Prebiotics Market: Growing Concerns over Health and Wellness to Boost Demand

As per a new research study by Transparency market Research (TMR), the global market for prebiotics is likely to witness a phenomenal rise in the next few years. The report, titled “Prebiotics Market - Global Industry Analysis, Trend, Size, Share and Forecast 2016–2024,” offers a comprehensive assessment of this market on the basis of driving forces, restraints, prominent trends, opportunities, challenges, and its growth potential.

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According to the study, the growing concerns among consumers over their health and well-being and the increasing emphasis on the improvement of digestive health are anticipated to boost the demand for prebiotics across the world in the near future.

Researchers have analyzed the global market for prebiotics on the basis of the application, ingredient, and its geographical reach. Based on the application, the market has been categorized into dietary supplements, food and beverage, and animal feed. Baked food, dairy, dry food, cereals, and fermented meat products are some of the main food and beverage products, which utilize prebiotics. In dietary supplements, prebiotics is mostly used in nutritional supplements, food supplements, specialty nutrients, and infant formulas are the key dietary supplements.

Based on the ingredient, the report has classified the global prebiotics market into fructo-oligosaccharide (FOS), inulin, mannan-oligosaccharide (MOS), and galacto-oligosaccharide (GOS). Geographically, the worldwide market has been segmented into Asia Pacific, Europe, North America and the Rest of the World. Among these, Asia Pacific market for prebiotics is likely to expand considerably in the coming years on account of the increased consumption in developed economies, such as Japan, china, and India. The sedentary lifestyle of the youth is also projected to boost the demand for prebiotics in this region over the forthcoming years, notes the market report.

The research study also assesses the competitive landscape of the worldwide market for prebiotics by reviewing the profiles of the foremost participants functional in this market. Researchers have thoroughly studied the historical performance and observed the future prospects of each market players in a bid to define the existing market hierarchy. The key producers of prebiotics across the world are focusing aggressively on product innovation and advancements in current offerings in order to sustain in this highly competitive environment, states the market report.

Some of the prominent companies in the global prebiotics market are Sensus, Solvay Pharmaceuticals SA, Jarrow, Beneo-Orafti SA, Cargill Inc., Weetabix, GTC Nutrition, Clasado Ltd., Kraft Foods Inc., Cosucra Groupe Warcoing SA, Yakult Honsha Co. Ltd., Stonyfield Farm, Beghin Meiji, Roquette America Inc., Parmalat S.p.A., Royal Cosun, and FrieslandCampina Domo

Prebiotics Market - Global Industry Analysis, Trend, Size, Share and Forecast 2016 - 2024

Prebiotics are fibers that provide an essential feed source for the necessary bacteria which contribute to the well-being of the colon, which are found in the human gut. Prebiotics are found in natural foods such as bananas, wheat bran, onions, leek, garlic, and food products such as cereals, table spreads, breads, biscuits, and yoghurts. They help in maintaining the well-being of the human body and are thus, increasingly appealing to the health conscious population. Prebiotics ensure enhanced immunity and alleviate digestion problems, which is also driving their demand.

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The global prebiotics market is segmented on the basis of application, ingredients, and geography.

By application, the global prebiotics market is segmented into food and beverage, dietary supplements, and animal feed. Dairy, baked food, cereals, dry food, and fermented meat products come under food and beverage segment. Dietary supplements include food supplements, nutritional supplements, infant formula, and specialty nutrients. On the basis of ingredients, the global prebiotics market is segmented into inulin, Fructo-oligosaccharide (FOS), Mannan-oligosaccharide (MOS), and Galacto-oligosaccharide (GOS).

The report is a comprehensive assessment of the market, providing a bird’s eye view across all key sectors, application, geographies, and different stages of the value chain. The study covers key industry parameters such as market definition, classification, specification, and application. It discusses the growth prospects and upcoming trends in the global prebiotics market. Factors challenging the growth of the market have also been discussed in detail.

Overview of the Prebiotics Market

The rising concerns among consumers regarding their health and growing emphasis on improving digestive health are together responsible for the growth of the prebiotics market. Growing concerns regarding obesity are also helping the market to grow, as sales of functional foods or supplements which have prebiotics in them are growing. Prebiotics face high demand from the food and beverage industry, thus boosting the market. The global prebiotics market is estimated to reach US$15.90 bn by 2019 according to a research report published by Transparency Market Research.

The rising use of prebiotics in animal feed to enhance the overall health and metabolism of animals is expected to result in a significant growth of the market worldwide. Prebiotics are used in cattle feed to improve their digestion, performance, and immune system. Other factors augmenting the growth of the market are the rising use of prebiotics in poultry feed to improve productivity and growing dependence on animals as a source of protein. On the other hand, high capital investments required for the research and development of ingredients are hindering the growth of the market. The market is also challenged by stringent regulations for the registration and labeling of new ingredients, which is extensively prevalent in European countries and also in the U.S.

By geography, the global prebiotics market is segmented into Europe, Asia Pacific, North America, and the Rest of the World. Of these, the market in Asia Pacific is expected to expand significantly in the coming years owing to high demand from developed nations such as Japan and increasing prevalence of chronic diseases. The sedentary lifestyle of the younger population is also expected to fuel the demand for prebiotics in the region.

Players in the Global Prebiotics Market

Key manufacturers operating in the global prebiotics market are Sensus, Jarrow, Cargill Inc., Beneo-Orafti SA, GTC Nutrition, Weetabix, Clasado Ltd., Yakult Honsha Co. Ltd., Kraft Foods, Inc., Cosucra Groupe Warcoing SA, Stonyfield Farm, Solvay Pharmaceuticals SA, Beghin Meiji, Roquette America, Inc., Royal Cosun, Parmalat S.p.A., and FrieslandCampina Domo.

Global Prebiotics Market to Display 5.2% CAGR from 2013 to 2019, Increasing Health-consciousness Propels Market

Transparency Market Research presents a comprehensive study of the global prebiotics market in a report titled “Prebiotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.” The report examines the market in a ground-up manner, presenting a detailed account of vital indicators such as drivers, challenges, and trends that will have an impact on the said market across North America, Asia Pacific, Europe, and Rest of the World for the 2013-2019 period.

According to the report’s findings, the global prebiotics market was valued at US$11.2 bn in 2012. Registering a modest CAGR of 5.2% between 2013 and 2019, the market will reach a valuation of US$15.9 bn by 2019.

The report says that changing lifestyles and increasing consumer awareness about gut health are driving the prebiotics market over the last couple of years. As consumers seek a healthier and improved lifestyle, they are becoming more conscious about the ingredients present in their diet. Of the many vital ingredients, prebiotics will witness significant demand due to their numerous health benefits.

Prebiotics are fibers that act as food for beneficial bacteria in the human gut. Found in both natural foods and artificial supplements, prebiotics are used for increased immunity, to reduce digestive problems, and overall well-being. Some natural sources of prebiotics are chicory root, wheat bran, artichokes, wheat flour, banana, onion, garlic, asparagus, and leek. Artificial sources of prebiotics include confectioneries, cereals, breads, functional beverages, table spreads, yogurts, and biscuits.

Prebiotics are increasingly being used in dairy products, which serves as a lucrative area for manufacturers. However, the high cost involved in the research and development of ingredients and strict regulations in place for labeling and registration of new ingredients will hamper the market’s growth.

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Geographically, Europe stands as a significant market for prebiotics due to the presence of a health-conscious population. In this region, continuous introduction of newer products to keep up with the rising demand for prebiotics from the health-conscious society is common. Increasing awareness about the health benefits of prebiotics and the rising awareness about digestive health are bolstering growth of the Europe prebiotics market.

The report mentions and profiles top players that operate in the global prebiotics market. These are GTC Nutrition, Clasado Ltd., Weetabix, Cargill Inc., Yakult Honsha Co. Ltd., Stonyfield Farm, Roquette America Inc., Royal Cosun, Kraft Foods Inc., Sensus, Beneo-Orafti SA, Cosucra Groupe Warcoing SA, Solvay Pharmaceticals SA, Beghin Meiji, Jarrow, Parmalat S.p.A, and FrieslandCampina Domo. Each of the companies is profiled for attributes of product portfolio, business strategies, financials, recent developments, and SWOTs.