Prebiotics Market: Growing Concerns over Health and Wellness to Boost Demand
As per a new research study by Transparency market Research (TMR), the global market for prebiotics is likely to witness a phenomenal rise in the next few years. The report, titled “Prebiotics Market – Global Industry Analysis, Trend, Size, Share and Forecast 2016–2024,” offers a comprehensive assessment of this market on the basis of driving forces, restraints, prominent trends, opportunities, challenges, and its growth potential.
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According to the study, the growing concerns among consumers over their health and well-being and the increasing emphasis on the improvement of digestive health are anticipated to boost the demand for prebiotics across the world in the near future.
Researchers have analyzed the global market for prebiotics on the basis of the application, ingredient, and its geographical reach. Based on the application, the market has been categorized into dietary supplements, food and beverage, and animal feed. Baked food, dairy, dry food, cereals, and fermented meat products are some of the main food and beverage products, which utilize prebiotics. In dietary supplements, prebiotics is mostly used in nutritional supplements, food supplements, specialty nutrients, and infant formulas are the key dietary supplements.
Based on the ingredient, the report has classified the global prebiotics market into fructo-oligosaccharide (FOS), inulin, mannan-oligosaccharide (MOS), and galacto-oligosaccharide (GOS). Geographically, the worldwide market has been segmented into Asia Pacific, Europe, North America and the Rest of the World. Among these, Asia Pacific market for prebiotics is likely to expand considerably in the coming years on account of the increased consumption in developed economies, such as Japan, china, and India. The sedentary lifestyle of the youth is also projected to boost the demand for prebiotics in this region over the forthcoming years, notes the market report.
The research study also assesses the competitive landscape of the worldwide market for prebiotics by reviewing the profiles of the foremost participants functional in this market. Researchers have thoroughly studied the historical performance and observed the future prospects of each market players in a bid to define the existing market hierarchy. The key producers of prebiotics across the world are focusing aggressively on product innovation and advancements in current offerings in order to sustain in this highly competitive environment, states the market report.
Some of the prominent companies in the global prebiotics market are Sensus, Solvay Pharmaceuticals SA, Jarrow, Beneo-Orafti SA, Cargill Inc., Weetabix, GTC Nutrition, Clasado Ltd., Kraft Foods Inc., Cosucra Groupe Warcoing SA, Yakult Honsha Co. Ltd., Stonyfield Farm, Beghin Meiji, Roquette America Inc., Parmalat S.p.A., Royal Cosun, and FrieslandCampina Domo.