Prebiotics for Dietary Supplements Market Propelled by Rising Consumer Preference Towards Preventive

Prebiotics for Dietary Supplements Market

The global Prebiotics for Dietary Supplements Market Growth Accelerated by Emerging Economic Markets Prebiotics are non-digestible compounds that feed beneficial microorganisms already present in the intestines. Prebiotics, when consumed in adequate amounts, stimulate the growth and activity of healthy gut flora. Used in dietary supplements, prebiotics help support digestive and immune health.

The global Prebiotics for Dietary Supplements Market is estimated to be valued at US$ 2430.9 in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The growth of emerging economies is expected to drive the prebiotics for dietary supplements market over the forecast period. Emerging nations such as India, China, Brazil, and others are poised to witness significant economic expansion, leading to a rise in purchasing power and improved standard of living. This will increase the demand for quality healthcare products like dietary supplements. As awareness around gut health and the benefits of prebiotics rises in developing countries, the prebiotics for dietary supplements market is likely to get broader growth avenues with their massive populations. The increasing health-conscious consumer base in emerging economies will continue to offer lucrative opportunities for prebiotics manufacturers in the coming years.

Segment Analysis
Prebiotics for Dietary Supplements Market comprise two key segments - inulin and oligosaccharides. The inulin segment currently dominates the market and accounts for over 60% market share in 2023. Inulin is the most widely used prebiotic for dietary supplements due to its stability against heat and over a wide range of pH levels. It promotes the growth of beneficial bacteria such as bifidobacteria and lactobacilli in the gut.

Key Takeaways

The global Prebiotics For Dietary Supplements Market Growth is expected to witness high growth over the forecast period of 2023 to 2030. Factors such as increasing health awareness, rising demand for prebiotics from nutraceuticals industry and growing obese and geriatric population are projected to boost the market growth. The global Prebiotics for Dietary Supplements Market is estimated to be valued at US$ 2430.9 in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030.

Regional analysis:
North America region currently accounts for over 45% of the global prebiotics for dietary supplements market revenue. The high adoption of prebiotic dietary supplements for gut health and growing health consciousness among consumers have fuelled the market growth. Europe is expected to witness healthy growth rate during the forecast period due to increasing R&D investments by key players for innovation of prebiotic formulations.

Key players:
Key players operating in the Prebiotics for Dietary Supplements market include Archer Daniels Midland Company, Cargill Inc., DowDuPont Inc. Archer Daniels Midland Company leads the market with over 18% share in 2023, owing to its strong distribution network and innovative product offerings. Cargill Inc. is focusing on strategic acquisitions to expand its product portfolio and global presence in high potential markets like Asia Pacific and Latin America.

For more insights, read- https://www.ukwebwire.com/prebiotics-for-dietary-supplements-market-trends-size-and-share-analysis/