Market Overview:

The Prebiotics Market is predicted to register a CAGR of 9.7% during the 2017 to 2025 forecast period. A market research report predicts a US$8,794.7 million valuation of the market by 2025. The growth is anticipated to be supported by the increasing disposable income. Based on the report, the increased demand for functional foods and dietary supplements will drive growth in the market in the coming years till 2025. However, concerns regarding side effects will negatively affect the prebiotics markets growth. The fluctuating prices of raw materials is anticipated to be another factor which could turn out to be a threat to companies during 2017 to 2025.

The market report based on primary and secondary data reveals that type and applications segments will witness a healthy growth till 2025. While the increasing scope of application of prebiotics will support the market during the forecast period and the rising demand from a large number of manufacturers will also help the market globally, the growth could be affected by the low demand from developing countries which could hinder business activities. Slow economic growth across developing countries is also expected to be responsible for stalled market growth till 2025.

Drivers and Constraints Impacting the Market:

With the growing demand for animal feed and dietary supplements, the global market for prebiotics is augmenting during the assessment period. The growing concern among the consumers associated with health coupled with an emphasis on improving the digestive health is accelerating the growth of the prebiotics market. Obesity is also a major concern which is further augmenting the market growth as sales of supplements and functional food items which comprise prebiotics are growing. Use of prebiotics in animal feed in order to enhance the metabolism and overall health is presumed to trigger the demand for prebiotics during the assessment period. Moreover, use of prebiotics in the poultry feed to improve productivity is fostering the market growth.

On the flip side, the high cost of raw materials and high capital investments are some of the major factors impeding the market growth. Moreover, strict mandates for labeling and registration of new ingredients are retarding the market growth over the years.

Prebiotics Market - Top Manufactures:

The prominent players operating the global Prebiotics Market are Beneo (Germany), Danisco (Denmark), Clasado Ltd. (England), Lesaffre (France), Parmalat S.p.A. (Italy), GTC Nutrition (U.S.), Angel Yeast (China), and Biospringer (France).

Prebiotics Market - Segmental Analysis:

The global prebiotics market has been segmented on the basis of source, delivery format, application, and region.

By mode of source, the global prebiotics market has been segmented into vegetables, chicory root, nuts, fruits, grains, and oilseeds. Among these, vegetables account for the largest market share followed by roots.

By mode of delivery format, the global prebiotics market has been segmented into powders, capsules, liquids, chewable, and tablets. Among these, capsules and tablets are presumed to dominate the global market as they are used to increase the bacteria in the gut for the well-being of the consumers.

By mode of application, the global prebiotics market has been segmented into confectionery, dietary fiber supplement, dairy products, infant formula, breakfast cereals, and others. Among these, the dietary fiber supplement is considered to dominate the global market owing to the inclination of consumers towards dietary fiber supplements.

Prebiotics Market - Regional Insights:

Geographically, the prebiotics market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World.

Among all the regions, the North American region is estimated to dominate the global market in terms of value owing to the introduction of a wide variety of prebiotic products coupled with continuous innovation in this region.

Asia Pacific is estimated to expand at a significant rate due to the increasing demand from developed economies such as Japan. Also, increasing prevalence of chronic diseases has accelerated the market growth for prebiotics in this region. Moreover, the sedentary lifestyle of the youth population in this region is likely to trigger the market growth for prebiotics.

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