The global prebiotics market is
expected to reach USD 7.11 billion by 2024, according to a new report by Grand
View Research, Inc. Growing demand for fiber rich food products is expected to
drive the market.
Rising investment in the food
& beverage industry for innovation and development of new food products
enriched with prebiotics coupled with rising demand in dietary supplements
application particularly in infant foods is expected to propel market growth
over the forecast period. In addition, rising use of prebiotics in animal feed
is expected to drive the demand. Growing emphasis on improving overall health
is also expected to fuel product demand over the next eight years.
Emergence of prebiotics as an
alternate to antibiotics is expected to fuel demand in animal feed
applications. Increasing dairy production is expected to have a positive impact
on market over the next eight years.
North America prebiotics market volume, by application,
2013 - 2024 (Kilo Tons)
Browse full research report on Prebiotics Market: http://www.grandviewresearch.com/industry-analysis/prebiotics-market
Further key findings from
the report suggest:
- Inulin
accounted for over 40.0% of the global prebiotics market in 2015 in terms
of revenue. Rising health benefits coupled with easier availability from
natural sources including banana, garlic is expected to drive the market
demand. Inulin is also widely used to treat diabetes owing to its
increased antioxidant activity thus propelling demand.
- Galacto-oligosaccharides
(GOS) accounted for a significant share owing to growing use in dietary
supplements. GOS have several health benefits including improving bone
mineralization by improving calcium absorption, preventing colon cancer,
stimulating bifidobacteria growth and substituting human milk
oligosaccharides. These health benefits are expected to drive the market
demand.
- North America
demand for prebiotics was valued over USD 280.0 million in 2015. Rising
demand for prebiotics enriched food products among consumers in the region
to improve their digestive health is expected to drive the market demand.
Prebiotic dietary supplements are expected to witness significant growth
owing to rising focus on preventive healthcare.
- Dietary
supplements application is expected to grow at a fastest CAGR on account
of increasing consumption in Europe and North America owing to rising
health consciousness among consumers and growing importance of prebiotics
in weight management in the region. Growing innovation in the field of
prebiotic rich protein/fiber supplements is expected to propel growth over
the forecast period.
- Global
prebiotics industry was highly fragmented on account of presence of
numerous players. FrieslandCampina Domo, Paramus, NJ, was a key market
player in 2015. The company product portfolio includes functional peptides
and hydrolysates, bioactive proteins and galacto-oligosaccharides for use
in nutraceutical products. Friesland markets its prebiotics under the
brand name, Vivinal GOS intended for fruit juices and milk products.
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-prebiotics-market
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
No comments:
Post a Comment