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Prebiotics Market Trends 2019 Forecast 2024 | driven by Dietary supplements industry growth

Sep 11, 2019 (AmericaNewsHour) --

According to Global Market Insights, Prebiotics Market provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Prebiotics industry.

2016 Market Size – USD 3.4 billion

2024 Forecast Value – 7.2 billion +

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/410

With potentially growing interest in the improvement of digestive health through supplements, prebiotics market size has indeed observed a striking ascent in the last few years. Vital foods that have long since been a natural source for prebiotics, have now witnessed a decline in consumption, plausibly on account of the changing lifestyle habits. In consequence, this paradigm shift in meal consumption has manifested itself in the form of obesity, Alzheimer's, diabetes, cancer and myriad other diseases that are now widespread across the globe. Amidst this scenario, the importance of prebiotics that act as a type of fertilizer to the beneficial bacteria already present in the gut has been doubly stressed upon, which has indeed also had a major impact on the popularity of prebiotics industry. Prebiotics are naturally present in foods like leeks, onions, garlic, bananas, wheat grain, yogurt and biscuits. However, prebiotics are being added to an expanding array of food products that can be as varied as puddings to frozen chicken, owing to which prebiotics market has been gaining increased momentum since the last few years.

It is prudent to mention that prebiotics industry is also being propelled by the globally growing awareness about health and immunity, in tandem with - ironically, the rising demand for probiotics. These products provide improved gastrointestinal health to the host when administered in measured amounts. However, they are also very delicate and can often be rendered ineffective by stomach acids and heat even before they are digested, on account of which prebiotics are required to strengthen the functioning of probiotics. Currently, despite the probiotic industry having sustained for a longer duration, prebiotics market seems to be growing faster as prebiotics alone can contribute much as far as the improvement of gastrointestinal health and immunity is concerned, as opposed to probiotics that cannot function unaided. The fact that the gastrointestinal tract has different immunity functions as compared to the rest of the body has not been fully appreciated until recently. However, with the support of the medical community, this fact is now being emphasized that the gastrointestinal tract contains more than 80% of the antibody producing cells of the body. Consequently, prebiotics market has begun to witness unprecedented demand as consumers are paying more attention to maintain gastrointestinal health. Digestive immunity had long been considered vulnerable in infants and aging people. However, the growing health conscious population of all ages are now adopting various means of boosting digestive health thus stimulating the prebiotics industry.

Key Highlights of this report:

Base Year: 2016

Growth Projections – 2017 to 2024

Historical data coverage: 2013 to 2016

Number of Pages – 235

Data Tables – 261

One of the most lucrative end-use domains of prebiotics market is the F&B sector. The rise in lifestyle diseases like diabetes and obesity, especially in Europe and the US has increased awareness among the regional and global populace, enabling them to have a renewed look at their diet. Subsequently, this changed outlook has augmented prebiotics market size from the sub-verticals of the F&B sector. Say for instance, subject to the increased demand of fermented meat owing to its effectiveness in improving fiber functionality, it has been forecast that prebiotic industry share from fermented meat applications will witness a CAGR of 13% over 2017-2024. Speaking along similar lines, prebiotics market has also found potential growth avenues through the animal feed sector. With the restriction of use of antibiotics and growth hormones in animal feed, use of prebiotics in the same has gained momentum as prebiotics enhance metabolism and enhance the overall health of livestock.

Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:

  1. DuPont
  2. Cargill
  3. Abbott
  4. FrieslandCampina
  5. Sigma-Aldrich
  6. Weetabix
  7. BENEO
  8. Cosucra Groupe Warcoing SA
  9. Yakult USA
  10. ROQUETTE FRERES
  11. Jarrow Formulas
  12. Groupe SOLACTIS SAS
  13. Mitushi Biopharma
  14. BEGHIN MEIJI

Gaining consumer confidence would be one of the many challenges faced by prebiotics market players. The concept of prebiotics has not become as popular as the concept of probiotics so far, and a large percentage of consumers are not only skeptical, but also refusing to compromise on appetizing products for the sake of healthy eating. However, as the digestive and immunity enhancing qualities of prebiotics are increasingly coming to light, it is estimated that the prebiotics market will witness exponential growth in the years ahead. As per estimates, prebiotics industry size will cross USD 8.5 billion by 2024, from a valuation of USD 3.5 billion in 2016.

Prebiotics market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2013 to 2024, for the following segments:
 

 Prebiotics Market, By Ingredient

  • Mannan-Oligosaccharide (GOS)
  • Inulin
  • Fructo-Oligosaccharide (FOS)
  • Galacto-oligosaccharides (GOS)
  • Others

Prebiotics Market By Application

  • Food & Beverages
    • Baked Food
    • Fermented Meat Product
    • Dairy
    • Dry Food
    • Cereals
    • Others
  • Dietary Supplement
    • Specialty Nutrients
    • Food Supplement
    • Infant Formula
    • Nutritional Supplement
  • Animal Feed

 Browse complete table of content of this report @

https://www.gminsights.com/toc/detail/prebiotics-market

Research Methodology:

At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:

Definition and scope of research 
Market dynamics, growth drivers and industry pitfalls 
Regulatory and political guidelines for the industry 
Demographics and statistical data 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

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The post Prebiotics Market Trends 2019 Forecast 2024 | driven by Dietary supplements industry growth appeared first on America News Hour.

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