Global Prebiotics for Dietary Supplements Market, by Ingredient Type (Galacto-oligosaccharides (GOS), Fructo-oligosaccharides (FOS), Xylooligosaccharides (XOS), Isomaltooligosaccharides (IMO) and Human milk oligosaccharides (HMO)), by Source (Plant (Including Botanicals) and Animal), by Distribution Channel (B2B (Generic) (Broker and Direct (supplier to client)), B2C (Branded) (Pharmacies, Specialty Stores, and Hypermarket and supermarket)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 2,205.9 million in 2022, and is expected to exhibit a CAGR of 10.2% over the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
According to an article published by the Sustainability Science Journal in July 2018, the Middle East and North Africa (MENA) region was facing challenges such as persistent food and nutrition insecurity, increase in incidence of diet-related non-communicable diseases (NCDs), and others. This is expected to be a lucrative growth opportunity for prebiotics for dietary supplements market, as food and nutrition insecurity results in an increased demand for highly nutritious products such as prebiotics and probiotics.
Moreover, people's concern to maintain their gut health to prevent various health disorders is fuelling the prebiotics for dietary supplements market growth. The use of natural ingredients for a healthy and immunity-boosting diet provides growth opportunities for market.
Global Prebiotics for Dietary Supplements Market – Impact of Coronavirus (COVID-19) Pandemic
Lockdown or shutdown was imposed in several countries due to the COVID-19, which had a negative impact on the economy of the private healthcare sector. This lockdown resulted in the closure of industrial establishments, except manufacturing of essential commodities, and disruption in the supply chain of products.
Supply chain and manufacturing activities in North America, Asia Pacific, Europe, and other regions had been disrupted due to the lockdown. Furthermore, healthcare providers were facing challenges in terms of additional manpower, equipment, consumables, and other resources which are required to ensure safety in hospitals and provide treatment to patients with other diseases. This has also impacted the overall healthcare market negatively.
One of the biggest challenges due to the COVID-19 pandemic is supply in prebiotic ingredients to manufacture supplements and other drugs due to irregularities in the transportation system. For instance, Ernst & Young LLP (EY US), an audit firm, conducted a global survey of 200 senior-level supply chain executives in late 2020. The findings of the survey stated that the pandemic had substantial negative effects on trade, finance, health and education systems supply chains.
However, according to a review article published in Trends in Food Science and Technology Journal, February 2021, it was found that dietary microbes, including probiotics or specific prebiotics of Chinese origin, had anti-viral effects against other forms of coronavirus and could positively impact host immune functions during SARS-CoV-2 infection. Numerous studies are looking into how probiotics and prebiotics can help protect against and lessen the risk of SARS-CoV-2 infection in patients, household contacts, and healthcare personnel. Therefore, these factors may drive demand of prebiotic ingredients in the near future.
Browse 40 Market Data Tables and 26 Figures spread through 420 Pages and in-depth TOC on “Prebiotics for Dietary Supplements Market”- Global Forecast to 2030, by Ingredient Type (Galacto-oligosaccharides (GOS), Fructo-oligosaccharides (FOS), Xylooligosaccharides (XOS), Isomaltooligosaccharides (IMO) and Human milk oligosaccharides (HMO)), by Source (Plant (Including Botanicals) and Animal), by Distribution Channel (B2B (Generic) (Broker and Direct (supplier to client)), B2C (Branded) (Pharmacies, Specialty Stores, and Hypermarket and supermarket)) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa),
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Increasing research and development activities for development of novel prebiotic products is expected to drive the market growth and provide opportunity for key players to launch their products in the global market.
For instance, in April 2022, Seed, a microbiome science company, a nutrition company, launched PDS-08 Pediatric Daily Synbiotic, a clinically studied, two-in-one powdered synbiotic formulated for children and adolescents (ages 3 to 17). It contains nine probiotic strains and a fiber-based prebiotic.
Key Takeaways of the Global Prebiotics for Dietary Supplements Market:
- Global prebiotics for dietary supplements market is expected to exhibit a CAGR of 10.2% over the forecast period, owing to increasing adoption of inorganic growth strategies by key players operating in market. For instance, In February 2018, IFF, a food and beverage industry leader, announced a merger of IFF and DuPont's Nutrition & Biosciences (‘N&B’) business through a Reverse Morris Trust transaction. DuPont's N & B division creates healthy and sustainable solutions for the food, beverage, dietary supplement, and pharmaceutical industries.
- Among ingredient type, Fructo-oligosaccharides (FOS) segment accounted for largest market share in 2021, owing to natural availability of Fructooligosaccharides (FOS) in a variety of plants, including artichoke, onion, chicory, garlic, asparagus, and banana. Moreover, FOS is mostly utilized as a low-calorie substitute sweetener.
Key players operating in the global prebiotics for dietary supplements market include Clasado Biosciences, VW-Ingredients, Shandong Longli Biotechnology Co., Ltd, Prenexus Health., Ingredion, Tata Chemicals Ltd., Yakult Honsha Co., Ltd., Tate & Lyle, Roquette Frères, Cosucra, International Flavors & Fragrances Inc., Nestlé S.A., Renew Life, Mimi's Rock Corp, Procter & Gamble, AIDP, Hyperbiotics, Jarrow Formulas, Inc., InnovixLabs, Life Extension, Metabolic Maintenance, Naturesvelvet, and others prominent players.
