North America Prebiotic Ingredients Market Worth USD 2130 Million by 2023

Posted by rohan on July 24th, 2018

North America Prebiotic Ingredients market was worth USD 1230 million in 2018 and estimated to be growing at a CAGR of 11.55%, to reach USD 2130 Million by 2023.

The increase in the number of new modified prebiotic product launches by manufacturers, such low-fat and fortified breads with prebiotic ingredients, acts as catalysts for the growth in demand for prebiotic ingredients.

North America Prebiotic Ingredients market is segmented on the basis of Type into Oligosaccharides, Inulin, and Polydextrose. Based on Application, the market is segmented as Food & Beverages, Dietary Supplements, and Animal Feed. Further, on the basis of Source, the market is segmented into Roots, Grains, and Vegetables.

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This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as BENEO (Germany), Cargill (US), DuPont (US), FrieslandCampina (Netherlands), Fonterra (New Zealand), Kerry Group (Kerry) (Ireland), and Ingredion (US), Yakult Pharmaceutical (Japan), Royal Cosun (Netherlands), Beghin Meiji (France), Nexira (France), and Samyang Genex (South Korea).

Factors such as an increase in the adoption of healthy diets, a wide range of application in the food & beverage industry, and multifunctional nature of prebiotic ingredients are driving their market. The major restraining factor for the prebiotic ingredients market is low awareness regarding the difference between probiotic and prebiotic ingredients, and high manufacturing and R&D costs.

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North America Prebiotic Ingredients market Key Players:

  • Beghin Meiji
  • Beneo
  • Cargill
  • Dupont
  • Fonterra
  • Frieslandcampina
  • Ingredion
  • Kerry Group
  • Nexira
  • Royal Cosun
  • Samyang Genex
  • Yakult Pharmaceutical

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rohan
Joined: September 20th, 2017
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