Inulin Market : Global Industry Size, Growth, Share, Analysis and Forecast 2022 – Brisk Insights

According to a recently published report, the inulin market is expected to grow at the CAGR of 9.1% during 2015-2022 and it estimated to be $2.37 billion by 2022. The global Inulin market is segmented on the basis of applications and geography. The report on global inulin market forecast 2015-2022 provides detailed overview and predictive analysis of the market.

Global inulin market is predicted to witness growth as a result of increasing ease of incorporation of prebiotic materials in food & beverage industry. Inulin is more and more utilized in dairy product formulations such as spoonable yogurts, cheese and ice-creams. Dairy market growth is predicted to be a key driver for inulin market over the subsequent years. High awareness towards low calorie and sugar reduction as a consequence of rising diabetes occurrence is predicted to play a primary role in using inulin market development over the forecast interval.

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Gaining significance of nutraceuticals due to rising health awareness is anticipated to increase demand for inulin as a functional ingredient. US FDA has declared inulin as a in general well-known as riskless (GRAS) product, which paves approach for its use in pharmaceutical applications. Development in pharmaceutical sector is anticipated to have a positive influence on inulin market over the following few years.

Rising demand for substitute prebiotic materials together with MOS and GOS is anticipated to pose a reputable risk for market progress over the forecast interval. Abundance of chicory roots in Europe is predicted to force producers to establish their manufacturing sites in the area. Nonetheless, developing chicory roots creation in Hebei neighborhood of China is predicted to make sure raw material availability for market in the region.

The major players profiled in the report include Cargill Incorporated, Beneo-Orafti SA,...