Global prebiotic ingredient market segmentation by application and geography
Technavio’s report on the global prebiotic ingredient market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by application, including food and beverages and dietary supplements. As projected in 2016, around 82% of the market share originated from food and beverages.
Based on geography, the global prebiotic ingredient market has been segmented into EMEA, Americas, and APAC. As of 2016, close to 40% of the market share came from EMEA.
“The prebiotic ingredient market in EMEA is growing mostly due to the diversification and expansion of the food and beverage industry. Inulin, a type of prebiotic ingredient, is widely used in low-fat yogurt, low-sugar ice cream, low-fat dairy desserts, and milk beverages. It improves texture and taste. In mousse emulsion, inulin is being used as a fat replacer because of the stabilizing effect,” says Manjunath Reddy, a lead analyst at Technavio for food research.
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Global prebiotic ingredient market: competitive vendor landscape
The global prebiotic ingredient market is highly competitive because of the presence of strong players in the market at both regional and international levels. The preference of consumers changes based on taste and benefits of food ingredients. To match up to the market demand, manufacturers are using prebiotic ingredients in various food and beverage products. Considering the demand from industrial users such as food and beverage manufacturers, dietary supplement manufacturers, and others, prebiotic ingredient manufacturers are introducing products that can be used for various applications.
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Other topics covered in the report:
- Increased use of prebiotics in functional foods
- Health benefits of prebiotics
- High cost of production of prebiotic ingredients
- Side effects of prebiotics
- Increasing preference for prebiotic fiber supplements
- Growing demand for prebiotics from poultry feed manufacturers
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