Report : Asia Pacific Prebiotic Ingredients Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type [Inulin, Galacto-oligosaccharides (GOS), Mannan-oligosaccharides (MOS), and Others], Form (Powder and Liquid), and Application (Functional Food and Beverages, Dietary Supplements, Animal Feed, and Others)
At 7.2% CAGR, the Asia Pacific Prebiotic Ingredients Market is speculated to be worth US$ 1,007.01 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific prebiotic ingredients market was valued at US$ 663.07 million in 2022 and is expected to reach US$ 1,007.01 million by 2028, registering an annual growth rate of 7.2% from 2022 to 2028. The rising consumer focus on preventive health and surge in demand for prebiotic ingredients in food & beverages sector are the critical factors attributed to the market expansion.
The awareness regarding health and nutrition has increased significantly in the last few years. Because of hectic work schedules and extended working hours, people pay less attention to their daily diet, health, and fitness. Ignorance about proper diet may lead to various health issues such as obesity, diabetes, and digestive problems. This drives people’s focus toward preventive health and dietary supplements that offer health benefits without harmful effects. Prebiotics-infused supplements are known for their ability to nourish human gut flora and significantly boost their metabolic activity, hence improving digestion, nutrition absorption, and immune systems while inhibiting harmful microbe growth. Mannan-oligosaccharides (MOS) are a special prebiotic ingredient that interferes with the binding and colony formation of pathogens. Thus, it acts as a blocking agent in the intestinal area. Moreover, prebiotic supplements may offer health benefits, such as decreasing anxiety and alleviating irritable bowel syndrome (IBS) symptoms. A healthy digestive system has been linked to mental health and immune response improvements In response to the COVID-19 health crisis, consumers revisited their health and began searching for healthy eating alternatives and fitness activities to gain protection against lifestyle-related diseases. The popularity of immunity-boosting products, such as prebiotic-infused dietary supplements, rocketed in 2020–2021.
On the contrary, lacking uniformity of regulations hurdles the growth of Asia Pacific prebiotic ingredients market.
Based on type, the Asia Pacific prebiotic ingredients market is segmented into Inulin, Galacto-oligosaccharides (GOS), Mannan-oligosaccharides (MOS), and others. The inulin segment held 50.7% market share in 2022, amassing US$ 336.08 million. It is projected to garner US$ 508.89 million by 2028 to expand at 7.2% CAGR during 2022–2028.
Based on form, the Asia Pacific prebiotic ingredients market is bifurcated into powder and liquid. The powder segment held 73.6% market share in 2022, amassing US$ 487.98 million. It is projected to garner US$ 744.63 million by 2028 to expand at 7.3% CAGR during 2022–2028.
By application, the Asia Pacific prebiotic ingredients market is fragmented into functional food and beverages, dietary supplements, animal feed, and others. With 73.6% share of the domain, the functional food and beverages segment dominated the market in 2022. It accrued US$ 488.08 million in 2022 and is estimated to generate US$ 738.15 million by 2028 to grow at a CAGR of 7.1% over the forecast period.
Based on country, the Asia Pacific prebiotic ingredients market is categorized into China, Japan, India, Australia, South Korea , and the rest of Asia Pacific. Our regional analysis states that the rest of Asia Pacific captured 39.9% market share in 2022. It was assessed at US$ 264.82 million in 2022 and is likely to hit US$ 387.93 million by 2028, exhibiting a CAGR of 6.6% during the forecast period.
Key players dominating the Asia Pacific prebiotic ingredients market are Beneo GmbH; Cargill, Incorporated; Clasado Limited; COSUCRA; DuPont; Ingredion; Nexira; Roquette Freres; Sensus; and SOLACTIS; among others.
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