Global Inulin Market By Applications (Food And Beverages, Dietary Supplements, Pharmaceuticals) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Inulin is a term used to describe a group of polysaccharides that is produced by numerous plants. It is a type of dietary fiber which is usually found in the roots of plants. Herb chicory is a plant from which most of the inulin is extracted. As a natural fiber, inulin provides a number of important health benefits, such as helps in preventing constipation, lowers cholesterol levels, and promotes good bacteria (probiotics) in the intestinal tract. Inulin is also considered as a prebiotic, which is a substance that nourishes and supports probiotics, which provides many health benefits on their own.

The report titled “Global Inulin Market - Growth, Share, Opportunities and Competitive Analysis, 2016–2022” offers strategic insights into the overall inulin market along with the market size and estimates for the duration 2016 to 2022. The said research study covers in-depth analysis of multiple market segments based on type of type of applications, and different geographical region. On the type of application, the inulin market is segmented into food and beverages, dietary supplements, pharmaceuticals and others. The food and beverages market is further segmented into bakery & confectionery products, cereals, dairy products, meat products, sports drinks and others.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in inulin market, attractive investment proposition market positioning of key manufacturers sections. Other in-depth analysis provided in the report includes:

Geographically, the global inulin market is studied for the following regional markets:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • U.K.
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • South Korea
  • Rest of Asia Pacific
• Latin America
• Middle East and Africa

Market size and forecast for these regional and country level markets are presented in this study for the period 2013-2022. Market growth rates for the forecast period 2016-2022 are also included in this report, considering 2015 as the base year.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global inulin market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global inulin market. This report concludes with company profiles section that highlights major information about the key players engaged in global inulin market. In-depth competitive environment analysis and historical years (2013 & 2014) market size data are also provided in the report.

Thus, the research study provides a holistic view of the global inulin market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above-mentioned factors.

Based on the application the global inulin market is segmented as follows:

• Food and Beverages
  • Bakery & Confectionery products
  • Cereals
  • Dairy products
  • Meat products
  • Sports drinks
  • Others
• Dietary Supplements
• Pharmaceuticals
• Others
•  

Inulin is a term used to describe a group of polysaccharides that is produced by numerous plants. It is a type of dietary fiber which is usually found in the roots of plants. Herb chicory is a plant from which most of the inulin is extracted. As a natural fiber, inulin provides a number of important health benefits, such as helps in preventing constipation, lowers cholesterol levels, and promotes good bacteria (probiotics) in the intestinal tract. Inulin is also considered as a prebiotic, which is a substance that nourishes and supports probiotics, which provides many health benefits on their own. 

The global inulin market can be segregated on the basis of applications including food & beverages, dietary supplements, pharmaceuticals and various other applications. Amongst various applications, inulin application in food & beverages segment held the largest market share in 2015. The food & beverages segment is further divided into bakery & confectionery products, cereals, dairy products, meat products, sports drink and others. The bakery & confectionery products held the largest share in the food & beverages segment. Such high consumption rate of bread within European countries creates significant growth opportunities for the materials used in its manufacturing. High demand of dairy products such as yogurts, ice-creams and cheese in Middle East is expected to increase production capacity in regions. Increase in dairy production in regions also increases the inulin demand in future.

For the purpose of this study, the global Inulin market is categorized into:

• North America
• Europe
• Asia Pacific
• Latin America (LATAM)
• Middle East and Africa (MEA)
•  

As of the current market scenario, the global Inulin market is dominated by European region with the market share of more than 40%. The highest market share of the region is attributed to rise in the awareness about the benefits of inulin and growth of food and beverages industry that will assist the market growth. The inulin market is concentrated in U.K. and Germany with share of more than 42%. Moreover, countries like Austria, Belgium, Denmark, France, Ireland, Italy, Norway, Greece, Germany, Netherlands, Portugal, Switzerland and United Kingdom have confirmed inulin as “dietary fiber.” North America has the second largest market share of the inulin market. 

Growth in lifestyle diseases, increasing awareness and higher spending power will lead to more demand for functional food; dietary fiber and animal feed market. Asia Pacific region is expected to report highest growth of the inulin market during 2016-2022. Positive outlook for the dairy industry, capacity expansion of baby food manufacturers like Nestle and Danone and the increasing demand for infant baby food formula in China and India will be the market drivers for growth. Research indicates that China, India and Indonesia will be a few of the fastest growing food and non-alcoholic beverage market in next five years in emerging markets.