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<strong>Prebiotics</strong> <strong>Market</strong> – Global Industry Analysis Report, Share,<br />
Size, Growth, Price Trends and Forecast 2016 – 2023:<br />
<strong>Fractovia</strong>.org<br />
The report on “<strong>Prebiotics</strong> <strong>Market</strong> Size By Ingredient (Inulin, GOS, FOS, MOS), By<br />
Application (Animal Feed, Food & Beverages [Dairy, Cereals, Baked Goods,<br />
Fermented Meat, Dry Foods], Dietary Supplements [Food, Nutrition, Infant<br />
Formulations]), Industry Analysis Report, Regional Outlook, Application<br />
Potential, Price Trends, Competitive <strong>Market</strong> Share & Forecast, 2016 – 2023”<br />
prebiotics market to exceed USD 7.5 billion with to grow 11.6% CAGR by 2023.<br />
Rising awareness as well as acceptance of the product coupled with regulatory<br />
confirmation of its proven benefits are the factors anticipated to drive the industry<br />
growth over the coming years. High consumer awareness about dietary supplements<br />
coupled with demand for dairy products is predicted to fuel the demand for prebiotics<br />
over the next eight years.<br />
<strong>Prebiotics</strong> find applications in daily foods, dairy products, and infant formulations. For<br />
instance, inulin helps in the growth of intestinal bacteria as well as mineral absorption.<br />
Growing occurrence of cardiovascular ailments, gut related diseases, and diabetes is<br />
predicted to create awareness about the beneficial applications of these products<br />
resulting in strong market penetration of functional foods and dietary supplements,<br />
expected to contribute over USD 60 billion, in terms of revenue, by 2023.<br />
The inulin prebiotics market expected to dominate the ingredient segment in terms of<br />
revenue, will contribute over USD 3.22 billion by 2023 owing to its growing use in<br />
baked foods and drinks in coming years. The MOS prebiotics market is anticipated to<br />
register a CAGR of 12% over the period of 2016-2023 as a result of its extensive use<br />
in animal feed to improve the gut health of swine, bovine, poultry, and aquaculture.<br />
The food & Beverages applications segment worth USD 2.7 billion in 2015, is predicted<br />
to surpass USD 6.4 billion by 2023 owing to the heavy demand for low-calorie food<br />
and dairy products. The animal feed applications segment worth USD 300 billion is<br />
likely to witness a stable growth over the forecast timeframe. The dietary supplements<br />
applications segment is predicted to surpass a revenue of USD 63 billion by 2023<br />
owing to the numerous applications of the product in infant formulations, sports<br />
supplements, and nutrition.<br />
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The Europe prebiotics market worth USD 1.4 billion in 2015, is predicted to surpass<br />
USD 3.28 billion by 2023 owing to the growing applications in dietary supplements and<br />
dairy products. The Asia Pacific prebiotics market is predicted to witness substantial<br />
gains over the forecast timeframe as a result of increasing gross income, population<br />
growth, and rising demand for milk items in China, Malaysia, and India. The North<br />
American market is anticipated to grow significantly over the period of 2016-2024. The<br />
U.S. is predicted to contribute substantially towards the regional growth with growing<br />
animal health concerns expected to promote the product demand.<br />
Key market players include Coscura, FrieslandCampina, BENEO, and Roquette.<br />
These industry players will try to expand their regional presence and increase their<br />
market share through product innovation, investments in R& D activities, and mergers<br />
& acquisitions.<br />
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