Global Inulin Market By Application Overview
Inulin is a group of naturally occurring polysaccharide and is indigestible carbohydrate belonging to a class of fructans. Inulin has obtained the GRAS (generally recognize as safe) status in United States, due to which it is highly used in pharmaceutical industries. It consists of rich fiber and has very low calories. Inulin plays an important role in the growth of intestinal bacteria due to which it is also considered as dietary fiber. Inulin is used as probiotic, due to its health benefits, especially to lower sugar and fat levels. Inulin Market accounted for US$ 1.33 billion in 2020 and is estimated to be US$ 2.29 billion by 2030 and is anticipated to register a CAGR of 5.5%
Global Inulin Market By Application Dynamics
Rising awareness regarding health
Rising awareness regarding health among the consumers in order to consume inulin as a functional food and owing to its health benefits is major factor driving growth of the inulin market. A product which contains inulin is helps to eliminate the cholesterol, stimulates immune system and also enables human body to absorb better nutrients.
Increasing applications of probiotic ingredients
Increasing applications of probiotic ingredients in the food and beverages industry is likely to boost growth of the inulin market. Moreover, growing demand for inulin from dairy industry in the formulations of cheese, ice creams, and spoon able yogurts is another factor expected to propel growth of the target market in future.
Global Inulin Market By Application Segmentation
The inulin market has been segmented on the basis of application, and region.
On the basis of application of inulin market the target market has been segmented into food and beverage, dietary supplements, and pharmaceutical. Functional food & beverage was the largest segment and accounted for more than 60% of the total volume in 2020. Food & beverages are likely to dominate during the forecast period owing to increasing functional ingredients demand used for sugar level reduction and enhancing gut health function. Dietary supplement is likely to grow at a steady rate during the forecast period. Inulin helps to stimulate the bacterial growth, which helps in maintaining the calorie level. This factor is expected to promote the usage of inulin in dietary supplement fortification.
Regional Insights:
For detailed understanding of market dynamics, the anti-venom market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. On the basis of region the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Europe is expected to account major market share in terms of revenue as compared to that of other regions and is expect to maintain its dominance over the forecast period. This can be attributed to favorable regulatory policies supporting fortification of food with probiotic ingredients in the region.
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2029 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
|
Market Segmentation |
By Application: Food and Beverage, Dietary Supplements, and Pharmaceutical |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Detailed Segmentation:
Inulin Market, By Application:
- Food and Beverage
- Pharmaceutical
- Dietary Supplements
Application Market, By Region:
- North America
- Africa
- Africa Inulin Market, By Application
- Africa Inulin Market, By Country
- North Africa
- Central Africa
- South Africa
- Middle East
- Middle East Inulin Market, By Application
- Middle East Inulin Market, By Country
- GCC
- Israel
- Rest of Middle East
- Latin America
- Latin America Inulin Market, By Application
- Latin America Inulin Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Asia-Pacific
- Asia-Pacific Inulin Market, By Application
- Asia-Pacific Inulin Market, By Country
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Europe Inulin Market, By Application
- Europe Inulin Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- North America Inulin Market, By Application
- North America Inulin Market, By Country
- U.S.
- Canada
- Africa
Global Inulin Market By Application Company Profile
- Cargill Incorporated
- Wuxi Cima Science Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Ciranda, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- The Tierra Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Fenchem, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- SensusB.V
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Shandong Baolingbao Biotechnology Co. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Jarrow Formulas
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- CosucraGroupeWarcoing SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Beneo-Orafti SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Wuxi Cima Science Co. Ltd.
Global Inulin Market By Application Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Inulin Strategies
- Key Questions this Study will Answer
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Food and Beverage
- Overview
- Market Inulin and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Dietary Supplements
- Overview
- Market Inulin and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pharmaceutical
- Overview
- Market Inulin and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Inulin and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Inulin and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Inulin and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Inulin and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Inulin and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Inulin and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Inulin and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Inulin and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Inulin and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Inulin and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Wuxi Cima Science Co. Ltd.
- Ciranda, Inc.
- The Tierra Group
- Fenchem, Inc.
- SensusB.V
- Shandong Baolingbao Biotechnology Co. Ltd.
- Jarrow Formulas
- CosucraGroupeWarcoing SA
- Beneo-Orafti SA
- Cargill Incorporated
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The inulin market has been segmented on the basis of application, and region.
Rising awareness regarding health among the consumers in order to consume inulin as a functional food and owing to its health benefits is major factor driving growth of the inulin market.
Europe is expected to account major market share in terms of revenue as compared to that of other regions and is expect to maintain its dominance over the forecast period.
Key players operating in the inulin market includes Cargill Incorporated, Beneo-Orafti SA, CosucraGroupeWarcoing SA, Jarrow Formulas, Shandong Baolingbao Biotechnology Co. Ltd, SensusB.V, Fenchem, Inc, The Tierra Group, Ciranda, Inc, and Wuxi Cima Science Co. Ltd.