Inulin Market is estimated to be US$ 2.29 billion by 2030 with a CAGR of 5.5% during the forecast period
Inulin is a group of
naturally occurring polysaccharide and is indigestible carbohydrate belonging
to a class of fructans. Inulin has obtained the GRAS (generally recognize as
safe) status in United States, due to which it is highly used in pharmaceutical
industries. It consists of rich fiber and has very low calories. Inulin plays
an important role in the growth of intestinal bacteria due to which it is also
considered as dietary fiber. Inulin is
used as probiotic, due to its health benefits, especially to lower sugar and
fat levels. The Global Inulin Market accounted for US$ 1.33 billion in 2020 and
is estimated to be US$ 2.29 billion by 2030 and is anticipated to register a
CAGR of 5.5%
The report "Global Inulin Market, By Application (Food and Beverage, Dietary
Supplements, and Pharmaceutical) and By Region (North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends,
Analysis and Forecast till 2030”. Increasing
awareness about prebiotic ingredients and their extensive utilization in food
and beverages industry is the major factor driving the growth of the global
inulin market globally. Inulin has various applications in dairy product
formation such as cheese, yogurts, and ice-cream. Hence, the growth in dairy
industries is projected to boost additional growth in inulin market over the
forecast period. Also, high growth in the pharmaceuticals industry worldwide is
propelling the growth of the target market. Furthermore, the fast-growing
significance of nutraceuticals due to increasing health awareness is expected
to increase demand for inulin as a functional ingredient.
Key Highlights:
·
In June 2018, Cosucra’s inulin-type fructans Fibruline
extracted from chicory root has received regulatory approval from the U.S. Food
and Drug Administration (FDA) for being listed as dietary fibres on the
nutrition and supplement facts panel.
·
In June 2016, Sensus agreed to market organic inulin, sourced
from agave, under its Frutafit line of products. Frutafit OAI is certified USDA
organic and will help meet demand in the growing organic market.
Key Market Insights from the
report:
The Global Inulin Market accounted for US$ 1.33 billion
in 2020 and is estimated to be US$ 2.29 billion by 2030 and is anticipated to
register a CAGR of 5.5% . The market report has been segmented based
on application and region.
·
By application, food and beverage segment accounts for the
major share revue for the global market owing to the rise in the number of
health-conscious consumers as it is considered as the powerhouse of fibre with
low-calorie food
·
By region, Europe estimates for the highest market share in the global inulin
market. Regulatory development aimed at supporting fortification of food with
prebiotic ingredients is anticipated to drive inulin demand in the region.
To know the upcoming trends and insights prevalent in this market,
click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Inulin-Market-By-Application-403
The prominent player operating in the global
inulin market includes Cargill Incorporated, Beneo-Orafti SA,
CosucraGroupeWarcoing SA, Jarrow Formulas, Shandong Baolingbao Biotechnology
Co. Ltd, SensusB.V, Fenchem, Inc, The Tierra Group, Ciranda, Inc, and Wuxi Cima
Science Co. Ltd.
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