Global Inulin Market: Emerging Economies Expected to Influence Growth until 2028
Growing population of proactive consumers which are inclined towards health and fitness are avid purchasers of the dietary supplements and functional foods.
[USPRwire, Wed Jan 16 2019] When we talk about sweeteners, be it natural or organic, there are several options that have gained popularity among the global population. However, the availability of chemical-driven products have made it difficult for people in their selection process. Considering the recent trend, the demand for natural sweeteners such as inulin has acquired a significant market share. This product is appreciated by health-conscious people who wish to stay aware from high-calorie sweeteners. In order to judge the overall market presence for inulin, Fact.MR has published an exhaustive report which delivers clear insight which can be easily understood by the readers. The assessment is titled “Inulin Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028”, which highlights the various opportunities and development factors impacting the inulin demand during the period until 2028.
The report is a strong compilation of well researched data which is carefully presented for information sharing. The initial section discourses pointers focusing on market overview which is followed by market definition and market taxonomy. In addition, crucial features such as macro-economic factors, opportunity analysis, value chain analysis and global economic outlook, are all included to enlighten the readers. As the report proceeds, knowledge about market dynamics comprising of drivers, key trends and restraints is enclosed for gaining better insight about the global inulin market.
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Increased Expenditure on Dietary Supplements & Functional Foods to Steer Growth across Inulin Market
According to research findings, modern consumers are seen to spend more on dietary supplements in the present time. With the rising inclination of proactive consumers towards healthy ways of living, there has been a notable demand for dietary supplements & functional foods. Hence, this trend has directly influenced the growth of the global inulin market, since it offers higher nutritional content in comparison to other sweeteners due to the presence of rich fiber and minerals.
Restriction for Inulin Adoption Due to Increasing Usage of Prebiotic Ingredients
It has been noticed that naturally derived sweeteners like mannan oligosaccharides (MOS), galactooligosaccharides (GOS), fructooligosaccharides (FOS) and inulin are highly adored in the prebiotics market. However, the increasing usage of alternative prebiotic ingredients including GOS and MOS has slightly jammed the adoption of inulin, which is expected to drag further in the coming years. Moreover, excessive and inappropriate consumption of inulin results in adverse effects like digestive system discomfort and several allergic reactions. With such issues existing, the inulin demand can demote at the global level.
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This report carefully bifurcates the global inulin market in terms of source, form type, nature type, region and end use. On the basis of source, the global inulin market is divided into chicory inulin, agave inulin and Jerusalem Artichoke. Moreover, based on form type the target market is split into powder and liquid. The prime end use segments mentioned in the report are functional food & beverages, clinical nutrition, dietary supplements, dairy products, infant formula, breakfast cereals & cereal bars, meat products and animal nutrition. Each of these segments are examined in terms of market value share, Y-o-Y growth and market attractiveness analysis.
Focusing on the geographical front, the global inulin market is segmented into North America, Eastern Europe, Western Europe, Latin America, Middle East & Africa, Japan and Asia Pacific. The mentioned regions are studied based on their historic market size (US$ Mn), forecasted market size (US$ Mn) and market attractiveness. This report reveals that the APEJ (Asia Pacific Excluding Japan) region is expected to deliver the leading market share in the global inulin market during the forecast period. The dominant regional market is projected to offer 6.8% CAGR until 2028.
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