"Market Intelligence that Adds Flavour to Your Success"

Inulin Market Size, Share & Industry Analysis, By Application (Food & Beverage, Dietary Supplements, Pharmaceuticals) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI101512 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global inulin market is projected to witness significant growth during the forecast years, owing to the increasing adoption of prebiotic ingredients by the dairy industry and in the formulation of various dairy products. Rising health awareness has led to increased demand for nutraceuticals, which in turn is expected to propel the growth of the global inulin market. Growing production of chicory roots which is a major source of inulin used across pharmaceuticals is anticipated to aid the growth of global inulin market in the foreseeable years.


Key companies operating in the global inulin market are focusing on the launch of innovative products to maintain their market prominence. BENEO GmbH, The Tierra Group, Jarrow Formulas, and Cargill Incorporated are some of the key companies performing in the global inulin market.


To gain extensive insights into the market, Request for Customization


Inulin is a soluble fiber and a starchy element found in a huge variety of cereals, fruits, and vegetables, such as bananas, onions, asparagus, chicory roots, agave, garlic, and others. Inulin is naturally produced by plants and is high in fiber, and has the potential to aid digestive health and reduce the cholesterol level. The product is gaining rapid recognition due to its health benefitting properties and wider adoption.


Increasing demand for high-fiber food products, coupled with increased demand for dietary and functional food ingredients is projected to aid the growth of global inulin market. Higher prevalence of diabetes, especially across developed economies has generated the demand for low-sugar and low-calorie ingredients which are anticipated to drive the growth of inulin market during the forecast period. Furthermore, validation of beneficiary and safety aspects of inulin when used in food or pharmaceuticals, by regulatory authorities such as FDA is further projected to aid the market growth of inulin.


Rising use of probiotics, such as Mannan-oligosaccharides (MOS) and Galacto-oligosaccharides (GOS) is projected to be a restraining factor in the growth of global inulin market.


Key Players Covered


Some of the major companies that are present in the global inulin market are BENEO GmbH, Cosucra Groupe Warcoing SA, Sensus BV, Cargill Incorporated, The Tierra Group, Novo Nordisk, Eli Lilly and Company, The Green Labs LLC, Jarrow Formulas, and TIC Gums.


Segmentation


















 ATTRIBUTE


 DETAILS

By Application




  • Food & Beverage



  • Dairy Products

  • Bakery & Confectionery

  • Meat Products

  • Beverages



  • Dietary Supplements

  • Pharmaceuticals



By Geography




  • North America (USA, Canada, and Mexico)

  • Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa and Rest of ME&A)



On the basis of application, the global inulin market has been segmented into food & beverage, dietary supplements, and pharmaceuticals. The food & beverage segment is further diversified into dairy products, bakery & confectionery, meat products, and beverages. The application of inulin in food & beverage segment is expected to be the highest during the forecast period, owing to rising demand for sugar replacers, prebiotics or functional ingredients, and texture modifiers in food. The demand for inulin in bakery and confectionery segment is expected to grow in the upcoming years, due to rising consumer inclination towards healthy confectionery and bakery products.


The application of inulin in pharmaceuticals is projected to witness a steep rise in the forthcoming years, due to its properties to aid the digestion process and its potential to serve as a drug delivery vehicle. Validation to inulin from FDA as  Generally Recognized as Safe (GRAS) ingredients is further expected to boost its applications in the pharmaceutical industry.


Regional Analysis


Europe is projected to have a major market share in the global inulin market, owing to the increasing demand for fortified food products that contain prebiotic ingredients. Presence of abundance of raw materials such as chicory roots in Europe and its expanding production is projected to impact the Europe inulin market significantly during the forecast years. Rising consumer awareness regarding the product’s benefits in aiding gut health, coupled with favorable regulatory policies regarding the use of functional ingredients in food preparation and beverage formulation is expected to contribute to the growth of inulin market in Europe. The Asia Pacific is projected to grow at a faster pace during the forecast years, owing to the growing demand for inulin from emerging economies such as Japan, India, and others. Rising health consciousness among Asian consumers, coupled with increasing per capita income of consumers is projected to have a significant impact on the growth of inulin market of Asia.


Key Industry Developments



  • In 2017, BENEO GmbH launched an organic food grade inulin, called Orafti BIO, produced by using Blue Agave. The product claims to have a pleasant taste and is easily incorporable in ice-cream, low-sugar yogurts, cereal and chocolate bars, and others.

  • In April 2018, Suntory Beverage & Food Limited announced the launch of ‘Suntory Ruru-cha-For Better Digestive Health’ in Japan. The product claims to include inulin in its formulation, to improve and aid bowel movements.


Inulin Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Food & Beverages Clients

Fuji film
Pont Europe
Ferrero
RMIT
Bunge

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X