Prebiotics Market To Grow Due To The Rise In Nutritional Supplements

Prebiotics Industry Overview

 

The global prebiotics market size was valued at USD 6.05 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 14.9% from 2022 to 2030. The growing use of prebiotics in the dairy industry due to its health benefits is projected to augment the demand over the forecast period. In addition, growing technological advancements in developing inulin and oligosaccharides are likely to replace sugar that is anticipated to drive the market over the forecast period. High demand for supplements along with the changing consumer perception regarding the health benefits of fibers is expected to promote growth over the next seven years.

 

The growing occurrence of gastrointestinal tract diseases, such as constipation, Irritable Bowel Syndrome (IBS), Gastroesophageal Reflux Disease (GRD), and inflammatory bowel disease, have raised concerns regarding gut health, thereby projected to support the growth of the market over the estimated period. In addition, the rising cultivation and harvesting of prebiotic natural herbs are further projected to drive the market. The rising investment in research & development (R&D) by companies to develop new ingredients coupled with the growing acceptance among consumers to pay a premium price for food products that contain prebiotic ingredients has enabled manufacturers to drive the active health management programs.
This, in turn,will drive the market growth over the forecast period. Prebiotics have a wide variety of applications including texture enhancement and sweetening agents in the food and beverages industry. The growing concerns with respect to sugar diseases are expected to drive the product growth over the forecast period. In addition, the major prebiotic ingredients, such as inulin and Fructo-Oligosaccharide (FOS) have demand from products that require low-calorie sweetening taste, thus propelling the overall prebiotic sector growth over the forecast period.

 

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• The global hemp protein powder market size was estimated at USD 163.6 million in 2023 and is expected to grow at a CAGR of 15.7% from 2024 to 2030. The market is experiencing significant growth due to rising consumer awareness about the health benefits of plant-based diets.

• The global vegan omega-3 supplements market size was estimated at USD 1.62 billion in 2023 and is expected to grow at a CAGR of 9.2% from 2024 to 2030. With the growing trend toward veganism and plant-based diets, there is a rising demand for supplements that cater to these lifestyles. Vegan omega-3 supplements, sourced from algae, offer a sustainable and cruelty-free alternative to traditional fish oil supplements.

 

Prebiotics Market Segmentation

 

Grand View Research has segmented the global prebiotics market on the basis of ingredients, application, and region:

 

Prebiotics Ingredients Outlook (Volume, Kilotons, Revenue, USD Million, 2017 – 2030)

• Fructo-oligosaccharide (FOS)
• Inulin
• Galacto-oligosaccharides (GOS)
• Mannan-oligosaccharide (MOS)
• Others (Oligosaccharides, Chicory Fructans, HMO, XOS)

 

Prebiotics Application Outlook (Volume, Kilotons, Revenue, USD Million, 2017 – 2030)

• Prebiotic Food & Beverages
  • Dairy Products
  • Cereals
  • Baked Food
  • Fermented Meat Products
  • Dry Food Prebiotics
  • Others
• Prebiotic Dietary Supplements
  • Food Supplements
  • Nutritional Supplements
  • Specialty Nutrients
  • Infant Foods
• Animal Feed Prebiotics

 

Prebiotics Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2017 – 2030)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • U.K.
  • Germany
  • The Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • New Zealand
• Latin America
  • Brazil
• Middle East & Africa

 

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List of Key Players of Prebiotics Market

• 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.