Europe Inulin Market Size Worth USD 1,494.64 Million By 2032 | CAGR: 7.1%

The europe inulin market size is expected to reach USD 1,494.64 Million by 2032, according to a new study by Polaris Market Research. The report “Europe Inulin Market Share, Size, Trends, Industry Analysis Report, By Source (Chicory, Agave, Jerusalem artichokes, Asparagus, Others); By Application; By Country; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The European region dominated the global inulin market in 2023 as the demand for natural and healthy food products increased. Inulin is commonly used as an ingredient in bakery items, beverages, dairy products, and dietary supplements. The European market for inulin is driven by growing consumer awareness of the health benefits of inulin, its versatility, and the trend of using clean labels on food products. The main driver of the European inulin market is consumers' increasing interest in healthy eating habits and natural ingredients.

However, the European inulin market faces certain challenges, such as the high production cost compared to other natural sweeteners like stevia or monk fruit. This cost disparity is discouraging some manufacturers from using inulin in their products, particularly in markets where price is a crucial factor.

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The growing emphasis on natural and sustainable ingredients significantly drives the European inulin market's growth. Consumers are increasingly seeking products made with natural and healthy ingredients, and inulin is a naturally occurring polysaccharide found in plants that perfectly fits this criterion. Inulin's popularity is also due to consumers' desire to avoid artificial additives and preservatives, which they consider unhealthy or harmful. Furthermore, the major players in the European inulin industry are looking to expand their business by exploring new markets and countries to broaden their customer base and reinforce their position in the inulin market.

Europe Inulin Market Report Highlights

• Chicory source of inulin has dominated the European market, serving as a key ingredient in various food and beverage products. Its high nutritional content and functional properties make it an attractive choice for manufacturers looking to produce healthy and tasty products.
• The European inulin market is projected to witness substantial growth in the Dietary Supplement applications segment during the forecast period. This growth is attributed to the rising health consciousness and increasing awareness about the advantages of natural ingredients. Consequently, the demand for dietary supplements containing inulin is on the rise.
• Germany is a leading market for inulin in Europe, primarily due to the high demand for natural sweeteners among its substantial and aging population. The demand for inulin is driven by its increasing use in various applications, including food and beverages, as well as dietary supplements.
• The key market players include BENEO, Cargill, Ciranda, COSUCRA, FENCHEM, Jarrow Formulas, Inc, Nova Green Inc., OQEMA Group, Sensus BV (Royal Cosun), Stanlab Sp. z o.o., The Ingredient House, The Tierra Group, etc.

Polaris Market Research has segmented the Europe inulin market report based on source, application, and country:

Europe Inulin, Source Outlook (Revenue - USD Million, 2019 - 2032)

• Chicory
• Agave
• Jerusalem artichokes
• Asparagus
• Others

Europe Inulin, Application Outlook (Revenue - USD Million, 2019 - 2032)

• Pharmaceutical
• Dietary Supplements
• Food and Beverages
• Others

Europe Inulin, Country Outlook (Revenue - USD Million, 2019 - 2032)

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Asia

Europe Inulin Market Report Scope