Global Market Prebiotic Ingredients to Rise at 11.4% CAGR by 2018 due to Increasing Number of Fitness-conscious People
Transparency Market Research has recently published a new research report that investigates the various trends and dynamics impacting the overall global prebiotic ingredients market. The research report, titled “Prebiotic Ingredients Market – Global Industry Analysis, Market Size, Share, Trends, and Forecast 2012 – 2018,” explains the status of the market with the help of Porter’s five forces analysis to evaluate the threat of new entrants, the threat of substitute products or services, the bargaining power of customers, the bargaining power of suppliers, and the intensity of competitive rivalry. Furthermore, it also tries to assess the strengths, weaknesses, opportunities, and threats influencing the segments of the overall market. The research report has been authenticated with expert opinions to help the readers gain accurate and exact information about the scope and nature of the market to make well-informed business decisions.
According to the research report, the global prebiotic ingredients market was valued at US$2.3 bn in 2012 and is anticipated to reach US$4.5 bn by 2018, rising at a CAGR of 11.4 % from 2012 to 2018. The growth of the global prebiotic ingredients market will be attributable to the increasing demand for dairy products and rising healthcare awareness. Furthermore, as more and more consumers are moving towards living a healthy lifestyle, which is characterized by consumption of low-calorie foods, they are boosting the demand for prebiotics, especially in Europe.
Probiotics are extremely important to the human gastrointestinal tract, as they help probiotics grow, multiply, and thrive in the gut. Prebiotic fibers are found in foods such as onion, asparagus, and garlic.
The global prebiotics ingredients market is segmented on the basis of ingredient, application, and geography. Depending on the ingredient, this market is segmented into fructo-oligosaccharides, inulin, galacto-oligosaccharides, mannan-oligosaccharides, and others. In terms of applications, this market is segmented into food and beverages, dietary supplements, and animal feed. The food and beverage segment is further sub-segmented into dairy products, cereals, baked foods, fermented meat products, dry foods, and others. On the other hand, dietary supplements include food supplements, nutritional supplements, specialty nutrients, and infant formula.
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Geographically, this market is segmented into Asia Pacific, Europe, North America, and Rest of the World. The report suggests that the dietary supplements segment is anticipated to grow at an exceptionally fast pace in the coming few years.
Some of the important players operating in the global prebiotic ingredient market are Yakult Honsha Co. Ltd., Roquette Freres, Royal Cosun, Jarrow Formulas Inc., Parmalat S.p.A., Cargill Incorporated, Kraft Foods Group Inc., BENEO-Orafti SA, and Abbott Laboratories. The research report profiles these players in a detailed manner to offer a comprehensive outlook of the competitive landscape of the global prebiotic ingredients market. Additionally, the research report also provides an examination of the research and development strategies, financial overview, investment outlook, business and marketing strategies, strategic mergers and acquisitions, and expansion plans of these players for the coming few years.