According to the Graphical Research new growth forecast report titled “APAC Prebiotics Market Size By Ingredient (Inulin, GOS, FOS, MOS), By Application (Animal Feed, Food & Beverages [Dairy, Cereals, Baked Goods, Fermented Meat, Dry Foods], Dietary Supplements [Food, Nutrition, Infant Formulations])”, Estimated to Exceed USD 3 Billion by 2026
Increasing awareness of health benefits associated with prebiotic products is augmenting market share. Prebiotics enhances, regulates the modulation of the immune system, and reduces the risk of communicable diseases. Also, Prebiotics assist to promote the manufacturing of natural antibodies in the body, which raise the immune cells consisting of IgA-producing cells, T lymphocytes, and lowers the chance of cardiovascular diseases. Additionally, prebiotics promotes the increase of friendly bacteria in the gut. which are driving factors for the prebiotics market.
Change in consumer preference towards adoption of healthy ingredients and several health benefits associated with the prebiotic-rich products is should stimulate APAC prebiotics market growth. Prebiotics has applications in the food & beverage sector such as nonalcoholic alcoholic beverages, dairy, confectionery, bakery, infant formula, sweeteners, snacks, and infant formula. In addition, prebiotics is helping to revitalize the growth and activity of beneficial bacteria. It is used to improves metabolic health and prevent diseases associated with digestive health, inflammatory conditions, and functional bowel disease.
Asia Pacific prebiotic market from animal feed application segment will witness a growth of 11% over the forecast period, in terms of revenue. The market share for animal feed may increase owing to their varied applications in animal feed, livestock nutrition, and feed additives. It is extensively used for animal feeding, especially in poultry and pig production, as it reduces colonization of foodborne pathogens such as Salmonella in the GIT of poultry. Prebiotics helps to accelerate the growth rate, protect animal health from pathogenic infections. Furthermore, it improves the production of milk, eggs, and the absorption of feed and quality of meat, this will be foster the market share.
Rising technological advancements in the food industry, increasing geriatric population, and changes in consumer preference for package food and ready-to-eat food products are expected to foster market growth. Growing demand from the dietary supplement application segment, owing to consumers are adopting a vegan culture and increasing concern about protein diet may stimulate the market growth in the future timeframe.
APAC prebiotics market from dietary supplements application occupied with a CAGR of over 10% in the market. Furthermore, increasing population in countries such as China, India, Indonesia, rising standards of living, increasing health concerns among consumers, and disposable income will drive the regional demand for infant formulation application. The market players in this region will focus on quality, investment in R&D, and product innovation is the adopted strategy of the leading players across the region these factors are propelling the Asia Pacific prebiotic market.
The major players in the APAC prebiotics market are Yakult Honsha Co.Ltd. Netsle S.A, Alltech, Inc., Cargill, Inc., Beneo GmbH, Friesland Campina Domo, and Beghin Meiji (Tereos S.A.), among others.