Asia Pacific Prebiotics Market To 2028 – Size, Share And Trends Analysis Report – ResearchAndMarkets.com

0

DUBLIN–(BUSINESS WIRE)–The “Prebiotics Market in Asia-Pacific” Report has been added ResearchAndMarkets.com Offer.

Asia-Pacific prebiotics market size is expected to reach USD 4.9 billion by 2028. The market is expected to grow at a CAGR of 15.6% from 2020 to 2028. Rising gastrointestinal diseases such as irritable bowel syndrome have likely led to concerns about gut health to fuel the growth of the prebiotics market in Asia Pacific.

Consumers have started consuming foods like yogurt, apples, whole grains, and miso that improve digestion by increasing the good bacteria in the gut and reducing constipation. Therefore, the intake of functional ingredients such as carotenoids, prebiotics and probiotics, fatty acids, fiber, vitamins and minerals are expected to increase, which in turn is expected to benefit the market growth.

Prebiotics stimulate the growth of healthy bacteria such as lactobacilli in the gut and improve resistance to pathogens. This effect is induced by eating functional foods containing FOS, GOS with prebiotic function. Rising gut issues among consumers have prompted them to switch to prebiotic-rich foods, which is likely to fuel their demand for prebiotics in the years to come.

Also, since the outbreak of the pandemic, consumers have been gradually choosing products rich in nutrients to maintain optimal health. This reversal is evidenced by increased global demand for nutraceuticals in Q1 and Q2 2020. Rising concerns about immunity should benefit plant-based functional ingredients in the years to come.

Asia Pacific Prebiotics Market Highlights

  • Inulin segment accounted for 26.3% of sales in 2020 and is expected to experience a healthy growth rate in the near term as increasing acceptance of nutraceuticals due to rising health awareness will fuel demand for inulin as a functional ingredient. It plays a crucial role in increasing the activity of selected beneficial bacteria that inhibit the growth of certain pathogenic bacteria and improve gut health

  • The liquid form segment is expected to register a CAGR of 15.4% in terms of sales due to its ease of mixing with other food components, which is expected to result in significant product adoption. The liquid’s low cost compared to the powder form is likely to attract more buyers, thereby fueling the expansion of the liquid prebiotics segment

  • The intestinal health segment accounted for 46.7% of sales and is likely to record significant growth rates in the coming years. The human digestive system relies on fiber to function optimally. Taking prebiotics helps eliminate waste products and ensure normal digestion. Therefore, the demand for prebiotics is expected to increase greatly due to their ability to improve gut health and fight disease

  • China has the largest share of sales in the market and is expected to grow in the coming years due to the increasing consumption of high-fiber foods and beverages. Rising incidences of various diseases caused by unhealthy lifestyle are likely to spur consumers in the country to turn to health supplements

  • The major players in the market are facing strong competition from small and local players as they offer competitively priced and customized products according to the needs of the buyers. These players have high market penetration in specific areas, but erratic demand poses a challenge

market dynamics

driver

  • Increasing demand for functional foods

  • Increasing demand for gut health

restrictions

  • Formation of phytogenes in the animal

  • Increasing incidence of animal diseases

challenges

  • High research and development costs

opportunity

  • Expansion of the dietary supplement industry

companies mentioned

  • BAOLINGBAO BIOLOGY

  • Tata Chemical Ltd

  • Meiji Holdings Co.,Ltd.

  • Quantum HI-Tech (China) Biological Ltd

  • SAMYANG HOLDINGS CORPORATION

  • CJ CheilJedang Corp

  • Fuji Nihon Seito Corporation

  • Yakult Honsha Co.Ltd

For more information about this report, see https://www.researchandmarkets.com/r/d99tlv

Share.

Comments are closed.