According to the latest report by IMARC Group, titled “Inulin Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027; the global Inulin market reached a value of US$ 1.47 Billion in 2021. 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.
Inulin is a naturally occurring prebiotic fiber found in many plant-based foods, such as vegetables, fruits, herbs, wheat, artichokes, onions, bananas, leeks, and asparagus. It is used by plants as a means of storing energy and is typically found in rhizomes or roots. Inulin is rich in fiber that nourishes the good bacteria in the gut to improve bowel function, stimulate the immune system, and decrease pathogenic bacteria in the intestine. It aids in regulating weight, promoting digestive health, controlling blood sugar levels, minimizing cholesterol absorption, relieving constipation, and minimizing the risk of osteoporosis.
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Inulin Market Trends:
The rising consumer awareness regarding the benefits of inulin represents one of the key factors primarily bolstering the market growth. Besides this, the escalating use of inulin in manufacturing confectionery items, yogurt, milk desserts, baked goods, fresh cheese, and chocolates is providing an impetus to the market growth. Additionally, the shifting dietary preferences and rising product applications as a vaccine stabilizer, drug delivery agent, and coating for tablets and capsules in the pharmaceutical sector are boosting the market growth. Moreover, surging concerns about gut health, increasing cases of gastrointestinal tract disease and diabetes, and the burgeoning geriatric population are creating a positive outlook for the market.
Inulin Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the Inulin market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- BENEO GmbH (Südzucker AG)
- Cargill Incorporated
- Ciranda Inc
- Cosucra Groupe Warcoing SA
- Jarrow Formulas Inc
- NOW Foods
- Nutriagaves Group
- PMV Nutrient Products Pvt Ltd
- Sensus B.V. (Coöperatie Koninklijke Cosun U.A.)
- Steviva Brands Inc
- The Tierra Group.
Key Market Segmentation:
Breakup by Type:
- Jerusalem Artichoke Inulin
- Chicory Inulin
- Agave Inulin
Breakup by Form:
- Powder
- Liquid
Breakup by Nature:
- Organic
- Conventional
Breakup by Application:
- Pharmaceuticals
- Dietary Supplements
- Food and Beverage
- Bakery and Confectionery Products
- Cereals
- Meat Products
- Sports Drinks
- Dairy Products
- Others
Breakup 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)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If 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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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