Inulin is a polysaccharide, a blend of several carbohydrates. Itis normally derived from plant’s roots, for example, chicory and agave. The inulin, when separated from the plant, has a sweet taste. It is a therapeutically significant plant utilized as a healthful enhancement by food just as dietary enhancement industry. Inulin is utilized in investigating kidney capacity and goes about as a dietary fibre.
Market scope and structure analysis:
|Market size available for years||2020–2027|
|Base year considered||2019|
|Forecast units||Value ($US)|
|Segments covered||Type, Application, and Region|
|Regions covered||North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain,and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, Mexico, and Rest of LAMEA)|
|Companies covered||Cargill Incorporated., BENEO-Orafti SA, Steviva Brands, Inc., THE iiDEA COMPANY, CosucraGroupeWarcoing SA, Sensus B.V., Naturel West Corp EU B.V., The Tierra Group, NOW Health Group, Inc., Jarrow Formulas, Inc., The Green Labs LLC, PMV Nutrient Products Pvt. Ltd., TrooFoods Ltd., Nutriagaves de México SA de CV, Natura BioFoods, Nova-BioRubber Green Technologies Inc.|
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COVID-19 Scenario Analysis:
An increase in health and organic food demand is being witnessed in the COVID-19 scenario. These food items or supplements are generally heavy on pockets but people still look forward to buying them. The demand for both online and offline purchasing of these products is on a rise. Various reasons for such an increase include surge in concerns on health awareness and benefits of organic produce, like chemical-free, the presence of antioxidants, and immunity booster.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Growing consciousness toward the antagonistic impacts of inappropriate utilization of sugar has driven customers to effectively look for sugar of two kinds, natural and artificial sweeteners. The use of artificial sugars has strengthened in the past because of several benefits that it provides like it helps in the reduction of weight and diminishing the effects of diabetes. Artificial sugar incorporates man-made synthetic substances that are hurtful to human wellbeing. Whereas, natural sugar has low-calorie content and does not contain harmful substances. Inferable from this, regular sugars, for example, agave syrup, stevia, and, inulin have gained traction. This critical shift in buyer adoption effectively addresses serious issues looked during the use of sugar and artificial sugars. Given that, rise in interest for normal sugars among wellbeing cognizant buyers is probably going to support inulin reception, thus, driving the inulin market in the coming decade.
New product launches to flourish the market
Nowadays, companies are focusing on both organic and inorganic market segment for their growth. For example, BENEO and RaffinerieTirle montoise launched a modernized laboratory in Belgium. They have contributed 5 million Euro’s, to exhibit how significant R&D is to both the accomplices. In April 2016, Shandong Baolingbao Biotechnology Co Ltd. gave new offers to be obtained by three new organization, Zhejiang International Cooperation, Zhejiang, and Hangzhou Educational Counseling Firm.
Surge in usage in automotive and industrial applications
An increase in application scope for the probiotic ingredient market, for the food & beverage industry, is probably going to support inulin market development. Demand for this market segment is probably going to significantly originate from the dairy industry, where it comes in use for plans in cheddar, frozen yogurts, and many others. Developing the significance of low caloric sugar utilization in the food and refreshments industry is additionally prone to drive the inulin market growth globally. Inulin assists with stimulating bacterial development through its non-digestible fiber, which helps in keeping up the human body calorie level.
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Key Segments Covered:
Key Benefits of the Report:
- This study presents the analytical depiction of the inulin industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global inulin market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global inulin market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global inulin market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Inulin Market Research Report:
- What are the leading market players active in the inulin market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
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