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Inulin Market Trends

Report ID: GMI7821
Published Date: Jan 2024
Report Format: PDF

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Inulin Market Trends

The market for inulin paper is experiencing a notable upswing trend due to the growing need for environmentally friendly packaging options. Their antibacterial properties and biodegradability, inulin-infused papers are becoming more and more popular as a sustainable solution for a variety of packaging applications. This trend is driving advancements in packaging materials by aligning with consumer desires for ecologically sensitive products. A good substitute are inulin-based papers, which exhibit a wide range of applications and highlight how the packaging industry is moving toward more environmentally friendly materials. This suggests that the future of sustainable packaging solutions looks bright.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of inulin reached USD 1.8 billion in revenue in 2023 and is set to witness 6.2% CAGR from 2024 to 2032, led by growing usage as a natural sugar and fat substitute.

Chicory root inulin segment is poised to witness high demand between 2024 and 2032, owing to its widespread availability, established production infrastructure, and superior market penetration.

U.S. market size was worth USD 608.2 million in 2023, attributed to the presence of well-established industries and a strong focus on innovation and technology.

Some of the leading insulin firms are The Green Labs LLC, NOW Foods, Cargill, Beneo, Jarrow Formulas, Cosucra Groupe Warcoing SA, Sensus B.V., The Tierra Group, Ingredion Incorporated, Novagreen Inc., Groupe Sicad, Cosun Biobased Products, and Qinghai Weide Biotechnology Co., Ltd.