Prebiotic Ingredients Market Driven by Increasing Demand for Dairy Products & Rising Healthcare Awareness

According to the research report, the global prebiotic ingredients market was valued at US$2.3 bn in 2012 and is anticipated to reach US$4.5 bn by 2018, rising at a CAGR of 11.4 % from 2012 to 2018. The growth of the global prebiotic ingredients market will be attributable to the increasing demand for dairy products and rising healthcare awareness. Furthermore, as more and more consumers are moving towards living a healthy lifestyle, which is characterized by consumption of low-calorie foods, they are boosting the demand for prebiotics, especially in Europe.

According to this market research report, growing demand for dairy products and heightened healthcare awareness are the two main factors that drive the global prebiotic ingredients market. Also, the shift in focus of consumers towards low calorie foods and the presence of a strong market for prebiotics in Europe are the other factors that are expected to contribute significantly to the global prebiotic ingredients market during the forecast period. Probiotics play a crucial role in the human gastrointestinal tract. Prebiotics refer to food sources that aid probiotics to grow, multiply, and thrive in the gut. Hence, prebiotic fibers are included in certain dietary supplements and in certain types of foods. Onion, garlic, and asparagus are foods that naturally contain prebiotic fibers.

The TMR report segments the global prebiotic ingredients market on the basis of ingredients, application, and geography. On the basis of ingredients, this market is segmented into Inulins, Mannan Oligosaccharides (MOS), Galacto-Oligosaccharides (GOS), Fructo-Oligosaccahrides (FOS), and others, which include resistant starch prebiotics, xylo-oligosaccharide (XOS), Chicory fructans, and oligosaccharides. Application-wise, the global prebiotic ingredients market is segmented into food and beverages, dietary supplements, and animal feed. The segment for dietary supplements is a rapidly expanding one and is anticipated to emerge as the most lucrative segment in the forthcoming years. The food and beverages segment is further segmented into baked foods, dairy products, cereals, and fermented meat products. Dairy products holds the largest share within the food and beverages application segment.

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Geographically, this market is segmented into Asia Pacific, Europe, North America, and Rest of the World. The report suggests that the dietary supplements segment is anticipated to grow at an exceptionally fast pace in the coming few years.

Some of the important players operating in the global prebiotic ingredient market are Yakult Honsha Co. Ltd., Roquette Freres, Royal Cosun, Jarrow Formulas Inc., Parmalat S.p.A., Cargill Incorporated, Kraft Foods Group Inc., BENEO-Orafti SA, and Abbott Laboratories. The research report profiles these players in a detailed manner to offer a comprehensive outlook of the competitive landscape of the global prebiotic ingredients market. Additionally, the research report also provides an examination of the research and development strategies, financial overview, investment outlook, business and marketing strategies, strategic mergers and acquisitions, and expansion plans of these players for the coming few years.