Home > Food & Beverages > Nutraceuticals > Prebiotics Market
Prebiotics Market Size
- Report ID: GMI410
- Published Date: Jul 2024
- Report Format: PDF
Prebiotics Market Size
Prebiotics Market size was valued at USD 6.76 billion in 2023 and is projected to grow at over 12.8% CAGR from 2024 to 2032, driven by innovations in formulations that enhance efficacy and versatility in various products, meeting rising consumer demand for functional foods. These formulations cater to health-conscious individuals seeking digestive health benefits, driving market growth. The emphasis on natural and effective ingredients further fuels this trend, positioning prebiotics as integral components in diets aimed at improving overall well-being.
For instance, in June 2024, All-In Nutritionals introduced Gut Revival, a new high-demand prebiotic supplement in powder form aimed at supporting gut microbiome health by promoting the growth of beneficial bacteria.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Prebiotics Market Size in 2023: | USD 6.76 Billion |
| Forecast Period: | 2024-2032 |
| Forecast Period 2024-2032 CAGR: | 12.8% |
| 2032 Value Projection: | USD 19.94 Billion |
| Historical Data for: | 2021-2023 |
| No. of Pages: | 225 |
| Tables, Charts & Figures: | 246 |
| Segments covered: | Type, Source, Functionality, Application, and Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Advancements in food technology have enabled the seamless integration of prebiotics into a variety of food and beverage products, meeting consumer demand for functional foods that promote digestive health. Also, heightened health and wellness trends emphasize preventive healthcare and natural dietary choices, prompting increased consumption of prebiotics. These factors collectively drive the growth of the prebiotics industry by offering innovative, health-enhancing products that cater to evolving consumer preferences.
For instance, in June 2022, FrieslandCampina Ingredients introduced Biotis GOS-OP High Purity, a new prebiotic fiber under its Biotis brand, aimed at advancing innovation in the expanding gut health supplements sector.
Though prebiotics offer promising health benefits, their market growth faces challenges like the high cost of production and stringent regulatory hurdles. Companies are addressing these barriers through technological advancements in extraction processes and proactive engagement with regulatory bodies to streamline approval processes. These efforts aim to ensure sustainable production and compliance, fostering a conducive environment for innovation and market expansion in the health and wellness sector.
Frequently Asked Questions (FAQ) :
Prebiotics Market Scope
