According to the latest report by IMARC Group, titled "Inulin Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027; the global inulin market reached a value of US$ 1.47 Billion in 2021. Inulin represents a white, mildly sweet, indigestible carbohydrate usually found in various fruits, herbs, and vegetables, which include wheat, onions, bananas, leeks, asparagus, etc. It is rich in fiber and low in calories and slows digestion, increases fullness, minimizes cholesterol absorption, etc. Inulin helps in promoting digestive health, controlling blood sugar levels, reducing the risk of colon cancer, etc. It also assists in stimulating the immune system, decreasing pathogenic bacteria in the intestine, relieving constipation, lowering the risk of osteoporosis by enhancing mineral absorption, etc. Inulin is extensively used in the manufacturing of confectionery items, milk desserts, baked goods, yogurt, fresh cheese, chocolates, etc.
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The growing utilization of inulin in the production of dairy products on account of its stabilizing, thickening, and emulsifying properties represents one of the primary factors driving the inulin market across the globe. Moreover, it also improves the stability of emulsions and foams, including aerated drinks, sauces, ice creams, table spreads, etc. Besides this, the increasing consumer concerns towards gut health due to elevating occurrences of gastrointestinal tract diseases are further propelling the growth of the market. Additionally, inulin offers numerous benefits, such as water solubility, low friability, stability against gastric and intestinal enzymes, etc., which, in turn, is also escalating the product demand. Moreover, the rising prevalence of diabetes due to physical inactivity among individuals is anticipated to bolster the inulin market over the forecasted period. Looking forward, IMARC Group expects the market to reach US$ 2.33 Billion by 2027, exhibiting at a CAGR of 8.05% during 2022-2027.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape:
BENEO GmbH (Südzucker AG)Cargill IncorporatedCiranda IncCosucra Groupe Warcoing SAJarrow Formulas IncNOW FoodsNutriagaves GroupPMV Nutrient Products Pvt LtdSensus B.V. (Coöperatie Koninklijke Cosun U.A.)Steviva Brands IncThe Tierra Group.Key Market Segmentation:
Breakup by Type:
Jerusalem Artichoke InulinChicory InulinAgave InulinBreakup by Form:
PowderLiquidBreakup by Nature:
OrganicConventionalBreakup by Application:
PharmaceuticalsDietary SupplementsFood and BeverageBakery and Confectionery ProductsCerealsMeat ProductsSports DrinksDairy ProductsOthersBreakup by Region:
North America (United States, Canada)Europe (Germany, France, United Kingdom, Italy, Spain, Others)Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)Latin America (Brazil, Mexico, Others)Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/inulin-market
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Key highlights of the report:
Market Performance (2016-2021)Market Outlook (2022-2027)Market TrendsMarket Drivers and Success FactorsThe Impact of COVID-19 on the Global MarketValue Chain AnalysisStructure of the Global MarketComprehensive mapping of the competitive landscapeIf you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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