Inulin Market Latest Technology, Applications, Demand, Development Status & 2020 Global Industry Growth Analysis Report

Food & beverages dominated the application segment and accounted for over 65% of market share by volume in 2013
and is expected to witness growth over the forecast period owing to rising usage of probiotic functional ingredients
that aid in reduction of sugar level and improving gut health. Inulin contains non-digestable fiber which helps in
stimulating bacterial growth in human body, owing to which the demand for these products in dietary supplements is
expected to remain high over the forecast period. The other applications of inulin include coating, construction, and
animal feed industries.
Get a Sample Copy of This Report @
https://www.millioninsights.com/industry-reports/inulin-market/request-sample
Regional Insights
Europe dominated the global inulin market by accounting over 40% in 2013 and is expected to witness growth on
account of regulatory support over the usage of functional ingredients in food & beverage industry in this region. Slow
growth of food & beverage industry in Spain, Italy, and Germany coupled with European Commission’s limitation over
the production quota of inulin is expected to act as a challenge to the market growth.
North America is the second largest market driven by rising health awareness and growing expenditure on wellness
products. The rising innovation on sugar free products coupled with growing demand for diverse low fat and dietary
supplements is expected to boost demand for these food ingredients.
Growing dairy industry in Asia Pacific countries such as China and India owing to strong regulatory support coupled
with growing domestic demand is expected to propel the inulin demand. The market in India has received a boost as
the government is providing subsidies for farmers involved in the cultivation of chicory roots. Growing food & beverage
industry in Brazil and Saudi Arabia is expected to have a positive impact on inulin demand over the forecast period.
Competitive Insights
The industry environment is competitive due to the presence of less number of manufacturers. Key players in the
market are Cosucra, Sensus, Jarrow Formulas, and Beneo-Orafti. Technological advancements coupled with new
product development and strategic partnerships are the key factors responsible for growing market share.
Market Segment:
Global Inulin Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• Food & Beverage
• Dietary Supplements