Prebiotic Ingredients Market

Market Leaders - Prebiotic Ingredients Market

The market for prebiotic ingredients is estimated at USD 6.3 Billion in 2022; it is projected to grow at a CAGR of 11.7% to reach USD 10.9 Billion by 2027. Prebiotic ingredients are beneficial for treatment of inflammatory bowel disease, diarrhea, colon cancer, for calcium absorption, and to maintain bone health, skin health, immunity, and obesity. Awareness about prebiotics has gained popularity in recent years, stimulating scientific as well as industrial interest.

The prebiotic ingredients market consists largely of globally established players such as Beneo (Germany), ADM (US), DuPont (US), Friesland Campina (Netherlands), Ingredion (US), Samyang Corp (South Korea), Beghin Meiji (France), Tate & Lyle PLC (UK), Yakult (Japan), Kerry PLC (Ireland), Fronterra Ltd. (New Zealand), Royal Cosun (Netherlands), Roquette Frères (France), and Cosucra Groupe Warcoing SA (Belgium). New product launches was the dominant strategy adopted by the key players, followed by expansions. These strategies have helped them to increase their presence in different regions and industrial segments.

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Beneo engages in developing and producing functional ingredients from natural sources of food, feed, and pharmaceutical products. The products have health benefits, such as weight and energy management, as well as technical benefits, such as prolonged shelf life or a stable structure. The company is present in more than 80 countries and has seven local offices with five production sites in Germany, Belgium, Italy, and Chile. The company is a member of Sudzucker Group, which provides plant-based sweetening solutions. Beneo has seven approved EU health claims and two FDA health claim approvals. Beneo’s chicory root fibers and functional carbohydrates are approved in more than 80 countries providing benefits globally.

Beneo also invests in R&D and has recently invested in expanding capacity in Chile and Belgium. Beneo has developed a new product called Orafti inulin, which is sourced naturally through chicory root fiber and is used in a wide range of food and beverage applications.

Royal Cosun is an agro-industrial group that produces a wide range of ingredients and intermediate products for the food industry. The company operates through its subsidiaries in the Netherlands, such as Aviko, Duynie Group, Sensus, Suiker Unie, SVZ, and Cosun Biobased Products.

Sensus produces inulin, a dietary fiber that reduces the sugar and fat content of foodstuffs from chicory. The Cosun Food Technology Centre (CFTC) is the R&D center of the company, located in the Netherlands, which focuses on the innovation of products used in a wide range of applications. It has production facilities in Roosendaal and Zwolle and distributors across 45 countries. It operates through its regional branches- Sensus Inc. in North America and Sensus Asia in the Asia Pacific.

Royal Cosun has made two major investments; one in Roosendaal to increase the storage capacity for liquid inulin products and another in Zwolle, a new spray-dry plant taken into operation, to increase the capacity for production of inulin powders.

Cosucra Groupe Warcoing SA operates as the manufacturer of naturally sourced ingredients from peas and chicory roots. Its ingredient portfolio includes chicory root fiber, pea protein, pea fiber, and pea starch, which are used in dietary supplements, and finished products, such as granola bars, baked goods, plant-based and savory products, non-dairy applications, and beverages.

The company has three processing plants, among which one is dedicated to chicory roots and the other two for pea processing. It has a sales office in China and distributes its products through its subsidiary Gillico Ingredients in North America. On the strength of its subsidiary in the US, it has a presence in North America and the Caribbean. Through its sales office in China and Taiwan, it has an expanded presence in the Asia Pacific. The regional presence has enabled the company to adapt and cater to local needs

Related Reports:

Prebiotic Ingredients Market with Covid-19 Impact by Type (Oligosaccharides, Inulin, & Polydextrose), Application (Food & Beverage, Dietary Supplements, & Animal Feed), Source, Brand, Functionality, Bacterial Activity and Region - Global Forecast to 2027

Contact:
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Report Code
FB 3567
RI Published ON
3/24/2022
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