Inulin is growing popularity and becoming an important element of people's everyday diets all across the world. The primary reason for this growing popularity is increased consumer knowledge and lifestyle changes, which promote the intake of high fibre foods and prebiotics, and this trend is likely to continue over the projection period. Because of the increased acceptability of such products among the ageing population and the rising occurrences of lifestyle-related illnesses, the worldwide inulin market is expanding rapidly. Nevertheless, demand is increasing or increased consumption of inulin owing to rising consumer awareness is projected to drive market development. Nevertheless, constraints such as the availability of various dietary fibres and prebiotic components, as well as the negative effects of inulin, are projected to limit market expansion.
According to Coherent Market Insights, the global Inulin Market was valued at US$ 1,556.5 Mn in 2021 and is forecast to reach a value of US$ 2,362.1 Mn by 2028 at a CAGR of 6.1% between 2022 and 2028.
Prominent Companies in the Inulin Industry:
1. The Green Labs LLC
The Green Labs manufactures, commercializes and distributes organic, conventional powders, extracts and herbal materials. Founded in 2009, headquartered in New Jersey, U.S.
2. Nova Green Inc.
Nova Green is advance stage food product Development Company produces Healthy functional food with eco-friendly by-products. The company is headquartered in Alberta, Canada. Founded in 2007.
3. The Tierra Group
The company was founded in 2012, headquartered in Colorado, U.S. Tierra Group International serves the mining industry with geotechnical, water resources, and civil engineering consulting, design, and construction management services. They offer practical consulting services as well as creative engineering design skills.
4. The Ingredient House (TIH)
The Ingredient House is a quality-focused supplier of ingredients to the global food and beverage industry. The company was founded in2006. Headquartered in U.S.
5. SENSUS NV
Sensus Healthcare, Inc., a medical device company, manufactures and sells radiation therapy devices to healthcare providers worldwide. Sensus Healthcare, Inc. was incorporated in 2010 and is headquartered in Boca Raton, Florida. In 2020, Sensus announced plans to expand the production of chicory inulin to meet the demand for products boosting immunity and gut health. Sensus’ main motto is to provide consumers with huge amounts of natural ingredients, such as Frutalose and Frutafit chicory root fiber. With the help of these ingredients, healthier foods can be manufactured.
6. Beneo Remy NV
Beneo is a food production company that manufactures sweeteners, pharmaceutical excipients, human nutrition and animal nutrition products. The company was founded in 2007, headquartered in germny. In November 2021, Beneo planned to invest more than € 30m to expand capacity of its prebiotic chicory root fibre production sites, Chile and Belgium. In June 2018, Beneo-Orafti SA, a subsidiary of Südzucker Group, received the FDA approval for two of its dietary fibers, such as Orafti Inulin and Oligofructose.
7. Cargill Inc.
Cargill is an international producer and marketer of food, agricultural, financial, and industrial products, and services. Founded in 1865. The company is headquartered in U.S.
8. Cosucra Groupe Warcoing SA
Cosucra produces natural food ingredients to food manufactures. Headquartered in Warcoing, Hainaut, Belgium and founded in 1852. In March 2019, Cosucra and Mexican FXM Ingredients teamed up to distribute its pea and chicory ingredients in Mexico. Headquartered in Belgium, Cosucra's portfolio includes protein isolate, fiber, and starches from pea and inulin fiber from chicory root. In June 2018, Cosucra announced that its range of inulin-type fructans Fibruline extracted from chicory root received regulatory approval from the U.S. Food and Drug Administration (FDA) for being listed as dietary fibers on the nutrition and supplement facts panel.
9. PMV Nutrient Products Pvt Ltd
PMV Pharmaceuticals, Inc., a precision oncology company, engages in the discovery and development of small molecule and tumor-agnostic therapies for p53 mutations in cancer. PMV Pharmaceuticals, Inc. was incorporated in 2013 and is headquartered in Cranbury, New Jersey.
10. Xirui Bioengineering Company
XIRUI Bioengineering Company is a special and leading company that is dedicated to the developing and producing of the natural soluble dietary fiber inulin and the derivatives located Baiyin Gansu province China. The XIRUI Company uses the most advanced GE nanofilm filtration and separation tech. the company was founded in 2002. Headquartered in China.
*Definition- Inulin is a component of fructans, which are naturally occurring polysaccharides generated by a variety of plants. It is derived from chicory and finds use in food and drinks, medicines, and nutritional supplements.
