News-Global Prebiotics Market Outlook 2021
Global Prebiotics Market size was valued at $ 2208.91 million in 2021 and is expected to grow at a CAGR of 5-6% by 2027, reaching $ 3078.80 million in 2027, – Bossonresearch.com
Prebiotics are a group of nutrients that are degraded by gut microbiota. Their relationship with human overall health has been an area of increasing interest in recent years. They can feed the intestinal microbiota, and their degradation products are short-chain fatty acids that are released into blood circulation, consequently, affecting not only the gastrointestinal tracts but also other distant organs. Fructo-oligosaccharides and galacto-oligosaccharides are the two important groups of prebiotics with beneficial effects on human health.
Prebiotics has a wide variety of applications including the texture enhancement and sweetens taste without any sugar content in food and beverages industry.
According to Bosson Research, the Global Prebiotics Market size was valued at $ 2208.91 million in 2021 and is expected to grow at a CAGR of 5-6% by 2027, reaching $ 3078.80 million in 2027. Rising consumer awareness towards the consumption of protein for sustaining ideal nutritional levels and retaining the muscle mass is expected to boost the market demand of these products. Moreover, active and healthy lifestyle coupled with rising awareness concerning protein benefits is expected to play a crucial role in promoting the usage of dietary supplement products
The aging population and the growing concerns regarding gut health are the major driving forces for the demand of the product in various applications. The rising consumer spending on products that improve the health of intestines in expected to boost the demand of the market over the forecast period.
Figure Global Prebiotics Market Size (M USD)
Source: Bosson Research, 2021
Competitive Landscape
Prebiotics industry is fragmented with large number of companies involved in the extraction and processing of prebiotics from raw materials. Some of the major manufacturers include Cargill Inc., Kraft Foods Group, Inc., Abbott Laboratories, Beneo GmbH and Bright Food (Group) Corporation Limited. Companies are focusing on setting up R&D with technological rise in extracting and refining the raw materials coupled with adoption of new food manufacturing technologies.
The companies are increasing strategic expansions, mergers & acquisitions and new product development activities in the area of introducing innovative food & beverage products that provide weight loss, calorie reduction, and fat control techniques this is expected to augment the demand for prebiotic ingredients. Huge production base and industry presence of starch manufacturers such as ADM, Cargill Foods and Beneo in North America and Europe are expected to cater to the growing domestic prebiotics demand.
Some of the companies that are profiled in this report are:
Kuraray
Beneo
TATE & LYLE
FrieslandCampina
Meiji
Danisco (DuPont)
Hayashibara
Sensus
Matsutani
Yakult
Cosucra
Ingredion
Roquette
Nisshoku
Nissin Sugar
CJ CheilJedang
Longlive
Bailong chuangyuan
Baolingbao Biologgy
Quantum Hi-Tech
Tailijie
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