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Prebiotic Ingredients Market Poised to Bring in $5.4 Billion by 2020

Global Prebiotic Ingredients Market: Popular Trends And New Business Opportunities 2020

 

Deerfield Beach, FL -- (SBWIRE) -- 10/26/2017 -- According to the report, the global prebiotic ingredients market was valued at approximately USD 3.0 billion in 2014 and is expected to reach approximately USD 5.4 billion by 2020, growing at a CAGR of around 11% between 2015 and 2020. In terms of volume, global prebiotic ingredients market stood at 625 kilotons in 2014. Zion Market Research has published a new report titled "Prebiotic Ingredients (Inulins, Fructo-oligosaccharides (FOS), Mannan oligosaccharides (MOS), Galacto-oligosaccharides (GOS) and others) Market for Food and Beverages, Dietary Supplements and Animal Feed Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020".

The prebiotics are non-digestible fibers that act as food for probiotics. Prebiotics are dietary fibers that naturally occur in foods such as garlic, honey, artichokes, grains, onion, asparagus, banana, etc. Probiotics are live microorganisms found in bacteria, yeast or fungi, and when taken in large doses can help improve and maintain the health of your gastrointestinal tract. This friendly bacteria is essential for maintaining good health and vitality. Hence, intake of prebiotics is essential for the growth of probiotics. Some of the important prebiotic ingredients include inulins, fructo-oligosaccharides, mannan-oligosaccharides, galacto-oligosaccharides and others. Prebiotics are often called as nutrition boosters available as dietary supplements to provide nutrients.

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The report covers forecast and analysis for the prebiotic ingredients market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on both volumes (Kilo Tons) and revenue (USD Million). The study includes drivers and restraints for the prebiotic ingredients market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the prebiotic ingredients market on a global level.

In order to give the users of this report a comprehensive view on the prebiotics market, we have included a detailed competitive scenario, buying criteria and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the prebiotic ingredients market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness.

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On the basis of applications, the prebiotic ingredients market has been segmented as food and beverages, dietary supplements and animal feed. Food and beverages were the largest application segment of the market accounting for over two-thirds shares of total volume consumed in 2014. Animal feed probiotics accounted for the second largest market share in the global prebiotics market and it is expected to witness robust growth in the years to come. A dietary supplement is also one of the important application markets for prebiotics and expected to experience significant growth between 2015 and 2020.

By geography, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East of Africa. Europe dominated the prebiotic ingredients market with a share of over 40% in 2014, followed by Asia Pacific and North America. The demand for prebiotics ingredient in Europe is attributed to the rising concerns for gut health, growing demand for dairy products, etc. Asia Pacific was the second largest regional market owing to high demand from China, Japan, and India.

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The major participants operating in the global prebiotics market include GTC Nutrition, Sensus, Clasado Ltd., Abbott Laboratories, BENEO-Orafti SA, Bright Food (Group) Corporation Limited, Cargill Incorporated, Cosucra Group Warcoing SA, Kraft Foods Group Inc., Friesland Campina Domo, Jarrow Formulas, Inc., Parmalat S.p.A., Roquette Freres, Royal Cosun, Yakult Honsha Co., Beghin Meiji, Stonyfield Farm, Jarrow, Roquette America and Kraft Foods, Inc.