Prebiotic Ingredient Market Size worth $20.74 Billion By 2032 | CAGR: 11.1%

The global prebiotic ingredients market size is expected to reach USD 20.74 billion by 2032, according to a new study by Polaris Market Research. The report “Prebiotic Ingredients Market Share, Size, Trends, Industry Analysis Report, By Type; By Application (Animal Feed, Dietary Supplements, Infant Formula, Functional Food & Beverages, Pharmaceutical, Others; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Consumption of prebiotic ingredients has grown due to the expanding population, changing consumer lifestyles, and rising consumer demand for healthy and nutritious goods. The prevalence of lifestyle illnesses, increasing disposable income, and changing dietary patterns contribute to expanding the industry.

During the COVID-19 pandemic, there was an upsurge in demand for prebiotic ingredients-based functional foods. The sale of nutritional supplements has also grown due to increasing nutrition knowledge, public campaigns to combat viral transmission and preventative healthcare measures.

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The inulin-type segment is expected to dominate the industry over the forecast period. Inulin assists in increasing the growth of helpful bacteria in the colon, relieving intestinal problems, and boosting the immune system. It also slows digestion, enabling a slow release of sugar to promote healthy blood sugar levels.

The different applications of prebiotic ingredients include dietary supplements, animal feed, infant formula, pharmaceuticals, functional food & beverages, and others. The functional food & beverages segment held a significant share in the global industry in 2021. However, the dietary supplements segment is expected to grow significantly during the forecast period. Increasing consumer concerns regarding healthy living and wellness have encouraged consumers to turn toward nutritional supplements.

Market players are increasingly introducing dietary supplements to cater to the growing consumer demands. The ever-increasing geriatric population, increasing cases of age-related health conditions, and growing awareness regarding increased immunity and overall wellness during the pandemic are expected to drive the market.

Major industry participants include BENEO, Beghin Meiji, Cargill, Cosucra, DuPont, Fonterra Group Cookies Statemen, FrieslandCampina, Fonterra Ltd, Ingredion, Jarrow Formulas, Inc., Kerry PLC, Nexira SAS, Roquette Frères, Royal Cosun, Sensus America, Inc., Tate & Lyle PLC, Tereos Group, and Yakult.

Polaris market research has segmented the prebiotic ingredients market report based on type, application, and region:

Prebiotic Ingredients, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Galacto-oligosaccharide (GOS)
• Inulin
• Fructo-oligosaccharide (FOS)
• Mannan-oligosaccharide (MOS)
• Others

Prebiotic Ingredients, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Animal Feed
• Dietary Supplements
• Infant Formula
• Functional Food & Beverages
• Pharmaceutical
• Others

Prebiotic Ingredients, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Netherlands
  • Russia
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
• Latin America
  • Mexico
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Prebiotic Ingredients Market Report Scope