Global Inulin Market to Register Substantial Expansion by 2024 - Credence Research

The latest industry report published by Credence Research, Inc. “Global Inulin industry - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2023” the inulin industry was valued at USD 1,407.0 Mn in 2015, and is expected to reach USD 2,615.0 Mn by 2024, expanding at a CAGR of 9.5% from 2016 to 2022.

Industry Insights

Global inulin industry is expected to witness a high growth in future owing to the increasing awareness about prebiotic ingredients and their extensive utilization in food and beverages industry. Inulin is also used in various dairy product formation such as cheese, ice-cream and yogurts.

Browse the full report Inulin Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/inulin-market

Hence, the growth in dairy industries is expected to drive additional growth in inulin industry during the forecast period. Moreover, high growth in pharmaceuticals industry globally is also having high positive impact on the global inulin industry. Moreover, fast growing significance of nutraceuticals owing to rising health awareness is projected to increase demand for inulin as a functional ingredient. On the type of applications the global inulin industry is segmented into food and beverages, dietary supplements, pharmaceutical and others. Emergence of prebiotics as an alternate to antibiotics is expected to fuel demand in animal feed applications. Increasing dairy production is expected to have a positive impact on industry over the forecast period.

Europe accounts for the largest industry share in inulin industry. Regulatory scenario aimed at supporting fortification of food with prebiotic ingredients is expected to fuel inulin demand in the region. Growing demand to substitute prebiotics and development of synbiotics is expected to remain one of the key restraining factor for the industry. Moreover, Asia Pacific is anticipated to witness highest growth at an estimated CAGR of about 9.8% from 2016 to 2022 in terms of revenue as it is witnessing positive dairy industry outlook in India, China, Australia and New Zealand. Gaining popularity of functional foods such as infant food formula in China, Japan and India is further expected to fuel inulin demand over the forecast period.

Industry Competition Assessment:

The inulin industry is observed as the most competitive and budding industry comprising large number of players.  The industry is dominated by several players, depending on their major competencies. Some major industry players include Jarrow Formulas, Beneo-Orafti, Sensus and Cargill incorporated.

Key industry Movements:

·         Significant  development in the field of functional ingredients is increasing the demand of inulin globally

·         The major opportunity in inulin industry is the high demand for dietary supplements.

Browse the full report Inulin Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/inulin-market

ToC:

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology

2. Executive Summary
2.1. Inulin Market Snapshot
2.2. Inulin Market, by Applications, 2015 & 2022 (Value %)
2.3. Inulin Market, by Geography, 2015 (Value %)

3. Global Inulin Market Analysis
3.1. Market size and Growth Prospects
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Porter’s Five Forces Analysis
3.5. PESTLE Analysis
3.6. Competitive Analysis: Inulin Market, by Key Market Players

4. Global Inulin Market, By Applications, 2013 – 2022 (USD Million)
4.1. Overview
4.2. Food and Beverages
4.2.1. Bakery and Confectionery Products Market
4.2.2. Cereals
4.2.3. Dairy Products
4.2.4. Meat Products
4.2.5. Sports Drinks
4.2.6. Others
4.3. Dietary Supplements
4.4. Pharmaceuticals
4.5. Others

5. Global Ophthalmology Devices Market, By Geography, 2014 – 2023 (US$)
5.1. Overview
5.2. North America
5.2.1. U.S.
5.2.2. Canada
5.2.3. Mexico
5.3. Europe..

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