LONDON, Nov. 16, 2016 /PRNewswire/ -- "The prebiotic ingredients market projected to grow at a CAGR of 11.6%."The prebiotic ingredients market is projected to grow at a CAGR of 11.6% from 2017 and reach USD 6.91 billion by 2022. The demand for prebiotic ingredients is projected to be on the rise, owing to factors such as positive investigations for health benefits provided by prebiotic ingredients, thus creating a platform for newer applications of prebiotics and increase in health consciousness among consumers. Stringent international and national food safety standards are the major restraints for the prebiotic ingredients market.
"Dietary supplements application projected to be the fastest-growing in the prebiotic ingredients market globally"
In terms of value, the dietary supplements segment is projected to grow at the highest rate between 2017 and 2022, due to the growing importance of these ingredients in improvement of gut health, intestinal functions such as bulking and regularity, calcium absorption and improvement in bone density, enhancement of immune function, possible reduction of risk of obesity, and improvement in abdominal pain, bloating, and constipation, which act as drivers for the prebiotic ingredients market. Furthermore, a trend toward healthier diet choices by consumers has caused the food & beverage industry to fortify the food products with prebiotic ingredients such as inulin and oligosaccharides.
"Asia-Pacific estimated to be the fastest-growing region in the market."
The Asia-Pacific region is estimated is estimated to be the fastest-growing region, in terms of value, in the global prebiotic ingredients market, in 2017. This region comprises developing economies such as China, Japan, and India, which are the largest consumers of in the world. The increase in population and per capita income in India and China is expected to drive the demand from end-use segments such as food & beverages, dietary supplements, and animal feed. Europe accounted for the largest share in 2016, in the prebiotic ingredients market mainly due to the multifunctional nature of prebiotic ingredients industries in the region.
Break-up of primaries:
- By Company Type: Tier 1 – 50 %, Tier 2 – 20%, and Tier 3 – 30%- By Designation: C level – 28%, Director level – 22%, and Others – 50%- By Region: North America - 40%, Europe – 30%, Asia-Pacific – 21%, and RoW – 9%
The global market for prebiotic ingredients is dominated by large players such as BENEO GmbH (Germany), Cargill, Incorporated (U.S.), E.I. du Pont de Nemours and Company (U.S.), FrieslandCampina (Netherlands), Ingredion Incorporated (U.S.). Other market players in this segment include Samyang Genex (Korea), Nexira (France), Beghin Meiji (France), Royal Cosun (Netherlands), and Yakult Pharmaceutical Co. Ltd (Japan).
The prebiotic ingredients market has been segmented on the basis of type, source, application, and region. In terms of insights, this research report has focused on various levels of analyses—industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global prebiotic ingredients market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
- To get an overview of the global prebiotic ingredients market- To get an overview of the key players of the prebiotic ingredients industry and product portfolios and key strategies adopted by key players to attain the market presence- To gain insights of the major regions in which the prebiotic ingredients market is growing - To gain knowledge of the growth of various prebiotic ingredients
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