The prebiotic ingredients market is estimated to be valued at USD 6.6 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 18 Bn by 2032, rising at a CAGR of 10.5% for 2022-32.
Numerous benefits associated with prebiotic ingredients such as strengthening the immune system, proper gut function, reduced stomach inflammation, prevent diarrhoea to mention a few are set to drive the market growth over the forecast period.
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Moreover, the prebiotic ingredients market accounts for 28% of the overall functional foods and natural health products market which was valued at 21.5 Bn in the year 2021.
“Prebiotic ingredients are natural, food compound ingredients that induce the activity or growth of favorable micro-organisms such as fungi or bacteria. Prebiotic fiber of the predominant type may vary according to the food. The food source such as unrefined barley, whole grain cereals, raw oats, and yacon are classified as prebiotic fiber sources. One of the biggest advantages of prebiotic ingredients is they are unaffected either by long term storage or by temperature and are highly stable. Prebiotic ingredients are resistant to the body’s gastric acid and enzymes, which are not digested, absorbed or destroyed as they travel through the digestive system. Prebiotic ingredients can be added to every type of supplement, drink, and food without compromising their efficiency,” says FMI.
Manufacturers Emphasize on Building Consumer Trust through Transparency in Production
New techniques have supplied customers with access to smart labels that allow them to monitor the product’s journey. Consumers are now requesting food businesses to improve transparency of their products, moving beyond their profile, ingredients and dietary concentration.
Consumers are demanding to know product origins-from how and where the components are derived when the end product was manufactured.
Trust and transparency have become significant difficulties in the food and beverage sector, as there are no rigid laws and rules on clear branding established by authorities. Companies began to use clear branding as a glittering generality for advertising and marketing reasons and used it to market their products as completely pure products.
Cleaner procedures are crucial for companies to sell transparency in their food products without marginalizing market demand.
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Support from health organizations and governments is one of the key reasons for the growth of the prebiotic ingredients market. The major concern of consumers is the safety and health-benefitting properties of food products they purchase.
Certifications and government approvals for food products become a primary concern for consumers, and this is becoming necessary for manufacturers in the food and beverage industry to use appropriate ingredients to gain trust of the consumers.
The support of the government for the use of prebiotic ingredients in various end-use industries is estimated to drive the prebiotic ingredients. Prebiotic ingredients are commonly used as a natural sweetener in various food applications, and the support from government and health organization is one of the main reason for growth of prebiotic ingredients market.
The prebiotic ingredients market is mainly segmented on the basis of ingredients, source and applications. By ingredients, the prebiotic ingredients market is segmented as-mannan-oligosaccharide, fructo-oligosacchride, galacto-oligosaccharide, inulin and others. By source, the prebiotic ingredients market is segmented into vegetables, cereals, roots and others.
Prebiotic ingredients with sourced from vegetables hold a significant share in the market, while their applications in cereals are anticipated to grow at a higher CAGR during the forecast period. By application, the market is segmented into clinical nutrition, dietary ingredients, functional food & beverages, dairy products, infant formula, breakfast cereal, meat products, and animal nutrition.
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