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Prebiotics Market Latest Trends 2019 | Industry Revenue Analysis by 2024

Author : Rahul Sankrityayan | Published Date : 2019-06-18 

Global Market Insights, Inc. has announced the launch of Prebiotics Market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

The importance of prebiotics that act as a type of fertilizer to the beneficial bacteria already present in the gut has been doubly stressed upon, which has indeed also had a major impact on the popularity of prebiotics industry. Prebiotics are naturally present in foods like leeks, onions, garlic, bananas, wheat grain, yogurt and biscuits. However, prebiotics are being added to an expanding array of food products that can be as varied as puddings to frozen chicken, owing to which prebiotics market has been gaining increased momentum since the last few years.

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With potentially growing interest in the improvement of digestive health through supplements, prebiotics market size has indeed observed a striking ascent in the last few years. Vital foods that have long since been a natural source for prebiotics, have now witnessed a decline in consumption, plausibly on account of the changing lifestyle habits.

Supporting regulatory guidelines set forth by EU and FDA pertaining towards ban of using antibiotics growth promoters (AGPs) in feed & food ingredients should drive prebiotics market growth. Antibiotics leave trace behind and create resistance in human and livestock which makes the disease untreatable. Prebiotics do not cause such complication and are used as a nutritional supplement for optimal human and livestock growth.

Prebiotics market size from dietary supplements applications should surpass USD 750 million by 2024. Increasing consumer awareness towards weight loss and calorie reduction in China, India, Japan and Australia should drive product demand over the forecast timeframe. Excessive consumption of alcohol, junk food and smoking habit has led to rising incidences of obesity, diabetes and cardiac arrest, thereby leading to increasing nutraceutical demand.

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Fructooligosacccharides (FOS) prebiotics market size should witness gains at over 9%. FOS are non-digestible fibers which plays a significant role for promoting probiotic bacteria growth in gastrointestinal tract. They are helpful in treating high cholesterol levels, constipation and diarrhea.

Lactose, acacia gums, starch and chicory roots are key raw materials used in the production process. France, Belgium and Netherlands are major exporting countries and supply base for chicory roots and acacia gums. Fluctuation in availability of raw materials can affect prebiotics market price trend.

Prebiotics Market, By Ingredients

  • Mannan-Oligosaccharide (GOS)
  • Inulin
  • Fructo-Oligosaccharide (FOS)
  • Galacto-oligosaccharides (GOS)
  • Others

Europe led by, UK, France and Germany prebiotics market size, is anticipated to witness over 9% gains. Increasing packaged food consumption owing to busy work life schedule is likely to boost regional industry growth. European consumers are willing to pay premium prices for products & programs which involve preventive health management. Increasing consumer awareness for gut health for infants & adults along with growing concern towards diseases which include diarrhea and diabetes should contribute towards product demand in the region.

Prebiotics market size from dairy product applications should witness gains at over 9%. Inulin is majorly used in dairy products as it replaces fats & sugar and enhances texture & taste of low calorie based products. Key benefits include fiber enrichment, mouthfeel enhancement and growth in calcium absorption. Rise in dairy products consumption which includes yogurts and frozen desserts will boost product demand. 

Global prebiotics market share is competitive and moderately fragmented with the presence of some presence of some industry participants which include Cargill, Friesland Campina, Abbott Laboratories and Yakult Honsha.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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