The inulin market is estimated to be valued at USD 1.91 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031. Inulin is a type of dietary fiber found in particular plants such as chicory, Jerusalem artichoke, dandelion, yacon, jicama, garlic, and onions. It cannot be broken down by human digestive enzymes and reaches the large intestine where it acts as a prebiotic by selectively promoting the growth of beneficial microorganisms in the gut. Owing to its various health benefits related to blood sugar management, digestive health, heart health, etc., the demand for inulin as a functional food ingredient is growing. It is widely used as a thickening and texturizing agent in bakery goods and dairy products as it helps improve taste, texture, and shelf-life. Increasing consumer awareness about the link between diet and health is propelling the growth of prebiotic ingredients like inulin in functional foods and beverages worldwide.

Market Dynamics:

The global inulin market is driven by the rising demand for plant-based and functional foods owing to health benefits and clean label trends. Factors like growing cases of lifestyle diseases, focus on preventive healthcare, and increasing adoption of probiotic foods are boosting the sales of foods rich in prebiotics. However, high production costs compared to alternatives and lack of knowledge about dosage are restraining the market growth. Opportunities lie in research and innovation to develop innovative inulin-enriched products, expansion into emerging markets, and new applications in pharmaceuticals, cosmetics, etc.

Key Features of the Study:

• This report provides in-depth analysis of the global inulin market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global inulin market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Ingredion Incorporated, Cargill Incorporated, Archer Daniels Midland Company, Tereos S.A. , BENEO , Nexira, COSUCRA , Sensus , NOW Health Group, Inc. , Steviva Brands, Inc. , Naturel West Corp EU B.V. , The Tierra Group , The Green Labs LLC , IntrinsicOrganics , Bioway (Xi'An) Organic Ingredients Co.,Ltd, Ciranda, Inc, Adept Impex Private Limited, Nova Green Inc., and PMV Nutrient Products Pvt Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global inulin market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global inulin market.

Detailed Segmentation-

• By Nature:
  • Organic
  • Coventional
• By Application:
  • Food and Beverage
  • Dietary Supplements
  • Pharmaceuticals
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Ingredion Incorporated
  • Cargill Incorporated
  • Archer Daniels Midland Company
  • Tereos S.A.
  • BENEO
  • Nexira
  • COSUCRA
  • Sensus
  • NOW Health Group, Inc.
  • Steviva Brands, Inc.
  • Naturel West Corp EU B.V.
  • The Tierra Group
  • The Green Labs LLC
  • IntrinsicOrganics
  • Bioway (Xi'An) Organic Ingredients Co.,Ltd
  • Ciranda, Inc
  • Adept Impex Private Limited
  • Nova Green Inc.
  • PMV Nutrient Products Pvt Ltd