Prebiotic Fiber Market Overview
Prebiotic Fiber Market Outlook:
Certain food items, such as onions, bananas, garlic, apples, beans, chicory root, etc., contain a non-digestible part which passes through the human digestive system undigested if consumed. These non-digestible parts are often referred to as prebiotic fibers. Prebiotic fibers are fermented in the colon, where they disintegrate to feed beneficial bacteria colonies. Thus, prebiotic fibers aid the digestive system and reduce the chances of diseases by creating a healthy digestive system and promoting the growth of beneficial bacteria.
By adding prebiotic fibers to a diet, immunity can be boosted and gut performance can be enhanced naturally. Prebiotic fibers also help to decrease obesity naturally. Two commercially accepted forms of prebiotic fibers are fructo-oligosaccharide and galacto-oligosaccharide.
Versatility of Prebiotic Fibers Impel Utilization in Different Food Products:
Prebiotic fibers are non-digestible food ingredients that positively affect the body by stimulating growth and activity of the bacteria in the colon, thereby improving human health. The importance of prebiotics fibers has been known for a long time now.
In the world of highly processed foods, particular attention is given to the composition of the products consumed. Increasing investments in the food industry for innovating and developing new food products with prebiotic fibers and growing demand for nutritional supplements are important factors anticipated to impel the growth of the market in the years to come. Also, the emergence of prebiotic fibers as an alternative to antibiotics is also likely to assist the growth of the market.
Furthermore, shifting preference towards consumption of prebiotic fiber-rich products, among customers, owing to growing awareness about the health benefits of prebiotic fibers will give a boost to the market
Global Prebiotic Fiber Market - Key Players:
Some of the key players operating in the global Prebiotic Fiber market are Benefiber, Prebiotin, Now Foods, Cargill, Sensus, Kraft Foods Inc., Yakult Honsha Co. Ltd., KeVita, Maveron, Evolve Biosystems, Attune Foods, Indiebio, BioGaia, Solvay Pharmaceuticals SA, Roquette America, Inc., FrieslandCampina Domo, Cosucra Groupe Warcoing SA, GTC Nutrition and Parmalat S.p.A., among others.
Key Developments in the Prebiotic Fiber Global Market:
The Prebiotic fiber market has registered healthy growth in the last few years. In November 2018, Olipop, a health beverage company, launched new products loaded with prebiotic fibers aimed at revitalizing gut health and supporting digestive health. The fizzy fermented drinks are high in prebiotic fiber and low in sugar.
Opportunities for Prebiotic Fiber Participants:
Manufacturers are exploring the use of prebiotic fibers in emerging applications, such as cosmetics and most importantly, pharmaceuticals. The nutritional supplements segment is anticipated to register high growth rate during the forecast period.
Galacto-oligosaccharide accounts for a significant share due to its growing use in nutritional supplements. On the other hand, the demand for Mannan- oligosaccharide will also increase due to growing demand from the animal feed industry across the world.
Europe is expected to lead the market in terms of both, revenue and volume. The market in Asia Pacific is expected to record healthy growth rate owing to the growing consumption of dairy products and nutritious foods by consumers.
Guidelines and policies set by FDA that ban certain AGPs (Antibiotic Growth Regulators) have made way for prebiotic fibers to be used as an ingredient in various foods.
Brief Approach to Research:
A modeling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments included in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global scale to estimate the overall market sizes.
Prebiotic Fiber Market - Market Segmentation:
By Nature, the Prebiotic Fiber market is segmented into:
By Product Type, the Prebiotic Fiber market is segmented into:
By Application, the Prebiotic Fiber market is segmented into:
- Food and Beverages
- Baked Foods
- Breakfast Snacks
- Animal Feed
- Nutritional Supplements
By Sales Channel, the Prebiotic Fiber market is segmented into:
- Direct Sales
- Indirect Sales
- Online Stores
- Retail Stores
Key Data Points Covered in the Report:
- An overview of the global Prebiotic Fiber market including background and advancement.
- Macroeconomic factors affecting the Prebiotic Fiber market and its potential.
- Market dynamics, such as drivers, challenges, and trends in the Prebiotic Fiber market.
- Detailed value chain analysis of the Prebiotic Fiber market.
- The cost structure of the Prebiotic Fiber and segments covered in the study.
- In-depth pricing analysis, by crucial Prebiotic Fiber segments, regions and by major market participants.
- Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario.
- Analysis of the market structure, including a tier-wise categorization of key market participants.
- Competitive landscape of the market, including detailed profiles of the top players in this market.
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.