Global Inulin Market - Growth, Trends and Forecasts (2017 - 2022)

  • ID: 4402701
  • Report
  • Region: Global
  • 100 pages
  • Mordor Intelligence
1 of 4
The global Inulin Market was worth USD XX million as of 2016. It is expected to grow at a CAGR of 8.5%.


The gaining popularity of prebiotic ingredients and rising awareness towards low fat and calorie reduction is expected to fuel inulin market demand over 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.

Market Segmentation

Food & beverage was the largest segment and accounted for more than 65% of the total volume in 2016. Food & beverages are likely to dominate over 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 over 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 Leading at the Regional Front
Europe inulin market size was estimated to be over 125-kilo tons in 2015 and is expected to witness moderate gains over 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% from 2016 to 2023. Asia Pacific 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.

Competitive Landscape

Nestle and Danone, the baby food manufacturers, have announced an increase in production capacity in India and China, which is expected to have a positive influence on the demand of inulin. The Indian government had announced subsidy to chicory farming in India at the state level. This initiative is likely to boost chicory roots production in India and ensure stable raw material supply in the region.

The major players in global inulin market include Cargill Incorporated, Beneo-Orafti SA, CosucraGroupeWarcoing SA, Jarrow Formulas, Shandong Baolingbao Biotechnology Co. Ltd, SensusB.V, Fenchem, Inc, The Tierra Group, Ciranda, Inc, Wuxi Cima Science Co. Ltd Innovation and R&D are the key winning strategy of the market.

Our report on global Inulin market covers the following:

Market, Trends & Dynamics
Latest News & Developments
Porter’s five forces analysis
Investment Scope
Deep-dive insights
Note: Product cover images may vary from those shown
2 of 4
1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definitions

2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation

3. Market Overview

4. Market Dynamics
4.1 Drivers
4.1.1 Growing Usage of Prebiotic Ingredients in Food & Beverage Industry
4.1.2 Growing Nutraceuticals Market
4.2 Restraints
4.2.1 Development of Synbiotics and Rising Use of Alternative Probiotic and Prebiotic Ingredients
4.3 Opportunities
4.3.1 Increasing Usage of Inulin In Animal Feed
4.3.2 Application in Pharmaceutical Industry
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition

5. Market Segmentation
5.1 By Application
5.1.1 Food and Beverage Bakery and Confectionary Dairy Product Meat Products Sports Drink
5.1.2 Pharmaceuticals
5.1.3 Dietary Supplements
5.2 By Geography
5.2.1 North America United States Canada Mexico Others
5.2.2 Europe Spain UK France Germany Others
5.2.3 Asia-Pacific China India Japan Australia Others
5.2.4 South America Brazil Argentina Others
5.2.5 Africa South Africa Others

6. Competitive Landscape
6.1 Strategy Adopted by Key players
6.2 Most Active Companies in The Past Five Years
6.3 Market Share Analysis

7. List of Company Profiles
7.1 Cargill
7.2 Beneo-Orafati SA
7.3 CosucraGroupeWarcoing SA
7.4 Jarrow Formulas
7.5 Shandong Baolingbao Biotechnology Co. Ltd
7.6 Sensus B.V
7.7 Fenchem, Inc
7.8 The Tierra Group
7.9 Ciranda, Inc
7.10 Wuxi Cima Science Co. Ltd
7.11 Adept Impex Private Limited
7.12 PMV Nutrient Products Pvt. Ltd.
7.13 DingxiLonghai Dairy Co., Ltd
7.14 The Green Labs LLC

8. Appendix
8.1 Disclaimer
Note: Product cover images may vary from those shown
3 of 4


4 of 4
  • Cape Oil & Margarine
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown