Asia Pacific Prebiotic Ingredients Market

Asia Pacific Prebiotic Ingredients Market Growth and Forecast (2023 - 2028):

The Asia Pacific Prebiotic Ingredients Market was worth USD 1110 million in 2022 and estimated to be growing at a CAGR of 11.7%, to reach USD 1920 million by 2028. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the pharmaceutical industry.

Market Overview:

Prebiotics are the ingredients used in food & beverage applications because of their functional properties. They are highly used in food & beverages & to impart nutritional value to many food items. With the development of food technology, the need of prebiotic ingredients has increased significantly in the past decade.

Drivers and Restraints:

The major factors propelling the market are increasing awareness regarding obesity is resulting in sugar free or reduced fat products. This is estimated to propel prebiotics ingredients market demand. Consumers mainly prefer dairy products as the best source of prebiotics and rising investment and developments in dairy industry is triggering the growth of prebiotic ingredient market.

Asia Pacific Prebiotic Ingredients Market Segmentation Analysis:

The Asia Pacific Prebiotic Ingredients market is segmented on the basis of Type into Oligosaccharides, Inulin, and Polydextrose. Based on Application, the market is segmented as Food & Beverages, Dietary Supplements, and Animal Feed. Further, on the basis of Source, the market is segmented into Roots, Grains, and Vegetables.

Regional Analysis:

On the basis of geography, the Asia Pacific market is analysed under various regions namely China, India, Japan and South Korea. Increase in general awareness about value-added products, and tapping the markets potential in China, India, and Brazil have resulted in the growth of opportunities in the Asia-Pacific region for prebiotic ingredients market.

Key Players in the Market:

Major key players in the Asia Pacific Prebiotic Ingredients Market are

Some of the major companies dominating the market, by their products are GEA Group, The Krones Group, SPX Corporation, Tetra Laval, Alfa Laval, IMA Group, IDMC Limited, A&B Process Systems, Feldmeir Equipment, Inc., and Scherjon Equipment Holland B.V.