Europe is Expected to Hold the Largest Market Share In the Global Inulin Market During The Forecast Period
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increasing demand for rum-based spirits and the popularity of scotch whisky is expected
to drive market expansion during the forecast period.
According to TechSci
Research report, “Inulin Market– Global Industry Size, Share, Trends,
Competition, Opportunity, and Forecast, 2017-2027F” The global inulin market is expected to
grow during the forecast period. Food fibers are called fructans, naturally
occurring polysaccharides including inulin, made by many plant species,. It is
primarily extracted from chicory for industrial use. The inulin market is
divided into three application groups: dietary supplements, pharmaceuticals,
and food and beverage (including bakery and confectionery, dairy products, meat
products, and other food and beverages).
The rise in consumer awareness regarding
low fat and calorie consumption is one of the key factors expected to drive the
inulin market's growth during the forecast period. Additionally, it is
anticipated that rising consumer interest in inulin and fructo-oligosaccharide
products will fuel the expansion of the inulin market. Furthermore, it is expected
that the increasing prevalence of diabetes is expected to drive the inulin
market's growth. However, the expansion of the inulin market during the
forecast period is predicted to be hampered by the increase in the cost of
research and development.
Growing domestic demand in China, India,
Indonesia, and Malaysia for dairy products is anticipated to be a significant
driver of market expansion. Prebiotic demand is anticipated to increase over
the forecast period as concerns about gut health grow due to an increase in
gastrointestinal tract diseases.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the " Global Inulin Market"
The inulin market is
segmented on the basis source, form, application, region, and competitive
landscape. Based on the source, the global inulin market is segmented into
agave, chicory and Jerusalem artichoke. Among these, the agave segment has the
largest share in the market during the forecast period because it has a
prebiotic effect on the body. Hence, agave inulin helps in the expansion of the
inulin market.
In terms of form, the global
inulin market is segmented into powder and liquid. Among these, the powder
segment holds the largest share in the market during the forecast period owing to
its increasing popularity, which is expected to drive the growth of the inulin
market.
On the basis of application,
the global inulin market is segmented into food and beverage, dietary
supplements, pharmaceuticals, meat products, and others. Among these, food and
beverage is expected to be the largest application segment over the forecast
period because functional ingredients are becoming increasingly important for
enhancing gut health and lowering blood sugar levels. Manufacturers should
focus on expanding production capacity in Australasia and the Middle East due
to the region's growing demand for dairy products such as cheese, yogurt, and
ice cream.
On the basis of region, the
market is segmented into North America, Europe, Asia-Pacific, Middle East &
Africa, and South America. Among these regions, Europe is expected to dominate the
market during the forecast period. One of the main factors contributing to
Europe's consistent growth rate is the existence of favorable regulatory
policies for the inclusion of functional ingredients, particularly in food and
beverage applications. However, the Asia Pacific inulin market is expected to
experience significant growth throughout the forecasted period owing to rising
infant food formula consumption and an aging population.
Key market players operating
in the inulin market include:
- Nutriagaves
Group
- Ingredion,
Incorporated
- Cargill,
Incorporated
- Archer
Daniels Midland Company
- BENEO
GmbH
- NOW
Health Group, Inc.
- Steviva
Brands, Inc.
- Naturel
West Corp EU, b.v.
- The
Green Labs, LLC.
- Intrinsic
Organics
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“Producers in the inulin market are
investing in research and development activities to produce inulin of the
highest quality. Manufacturers are also putting a lot of effort into product
development to ensure that their line of products keeps up with changing
consumer preferences and market trends. As more consumers are gravitating
toward organic and clean label ingredients, manufacturers in the inulin market
are concentrating on organic production. They are also forming a strategic
partnership with essential players in the same field to boost production
capacity and fortify market presence.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based global management consulting firm.
“Inulin
Market,
Global Industry Size, Share, Trends, Opportunity, and Forecast 2017-2027
Segmented By Source (Agave Insulin, Chicory Insulin, and Jerusalem
Artichoke), By Form (Powder and Liquid), By Application (Food and Beverage,
Dietary Supplements, Pharmaceuticals, Meat Products, Others), By Region, By
Company, has evaluated the future growth potential of inulin market globally and provides statistics and information on market structure, size, share,
and future growth. The report provides cutting-edge market intelligence and helps
decision-makers to make sound investment decisions. Besides, the report also
identifies the emerging trends along with essential drivers, challenges, and
opportunities present in the market of the inulin market globally.
Contact
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