Inulin Market 2020-2024 Covid 19 Impact on Top countries data, Industry Size, Growth Factors, Top Leaders, Development Strategy, Future Trends, Historical Analysis, Competitive Landscape
Posted on Oct 30 2020 5:23 AM
"COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The Inulin Market is expected to register a CAGR of 6.5%, during 2020-2024."
Global “Inulin Market” Report 2020 - 2024 Provides Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Inulin market players. Also Provides Industry position and viewpoint of main regions based on major key players, country, product types, and end industries Inulin Market reports offer a detailed assessment of the Inulin including enabling technologies, current market situation, market assumptions, restraining factors.
Inulin Market Report Segmented by Regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa, Rest of World (ROW). This XYZ market research report focuses on the Key Manufacturers Profiles in Detail with Granular Analysis of the Market Share, Production Technology, Market Entry Strategies, Revenue Forecasts and Regional Analysis of the Market.
The global inulin market is forecasted to register a CAGR of 6.5%, and reach a value of USD 1.5 billion, by 2023.
The gaining popularity of prebiotic ingredients and rising awareness towards low fat and calorie reduction is expected to fuel inulin market demand during the next five years. Also, U.S. FDA has recognized inulin as generally (recognized as safe) GRAS product, which is expected to have a positive impact on the market. Demand is majorly from the dairy industry where it is used for formulations in cheese, ice creams, and yogurts. The growing importance of low caloric sugar in food & beverages industry is likely to drive demand. Stable inulin market price is expected to aid application development and penetration. The abundance of raw material in the form of chicory root in Europe and China is likely to ensure continuous supply at stable rates and avoid market volatility. The growing infant formula market demand in China and India coupled with capacity expansion by baby food manufacturers, such as Danone and Nestle is expected to positively impact the market.
Rising use of alternative probiotic and prebiotic ingredients, such as GOS and MOS is likely to restraint the growth of the industry. Excessive consumption of inulin is allergenic and discomfort in the digestive system and this negative aspect may restraint its increasing demand in future.
Functional food & beverage was the largest segment and accounted for more than 60% of the total volume in 2017. Food & beverages are likely to dominate during the forecast period owing to increasing functional ingredients demand used for sugar level reduction and enhancing gut health function. Dietary supplement is likely to grow at a steady rate during the forecast period. Inulin helps to stimulate the bacterial growth, which helps in maintaining the calorie level. This factor is expected to promote the usage of inulin in dietary supplement fortification.
Europe inulin market size was estimated to be over 125-kilo tons in 2015 and is expected to witness moderate gains during the forecast period. Europe dominated the market. Europe has favorable regulatory policies for incorporating functional ingredients as well. Sluggish food & beverages industries growth in countries, such as Germany, Spain, and Italy coupled with restriction in inulin production capacity by EU Commission is likely to affect overall profitability in the region. Asia-Pacific is likely to witness highest gains of above 10.2% from 2018 to 2023. Asia-Pacific is the fastest growing region, owing to the growth of end-use industries, such as food & beverages, pharmaceuticals, and dietary supplements. China and India inulin market expected to benefit from government policies favoring FDI. North America is likely to grow at a steady rate owing to food and pharmaceuticals application growth in U.S. South America is likely to witness significant gains due to increasing consumption of dairy products in Brazil.
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Here is the Top-List of Key-players of Inulin Market 2020:-
● Beneo-Orafati SA
● CosucraGroupeWarcoing SA
● Jarrow Formulas
● Sensus B.V
● Shandong Baolingbao Biotechnology Co. Ltd.
● Â The Tierra Group
● Wuxi Cima Science Co. Ltd.
The report focuses on the global market, especially in the United States, Europe, China, Japan, South Korea, North America, and India.
Also, the Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions.
The Global Inulin market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The global Inulin market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Highlighted points of Inulin Market Size:● Covers the varying market dynamics of the industry.
● In-depth analysis of market risks, opportunities, limitations, and growth of the market.
● Includes market driving and restraining factors.
● Participants profiles along with product description, overview, and business data.
● Include details of five years of forecast analysis by types, regions, and applications.
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Key Developments in the Inulin Market:
Reasons to Purchase this Report
● Analyzing outlook of the market with the recent trends and Porters five forces analysis
● Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
● Market segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
● Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
● Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
● Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
● 3-month analyst support, along with the Market Estimate sheet (in excel)
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Finally, the report Global Inulin Market 2020 describes the Inulin industry expansion game plan, the Inulin industry knowledge supply, appendix, analysis findings, and the conclusion.
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