Global Prebiotics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Prebiotics Market Overview
"The Prebiotics Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
Prebiotics are food ingredients that induce growth or activity of beneficial microorganisms, which are selectively utilized in the gut to increase healthy bacteria. They also promote growth of beneficial bacteria (lactobacilli and bifidobacteria) and aid digestion and enhance the production of valuable vitamins. A prebiotic is a non-digestible food ingredient that beneficially affects the consumer by stimulating growth and activity selectively.
Increasing demand for prebiotics in food & beverages industry especially in dairy products, and for treatment of gastrointestinal diseases, owing to its various health benefits are key factors driving growth of the prebiotics market. Technological innovations, development of new products, increasing health awareness among consumers to improve life quality, coupled with increasing disposable incomes in developed and developing countries are other major factors expected to contribute growth of the global prebiotics market over the forecast period.
Increasing adoption of prebiotics ingredients in dietary fibers, owing to its low-calorie sweetening taste and reduction of low-density lipoprotein (LDL) in the body is expected to boost growth of the market. Moreover, rising demand for prebiotics in animal feed to promote production of animals, and in infant formula to alter the gastrointestinal (GI) microbiota resembling that of breastfed infants are other important factors expected to support growth of this market.
However, excessive dosage of prebiotics leads to several side effects such as abdominal pain, diarrhea, and increase in gastroesophageal reflux, a major factor restraining growth of the global prebiotics market. Fluctuating raw materials prices is another factor expected to hamper growth of this market over the forecast period.
The market in Europe is expected to dominate global prebiotics market and account for the highest share in terms of revenue, owing to high demand for prebiotics in food & beverages industry and presence of several domestic and international market players in countries in the region. The market in North America is expected to account for second-highest revenue, owing to increasing prevalence of gastrointestinal diseases, and high demand for animal feed in countries in the region. The market in North America is followed by Asia Pacific, Latin America, and Middle East & Africa.
Global prebiotics market segmentation:
Segmentation by product:
- FOS (fructo-oligosaccharide)
- MOS (mannan-oligosaccharide)
- GOS (galacto-oligosaccharides)
Segmentation by application:
- Food & Beverages
- Dietary Supplements
- Animal Feed
- Infant Formula
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Cargill Inc.
- Kraft Foods Group, Inc.
- Abbott Laboratories
- Beneo GmbH
- Bright Food (Group) Corporation Limited
- Beneo-Orafti SA
- Cosucra Groupe Warcoing SA
- GTC Nutrition LLC
- Clasado Ltd.
- Solvay Pharmaceuticals SA
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