Report Code: CMI48412

Category: Food & Beverages

Report Snapshot

CAGR: 10.39%
6.15B
2023
6.79B
2024
16.53B
2033

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • BENEO
  • Roquette Frères
  • Ingredion Incorporated
  • Cosucra Groupe Warcoing SA
  • Cargill Incorporated
  • Tate & Lyle PLC
  • Others

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

Global Prebiotic Fiber Market was valued at USD 6.79 Billion in 2023 and is expected to reach USD 16.53 Billion by 2033, at a CAGR of 10.39% during the forecast period 2024 – 2033.

Prebiotic fibres are non-digestible fibers that serve as fuel for beneficial bacteria in the gut, promoting digestive health and potentially enhancing overall well-being.

Prebiotic Fiber Market: Growth Factors

Rising demand for functional foods.

The expanding functional food and beverage market plays a crucial role in driving the demand for prebiotic fibers. As consumers increasingly prioritize health and wellness, they are drawn to products that offer additional functional benefits beyond basic nutrition.

This trend has led to a growing market for functional foods and beverages fortified with prebiotic fibers, such as yogurt, granola bars, and various beverages.

The appeal of these products lies in their ability to promote digestive health, a key concern for many consumers. Prebiotic fibers, known for their role in supporting a healthy gut microbiome, have gained recognition for their potential to alleviate digestive issues and enhance overall well-being.

As a result, products containing prebiotic fibers have witnessed increasing popularity among health-conscious consumers, driving the market growth. The inclusion of prebiotic fibers in a wide range of functional foods and beverages further contributes to market expansion.

From breakfast cereals to protein bars, the presence of prebiotic ingredients enhances the nutritional profile of these products, making them more appealing to consumers seeking convenient and nutritious options.

Overall, the expanding functional food and beverage market serves as a significant driver for the growth of the prebiotic fiber market, reflecting the increasing consumer interest in digestive health and functional nutrition.

Increasing consumer awareness of the link between prebiotic fibers and digestive health

The rising prevalence of digestive disorders, including irritable bowel syndrome (IBS) and constipation, acts as a significant driver for the growth of the prebiotic fiber market.

As digestive issues become increasingly common among the global population, there is a heightened demand for products that can alleviate symptoms and promote gut health. Prebiotic fibers, known for their beneficial effects on the gut microbiome, are particularly sought after by consumers seeking relief from digestive discomfort.

For instance, individuals experiencing symptoms of IBS, such as abdominal pain, bloating, and irregular bowel movements, often turn to prebiotic supplements containing ingredients like inulin. Inulin, a type of prebiotic fiber found in foods like chicory root, is known for its ability to improve digestive function by stimulating the growth of beneficial bacteria in the gut. As awareness of the link between prebiotic fibers and digestive health grows, so does the demand for products containing these ingredients.

Furthermore, the increasing incidence of digestive disorders prompts healthcare professionals to recommend prebiotic fiber supplements as part of dietary management strategies. This endorsement from medical professionals further drives consumer interest and fuels market growth.

Overall, the rising prevalence of digestive disorders acts as a compelling market growth driver for prebiotic fiber products, reflecting the growing importance of digestive health today.

Prebiotic Fiber Market: Restraints

Maintaining Viability and Stability of Probiotic Strains

Maintaining the viability and stability of probiotic strains throughout production and shelf life is intricate, given their sensitivity to environmental factors such as temperature and acidity. This complexity requires meticulous formulation techniques and ingredient compatibility to ensure the survival of probiotic cultures, hindering the seamless development of probiotic-containing functional foods with prebiotic fibers.

Additionally, navigating stringent regulatory standards further complicates the landscape, prolonging product development timelines and escalating compliance costs. Consumer perceptions, influenced by factors like taste and texture, add another layer of complexity, impeding market adoption despite the synergistic benefits of probiotics and prebiotic fibers.

Leading manufacturers like Nestlé, Danone, and Kellogg’s encounter substantial challenges in this endeavor. Nestlé’s significant investment in R&D, exceeding $2 billion annually, highlights the gravity of the technical hurdles in formulating probiotic-containing functional foods with added prebiotic fibers.

Similarly, Danone’s extensive revenue from probiotic products underscores the market potential, yet the incorporation of prebiotic fibers demands additional investments in research and manufacturing. These examples underscore the financial commitments and technical complexities inhibiting market growth, illustrating the formidable restraints faced by key players in the prebiotic fiber market.

Global Prebiotic Fiber Market 2024–2033 (By Nature)

www.custommarketinsight.com

Prebiotic Fiber Market: Opportunities

Increased consumer awareness of prebiotic benefits driving product demand across various industries.

The increased demand for prebiotic ingredients in human and animal nutrition represents a significant opportunity for market growth. Consumers are becoming more aware of the benefits of prebiotics, leading to the introduction of numerous new products across various industries.

This heightened consumer awareness has greatly accelerated market expansion. Prebiotics are now essential components of many food formulations, particularly in dairy products, aimed at promoting probiotic growth and enhancing nutritional value.

Research from BENEO indicates a strong consumer preference for prebiotic claims in food and beverage products, especially in dairy drinks, spoonable yogurt, and infant/children’s dairy items.

Additionally, the growing demand for livestock products has driven notable changes in the supply chain, focusing on enhancing livestock productivity by stimulating intestinal microflora. This trend is particularly evident due to the ban on antibiotics in the animal feed industry, further driving the adoption of prebiotic ingredients.

In response to these market dynamics, industry players are strategically investing to capture market share. For example, Archer Daniels Midland Company’s acquisition of Biopolis underscores a strategic focus on expanding capabilities in microbial technologies, personalized increasing demand for prebiotic solutions in both human and animal nutrition sectors.

Global Prebiotic Fiber Market 2024–2033 (By Product Type)

www.custommarketinsight.com

Prebiotic Fiber Market: Segmentation Analysis

Global Prebiotic Fiber market is segmented by Type, and application region.

Based on Type, the market is classified into Inulin, Fructo-oligosaccharides (FOS), galacto-oligosaccharides (GOS), Polydextrose and Others. The market in 2023 with a market share of 26.28 % and is expected to keep its dominance during the forecast period 2024-2033.

Inulin, as a widely utilized prebiotic fiber, features prominently in food and beverage products like dairy, bakery, and cereals due to its versatility and effectiveness in promoting gut health.

Fructo-oligosaccharides (FOS), known for their sweet taste and low-calorie profile, are commonly used in dietary supplements and functional foods targeting digestive wellness. Galacto-oligosaccharides (GOS) exhibit excellent prebiotic properties, particularly beneficial for infant formula and dairy products, owing to their similarity to human milk oligosaccharides.

Polydextrose, a soluble fiber with a low glycemic index, is favored in sugar-free and low-calorie food applications like confectionery and beverages. Other prebiotic fiber types, such as oligosaccharides and resistant starches, find niche applications in specialized dietary products and animal feed formulations. Each type caters to specific consumer needs and preferences, contributing to the dynamic landscape of the prebiotic fiber market.

Based on Application, the market is classified into Food & Beverages, Dietary Supplements, and Animal Feed. Food and beverage dominated the market in 2023 with a market share of 39.25 % and is expected to keep its dominance during the forecast period 2024-2033.

Food and beverage applications dominate the market, encompassing a wide range of products such as dairy, bakery items, beverages, cereals, and snacks. Prebiotic fibers are extensively incorporated into these products to enhance their nutritional value and promote digestive health, with dairy products and beverages being primary segments due to their compatibility with prebiotic ingredients.

Dietary supplements represent another significant application segment, offering convenient and concentrated forms of prebiotic fibers for consumers seeking targeted health benefits. While this segment continues to grow steadily, it remains smaller compared to food and beverages. Animal feed, although a smaller segment, is witnessing increasing adoption, driven by the ban on antibiotics and the growing emphasis on livestock health and productivity.

Prebiotic fibers in animal feed aim to improve gut health and overall performance, particularly in poultry and swine farming. Overall, each application segment contributes uniquely to the market, catering to diverse consumer needs and industry requirements.

Report Scope

Feature of the Report Details
Market Size in 2024 USD 6.79 Billion
Projected Market Size in 2033 USD 16.53 Billion
Market Size in 2023 USD 6.15 Billion
CAGR Growth Rate 10.39% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Type, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Prebiotic Fiber Market:  Regional Analysis

North America dominated the Prebiotic Fiber Market, driven by a robust demand for functional foods and dietary supplements aimed at enhancing digestive health and overall wellness.

Europe emerges as a rapidly growing region in the Prebiotic Fiber Market, with prebiotic fibers extensively incorporated into food and beverage products, particularly dairy items, cereals, and snacks, catering to the increasing consumer inclination towards gut-friendly options.

The surge in demand for fortifying foods with prebiotic elements is anticipated to drive market expansion in Europe, where inulin, a widely utilized ingredient, acts as a healthier alternative to fat and sugar. Notably, Spain leads the region with almost 14.8% of adults aged 20 to 79 diagnosed with diabetes in 2021, followed by Portugal, Germany, Italy, Finland, and France, as reported by the International Diabetes Federation.

In Asia-Pacific, the market demonstrates rapid expansion, driven by increasing health consciousness and dietary shifts towards functional foods and beverages enriched with prebiotic fibers. Latin America witnesses a rising trend in prebiotic consumption, primarily driven by growing awareness of gut health benefits and the introduction of innovative prebiotic-fortified products across various categories.

Additionally, the Middle East and Africa region, though currently smaller in market size, exhibit growth potential, spurred by improving economic conditions, urbanization, and a burgeoning interest in health and wellness products. Each region contributes uniquely to the global prebiotic fiber market, reflecting diverse consumer preferences and market dynamics.

Global Prebiotic Fiber Market 2024–2033 (By Billion)

www.custommarketinsight.com

Prebiotic Fiber Market: Recent Developments

  • In November 2022, ADM finalized the acquisition of Deerland Probiotics and Enzymes, a Georgia-based company specializing in probiotic and dietary supplements employing probiotic, prebiotic, and enzyme technologies. The acquisition adds five manufacturing facilities, one fermentation facility, and eight global R&D and quality control labs to ADM’s portfolio.
  • In November 2021, Archer Daniels Midland Company expanded its health and wellness product portfolio through the acquisition of Deerland Probiotics, Prebiotics, and Enzymes. This strategic move enhances ADM’s position in the nutrition and agricultural origination and processing industries.
  • In July 2021, Cosucra secured a EUR 10 million investment to meet the growing demand for plant-based, balanced, and transparent ingredients. The investment, provided by Societe Regionale d’Investissement de Wallonie (SRIW), the European Investment Bank (EIB), and Sofiproteol, aims to bolster development in the food and agro-industry chain, including prebiotic ingredients.

List of the prominent players in the Prebiotic Fiber Market:

  • BENEO
  • Roquette Frères
  • Ingredion Incorporated
  • Cosucra Groupe Warcoing SA
  • Cargill Incorporated
  • Tate & Lyle PLC
  • Jarrow Formulas
  • Kerry Group
  • Nexira
  • Yakult Honsha Co. Ltd.
  • Dupont de Nemours Inc.
  • Royal Cosun
  • Sensus
  • Lonza Group AG
  • Clasado Biosciences
  • Fonterra Co-operative Group Limited
  • ADM (Archer Daniels Midland Company)
  • Nature’s Way Products LLC
  • NOW Foods
  • Givaudan SA
  • Others

These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.

The Prebiotic Fiber Market is segmented as follows:

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Galacto-Oligosaccharide
  • Fructo-Oligosaccharide
  • Mannan-Oligosaccharide
  • Inulin
  • Others

By Application:

  • Food and Beverages
  • Baked Foods
  • Dairy
  • Breakfast Snacks
  • Animal Feed
  • Nutritional Supplements
  • Others

By Sales Channel:

  • Direct Sales
  • Indirect Sales
  • Supermarket/Hypermarket
  • Online Stores
  • Retail Stores

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Prebiotic Fiber Market, (2024 – 2033) (USD Billion)
    • 2.2 Global Prebiotic Fiber Market: snapshot
  • Chapter 3. Global Prebiotic Fiber Market – Industry Analysis
    • 3.1 Prebiotic Fiber Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising demand for functional foods.
      • 3.2.2 Increasing consumer awareness of the link between prebiotic fibers and digestive health
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Type
      • 3.7.2 Market Attractiveness Analysis By Application
  • Chapter 4. Global Prebiotic Fiber Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Prebiotic Fiber Market: Company Market Share, 2023
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Prebiotic Fiber Market – Type Analysis
    • 5.1 Global Prebiotic Fiber Market Overview: By Type
      • 5.1.1 Global Prebiotic Fiber Market Share, By Type, 2023 and 2033
    • 5.2 Inulin
      • 5.2.1 Global Prebiotic Fiber Market by Inulin, 2024 – 2033 (USD Billion)
    • 5.3 Fructo-oligosaccharides (FOS)
      • 5.3.1 Global Prebiotic Fiber Market by Fructo-oligosaccharides (FOS), 2024 – 2033 (USD Billion)
    • 5.4 Galacto-oligosaccharides (GOS)
      • 5.4.1 Global Prebiotic Fiber Market by Galacto-oligosaccharides (GOS), 2024 – 2033 (USD Billion)
    • 5.5 Polydextrose
      • 5.5.1 Global Prebiotic Fiber Market by Polydextrose, 2024 – 2033 (USD Billion)
    • 5.6 Others
      • 5.6.1 Global Prebiotic Fiber Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 6. Global Prebiotic Fiber Market – Application Analysis
    • 6.1 Global Prebiotic Fiber Market Overview: By Application
      • 6.1.1 Global Prebiotic Fiber Market Share, By Application, 2023 and 2033
    • 6.2 Food & Beverages
      • 6.2.1 Global Prebiotic Fiber Market by Food & Beverages, 2024 – 2033 (USD Billion)
    • 6.3 Dietary Supplements
      • 6.3.1 Global Prebiotic Fiber Market by Dietary Supplements, 2024 – 2033 (USD Billion)
    • 6.4 Animal Feed
      • 6.4.1 Global Prebiotic Fiber Market by Animal Feed, 2024 – 2033 (USD Billion)
  • Chapter 7. Prebiotic Fiber Market – Regional Analysis
    • 7.1 Global Prebiotic Fiber Market Regional Overview
    • 7.2 Global Prebiotic Fiber Market Share, by Region, 2023 & 2033 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Prebiotic Fiber Market, 2024 – 2033 (USD Billion)
        • 7.3.1.1 North America Prebiotic Fiber Market, by Country, 2024 – 2033 (USD Billion)
    • 7.4 North America Prebiotic Fiber Market, by Type, 2024 – 2033
      • 7.4.1 North America Prebiotic Fiber Market, by Type, 2024 – 2033 (USD Billion)
    • 7.5 North America Prebiotic Fiber Market, by Application, 2024 – 2033
      • 7.5.1 North America Prebiotic Fiber Market, by Application, 2024 – 2033 (USD Billion)
    • 7.6. Europe
      • 7.6.1 Europe Prebiotic Fiber Market, 2024 – 2033 (USD Billion)
        • 7.6.1.1 Europe Prebiotic Fiber Market, by Country, 2024 – 2033 (USD Billion)
    • 7.7 Europe Prebiotic Fiber Market, by Type, 2024 – 2033
      • 7.7.1 Europe Prebiotic Fiber Market, by Type, 2024 – 2033 (USD Billion)
    • 7.8 Europe Prebiotic Fiber Market, by Application, 2024 – 2033
      • 7.8.1 Europe Prebiotic Fiber Market, by Application, 2024 – 2033 (USD Billion)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Prebiotic Fiber Market, 2024 – 2033 (USD Billion)
        • 7.9.1.1 Asia Pacific Prebiotic Fiber Market, by Country, 2024 – 2033 (USD Billion)
    • 7.10 Asia Pacific Prebiotic Fiber Market, by Type, 2024 – 2033
      • 7.10.1 Asia Pacific Prebiotic Fiber Market, by Type, 2024 – 2033 (USD Billion)
    • 7.11 Asia Pacific Prebiotic Fiber Market, by Application, 2024 – 2033
      • 7.11.1 Asia Pacific Prebiotic Fiber Market, by Application, 2024 – 2033 (USD Billion)
    • 7.12. Latin America
      • 7.12.1 Latin America Prebiotic Fiber Market, 2024 – 2033 (USD Billion)
        • 7.12.1.1 Latin America Prebiotic Fiber Market, by Country, 2024 – 2033 (USD Billion)
    • 7.13 Latin America Prebiotic Fiber Market, by Type, 2024 – 2033
      • 7.13.1 Latin America Prebiotic Fiber Market, by Type, 2024 – 2033 (USD Billion)
    • 7.14 Latin America Prebiotic Fiber Market, by Application, 2024 – 2033
      • 7.14.1 Latin America Prebiotic Fiber Market, by Application, 2024 – 2033 (USD Billion)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa Prebiotic Fiber Market, 2024 – 2033 (USD Billion)
        • 7.15.1.1 The Middle-East and Africa Prebiotic Fiber Market, by Country, 2024 – 2033 (USD Billion)
    • 7.16 The Middle-East and Africa Prebiotic Fiber Market, by Type, 2024 – 2033
      • 7.16.1 The Middle-East and Africa Prebiotic Fiber Market, by Type, 2024 – 2033 (USD Billion)
    • 7.17 The Middle-East and Africa Prebiotic Fiber Market, by Application, 2024 – 2033
      • 7.17.1 The Middle-East and Africa Prebiotic Fiber Market, by Application, 2024 – 2033 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 BENEO
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Roquette Frères
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Ingredion Incorporated
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Cosucra Groupe Warcoing SA
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Cargill Incorporated
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Tate & Lyle PLC
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Jarrow Formulas
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Kerry Group
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Nexira
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Yakult Honsha Co. Ltd.
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 Dupont de Nemours Inc.
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 Royal Cosun
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments
    • 8.13 Sensus
      • 8.13.1 Overview
      • 8.13.2 Financials
      • 8.13.3 Product Portfolio
      • 8.13.4 Business Strategy
      • 8.13.5 Recent Developments
    • 8.14 Lonza Group AG
      • 8.14.1 Overview
      • 8.14.2 Financials
      • 8.14.3 Product Portfolio
      • 8.14.4 Business Strategy
      • 8.14.5 Recent Developments
    • 8.15 Clasado Biosciences
      • 8.15.1 Overview
      • 8.15.2 Financials
      • 8.15.3 Product Portfolio
      • 8.15.4 Business Strategy
      • 8.15.5 Recent Developments
    • 8.16 Fonterra Co-operative Group Limited
      • 8.16.1 Overview
      • 8.16.2 Financials
      • 8.16.3 Product Portfolio
      • 8.16.4 Business Strategy
      • 8.16.5 Recent Developments
    • 8.17 ADM (Archer Daniels Midland Company)
      • 8.17.1 Overview
      • 8.17.2 Financials
      • 8.17.3 Product Portfolio
      • 8.17.4 Business Strategy
      • 8.17.5 Recent Developments
    • 8.18 Nature’s Way Products LLC
      • 8.18.1 Overview
      • 8.18.2 Financials
      • 8.18.3 Product Portfolio
      • 8.18.4 Business Strategy
      • 8.18.5 Recent Developments
    • 8.19 NOW Foods
      • 8.19.1 Overview
      • 8.19.2 Financials
      • 8.19.3 Product Portfolio
      • 8.19.4 Business Strategy
      • 8.19.5 Recent Developments
    • 8.20 Givaudan SA
      • 8.20.1 Overview
      • 8.20.2 Financials
      • 8.20.3 Product Portfolio
      • 8.20.4 Business Strategy
      • 8.20.5 Recent Developments
    • 8.21 Others.
      • 8.21.1 Overview
      • 8.21.2 Financials
      • 8.21.3 Product Portfolio
      • 8.21.4 Business Strategy
      • 8.21.5 Recent Developments
List Of Figures

Figures No 1 to 22

List Of Tables

Tables No 1 to 52

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2033

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2033
  • Market revenue estimates and forecasts up to 2033, by technology
  • Market revenue estimates and forecasts up to 2033, by application
  • Market revenue estimates and forecasts up to 2033, by type
  • Market revenue estimates and forecasts up to 2033, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • BENEO
  • Roquette Frères
  • Ingredion Incorporated
  • Cosucra Groupe Warcoing SA
  • Cargill Incorporated
  • Tate & Lyle PLC
  • Jarrow Formulas
  • Kerry Group
  • Nexira
  • Yakult Honsha Co. Ltd.
  • Dupont de Nemours Inc.
  • Royal Cosun
  • Sensus
  • Lonza Group AG
  • Clasado Biosciences
  • Fonterra Co-operative Group Limited
  • ADM (Archer Daniels Midland Company)
  • Nature’s Way Products LLC
  • NOW Foods
  • Givaudan SA
  • Others

FAQs

The major driver for the Prebiotic Fiber marketis Increasing consumer awareness of the link between prebiotic fibers and digestive health.

The “Food & Beverages” had the largest share in the global market for Prebiotic Fiber.

The “Inulin” category dominated the market in 2023.

The key players in the market are BENEO, Roquette Frères, Ingredion Incorporated, Cosucra Groupe Warcoing SA, Cargill Incorporated, Tate & Lyle PLC, Jarrow Formulas, Kerry Group, Nexira, Yakult Honsha Co. Ltd., Dupont de Nemours Inc., Royal Cosun, Sensus, Lonza Group AG, Clasado Biosciences, Fonterra Co-operative Group Limited, ADM (Archer Daniels Midland Company), Nature’s Way Products LLC, NOW Foods, Givaudan SA, Others.

“North America” had the largest share in the Prebiotic Fiber Market.

The global market is projected to grow at a CAGR of 10.39% during the forecast period, 2024-2033.

The Prebiotic Fiber Market size was valued at USD 6.79 Billion in 2024.

PURCHASE OPTIONS

$

3990


$

4990


$

5990


$

2290


$

2390

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • Report in your Language.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Report in your Language.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • In-Depth Company Profiles.
  • SWOT Analysis.
  • Identify your Competitors.
  • Recent Development Analysis.
  • Competitor Pricing Strategies.
  • Competitor Marketing Strategies.
  • Competitor Positioning and Messaging.
  • Competitor Product’s Strengths.
  • Free 20% or 10 Hours of Customisation.
  • 15% Discount on your Next Purchase.
  • Upgradable to other licenses.
  • PDF Format.
  • Permission to Print the Report.

Want to customize this report?
100% FREE CUSTOMIZATION!