Foods & Beverages Market Analysis Inulin Market Size, Share | Industry Report, 2024

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Global Inulin Market Analysis, Size, Share, Growth, Industry Trends and Forecast Report Up To 2024: Hexa Research The global inulin market is expected to be valued at approximately USD 2.4 billion and it is projected to grow at an approximate CAGR of over 10% over the forecast period. Growing dairy industry is expected to remain a key driving factor over the forecast period of 2016 to 2024. It is used as fat replacer and texture enhancer in dairy products. Inulin has a health promoting factors such as low fat, reduced calorie value, prebiotic effect, sugar reduction, and dietary fiber is also anticipated to witness the significant growth of the market over the forecast period. Growing pharmaceutical sector is also expected to increase the demand of inulin. Usage of inulin is safe in the pharmaceutical sector as declared by U.S FDA. The threat of substitutes from the other prebiotic ingredients and development of synbiotics is expected to be the major restraints in the inulin market. Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/