Report : Middle East & Africa 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 5.4% CAGR, the Middle East & Africa Prebiotic Ingredients Market is speculated to be worth US$ 117.32 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa prebiotic ingredients market was valued at US$ 85.51 million in 2022 and is expected to reach US$ 117.32 million by 2028, registering an annual growth rate of 5.4% from 2022 to 2028. The rising demand for prebiotics in animal feed and rising popularity of plant-based food products are the critical factors attributed to the market expansion.
Antibiotics, a feed additive, have been widely used in livestock diets for several decades due to their therapeutic effects. However, a few countries limit the use of certain types of antibiotics due to growing concerns about surging bacterial antibiotic resistance. Limitations on the use of antibiotics as growth promoters are directing livestock owners' attention to plant-based growth promoters. As a result of customer inclination toward safe food and regulatory concerns regarding the use of antibiotics, growth-promoting additive providers search for natural strategies to modulate gut development and health. Moreover, probiotics, prebiotics, and essential oils have been suggested as alternatives to antibiotics as probiotics are live microbial feed supplements that beneficially affect the host by improving intestinal microbial balance. The use of prebiotics as a possible alternative to antibiotics has received renewed interest due to the legislation prohibiting the use of sub-therapeutic amounts of antibiotics. Animal feed with prebiotics as an additive has been shown to increase the yield. Mannan-oligosaccharides are used in poultry feed as an alternative to antibiotics. Rising cases of digestive disorders in livestock, such as enteric infections and acidosis, further agitate the industry landscape. The numerous advantages of prebiotics on animal health, such as triggered animal growth rate, and milk and egg yield, are anticipated to drive the demand for prebiotics in animal feed. Growing knowledge of the benefits of prebiotics for animal health among pet owners, cattle farmers, and hobbyists is leading to huge opportunities for prebiotic ingredients manufacturing companies. To fulfill the demand of poultry owners for natural and wholesome feed, Cargill is delivering feed by adding essential oils to its Nutrena and Naturewise poultry feeds. In October 2021, Cargill launched poultry feed with essential oils for healthy flocks and maximized egg production. This feed is infused with prebiotics, probiotics, and yeast culture to optimize digestion and nutrient absorption.
On the contrary, lacking uniformity of regulations hurdles the growth of Middle East & Africa prebiotic ingredients market.
Based on type, the Middle East & Africa prebiotic ingredients market is segmented into Inulin, Galacto-oligosaccharides (GOS), Mannan-oligosaccharides (MOS), and others. The inulin segment held 56.8% market share in 2022, amassing US$ 48.57 million. It is projected to garner US$ 66.40 million by 2028 to expand at 5.4% CAGR during 2022–2028.
Based on form, the Middle East & Africa prebiotic ingredients market is bifurcated into powder and liquid. The powder segment held 79.6% market share in 2022, amassing US$ 68.06 million. It is projected to garner US$ 93.64 million by 2028 to expand at 5.5% CAGR during 2022–2028.
By application, the Middle East & Africa prebiotic ingredients market is fragmented into functional food and beverages, dietary supplements, animal feed, and others. With 78.0% share of the domain, the functional food and beverages segment dominated the market in 2022. It accrued US$ 66.71 million in 2022 and is estimated to generate US$ 91.20 million by 2028 to grow at a CAGR of 5.4% over the forecast period.
Based on country, the Middle East & Africa prebiotic ingredients market is categorized into Saudi Arabia, the UAE, South Africa, and the rest of Middle East & Africa. Our regional analysis states that the rest of Middle East & Africa captured 48.5% market share in 2022. It was assessed at US$ 41.49 million in 2022 and is likely to hit US$ 55.24 million by 2028, exhibiting a CAGR of 4.9% during the forecast period.
Key players dominating the Middle East & Africa prebiotic ingredients market are Cargill, Incorporated; DuPont; Ingredion; Nexira; and SOLACTIS; among others.
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email id email@example.com