Inulin Market is estimated to be US$ 2.29 billion by 2030 with a CAGR of 5.5% during the forecast period

 



The report "Global Inulin Market, By Application (Food and Beverage, Dietary Supplements, and Pharmaceutical) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.
Increasing awareness about prebiotic ingredients and their extensive utilization in food and beverages industry is the major factor driving the growth of the global inulin market globally. Inulin has various applications in dairy product formation such as cheese, yogurts, and ice-cream. Hence, the growth in dairy industries is projected to boost additional growth in inulin market over the forecast period. Also, high growth in the pharmaceuticals industry worldwide is propelling the growth of the target market. Furthermore, the fast-growing significance of nutraceuticals due to increasing health awareness is expected to increase demand for inulin as a functional ingredient.
Key Highlights:
  • In June 2018, Cosucra’s inulin-type fructans Fibruline extracted from chicory root has received regulatory approval from the U.S. Food and Drug Administration (FDA) for being listed as dietary fibres on the nutrition and supplement facts panel.
  • In June 2016, Sensus agreed to market organic inulin, sourced from agave, under its Frutafit line of products. Frutafit OAI is certified USDA organic and will help meet demand in the growing organic market.
Key Market Insights from the report:        
The Global Inulin Market accounted for US$ 1.33 billion in 2020 and is estimated to be US$ 2.29 billion by 2030 and is anticipated to register a CAGR of 5.5% . The market report has been segmented based on application and region.
  • By application, food and beverage segment accounts for the major share revue for the global market owing to the rise in the number of health-conscious consumers as it is considered as the powerhouse of fibre with low-calorie food
  • By region, Europe estimates for the highest market share in the global inulin market. Regulatory development aimed at supporting fortification of food with prebiotic ingredients is anticipated to drive inulin demand in the region.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Inulin Market”, Application (Food and Beverage, Dietary Supplements, and Pharmaceutical) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030
Before purchasing this report, request a sample or make an inquiry by clicking the following link:
The prominent player operating in the global inulin market includes Cargill Incorporated, Beneo-Orafti SA, CosucraGroupeWarcoing SA, Jarrow Formulas, Shandong Baolingbao Biotechnology Co. Ltd, SensusB.V, Fenchem, Inc, The Tierra Group, Ciranda, Inc, and Wuxi Cima Science Co. Ltd.
About Prophecy Market Insights
Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
Contact Us:
Sales
Prophecy Market Insights
Email- sales@prophecymarketinsights.com

Comments

Post a Comment

Popular posts from this blog

Antibody Drug Conjugate Market is estimated to be US$ 27.0 billion by 2030 with a CAGR of 23.5% during the forecast period

Image
  Antibody drug conjugate market accounted for US$ 3.3 billion in 2020 and is estimated to be US$ 27.0 billion by 2030 and is anticipated to register a CAGR of 23.5% . Antibody-drug conjugates or ADCs are biopharmaceutical drugs designed for targeted therapy for treating various type of cancer. ADCs are expose to target and kill tumor cells while sparing healthy cells. As of now 59npharmaceutical companies developed ADCs. These are complex molecules composed of antibody and have capability to target cancer cells by discriminating healthy tissues and diseased tissues. The report "   Global Antibody Drug Conjugate Market, By Technology (Cleavable Linker and Non-Cleavable Linker), By Application (Blood Cancer, Ovarian Cancer, Lung Cancer and Brain Tumor), By Distribution Channel (Hospital Pharmacies, Online Pharmacies and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030”...
Read more

Intraocular Lens Market is estimated to be US$ 7.9 billion by 2032 with a CAGR of 7.2% over the forecast period (2022-2032)

Image
  The Intraocular Lenses implant is routinely utilized during cataract surgery. Intraocular Lenses work as natural lenses. Lens implant has various focusing powers like prescription contact lenses or eyeglasses. There are different types of Intraocular Lenses like – Monofocal IOLs, which has one focal point & can be set to focus on close, medium, and distance vision which is based on preference. Distance vision is the most common selection. Trifocal IOLs, help to see better in distance, computer distance, and reading distance. Trifocal IOLs help in allowing to see both the distance and near while looking in any kind of direction. Toric IOLs is used if one has significant eye astigmatism. Astigmatism result when cornea flatter in one direction like a football. Toric Intraocular Lenses are designed for correcting astigmatism and allows to have great vision without glasses. Phakic lenses are commonly used for correcting moderate to severe nearsightedness. Phakic lenses are surgic...
Read more