An overview of the Inulin market

Discover the complex environment of the " Inulin Market " with a cutting-edge market research report from a top global research company. This extensive research presents a plethora of facts and visually appealing representations that take the reader on an engrossing journey through regional and worldwide marketplaces. Examine market goals in great detail and learn about important companies, market dynamics, and new tactics. Crafted with the skill of an experienced narrative writer, this report documents the history and present situation of the market while providing stakeholders with crucial information to facilitate well-informed decision-making.

The Inulin Market's Scope

Explore the complexities of market dynamics as this study reveals the growth tactics and trade secrets of rivals. By acting as a conduit for information, it reveals the needs and values of domestic and global markets, offering a comprehensive picture of the competitive environment. The study creates a clear image of marketing strategies, goods, contracts, and client experiences through segmentation variables. Explore the enticing qualities of PESTLE and the perceptive perspectives of Porter's analysis as they guide stakeholders through the Inulin market.

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Inulin Market valuation:

Inulin Market size is valued at US$ 1.77 Billion in 2022 and is forecasted to grow at a CAGR of 6.7 % from 2023 to 2029, reaching nearly US$ 2.8 Billion

Segmentation of the Inulin Market:

By Application, the inulin market is segmented by application into food and beverage, dietary supplements and pharmaceuticals. The food and beverage segment is forecasted to lead the market. Increasing demand for functional foods and beverages, high in dietary fibre and prebiotics is a major parameterdriving the inulin marketgrowth. Inulin is a common ingredient in dietary supplements such as probiotics, weight loss supplements and gut health supplements.Inulin is used in the pharmaceuticals sector with application in laxatives, anti-diabetic drugs and cholesterol-lowering drugs.

By Grade,the inulin market is segmented by grade into Food grade, Pharmaceutical grade and Industrial grade. The food-grade inulin segment is forecasted to lead the market with a share of over 60% during the forecast period. The leading segment is fostered by the increasing demand for inulin in food and beverage productslike bakery and confectionery, dairy products, meat products and beverages. In the pharmaceutical sector, Inulin is consumed for improving gut health, reducing the risk of obesity and lowering blood sugar levels.

By Form, the inulin market is segmented aspowder and liquid. The powder form of inulin is the leading segment with a market share of over 65% due to the ease of use and storage of powder inulin. Powder inulin is easily added to food and beverages and it is also a popular ingredient in dietary supplements. The liquid form of inulin is the second largest segment and is often used in food and beverage applications where a clear or liquid texture is desired.

By Source, the inulin market is segmented as agave, chicory and jerusalem artichoke. The chicory root inulin segment is forecasted to lead the market due to the high availability of chicory root inulin in powdered and liquid form as well for inulin manufacturers.Agave inulin is a good source of dietary fibre and prebiotics.The Jerusalem artichoke inulin segment is growing due to the increasing demand for Jerusalem artichoke-based products such as chips and crisps.

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Major Companies in the Market for Inulin:

Europe:
1. Beneo GmbH
2. Cosucra Groupe Warcoing SA
3. Sensus BV
4. Orafti (Ingredion Incorporated)
5. Jarrow Formulas, Inc.
6. Tierra Group

North America:
7. Cargill, Incorporated
8. NOW Health Group, Inc.
9. The Green Labs LLC
10. Ciranda, Inc.

Asia Pacific:
11. Shandong Baolingbao Biology Co., Ltd.
12. Qinghai Weide Biotechnology Co., Ltd.
13. Zhejiang Huakang Pharmaceutical Co., Ltd.
14. Anhui Elite Industrial Co., Ltd.
15. Shandong Tianmei BioTech Co., Ltd.
16. Shandong Bailong Chuangyuan Bio-Tech Co., Ltd.

Latin America:
17. Naturex (Givaudan)
18. Nova Fibra
19. Acofarma
20. Nutriagaves de México, S.A. de C.V.
21. Baolingbao Biology Co., Ltd.
22. Mand'Or

Middle East and Africa:
23. Hainan Yuwang Industrial Co., Ltd.
24. NuStrength
25. Tereos Group
26. Dicentra
27. Agro Fair Europe B.V.

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Regional Analysis:

According to the paper, there is a treasure map that leads entrepreneurs to highly sought-after business areas as the world market soars. Specific regional studies are provided, providing one-of-a-kind insights into market values, opportunities, targets, and Latin America, the Middle East, Asia Pacific, and Europe.

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