The global Inulin market gathered revenue around USD 377.9 Million in 2020 and market is set to grow USD 698.9 Million by the end of 2027 and is estimated to expand at a modest CAGR of 6.1% during the prediction period 2021 to 2027.
The global inulin market has witnessed significant growth in recent years. This growth is attributed to the growing development for the benefits of inulin, increasing awareness towards health-friendly foods, growing demand for naturally derived ingredients, growing dairy industry, and growth in the pharmaceutical sector. Other factors such as increasing awareness towards health-friendly foods, the fast-growing significance of nutraceuticals, and increasing use of alternative prebiotic and probiotic ingredients will spur the demand for inulin.
Inulin is a form of dietary fiber and has several benefits like improving digestive health, aiding weight loss, and helping control diabetes. It is most commonly used by mouth for high blood fats. Inulin is highly used for constipation, diarrhea, diabetes, and weight loss. The various health benefits of inulin are: improves digestive health, promotes weight loss, relieves constipation, improves mineral absorption and bone health, helps control diabetes, and supports heart health. It is also a type of soluble fiber that is found in various plants.
The global inulin market is expected to witness significant growth, owing to the rising demand for low-calorie sugar consumption in the food & beverage sector, increasing demand from the dairy industry used for formulations in ice cream, yogurts and cheese, and increasing demand for infant food formula. The factors restraining the market growth are other dietary fibers and prebiotic ingredients, high R&D cost, excessive consumption of inulin, allergic and discomfort in the digestive system, and growing chicory roots production.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Inulin market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Inulin market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Inulin market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Rising Demand for More Efficient Animal Feed Solutions
Feed prices are prohibitively high with detrimental effects on producer profitability and consumer prices, which compels farmers to search for alternatives in saving feed cost without hampering the animal performance.
Healthy gut microbiota are key to efficient nutrient absorption, ensuring stable growth and wellbeing of all animal species. The inulin is a non-digestible oligosaccharides that is fermented in the gastrointestinal tract of farm animals and pets. Inulin can support animal performance and health by affecting nutrient digestion, gut microflora, and gut morphology.
Challenges for Wheat Starch Manufacturers
The tightening of regulations around supplement manufacturing, product safety, and efficacy claims about food products hinder market growth. Over the past year, there has been a noted increase in FDA enforcement actions pertaining to food and dietary supplement labelling violations. Manufacturers will need to be more careful with the language they chose to put on labels to avoid making either implied nutrient content claims or efficacy/health benefit claims. Tighter regulations will also be applied to manufacturing processes and practices in order to ensure quality and safety in light of recent recalls. These factors are expected to slow down the growth of the Inulin market.
| Report Highlights | Details |
| Market Size | USD 698.9 Million by 2027 |
| Growth Rate | CAGR of 6.1% From 2021 to 2027 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2027 |
| Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
| Segments Covered | Nature, Source, Form, Application and region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Companies Mentioned | Ingredion Incorporated,Cargill Incorporated,Archer Daniels Midland Company,Tereos S.A.,BENEO,Nexira,COSUCRA,Sensus,Ingredion Incorporated,Cargill Incorporated,Archer Daniels Midland Company,Tereos S.A.,BENEO,Nexira,COSUCRA,Sensus |
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Inulin Market include: Ingredion Incorporated ,Cargill Incorporated,Archer Daniels Midland Company ,Tereos S.A. ,BENEO ,Nexira ,COSUCRA,Sensus, NOW Health Group, Inc., Steviva Brands, Inc., Naturel West Corp EU B.V., The Tierra Group ,The Green Labs LLC ,IntrinsicOrganics ,Bioway (Xi'An) Organic Ingredients Co.,Ltd , among others
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Inulin Market Segmentation
Inulin Market by Nature
Inulin Market by Source
Inulin Market by Form
Inulin Market by Application
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Inulin market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Inulin market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Inulin markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Inulin market Study:
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers