The Global Prebiotics Market size is expected to reach USD 12.79 Billion in 2030 and register a revenue CAGR of 11.3% over the forecast period, according to the latest report by Reports and Data. Increasing use of prebiotics in dairy industry owing to various health benefits and rising cultivation and harvesting of prebiotics natural herbs is driving prebiotics market revenue growth. Prebiotics are made up of good bacteria, which help the body fight off bad bacteria. It keeps the body healthy by controlling inflammation and supporting immune function. Prebiotics reduce the risk of gut infections and autoimmune disease, balance metabolism, help with weight loss, support bone health and boost mood. Prebiotics are found in food products such as yogurts, biscuits, cereals and bread and in natural foods such as garlic, leek, onion and wheat. Prebiotics are increasingly appealing to health-conscious people as they support the well-being of the human body.
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Prebiotics also offer numerous benefits for animal health, such as increasing yield of milk and eggs and improving the growth rate of animals. It minimizes the usage of drugs in animals. Also, the use of prebiotics in animal feed is becoming increasingly important, especially since the ban on antibiotic growth promoters in animal feed in the European countries, which is expected to boost demand for prebiotics for animal feeding application. Prebiotics help in the growth of good microbes and protects livestock from disease causing microbes. Increasing instances of digestive diseases such as acidosis, enteric diseases among livestock and rising growth of feed additives industry are driving revenue growth of prebiotics market.
Market Overview:
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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Some of the Leading Market Players Are Listed Below:
- Jarrow Formulas, Inc.,
- Cargill,
- Incorporated,
- Ingredion,
- BENEO,
- Yakult Honsha Co., Ltd.,
- The Kraft Heinz Company
- Others
Market Segmentation:
By Ingredients Outlook
- Inulin
- Fructo-Oligosaccharide (FOS)
- Galacto-Oligosaccharides (GOS)
- Mannan-Oligosaccharide (MOS)
- Monosaccharide
- Disaccharides
- Others
By Product Outlook
- Dietary Supplements
- Premixes
- Functional Beverages
- Dairy Food
- Others
By Source Outlook
- Roots and Grains
- Vegetables
- Fruits Trunk or Stem
- Others
By End-use Outlook
- Foods beverages
- Pharmaceutical
- Animal Feed
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Prebiotics market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Prebiotics market.
The global Prebiotics market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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