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North American Prebiotics Market size to reach $1 Bn by 2026
Published Date: 2021-03-04
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North American Prebiotics Market size is estimated to cross USD 1 billion by 2026, according to a latest forecast report by Graphical Research.
Increasing trends in the consumption dietary supplements and nutraceuticals among consumers in United States and Canada should trigger the North American prebiotics market growth. Further, rising spending on promoting digestive and mental health has augmented the market value.
Inulin is a type of fructan, a chain of sugar. Bacteria present in colon convert inulin into short chain fatty acids, which help in nourishing colon cells. Inulin is also used as supplements or ingredient in foods like protein bars, yogurts, cereal bars, baked foods, and desserts. Inulin is consumed for improving digestive health by keeping balance of good bacteria in colon. It also helps in keeping blood sugar levels at normal level and promoting weight loss. Increase in the number of diabetic patients should propel the demand for inulin for controlling blood sugar levels.
Prebiotics are food ingredients that help in improving digestive health and immune system. These also help in enhancing metabolic health and prevent certain diseases. Food and beverage manufacturers use prebiotics as an ingredient for replacing fat and sugar in the foods and altering the texture of the food.
Prebiotics consumption in foods and beverage has soared in recent years pertaining to rising consumption packaged foods in United States and Canada. Moreover, increase in the consumption of food products with added dietary supplements has also triggered the demand for prebiotics in food and beverage industry.
Browse detailed statistical insights from the report, “North America Prebiotics Market Size By Application (Animal Feed, Food Beverages [Dairy, Nutrition, Baked Goods, Fermented Meat, and Dry Foods], Dietary Supplements [Food, Nutrition, and Infant Formulations]), By Ingredient (Inulin, GOS, FOS, MOS), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026” along with the table of contents (ToC) @
The dairy products segment held a major share in the food and beverage category in 2019. The use of prebiotics and probiotics has gained traction in the North America market, owing to evolving consumer eating preferences and introduction of healthy fermented dairy products. Further, the increasing demand for fermented dairy products such as yogurt in US and Canada has soared in recent years.
In 2019, yogurt sales generate market revenue of nearly USD 9 billion in United States. Dairy companies have introduced different types of flavored yogurt in the prebiotics market, which has also attracted new customers.
Rising consumer spending and evolving consumer buying preferences has driven the demand for dietary supplements and nutraceuticals in North America. The demand for supplements has soared due to increase focus on health awareness and wellness. Pertaining to these trends, the U.S. dietary supplements industry is estimated to reach to a value of USD 57 billion by the end of 2027 from USD 32 billion in 2016.
The demand for animal feed and feed additives has also increased on account of rising commercial animal production. This increase has also triggered the demand for prebiotics in animal feed applications.
Major players in the market include Abbot Laboratories, Yakult Pharmaceutical Industry, Sigma Aldrich, Kraft Foods Group, Inc., Jarrow Formulas, Inc., Ingredion Incorporated, The Nue Co., RMS, Dr. Tobias, and Cargill.
The North American prebiotics market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2015 to 2026, for the following segments:
North America Market Share, By Ingredient
North America Market Size, By Application
- Animal Feed
- Food & Beverages
- Baked Goods
- Fermented Meat
- Dry Foods
- Dietary Supplements
- Infant Formulations
The above information has been provided for the following countries:
- North America