Global Inulin and Fructooligosaccharide Market – Industry Trends and Forecast to 2030

Global Inulin and Fructooligosaccharide Market, By Source (Agave, Chicory, Jerusalem Artichoke, Others), Form (Powder, Liquid), Nature (Organic, Conventional), Type (Fructo-oligosaccharide, Inulin), End User (Clinical Nutrition, Dietary Supplements, Functional Food & Beverages, Dairy Products, Infant Formula, Breakfast Cereals & Cereal Bars, Meat Product, Animal Nutrition, Pet Food) -  Industry Trends and Forecast to 2030.

Inulin and Fructooligosaccharide Market Analysis and Size

The food and beverage industry is expected to play an important role in the growth of the inulin and fructooligosaccharide market in the forecast period, as manufacturers focus on producing low-calorie sweeteners with the help of inulin and fructooligosaccharide, while ensuring the final products' taste, texture, and shelf-life stability.

Data Bridge Market Research analyses that the inulin and fructooligosaccharide market which was valued at USD 2,142.53 million in 2022 is expected to reach the value of USD 3,498.75 million by 2030, at a CAGR of 7.1% during the forecast period of 2023-2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

Inulin and fructooligosaccharide are prebiotic ingredients which act as a food source for bacteria living in the human gut. A water-soluble polysaccharide produced by several plant species is inulin. It is a fructan, which is a type of non-digestible carbohydrate. Transfructosylation processes that degrade inulin are used to commercially produce fructooligosaccharides. Inulin and fructooligosaccharides increase calcium absorption in humans and animals. Inulin and fructooligosaccharides are used to replace sugar in the food and beverage industries.

Global Inulin and Fructooligosaccharide Market Dynamics

Drivers

• Growing need for low-calorie food products due to growing diabetic patients

The growing popularity of functional beverages and foods is expected to fuel the growth of the inulin and fructooligosaccharides markets. Sweeteners such as inulin and fructooligosaccharides are in high demand due to rising demand for low-calorie beverages. The food industry's rollout of low-calorie food and beverages to cater to diabetic and calorie-conscious consumers is expected to increase demand for inulin and fructooligosaccharide.

• Technological advancements and developments of improved systems

Soft drinks, frozen desserts, confectioneries, infant formula, yoghurts, chewing gums, and other applications for inulin and fructooligosaccharides are likely to create significant opportunities for inulin and fructooligosaccharide manufacturers. Manufacturing technology advancements, the introduction of efficient purification systems, new substrates and enzymes, and the development of recombinant enzymes have all resulted in lower inulin and fructooligosaccharide manufacturing costs.

Opportunity

• Technology advancements for product enhancement

The advancement of technology for product enhancement represents a significant opportunity within the global inulin and fructooligosaccharide market. Companies are actively investing in research and development to improve the quality and extend the shelf life of these products, making them more appealing to a wider range of industries, including animal nutrition, beverages, and dairy products. These technological innovations not only enhance the overall quality of inulin and fructooligosaccharide but also enable their incorporation into a broader spectrum of applications. This increased versatility opens up new possibilities for product development and market expansion, attracting a wider customer base and driving growth in the global inulin and fructooligosaccharide market. As technology continues to evolve, companies can leverage these advancements to gain a competitive edge, positioning themselves for greater success in the industry.

 Restraint/Challenge

• Regulatory Restrictions on Fructooligosaccharides

The regulatory restrictions on fructooligosaccharides constitute a significant restraint within the industry. These restrictions are typically established to control the quantity and use of fructooligosaccharides in food and infant formula, primarily with the intention of safeguarding public health and ensuring product safety. While well-intentioned, these regulations can present formidable challenges for manufacturers and suppliers.

Moreover, the inulin and fructooligosaccharide market is also hampered by fluctuations in crude oil prices.

This inulin and fructooligosaccharide market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Inulin and Fructooligosaccharide market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In July 2017, Farabi Petrochemicals Co. stated that it would use Honeywell UOP technologies for a new complex in Yanbu to enhance the production of biodegradable detergents. Honeywell is a major player in the market. The new complex's construction is anticipated to be completed in 2020. After completion, the Yanbu complex produces asphalt, de-aromatized specialty oils, mining chemicals, sulfonates, process oils, and lubricants, in addition to around 120,000 metric tonnes per year of LAB and 246,000 metric tonnes per year of regular paraffin.
• ExxonMobil offers completely refined food grade paraffin waxes with low, mid, and high melting points under the ParvanTM brand. They are utilized in a variety of products, including candles, paper conversion, adhesives, wax mixes and emulsions, PVC extrusion lubricants, and cosmetic formulations.

Global Inulin and Fructooligosaccharide Market Scope

The inulin and fructooligosaccharide market is segmented on the basis of nature, form, source, type, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

• Agave
• Chicory
• Jerusalem Artichoke
• Others

Form

• Powder
• Liquid

Nature

• Organic
• Conventional

Type

• Fructo-oligosaccharide
• Inulin

End user

• Clinical Nutrition
• Dietary Supplements
• Functional Food & Beverages
• Dairy Products
• Infant Formula
• Breakfast Cereals & Cereal Bars
• Meat Product
• Animal Nutrition
• Pet Food

Inulin and Fructooligosaccharide Market Regional Analysis/Insights

The inulin and fructooligosaccharide market is analysed and market size insights and trends are provided by country, nature, form, source, type and end user as referenced above.

The countries covered in the inulin and fructooligosaccharide market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.

The Asia-Pacific (APAC) region governs the inulin and fructooligosaccharide industries. The growing demand from emerging markets such as China and India, combined with increased feed and refreshment manufacturing in the country, is expected to propel the Asia-Pacific industry forward (APAC).

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.    

The inulin and fructooligosaccharide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to inulin and fructooligosaccharide market.

Some of the major players operating in the inulin and fructooligosaccharide market are:

• Cargill, Incorporated (U.S.)
• BENEO (Germany)
• Ingredion (U.S.)
• COSUCRA (Belgium)
• NATUREL WEST (Netherlands)
• NOW Foods (U.S.)
• The Green Labs LLC (U.S.)
• PMV Nutrient Products Pvt Ltd. (India)
• Nutriagaves (Mexico)
• Nova-BioRubber Green Technologies Inc. (Canada)