Rise in demand for prebiotics in dietary supplements
The global prebiotics ingredients market size was valued at $7,198.9 million in 2020, and is projected to reach $14,313.3 million by 2031, registering a CAGR of 6.3%from 2022 to 2031. Prebiotics are carbohydrates that are non-digestible by digestive enzymes and acids, which enhance the growth or activity of beneficial bacteria in human gut. People are inclining toward more health-conscious eating habits. The factors that drive the growth of the prebiotics ingredients industry are increase in consumer awareness related to health benefits of prebiotics;
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The key players profiled in the report include Beneo GmbH, Cargill Incorporated, E. I. Du Pont De Nemours and Company, FrieslandCampina, Ingredion Incorporated, Samyang Genex, Nexira, Beghin Meiji, Royal Cosun, and Yakult Pharmaceutical Industry Co., Ltd. These market players are constantly involved in various strategies to exploit the prevailing prebiotics ingredients market opportunities.
Key Findings of Study:
By ingredient, the inulin segment dominated the global market in 2020, and is expected to reach $6,799.2 million by 2031.
Based on application, the dietary supplements segment is expected to grow at a faster rate during the forecast period.
By source, the cereals segment accounted for 38.8% of the total market share in 2020.
By region, Asia-Pacific is projected to witness the highest growth, registering a CAGR of 6.9% during the forecast period.
Japan accounted for 18.1% of the market share in the global market in 2020.
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