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Prebiotic Ingredient Market is Likely to Thrive at an Impressive CAGR of 11.9 % over the Forecast Period of 2019 – 2026
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The growing boom around low-calorie foods and beverages, and an overall lifestyle shift toward consuming healthier products collectively drive prebiotic ingredient market growth worldwide. A new Fairfield Market Research study forecasts that the prebiotic ingredient market size will surpass US$10 Bn by 2026 end, witnessing 11.9% growth between 2019 and 2026 . Soaring popularity of specialty F&B categories that complement the health food trend is expected to fuel the growth of prebiotic ingredient market. As food processing companies continue to generate demand for the most sought-after, ie, galacto-oligosaccharides, and fructo-oligosaccharides, the market for prebiotic ingredients will also thrive at a notable pace. Additionally, the flourishing trend of plant-based F&B is likely to augur well for prebiotics as a greater number of consumers show their preference for natural, and plant-based products.
Read Full Report of Prebiotic Ingredient Market: https://www.fairfieldmarketresearch.com/report/prebiotic-ingredient-market
Production of Prebiotic Ingredients Picks up on Account of Soaring R&D Investments
The complex process of extraction of prebiotics from plants, and vegetables takes a lot of R&D, ie, exhaustive funding, which has been a longstanding challenge facing the rapid progress of prebiotic ingredient market. However, significant growth in terms of investments dedicated to R&D, new labs, research equipment, training of professionals has offered a notable push to the overall production scenario. The report highlights the fact that several mid-sized companies continue their struggle in terms of rapid progress as high initial investments remain a major impediment. In addition to the ascending application potential of prebiotics, adequate investments are thus likely to elevate the growth prospects of manufacturers operating in global prebiotic ingredient market in the near future.
European Market Atop, Growth Prospects Promising in Asia Pacific
Europe continues to be at the forefront in terms of creating demand for prebiotic ingredients. The report foresees continued dominance of the European market in the prebiotics space throughout the forecast period. In addition to the transforming dietary lifestyle of European consumers, the market here is likely to benefit from the growing interdependence of increasing prevalence of lifestyle diseases, and mounting sales of healthier product categories. A collective push is expected from the other significant factors, including ascending demand for healthier F&B products, frequent new product launches, and improving availability and accessibility of specialty F&B products across retail. The market in Asia Pacific on the other hand is projected to demonstrate lucrative growth potential for prebiotics, and subsequently prebiotic ingredients.
Market Leaders – Global Prebiotic Ingredient Market
The global prebiotic ingredient market report dedicates a section to competitive analysis that intends to reveal some exclusive insights into the strategic development, and financial information about some of the global market leaders. A few of the prominent players that have been profiled in the report include Cargill Inc, Kerry Group plc, Ingredion Incorporated, Koninklijke FrieslandCampina NV, Yakult Honsha Co. Ltd., Fonterra Co-operative Group Limited, Roquette Frères SA, Jarrow Formulas, Inc ., BENEO GmbH, Sensus America, Inc., and Cosucra Groupe Warcoing SA.
For More Information Visit: https://www.fairfieldmarketresearch.com/report/prebiotic-ingredient-market
Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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