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Inulin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 139 pages | ID: IA38E079BF41EN
IMARC Group

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The global inulin market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.72% during 2022-2028.

Inulin is a white, mildly sweet, indigestible carbohydrate commonly found in a wide variety of fruits, vegetables, and herbs, which includes wheat, onions, bananas, leeks, and asparagus. It is rich in fiber and low in calories and slows digestion, increases fullness, and reduces cholesterol absorption. It also aids in promoting digestive health, controlling blood sugar levels, and lowering the risk of colon cancer. As it also assists in stimulating the immune system, decreasing pathogenic bacteria in the intestine, relieving constipation, and minimizing the risk of osteoporosis by enhancing mineral absorption, it is extensively utilized in the manufacturing of confectionery items, milk desserts, baked goods, yogurt, fresh cheese, and chocolates.

Inulin Market Trends:
At present, there is a considerable rise in the utilization of inulin in the production of dairy products across the globe. This can be attributed to the beneficial properties of inulin, which include fat and sugar replacer as well as an emulsifier, thickener, and stabilizer. It also improves the stability of foams and emulsions, such as in aerated drinks, ice creams, table spreads, and sauces. Apart from this, rising concerns about gut health on account of the increasing occurrences of gastrointestinal tract diseases represent another major factor strengthening the growth of the market. Moreover, inulin offers rapid water solubility, low friability, and stability against gastric and intestinal enzymes. As a result, it finds extensive application as a drug delivery agent in the pharmaceutical industry worldwide. Additionally, it is also employed as a coating of tablets, capsules, tablet binder, and a vaccine stabilizer due to its potential to survive acidic environments in the stomach. Furthermore, the growing prevalence of diabetes due to physical inactivity among individuals is positively influencing the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global inulin market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form, nature and application.

Breakup by Type:

Jerusalem Artichoke Inulin
Chicory Inulin
Agave Inulin

Breakup by Form:

Powder
Liquid

Breakup by Nature:

Organic
Conventional

Breakup by Application:

Pharmaceuticals
Dietary Supplements
Food and Beverage
Bakery and Confectionery Products
Cereals
Meat Products
Sports Drinks
Dairy Products
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BENEO GmbH (Sьdzucker AG), Cargill Incorporated, Ciranda Inc., Cosucra Groupe Warcoing SA, Jarrow Formulas Inc., NOW Foods, Nutriagaves Group, PMV Nutrient Products Pvt Ltd., Sensus B.V. (Coцperatie Koninklijke Cosun U.A.), Steviva Brands Inc. and The Tierra Group.

Key Questions Answered in This Report

1. What was the size of the global inulin market in 2022?
2. What is the expected growth rate of the global inulin market during 2023-2028?
3. What has been the impact of COVID-19 on the global inulin market?
4. What are the key factors driving the global inulin market?
5. What is the breakup of the global inulin market based on the type?
6. What is the breakup of the global inulin market based on the form?
7. What is the breakup of the global inulin market based on the nature?
8. What is the breakup of the global inulin market based on the application?
9. What are the key regions in the global inulin market?
10. Who are the key players/companies in the global inulin market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL INULIN MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 Jerusalem Artichoke Inulin
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Chicory Inulin
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Agave Inulin
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY FORM

7.1 Powder
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Liquid
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY NATURE

8.1 Organic
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Conventional
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY APPLICATION

9.1 Pharmaceuticals
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Dietary Supplements
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Food and Beverage
  9.3.1 Market Trends
  9.3.2 Key Segments
    9.3.2.1 Bakery and Confectionery Products
    9.3.2.2 Cereals
    9.3.2.3 Meat Products
    9.3.2.4 Sports Drinks
    9.3.2.5 Dairy Products
    9.3.2.6 Others
  9.3.3 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 BENEO GmbH (Sьdzucker AG)
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
  15.3.2 Cargill Incorporated
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
    15.3.2.3 SWOT Analysis
  15.3.3 Ciranda Inc.
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
  15.3.4 Cosucra Groupe Warcoing SA
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
  15.3.5 Jarrow Formulas Inc.
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 NOW Foods
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
  15.3.7 Nutriagaves Group
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
  15.3.8 PMV Nutrient Products Pvt Ltd.
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
  15.3.9 Sensus B.V. (Coцperatie Koninklijke Cosun U.A.)
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
  15.3.10 Steviva Brands Inc.
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
  15.3.11 The Tierra Group
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Inulin Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Inulin Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Inulin Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 4: Global: Inulin Market Forecast: Breakup by Nature (in Million US$), 2023-2028
Table 5: Global: Inulin Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Inulin Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Inulin Market: Competitive Structure
Table 8: Global: Inulin Market: Key Players

LIST OF FIGURES

Figure 1: Global: Inulin Market: Major Drivers and Challenges
Figure 2: Global: Inulin Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Inulin Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Inulin Market: Breakup by Type (in %), 2022
Figure 5: Global: Inulin Market: Breakup by Form (in %), 2022
Figure 6: Global: Inulin Market: Breakup by Nature (in %), 2022
Figure 7: Global: Inulin Market: Breakup by Application (in %), 2022
Figure 8: Global: Inulin Market: Breakup by Region (in %), 2022
Figure 9: Global: Inulin (Jerusalem Artichoke Inulin) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Inulin (Jerusalem Artichoke Inulin) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Inulin (Chicory Inulin) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Inulin (Chicory Inulin) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Inulin (Agave Inulin) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Inulin (Agave Inulin) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Inulin (Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Inulin (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Inulin (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Inulin (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Inulin (Organic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Inulin (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Inulin (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Inulin (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Inulin (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Inulin (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Inulin (Dietary Supplements) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Inulin (Dietary Supplements) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Inulin (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Inulin (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia-Pacific: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia-Pacific: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: China: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Inulin Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Inulin Market: Breakup by Country (in %), 2022
Figure 77: Middle East and Africa: Inulin Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Global: Inulin Industry: SWOT Analysis
Figure 79: Global: Inulin Industry: Value Chain Analysis
Figure 80: Global: Inulin Industry: Porter's Five Forces Analysis


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