What is Global Prebiotics Market?
The Global Prebiotics Market is a vast and dynamic sector that focuses on the production and distribution of prebiotics, which are non-digestible food ingredients that beneficially affect the host by selectively stimulating the growth and/or activity of one or a limited number of bacteria in the colon. These prebiotics are used in a variety of products, from food and beverages to dietary supplements, and have been linked to numerous health benefits, including improved gut health, enhanced immune function, and reduced risk of certain diseases. The market is driven by a growing awareness of these benefits among consumers, as well as increasing demand for healthier, more natural products. However, the market also faces challenges, such as regulatory hurdles and the need for more research to fully understand and maximize the potential of prebiotics. Despite these challenges, the market has shown strong growth in recent years. In 2022, the global prebiotics market was valued at US$ 153.1 million. Looking ahead, it is expected to reach US$ 214.8 million by 2029, growing at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2029. This growth is expected to be driven by continued consumer interest in health and wellness, as well as ongoing innovation in the development and application of prebiotics.
Global Prebiotics Market Outlook:
NO DATA The Global Prebiotics Market has shown significant growth in recent years, and this trend is expected to continue in the future. In 2022, the market was valued at US$ 153.1 million. By 2029, it is projected to reach US$ 214.8 million, representing a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2023 to 2029. This growth is being driven by a variety of factors, including increasing consumer awareness of the health benefits of prebiotics, growing demand for natural and healthy products, and ongoing innovation in the development and application of prebiotics. However, the market is also characterized by a high level of competition, with the top 5 companies accounting for about 34% of the market share. Despite this competition, the market offers significant opportunities for companies that are able to innovate and differentiate their products.
Report Metric | Details |
Report Name | Prebiotics Market |
Accounted market size in 2023 | US$ 161.2 million |
Forecasted market size in 2029 | US$ 214.8 million |
CAGR | 4.9 |
Base Year | 2023 |
Forecasted years | 2023 - 2029 |
Segment by Type |
|
Segment by Application |
|
Segment by Region |
|
By Company | Beneo, TATE & LYLE, FrieslandCampina, Meiji, Danisco (DuPont), Hayashibara, Sensus, Matsutani, Yakult, Cosucra, Ingredion, Roquette, Nisshoku, Nissin Sugar, CJ CheilJedang, Longlive, Bailong chuangyuan, Baolingbao Biologgy, Quantum Hi-Tech, Tailijie |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |