11 February 2020 - Global Inulin Market demand was estimated at 246.5 kilo tons in 2013. The demand is for these products is expected to witness rapid growth owing to increasing usage of prebiotic ingredients for production of different food & beverages products. The growing application in manufacturing of dairy products such as ice creams, yogurts, and cheese is expected to further augment demand for inulin over the forecast period. Increasing awareness regarding low sugar consumption and low calorie foods due to rise in lifestyles related disease is expected to a have positive impact on inulin demand over the forecast period.
Growing popularity of nutraceuticals is expected to positively impact market demand as it is used in these products as a functional ingredient. U.S. FDA has categorized inulin as a safe product owing to which manufacturers now prefer these products over other substitutes. It is used in inhibiting growth of pathogenic bacteria which aids in getting better colon health. Rising cultivations of chicory roots in Europe and China is likely to boost consumption of inulin in end-use industries.
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Application Insights
Food & beverages dominated the application segment and accounted for over 65% of market share by volume in 2013 and is expected to witness growth over the forecast period owing to rising usage of probiotic functional ingredients that aid in reduction of sugar level and improving gut health. Inulin contains non-digestable fiber which helps in stimulating bacterial growth in human body, owing to which the demand for these products in dietary supplements is expected to remain high over the forecast period. The other applications of inulin include coating, construction, and animal feed industries.
Regional Insights
Europe dominated the global inulin market by accounting over 40% in 2013 and is expected to witness growth on account of regulatory support over the usage of functional ingredients in food & beverage industry in this region. Slow growth of food & beverage industry in Spain, Italy, and Germany coupled with European Commission’s limitation over the production quota of inulin is expected to act as a challenge to the market growth.
North America is the second largest market driven by rising health awareness and growing expenditure on wellness products. The rising innovation on sugar free products coupled with growing demand for diverse low fat and dietary supplements is expected to boost demand for these food ingredients.
Growing dairy industry in Asia Pacific countries such as China and India owing to strong regulatory support coupled with growing domestic demand is expected to propel the inulin demand. The market in India has received a boost as the government is providing subsidies for farmers involved in the cultivation of chicory roots. Growing food & beverage industry in Brazil and Saudi Arabia is expected to have a positive impact on inulin demand over the forecast period.
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Competitive Insights
The industry environment is competitive due to the presence of less number of manufacturers. Key players in the market are Cosucra, Sensus, Jarrow Formulas, and Beneo-Orafti. Technological advancements coupled with new product development and strategic partnerships are the key factors responsible for growing market share.
Market Segment:
Global Inulin Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
- Food & Beverage
- Dietary Supplements
- Pharmaceuticals
- Others
Global Inulin Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
- North America
- Europe
- Latin America
- Asia Pacific
- MEA
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The global inulin market is anticipated grow at a CAGR of 5.3% over the forecast period 2018-2028.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the inulin market, both at global and regional levels.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the inulin market.
The inulin market forecast report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.Key regions covered comprise: North America (Canada, US)Latin America (Argentina, Mexico)Europe (NORDIC, UK)APEJ (China, India)MEA and JapanAfter reading the inulin market report, readers get insight into:Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the inulin marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potentialYou can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S_id=1607To expand the understanding of opportunities in the global inulin market report looks at close quarters into the opportunities and new avenues in following key segments: By Equipment TypeBy RegionBy End-UsersBy Sales ChannelsIn addition to understanding the demand patterns of various end users, the report on the inulin market also enumerates trends expected to attract investments by other various associated industries.
Besides, the report also represents the market performance by value chain analysis which will help to provide better product differentiation along with the analysis of each segment regarding opportunity, market attractiveness index and growth rate.
it is a soluble fiber.
Inulin has been part of our daily diet for hundreds of years, as you find it in many fruits and vegetables, such as bananas, onions, and wheat.
According to this study, over the next five years the Inulin market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 350 million by 2024, from US$ 290 million in 2019.
Browse the complete Inulin market Report and TOC @ https://www.decisiondatabases.com/ip/16320-inulin-market-analysis-report The key manufacturers covered in this report: BeneoSensusCosucraXiruiViolfInulingQinghai WeideFuji Nihon Seito CorporationBiqingyuanNovagreenThe Tierra GroupGansu Likang Segmentation by product type: Chicory Roots InulinArtichoke InulinOthers Segmentation by application: Food & BeverageDietary SupplementsPharmaceuticalOther This report also splits the market by region: Americas United States Canada Mexico Brazil APAC ChinaJapan…….
Download Free Sample Report of Global Inulin Market Report @ https://www.decisiondatabases.com/contact/download-sample-16320 Research objectives To study and analyze the global Inulin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Inulin market by identifying its various subsegments.Focuses on the key global Inulin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Inulin with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Inulin submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.
Analysis of the Global Inulin MarketA new study published by Fact.MR on the global Inulin market includes a global analysis and opportunity assessment for the period 2018 to 2028.
The report offers a comprehensive assessment of the key market dynamics in detail.
The analysts take into account the historic as well as the current growth parameters to project the growth of the Inulin market with maximum accuracy.The report suggests that the global Inulin market is expected to witness a considerable CAGR growth of ~ 7.10% during the forecast period (2019-2029) and surpass the value of ~US$ 5.3 Bn by 2029.
The report provides a Y-o-Y growth trend analysis and the current and future market volume projections (Units) for the assessment period.
The impact of the novel COVID-19 pandemic on the Inulin market is assessed in the report along with valuable insights pertaining to how market participants are adapting to the current situation.Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=1607In a bid to recognize the growth prospects in the Inulin market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market.
Each segment of the Inulin market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:North AmericaLatin AmericaEuropeJapanAPEJMEAThe key players in the global Inulin market report consist ofCargill Incorporated.BENEO-Orafti SASteviva Brands, Inc.THE iiDEA COMPANYCosucra Groupe Warcoing SASensus B.V.Naturel West Corp EU B.VEach market player encompassed in the Inulin market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R projects, and business tactics.
