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Prebiotics Market Size Expected To Reach USD 8.04 Billion By 2026 With CAGR 8.5% | Reports And Data
The global Prebiotics market is expected to reach USD 8.04 Billion by 2026, according to a new report by Reports and Data. This can be mainly contributed by the increase in use of prebiotics in dairy products, especially in infant food. The demand for prebiotics in the pharmaceutical industry as a health prevention of gastrointestinal (GI) disorder,…
The post Prebiotics Market Size Expected To Reach USD 8.04 Billion By 2026 With CAGR 8.5% | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global Prebiotics market is expected to reach USD 8.04 Billion by 2026, according to a new report by Reports and Data. This can be mainly contributed by the increase in use of prebiotics in dairy products, especially in infant food.
The demand for prebiotics in the pharmaceutical industry as a health prevention of gastrointestinal (GI) disorder, for relieving patients from diarrhea, vomiting, and abdominal pain, will also drive the growth of the market. Moreover, the changing lifestyles in the emerging economies, due to rapid urbanization and increasing disposable income will also have a positive impact on the market. Some of the notable trends that are affecting the market growth are, increasing interest towards higher fiber consumption, growing obesity concern, coupled with the growing trend of burning surplus calories.
These supplements are highly stable, have a longer shelf life, and are unaffected by temperature. They are resistant to the body’s enzymes and gastric acids, which means that they are not destroyed, or digested, or absorbed as they pass through the digestive system, unlike many prebiotics. Prebiotics reach the colon intact and unaltered. Moreover, they can be used as a supplement to almost every type of food, or drink, without compromising their effectiveness.
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Key participants include Sensus, Cosucra, Beneo, Yakult Pharmaceutical, Friesland Campina Domo, Nissin, Ingredion, Clasado BioSciences, NFBC, Danisco, Tate and Lyle, Roquette, Wacker, Baolingbao, Beghin Meiji, QHT, Nikon Shikuhin KaKo, Hayashiabara, and Longlive, among others.
For the purpose of this report, Reports and Data have segmented global Prebiotics Market on the basis of product type, formulation, application, and region:
Product type Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Billion; 2018-2026)
- FOS
- Inulin
- MOS
- GOS
Formulation Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
- Tablets
- Capsules
- Powder
- Softgels
- Others
Applications Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
- Food & beverages
- Dietary supplements
- Healthcare & Pharmaceuticals
Regional Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Billion; 2018-2026)
- North America
- U.S.
- Europe
- France
- UK
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
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Further key findings from the report suggest
- The market is segmented on the basis of product type into fructo-oligosaccharide (FOS), mannan-oligosaccharide (MOS), galacto-oligosaccharide (GOS) and inulin.
- The fructo-oligosaccharides (FOS) segment is anticipated to witness the highest CAGR of more than 10.6% throughout the forecast period.
- FOS are non-digestible fiber, which can resist bacterial infections. It also helps in the prebiotic bacteria growth in the gastrointestinal tract, treating cholesterol levels, constipation, and diarrhea.
- The market is segmented on the basis of the formulation into tablets, capsules, softgels, powder, and others.
- The softgels accounts for the largest market share of ~27% in the year 2018, owing to its demand from the dietary supplements sector. These supplements are highly consumed since the elements in the capsules enhance the digestive system response of an individual.
- The softgels accounts for the largest market share of 30% in the year 2018. The booming dietary supplements sector; rising disposable incomes; and the awareness regarding these supplements will fuel the demand for softgels.
- The market is segmented on the basis of applications into food & beverages, dietary supplements, and healthcare & pharmaceuticals.
- The dietary supplements segment is forecasted to witness the highest CAGR of 9.9% during the forecast period. The aging population, coupled with increasing issues of gut health are driving the demand for the product in various applications. This leads to an increase in demand for products to improve the health of intestines.
- The market is segmented on the basis of geography by North America, Europe, Asia Pacific, Latin America, and MEA.
- The Asia Pacific region is forecasted to witness the highest growth rate of 10.2% during the forecast period, owing to booming healthcare & pharmaceuticals industry in the emerging countries, such as India and China.
- Increasing popularity for dietary supplements due to rising disposable income, changing lifestyle and growing health awareness will also be a contributing factor for the market in APAC.
- The companies have adopted various strategies including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.
Key Features of the Prebiotics Market Report:
- The report offers a comprehensive analysis of the changing competitive dynamics.
- Provides a futuristic outlook on the key market drivers and restraining factors.
- A comprehensive 8-year forecast of the market and its expected growth rate and pattern.
- In-depth analysis of the key product segments and application spectrum
- Provides strategic recommendations to the established companies and new entrants to provide a competitive advantage over the other companies.
- Comprehensive analysis of the key regions of the industry and provides a SWOT analysis and Porter’s Five Forces analysis to impart a deeper understanding of the market.
- Helps in formulating strategic business decisions and investments plans.
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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The post Prebiotics Market Size Expected To Reach USD 8.04 Billion By 2026 With CAGR 8.5% | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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