Global Inulin Market – Industry Trends and Forecast to 2031

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Global Inulin Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Jun 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Inulin Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2031
Diagram Market Size (Base Year)
USD 1.65 Billion
Diagram Market Size (Forecast Year)
USD 2.94 Billion
Diagram CAGR
%
Diagram Major Markets Players
  • Xylem Analytics Germany Sales GmbH & Co. KG. (U.S.)
  • Baolingbao Biology Co. Ltd. (China)
  • Meiji Holdings Co. Ltd. (Japan)
  • Roquette Frères (France)
  • Royal FrieslandCampina (Netherlands)

Global Inulin Market, By Source (Agave Insulin, Chicory Insulin, and Jerusalem Artichoke), Form (Powder and Liquid), Nature (Organic and Conventional), Application (Food and Beverage, Dietary Supplements, Pharmaceuticals, Meat Products, and Others), End Use (Clinical Nutrition, Dietary Supplements, Functional Food and Beverages, Dairy Products, Infant Formula, Breakfast Cereals and Cereal Bars, Meat Products, and Animal Nutrition) – Industry Trends and Forecast to 2031.

Inulin Market

 

Inulin Market Analysis and Size

The global inulin market is experiencing significant growth, driven by the increasing consumer awareness of the health benefits associated with dietary fibers. Inulin, being a natural prebiotic, is gaining popularity for its role in promoting gut health by stimulating the growth of beneficial bacteria in the colon. The rising prevalence of digestive disorders and the growing demand for functional foods and beverages are further fueling market growth. In addition, the use of inulin as a fat and sugar replacer in various food products, such as dairy, bakery, and confectionery items, is contributing to its market expansion.

Global inulin market size was valued at USD 1.65 billion in 2023 and is projected to reach USD 2.94 billion by 2031, with a CAGR of 7.5% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Source (Agave Insulin, Chicory Insulin, and Jerusalem Artichoke), Form (Powder and Liquid), Nature (Organic and Conventional), Application (Food and Beverage, Dietary Supplements, Pharmaceuticals, Meat Products, and Others), End Use (Clinical Nutrition, Dietary Supplements, Functional Food and Beverages, Dairy Products, Infant Formula, Breakfast Cereals and Cereal Bars, Meat Products, and Animal Nutrition

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America

Market Players Covered

Xylem Analytics Germany Sales GmbH & Co. KG. (U.S.), Baolingbao Biology Co. Ltd. (China), Meiji Holdings Co., Ltd. (Japan), Roquette Frères (France), Royal FrieslandCampina (Netherlands), Ingredion (U.S.), COSUCRA (Belgium), Ingredion Incorporated (U.S.), Cargill, Incorporated (U.S.), BENEO (Germany), Dingxi Longhai Dairy Co., Ltd. (China), Shandong Baolingbao Biotechnology Co. LTD (China), Ciranda, Inc. (U.S.)

Market Opportunities

  • Increasing Adoption of Animal Nutrition 
  • Technological Advancements in Extraction Processes

Market Definition

Inulin is a type of dietary fiber that is found in many plants, especially in the roots or rhizomes of plants such as chicory, Jerusalem artichokes, and dandelions. It is a polysaccharide, meaning it is made up of multiple sugar molecules and belongs to a class of compounds known as fructans. Inulin is considered a prebiotic because it resists digestion in the small intestine and reaches the colon intact, where it is fermented by the gut microbiota.        

Inulin Market Dynamics

Drivers

  • Growing Demand for Functional Foods     

Functional foods are those that offer additional health benefits beyond basic nutrition, often due to the presence of added ingredients like vitamins, minerals, or prebiotics. Inulin, as a prebiotic fiber, serves as food for beneficial gut bacteria, promoting digestive health and overall well-being. As consumers become more health-conscious and seek out products that support their well-being, the demand for functional foods containing inulin is expected to continue rising. The increasing consumer awareness regarding the health benefits of inulin food supplement is driving the demand for inulin, which is widely used as a prebiotic ingredient in these products.            

  • Rising Prevalence of Digestive Disorders  

The prevalence of digestive disorders such as irritable bowel syndrome (IBS) and constipation is increasing globally, leading to a higher demand for inulin rich foods, known for its digestive health benefits. Digestive disorders can significantly impact an individual's quality of life, and many people are turning to dietary interventions to manage their symptoms. Inulin, with its ability to promote the growth of beneficial gut bacteria and improve bowel function, is increasingly recognized as a natural and effective way to support digestive health. As awareness of the link between diet and digestive disorders grows, the demand for inulin as a natural remedy is expected to rise, driving market growth.

Opportunities

  • Increasing Adoption of Animal Nutrition

Inulin is increasingly being adopted in animal nutrition for its prebiotic properties, which promote gut health in livestock and pets. By selectively stimulating the growth of beneficial bacteria in the gut, inulin can improve digestive health, nutrient absorption, and overall well-being in animals. As the importance of gut health in animal nutrition is increasingly recognized, the demand for inulin supplements as a natural prebiotic is expected to grow. This presents a significant market opportunity for inulin manufacturers to expand their product offerings and cater to the growing needs of the animal nutrition industry.

  • Technological Advancements in Extraction Processes

Advances in extraction technologies have made it easier and more cost-effective to extract inulin from natural sources, leading to increased production and market growth. Traditional methods of inulin extraction were often labor-intensive and involved the use of harsh chemicals. However, technological advancements have enabled the development of more efficient and environmentally friendly extraction processes. These advancements have not only reduced production costs but have also improved the quality and purity of the extracted inulin. As a result, manufacturers can now meet the growing demand for inulin more efficiently, creating new opportunities for market growth.    

Restraints/Challenges

  • High Production Costs of Inulin

The production of natural inulin can be expensive, especially when extracted from certain natural sources, which can hinder market growth. The process of extracting inulin from plants such as chicory roots or Jerusalem artichokes requires specialized equipment and expertise, adding to the overall production costs. Additionally, factors such as the availability of raw materials, labor costs, and energy prices can further contribute to the high production costs associated with inulin.  

  • Limited Supply of Raw Materials

The availability of raw materials such as chicory roots, which are the primary source of inulin, can be limited, affecting the production and supply of inulin. Chicory roots are grown predominantly in certain regions, and factors such as weather conditions, crop diseases, and market demand can impact their availability. This limited supply of raw materials can lead to fluctuations in the price and availability of inulin, which can pose challenges for manufacturers and buyers alike.

Top of Form

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In March 2022, Sensus, a Dutch cooperative member, revealed its intentions to increase the production of chicory root fiber (inulin) to cater to the rising demand for natural prebiotics in plant-based foods and supplements
  • In December 2021, Beneo, a functional ingredient manufacturer, announced a EUR 30 billion (USD 33.9 billion) investment to expand its capacity for producing prebiotic chicory fiber roots in Chile and Belgium. This expansion aims to boost the production of chicory root fiber inulin by more than 40%, aligning with customer demand and fostering growth in the inulin market

Inulin Market Scope

The market is segmented on the basis of source, form, nature, application and end use. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

  • Agave Insulin
  • Chicory Insulin
  • Jerusalem Artichoke

Form

  • Powder
  • Liquid

Nature

  • Organic
  • Conventional

Application

  • Food and Beverage
    • Cereals
    • Bakery and Confectionery
    • Meat Products
    • Others
  • Dietary Supplements
  • Pharmaceuticals
  • Meat Products
  • Others

End Use

  • Clinical Nutrition
  • Dietary Supplements
  • Functional Food and Beverages
  • Dairy Products
  • Infant Formula
  • Breakfast Cereals and Cereal Bars
  • Meat Products
  • Animal Nutrition

 Inulin Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by country, source, form, nature, application, and end use as referenced above.

The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

Europe is expected to dominate the market due to regulatory support aimed at encouraging the integration of functional ingredients in the region's food and beverage industry. Additionally, the approval of a health claim for native chicory inulin by the European Commission, allowing its exclusive use, is expected to drive market growth in the region.     

Asia-Pacific is expected to show significant growth due to a substantial increase in the aging population. This demographic shift, coupled with a rise in the consumption of infant food formula and the prevalence of unhealthy lifestyles, is anticipated to drive significant growth in the region's inulin market in the foreseeable future.

The country section of the report also provides individual market-impacting factors and changes in market regulation that affect the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Inulin Market Share Analysis

The market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.

Some of the major market players operating in the market are:

  • Xylem Analytics Germany Sales GmbH & Co. KG. (U.S.)
  • Baolingbao Biology Co. Ltd. (China)
  • Meiji Holdings Co., Ltd. (Japan)
  • Roquette Frères (France)
  • Royal FrieslandCampina (Netherlands)
  • Ingredion (U.S.)
  • COSUCRA (Belgium)
  • Ingredion Incorporated (U.S.)
  • Cargill, Incorporated (U.S.)
  • BENEO (Germany)
  • Dingxi Longhai Dairy Co., Ltd. (China)
  • Shandong Baolingbao Biotechnology Co. LTD (China)
  • Ciranda, Inc. (U.S.)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

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Frequently Asked Questions

The market is segmented based on , By Source (Agave Insulin, Chicory Insulin, and Jerusalem Artichoke), Form (Powder and Liquid), Nature (Organic and Conventional), Application (Food and Beverage, Dietary Supplements, Pharmaceuticals, Meat Products, and Others), End Use (Clinical Nutrition, Dietary Supplements, Functional Food and Beverages, Dairy Products, Infant Formula, Breakfast Cereals and Cereal Bars, Meat Products, and Animal Nutrition) – Industry Trends and Forecast to 2031. .
The Global Inulin Market size was valued at USD 1.65 USD Billion in 2023.
The Global Inulin Market is projected to grow at a CAGR of 7.5% during the forecast period of 2024 to 2031.
The major players operating in the market include Xylem Analytics Germany Sales GmbH & Co. KG. (U.S.), Baolingbao Biology Co. Ltd. (China), Meiji Holdings Co. Ltd. (Japan), Roquette Frères (France), Royal FrieslandCampina (Netherlands), Ingredion (U.S.), COSUCRA (Belgium), Ingredion Incorporated (U.S.), Cargill, Incorporated (U.S.), BENEO (Germany), Dingxi Longhai Dairy Co. Ltd. (China), Shandong Baolingbao Biotechnology Co. LTD (China), Ciranda, Inc. (U.S.) .
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.