Prebiotic Ingredients Market is expected to reach US$ 2,607.72 Million by 2028

Increasing Consumer Focus on Preventive Health

According to our latest market study, titled " Prebiotic Ingredients Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Form, and Application," the market is expected to grow from US$ 1,758.40 million in 2021 to US$ 2,607.72 million by 2028; it is expected to grow at a CAGR of 5.8% from 2022 to 2028.

The awareness regarding health and nutrition increased significantly in the last few years. Due to hectic work schedules and extended working hours, people pay less attention to their daily diet, health, and fitness. Prebiotics-infused supplements are known for nourishing human gut flora and significantly boosting their metabolic activity, improving digestion, nutrition absorption, and immune systems while inhibiting harmful microbe growth. The rising popularity of fiber-rich nutraceutical supplements among sports enthusiasts and athletes to build their stamina and endurance further boosts the demand for prebiotic ingredients and is driving the growth of prebiotic ingredients market. In response to the COVID-19 health crisis, consumers revisited their health and began searching for healthy eating alternatives and fitness activities to gain protection against lifestyle-related diseases. These factors are boosting the growth of the prebiotic ingredients market.

Key players operating in the prebiotic ingredients market are BENEO GmbH; COSUCRA; DuPont Nutrition & Biosciences; Clasado Ltd.; Nexira; Ingredion Incorporated; SOLACTIS; Cargill, Incorporated.; Sensus; and Roquette Frères. These key players of prebiotic ingredients are adopting product innovation strategies and investing in business expansions to meet the rising demand for prebiotic ingredients among various end-use industries.

Impact of COVID-19 Pandemic on Prebiotic Ingredients Market

During the initial phase of the COVID-19 pandemic, the implementation of lockdown restrictions and shutdown of manufacturing units led to a production shortfall, which created a demand and supply gap. These factors hampered the profitability of various small-scale and large-scale prebiotic ingredient manufacturers. The shutdown of manufacturing plants in leading countries in North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa disrupted the global supply chains, manufacturing activities, delivery schedules, and sales of various essential and nonessential goods. However, in 2021, the economies resumed their operations, which boosted the global marketplace, particularly the prebiotic ingredients market.

In 2021, manufacturers were allowed to operate with full capacity and could overcome the demand and supply gap. Consumers prioritize their health and actively search for healthy alternatives and fitness activities to prevent lifestyle-related illnesses, aiding the growth of the prebiotic ingredients market.

Prebiotic Ingredients Market Breakdown – by Region

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Prebiotic Ingredients Market Share, Size Report by 2028

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Prebiotic Ingredients Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Inulin, Fructo-oligosaccharides (FOS), Galacto-oligosaccharides (GOS), Mannan-oligosaccharides (MOS), and Others),  Form (Powder, and Liquid), and Application (Functional Food & Beverages, Dietary Supplements, Animal Feed, and Others)

The report segments the prebiotic ingredients market as follows:

The prebiotic ingredients market is segmented into type, form, and application. Based on type, the market is segmented into inulin, fructo-oligosaccharides (FOS), galacto-oligosaccharides (GOS), mannan-oligosaccharides (MOS), and others. Based on form, the market is segmented into powder and liquid. Based on application, the market is segmented into functional food & beverages, dietary supplements, animal feed, and others. By geography, the market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM).