Global Inulin Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global inulin market size reached US$ 1.6 Billion in 2022. Looking forward, the market is expected to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.72% during 2022-2028.

Inulin is a white, mildly sweet, indigestible carbohydrate commonly found in a wide variety of fruits, vegetables, and herbs, which includes wheat, onions, bananas, leeks, and asparagus. It is rich in fiber and low in calories and slows digestion, increases fullness, and reduces cholesterol absorption. It also aids in promoting digestive health, controlling blood sugar levels, and lowering the risk of colon cancer. As it also assists in stimulating the immune system, decreasing pathogenic bacteria in the intestine, relieving constipation, and minimizing the risk of osteoporosis by enhancing mineral absorption, it is extensively utilized in the manufacturing of confectionery items, milk desserts, baked goods, yogurt, fresh cheese, and chocolates.

Inulin Market Trends

At present, there is a considerable rise in the utilization of inulin in the production of dairy products across the globe. This can be attributed to the beneficial properties of inulin, which include fat and sugar replacer as well as an emulsifier, thickener, and stabilizer. It also improves the stability of foams and emulsions, such as in aerated drinks, ice creams, table spreads, and sauces. Apart from this, rising concerns about gut health on account of the increasing occurrences of gastrointestinal tract diseases represent another major factor strengthening the growth of the market. Moreover, inulin offers rapid water solubility, low friability, and stability against gastric and intestinal enzymes. As a result, it finds extensive application as a drug delivery agent in the pharmaceutical industry worldwide. Additionally, it is also employed as a coating of tablets, capsules, tablet binder, and a vaccine stabilizer due to its potential to survive acidic environments in the stomach. Furthermore, the growing prevalence of diabetes due to physical inactivity among individuals is positively influencing the market.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global inulin market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type, form, nature and application.

Breakup by Type:

• Jerusalem Artichoke Inulin
• Chicory Inulin
• Agave Inulin

Breakup by Form:

• Powder
• Liquid

Breakup by Nature:

• Organic
• Conventional

Breakup by Application:

• Pharmaceuticals
• Dietary Supplements
• Food and Beverage
• Bakery and Confectionery Products
• Cereals
• Meat Products
• Sports Drinks
• Dairy Products

Breakup by Region:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Latin America
• Brazil
• Mexico
• Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being BENEO GmbH (Südzucker AG), Cargill Incorporated, Ciranda Inc., Cosucra Groupe Warcoing SA, Jarrow Formulas Inc., NOW Foods, Nutriagaves Group, PMV Nutrient Products Pvt Ltd., Sensus B.V. (Coöperatie Koninklijke Cosun U.A.), Steviva Brands Inc. and The Tierra Group.

Key Questions Answered in This Report

1. What was the size of the global inulin market in 2022?
2. What is the expected growth rate of the global inulin market during 2023-2028?
3. What has been the impact of COVID-19 on the global inulin market?
4. What are the key factors driving the global inulin market?
5. What is the breakup of the global inulin market based on the type?
6. What is the breakup of the global inulin market based on the form?
7. What is the breakup of the global inulin market based on the nature?
8. What is the breakup of the global inulin market based on the application?
9. What are the key regions in the global inulin market?
10. Who are the key players/companies in the global inulin market?