Hexa Research
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The market is segmented on the basis of the type such as liquid and powder form. Powder based inulin are very easily soluble and dispersible in water whereas liquid based inulin shares these qualities and expands the potential application palette. Inulin exhibits the superior characteristics such as slows digestion, increases fullness and removes cholesterol as it passes through the digestive tract.
Inulin is a type of carbohydrate called as oligosaccharides which are used in food manufacturing and home cooking to improves the taste, texture, moisture level and health benefits. Compared to sugar it is ten times less the sugar taste.
Europe is dominating the growth of inulin market. In 2013, it had an overall share of over 50 % of global volume. Government regulation regarding food ingredients in Europe is expected to spur the growth of the market over the next eight years.
Asia-Pacific is expected to witness high significant growth at an approximate CAGR of over 15 % over the forecast period. Growing dairy industries in Asia Pacific countries such as China, India, and Japan is expected to increase the demand in this region over the forecast period. Beverage and food industry market growth in Brazil and Saudi Arabia is anticipated to play a vital role in fueling the growth of the market over the forecast period.
Key industry players in China are expected to establish their production sites owing to abundance availability of raw materials in this region. Some of the major players operating in the market include Cargill, Jarrow Formulas, Cosucra, Sensus, and Beneo-Orafti.
Industry participants are investing heavily in R & D to develop the advanced innovative inulin products. This investment is expected to drive the healthcare and food & beverage industries for the next eight years.
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