The global inulin market report provides an in-depth analysis of market growth in terms of volume, revenue, current and future trends. This research report helps to understand the current and future scope of the inulin market. The report covers detailed segmentation by application, and geographical regions. This report offers market drivers, restrains, and various opportunities. Moreover, the global inulin market report encompasses complete analysis of the market depending on its Porter’s five forces, value chain, vendor landscape, and regulatory framework. Various applications of global inulin market have been provided on both country and regional level.
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The global inulin market size is anticipated to raise from USD 880.9 billion to USD 2.03 billion at a CAGR of 10.9% during the prediction period. Increasing the application scope of probiotic ingredients market and food and beverages industry is expected to favor the global inulin market growth. Constant inulin market price is one of the major inulin market trend, likely to aid application development.
The global inulin market has been segmented into application, regions. Based on application, the market is classified as Dietary Supplements, Food and Beverages, Pharmaceutical and others. Among these, the Food & Beverage segment was the largest global inulin market share with more than 65% of the revenue in 2014. The rising importance of low calorie sugar consumption in food & Beverages industry is anticipated to drive the global inulin market growth. Dietary supplement segment is expected to grow at a steady rate into the coming years.
The increasing use of prebiotic ingredients and alternative probiotic is likely to restraint the inulin market growth. Extreme consumption of inulin is discomfort and allergenic in the digestive system and this aspect may limit its rising demand in the future.
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In terms of geography, the market is sub-segmented into Asia Pacific, North America, Europe, MEA, Central and South America. In between these, the Europe region is expected to account for the highest global inulin market share over the forecast period. Likewise, the Asia-Pacific market is projected to be the fastest growing global inulin market, due to the growth of end-use industries such as pharmaceuticals, food & beverages, and dietary supplements. India and China inulin market anticipated benefiting from government guidelines favoring FDI for the financial incentives schemes. The rise in functional food demand especially for infant formula is expected to drive the global inulin market growth during the prediction period.
Baby food industries such as Danone and Nestle have recently declared that rise in production capacity in China and India, which is likely to positive impact on inulin market. The government of India had recently announced for the subsidiary to chicory farming at the state level, this is expected to increase chicory roots production in the region.
Some of the prominent players in the global inulin market are Cosucra, Jarrow Formulas, Novabiorubber, Now Foods, Green Labs LLC, and others. The global inulin market is highly competitive due to there is very less range of companies which deals with inulin business. Currently many companies are concentrating on selling a high range of food products included of inulin as its demand will increase along with growing health awareness among consumers.
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What does the report include?
- The global inulin market study provides an in-depth analysis of the application.
- Drivers, restraints and opportunities for the market have been covered in the study.
- The study covers the different aspects of the value chain, Porters Five Forces, and vendor landscape analysis.
- The global inulin market report covers qualitative and quantitative analysis of the market segmented on the basis of application.
- Historical, current and forecast market data is provided for all the segments on a country basis.
- The study includes detailed profiles of key participants of the market based on product offerings, geographical presence, financial performance and recent initiative.
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