The global prebiotic ingredient market size is estimated to expand from USD 7,215 million in 2024 to USD 13,763 million by 2034. Global prebiotic ingredient sales are projected to soar at 6.7% CAGR over the next ten years.
Inulin remains the highly sought-after prebiotic ingredient, and the trend will likely continue through 2034. This can be attributed to inulin’s multifunctional benefits and expanding application in the food & beverage sector.
Attributes | Key Insights |
---|---|
Estimated Prebiotic Ingredient Market Value (2024E) | USD 7,215 million |
Projected Prebiotic Ingredient Market Revenue (2034F) | USD 13,763 million |
Value-based CAGR (2024 to 2034) | 6.7% |
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Market Statistics | Details |
---|---|
Jan to Jun (H1), 2022 (A) | 6.2% |
Jul to Dec (H2), 2022 (A) | 6.8% |
Jan to Jun (H1), 2023 Projected (P) | 7.2% |
Jan to Jun (H1), 2023 Outlook (O) | 6.9% |
Jul to Dec (H2), 2023 Outlook (O) | 11.2% |
Jul to Dec (H2), 2023 Projected (P) | 10.9% |
Jan to Jun (H1), 2024 Projected (P) | 11.7% |
Global sales of prebiotic ingredients increased at a 6.1% CAGR from 2019 to 2023. The reason behind this steady growth was the community's narrow awareness of the benefits of these products. However, as awareness rose, so did the market for prebiotic ingredients.
In the assessment period, the global market for prebiotic ingredients is projected to expand at 6.7% CAGR. Total market valuation at the end of 2034 will likely reach USD 13,763 million, driven by increasing health problems and growing demand for functional foods.
Innovations in prebiotic ingredients are extending their applications within the personal care industry. They are used in products like face creams, lotions, and sunscreens to promote the growth of the essential microbiome of our skin. Amplification of the personal care industry in Europe and other regions will likely foster market growth.
The table below shows the expected CAGR of the leading nations. The United States, India, and the United Kingdom are set to remain leading consumers of prebiotic ingredients, with expected CAGR of 10.5%, 10.5%, and 10%, respectively, through 2034.
Increasing health consciousness among consumers is a key factor driving demand for prebiotic ingredients in nations like India and China. Similarly, growing interest in gut health support supplements will likely foster sales growth in these nations.
Countries | Expected Prebiotic Ingredient Market CAGR (2024 to 2034) |
---|---|
United States | 10.5% |
United Kingdom | 10% |
Germany | 9.5% |
India | 10.5% |
China | 9.2% |
When it comes to functional food ingredient consumption, including prebiotics and probiotics, the United States leads from the forefront. As per the latest analysis, prebiotic ingredient demand in the United States is projected to rise at 10.5% CAGR during the forecast period, driven by factors like:
People in the United States are becoming more proactive about maintaining their health and preventing diseases. This is acting as a catalyst propelling demand for prebiotic ingredients, and the trend is expected to continue over the next ten years.
In the United States, due to the established food and processing industry, manufacturers invest heavily in the research and development of the products. They readily engage with the users of their products to understand the demands and modify the newly innovated products. This will likely uplift the demand for prebiotic ingredients.
The rapidly heightening concerns among customers and enhancements in innovations are leading to the expansion of prebiotic components. Multi-functionality across numerous segments and their extensive usage in the functional food and beverage industry are some of the key contributors to market growth.
India is emerging as a highly lucrative market for prebiotic ingredients, and the trend is expected to continue through 2034. As per the latest report, India's prebiotic ingredient market is poised to register strong growth, with overall sales rising at 10.5% CAGR. This is attributable to factors like:
People across India are becoming increasingly aware of the importance of gut health and the role of functional ingredients like prebiotics in improving it. This is expected to drive demand for prebiotic-fortified foods and beverages, thereby enhancing India’s prebiotic ingredient market share.
Rising urbanization in India is leading to a busy lifestyle. This, in turn, is expected to cause a spike in cases of lifestyle disorders and diseases such as irregular bowel movements, constipation, IBS, etc. Therefore, Indian consumers are more attracted to nutrition-dense foods and supplements, including prebiotics.
Top food manufacturers in the nations are focusing on developing health-beneficial products such as prebiotics and probiotics to boost their sales. This will likely fuel sales of prebiotic ingredients.
The section offers deeper insights into leading segments in the prebiotic ingredient market. This information will likely help companies maximize profits by investing in ingredients. Based on ingredients, the inulin segment is expected to account for a prominent revenue share by 2034.
As per the latest prebiotic ingredient industry analysis, sales of inulin are anticipated to outpace those of other prebiotic ingredients. This can be attributed to the rising usage of inulin in several applications, including dairy products, dietary supplements, bakery goods, and savory snacks. The target segment is set to
The prebiotic ingredient market possesses a diverse and dynamic competition scenario. Key manufacturers of prebiotic ingredients are strategically focussing on innovation and development, optimized sourcing, and newer formulations. Brands are trying to merge prebiotic fibers into beverages to enter into the functional foods market.
Several players focus on sustainable practices, quality accreditations, and meeting the rising demand for organic and sustainable ingredients. The target market is also witnessing strategies like mergers, partnerships, acquisitions, and collaborations as key players look to expand their presence and expertise.
Recent Developments in the Prebiotic Ingredient Market
The market will reach USD 7,215 million in 2024.
Demand will grow at a 6.7% CAGR through 2034.
The market will reach USD 13,763 million by 2034.
The United States dominates the global prebiotic ingredient industry.
The market grew at a 6.1% CAGR from 2019 to 2023.
Cargill, Tereos Group, FrieslandCampina, and Cosucra lead the market.
Non-digestible fibers that nourish gut bacteria are considered prebiotics.
Garlic, onions, dandelion greens, leeks, and Jerusalem artichokes are top prebiotic foods.
Estimated Size (2024E) | USD 3,851.9 Million |
---|---|
Projected Value (2034F) | USD 9,377.8 Million |
Value-based CAGR (2024 to 2034) | 8.0% |
Estimated Market Size (2024E) | USD 7,524.6 million |
---|---|
Projected Market Value (2034F) | USD 23,874.5 million |
Value-based CAGR (2024 to 2034) | 11.2% |
Estimated Market Size (2023E) | USD 12,304.7 million |
---|---|
Projected Market Value (2033F) | USD 27,312.0 million |
Value-based CAGR (2023 to 2033) | 8.3% |
Market Size Value in 2023 | USD 5,769 million |
---|---|
Market Forecast Value in 2033 | USD 9,734.8 million |
Growth Rate (2023 to 2033) | 6.4% CAGR |
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