Global Inulin and Fructooligosaccharide Market, By Source (Agave, Chicory, Jerusalem Artichoke, and Others), Form (Powder, and 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, and Pet Food) – Industry Trends and Forecast to 2029.
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 1,985.54 million in 2021 is expected to reach the value of USD 3,335.75 million by 2029, at a CAGR of 6.70% during the forecast period of 2022-2029. 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.
Inulin and Fructooligosaccharide Market Scope and Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Million, Volumes in Units, Pricing in USD
Source (Agave, Chicory, Jerusalem Artichoke, and Others), Form (Powder, and 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, and Pet Food),
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
Market Players Covered
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)
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.
- 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.
Various companies are focusing on improving technology for inulin and fructooligosaccharide product life enhancement in applications such as animal nutrition, beverages, and dairy products. Furthermore, in order to provide price advantages to companies, a few regional and local players have begun offering inulin and fructooligosaccharide at comparatively lower prices, primarily in China and India. Furthermore, the rising demand for functional beverage and food products in these countries is expected to expand the opportunities for new entrants into the inulin and fructooligosaccharide markets in the near future.
Ordinances dictating the value of fructooligosaccharides in food and infant food formula, combined with the large amount, are expected to limit growth.
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, analyses 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.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Post COVID-19 Impact on Inulin and Fructooligosaccharide Market
Consumers stacked products with high nutritional value to keep them healthy during the pandemic period. As a result, sales were stabilised to some extent because of the pandemic, consumers have adjusted to a new normal lifestyle and as a result, and an increasing number of consumers prefer quick and nutritious snacking options. COVID-19 opened the door for a slew of new private firms to enter the market in order to meet the ongoing demand.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Inulin and Fructooligosaccharide Market Scope
The inulin and fructooligosaccharide market is segmented on the basis of type, nature, form, source 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.
- Jerusalem Artichoke
- 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, type, nature, form, source 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.
Competitive Landscape and Inulin and Fructooligosaccharide Market Share Analysis
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)