North America Prebiotic Ingredients Market

North America Prebiotic Ingredients Market Growth and Forecast (2023 - 2028):

The North America Prebiotic Ingredients Market was worth USD 1230 million in 2022 and estimated to be growing at a CAGR of 11.55%, to reach USD 2130 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.

North America Prebiotic Ingredients Market Segmentation Analysis:

The North America 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.

Region Analysis:

On the basis of geography, the North America market is analysed under the regions namely U.S.A and Canada. These countries are increasing their focus in the R & D sector thus showing great estimated potential for Prebiotic Ingredients market.

Key Players in the Market:

Major key players in the North America Prebiotic Ingredients Market 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.