Inulin Market Region, Application and end-use Industry up to 2020
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<strong>Inulin</strong> <strong>Market</strong> <strong>Region</strong>, <strong>Application</strong> <strong>and</strong> <strong>end</strong>-<strong>use</strong> <strong>Industry</strong> <strong>up</strong> <strong>to</strong><br />
<strong>2020</strong><br />
“Global inulin market dem<strong>and</strong> was estimated at 246.5 kilo <strong>to</strong>ns<br />
in 2013. The dem<strong>and</strong> is for these products is expected <strong>to</strong> witness<br />
rapid growth owing <strong>to</strong> increasing usage of prebiotic ingredients<br />
for production of different food & beverages products.”<br />
Global <strong>Inulin</strong> <strong>Market</strong> dem<strong>and</strong> was estimated at 246.5 kilo <strong>to</strong>ns in 2013. The dem<strong>and</strong> is for these products is<br />
expected <strong>to</strong> witness rapid growth owing <strong>to</strong> increasing usage of prebiotic ingredients for production of different<br />
food & beverages products. The growing application in manufacturing of dairy products such as ice creams,<br />
yogurts, <strong>and</strong> cheese is expected <strong>to</strong> further augment dem<strong>and</strong> for inulin over the forecast period. Increasing<br />
awareness regarding low sugar consumption <strong>and</strong> low calorie foods due <strong>to</strong> rise in lifestyles related disease is<br />
expected <strong>to</strong> a have positive impact on inulin dem<strong>and</strong> over the forecast period.<br />
Growing popularity of nutraceuticals is expected <strong>to</strong> positively impact market dem<strong>and</strong> as it is <strong>use</strong>d in these<br />
products as a functional ingredient. U.S. FDA has categorized inulin as a safe product owing <strong>to</strong> which<br />
manufacturers now prefer these products over other substitutes. It is <strong>use</strong>d in inhibiting growth of pathogenic<br />
bacteria which aids in getting better colon health. Rising cultivations of chicory roots in Europe <strong>and</strong> China is<br />
likely <strong>to</strong> boost consumption of inulin in <strong>end</strong>-<strong>use</strong> industries.<br />
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<strong>Application</strong> Insights<br />
Food & beverages dominated the application segment <strong>and</strong> accounted for over 65% of market share by volume<br />
in 2013 <strong>and</strong> is expected <strong>to</strong> witness growth over the forecast period owing <strong>to</strong> rising usage of probiotic functional
ingredients that aid in reduction of sugar level <strong>and</strong> improving gut health. <strong>Inulin</strong> contains non-digestable fiber<br />
which helps in stimulating bacterial growth in human body, owing <strong>to</strong> which the dem<strong>and</strong> for these products in<br />
dietary s<strong>up</strong>plements is expected <strong>to</strong> remain high over the forecast period. The other applications of inulin include<br />
coating, construction, <strong>and</strong> animal feed industries.<br />
<strong>Region</strong>al Insights<br />
Europe dominated the global inulin market by accounting over 40% in 2013 <strong>and</strong> is expected <strong>to</strong> witness growth<br />
on account of regula<strong>to</strong>ry s<strong>up</strong>port over the usage of functional ingredients in food & beverage industry in this<br />
region. Slow growth of food & beverage industry in Spain, Italy, <strong>and</strong> Germany co<strong>up</strong>led with European<br />
Commission’s limitation over the production quota of inulin is expected <strong>to</strong> act as a challenge <strong>to</strong> the market<br />
growth.<br />
North America is the second largest market driven by rising health awareness <strong>and</strong> growing exp<strong>end</strong>iture on<br />
wellness products. The rising innovation on sugar free products co<strong>up</strong>led with growing dem<strong>and</strong> for diverse low<br />
fat <strong>and</strong> dietary s<strong>up</strong>plements is expected <strong>to</strong> boost dem<strong>and</strong> for these food ingredients.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/inulin-market<br />
Growing dairy industry in Asia Pacific countries such as China <strong>and</strong> India owing <strong>to</strong> strong regula<strong>to</strong>ry s<strong>up</strong>port<br />
co<strong>up</strong>led with growing domestic dem<strong>and</strong> is expected <strong>to</strong> propel the inulin dem<strong>and</strong>. The market in India has<br />
received a boost as the government is providing subsidies for farmers involved in the cultivation of chicory roots.<br />
Growing food & beverage industry in Brazil <strong>and</strong> Saudi Arabia is expected <strong>to</strong> have a positive impact on inulin<br />
dem<strong>and</strong> over the forecast period.<br />
Competitive Insights<br />
The industry environment is competitive due <strong>to</strong> the presence of less number of manufacturers. Key players in<br />
the market are Cosucra, Sensus, Jarrow Formulas, <strong>and</strong> Beneo-Orafti. Technological advancements co<strong>up</strong>led with<br />
new product development <strong>and</strong> strategic partnerships are the key fac<strong>to</strong>rs responsible for growing market share.<br />
<strong>Market</strong> Segment:<br />
Global <strong>Inulin</strong> <strong>Application</strong> Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - <strong>2020</strong>)<br />
• Food & Beverage<br />
• Dietary S<strong>up</strong>plements<br />
• Pharmaceuticals
• Others<br />
Global <strong>Inulin</strong> <strong>Region</strong>al Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - <strong>2020</strong>)<br />
• North America<br />
• Europe<br />
• Latin America<br />
• Asia Pacific<br />
• MEA<br />
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/food-<strong>and</strong>-beverage<br />
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