Prebiotic Ingredients Market - Forecast(2021 - 2026)
Prebiotic Ingredients Market Overview: The global Prebiotic Ingredients Market is valued at $4.017 billion in 2017 and it is expected to grow to $7.19 billion by 2023 at a CAGR of 10.2%. Food & beverage industry segment is dominating the global market mainly due to the wide array of products like healthy drinks, snack bars, bread and many others. Dietary supplements segment has been gaining prominence for the use of these ingredients and it is estimated to grow at a CAGR of 11.8% in the forecast period. The European market for Prebiotic Ingredients was valued at $1.59 billion in 2017 and it is anticipated to grow to $2.7 billion by 2023 at a CAGR of 9.8%. The demand for prebiotic ingredients in European countries is due to the growing demand for dairy products, increasing concern for gut health and others. Prebiotic Ingredients Market Outlook: There are different types of prebiotic ingredients which are Inulin, Disaccharides, Monosaccharides, Nucleot...