; Roquette Frères; Royal Cosun; Yakult Honsha Co., Ltd.|
On the basis of ingredients, the global market has been further categorized into FOS, Inulin, Galacto-oligosaccharides (GOS), Mannan-oligosaccharide (MOS), and others (Oligosaccharides, chicory fructans, HMO, XOS). The inulin ingredients segment dominated the global market in 2021 and accounted for the maximum share of more than 37.09% of the overall revenue. The rising demand for inulin in drinks and baked goods is expected to play a major role in driving the segment growth over the forecast period. Global product demand for GOS is estimated to grow at a significant CAGR from 2022 to 2030.
The rising demand in the manufacturing of synbiotics and growing applications in infant foods are expected to propel the demand over the next eight years. The growing application of FOSin dietary fibers and its ability to prevent gastrointestinal diseases is expected to boost the market demand over the forecast period. Moreover, increased use of FOS in the treatment of bacterial infections in long-term care facilities and hospital wards will drive the segment growth. The demand for MOS ingredients is also rising due to the growing demand for prebiotics in animal feeds. However, the shortage of MOS ingredients and the increased cost of raw materials are expected to restrain the segment growth.
On the basis of applications, the global market has been further segmented into food & beverages, dietary supplements, and animal feed. The food & beverage application segment dominated the market in 2021 and accounted for the largest share of more than 82.00% of the global volume. The global prebiotic demand for animal feed was also high in 2021 and will increase further due to the growing importance of animal proteins and fortification of animal feed with bacteria that improve the gut health of animals. The dietary supplements segment is estimated to register the fastest CAGR, in terms of volume, during the forecast period.
The rising consumer awareness about the consumption of protein for sustaining ideal nutritional levels and retaining muscle mass is expected to boost the market demand for these products. Moreover, rising awareness concerning protein benefits and maintaining an active & healthy lifestyleis expected to play a crucial role in promoting the usage of dietary supplement products. The aging population and the growing concerns regarding gut health are the major driving forces boosting the product demand in various applications. The rising consumer spending on products that improve the health of the intestines is expected to boost the demand over the forecast period.
The Asia Pacific regional market is anticipated to register the fastest CAGR of 15.47% from 2022 to 2030. The product demand is driven by countries, such as Japan, China, and India, which have a high populations coupled with thegrowing food & beverage industries. In addition, the high consumption of dairy products in Asian countries is supporting the growth of the regional market. According to an Economic survey, India’s milk production was 198.4 million tonnes in 2019-20, which has increased by 5.78% compared to 2018-19. According to the National Dairy Development Board (NDDB), the demand in India is projected to reach 266.6 million metric tonnes for dairy products by 2030.
According to a report by the China International Import Expo, the average daily dairy intake volume of Chinese was 237 milliliters in 2019 and the number has reached 260 milliliters in 2020 due to the COVID-19 pandemic, which has significantly changed Chinese consumers’ lifestyle and dietary intake habits. The dairy intake rates are steadily increasing in the country according to the same source. The market in Australia is driven by the demand for food-based drug substitutes to combat lifestyle-related diseases. Their role in controlling obesity and gut-related diseases is expected to boost the demand in this country.
The growing usage of dairy products is also expected to boost the market growth in this country. Moreover, growing consumer awareness and aging demographics in the country will further support the market development. Australia’s dairy industry is also maturing and adapting to changes in the global market, which is expected to boost the product demand. The Europe region dominated the global market in 2021. Product diversification and its growing importance in the food and beverage industry are expected to drive the regional market. North America is expected to witness a steady growth rate from 2022 to 2030.
Increased disease occurrence including BSE, PEDv, and swine flu in the U.S. has resulted in the increased importance of animal feed ingredients for ensuring good quality feed among manufacturers. Increasing consumer disposable income levels in countries like Brazil and Argentina,are expected to boost dietary supplement consumption and fuel prebiotics demand over the forecast period. Rising domestic demand for meat in major countries, such as Brazil, Argentina, and Chile, is expected to play an important role in augmenting market growth.
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