To improve the website's functionality, we use cookies, including third-party cookies. Read our Privacy Policy for more information

I Agree

Inulin Market

Inulin Market Analysis, By Source (Agave, Chicory, Jerusalem Artichoke), By Form (Powdered, Liquid), By Nature (Organic, Conventional), By End Use (Clinical Nutrition, Dietary Supplements, Functional Food & Beverages, Others), & Region - Global Market Insights 2023 to 2033

Analysis of Inulin Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Inulin Market Outlook (2023-2033)

The global inulin consumption is forecasted to increase at a healthy 6.1% CAGR from 2023 to 2033. The global inulin market currently accounts for a valuation of US$ 1.45 billion and is thus expected to reach US$ 2.62 billion by the end of 2033.

Documented benefits of inulin to improve digestive and gut health are expected to prominently drive its consumption across the forecast period. Inulin has also been proven to help diabetic people by controlling their glycaemic status and improving their lipid profile. These characteristic benefits of inulin are expected to benefit market development in the long run.

Increasing consumption of functional foods among the general population, rising preference for low-calorie foods, growing use of inulin in pharmaceuticals, high demand for prebiotics, recognition of inulin as a safe product by several regulatory authorities, and growing demand for organic ingredients are other prospects that are anticipated to boost inulin consumption in the near future.

On a regional level, demand for chicory root fiber is anticipated to soar high in North America and Europe across the forecast period owing to changing consumer preferences and growing demand for plant-based and vegan food products. Organic inulin is anticipated to witness a higher demand than conventional inulin owing to increased consumer awareness for organic foods and ingredients across the world.

“Growing Demand for Plant-based & Vegan Products to Provide Attractive Market Opportunities”

Inulin is a completely plant-based and vegan product which makes it highly attractive for vegans and people who prefer plant-based food products. An increasing number of people are consuming plant-based diets and this trend is expected to prominently create a new demand outlook for inulin suppliers across the forecast period. Moreover, the increasing use of organic and plant-based ingredients in pharmaceutical and nutraceutical formulations is also expected to result in an inulin demand hike over the next ten years.

A deep dive into all current and forecasted market trends, opportunities, restraints, and challenges have been discussed in this revised inulin research study by Fact.MR, a market research and competitive intelligence provider.

Report Attributes

Details

Inulin Market Size in 2023

US$ 1.45 Billion

Projected Market Value (2033F)

US$ 2.62 Billion

Global Market Growth Rate (2023-2033)

6.1% CAGR

Chicory Root Segment Market Growth Rate (2023-2033)

6.5% CAGR

United States Market Growth Rate (2023-2033)

6% CAGR

Key Companies Profiled

  • BENEO-Orafti SA
  • TrooFoods Ltd.
  • Steviva Brands Inc.
  • PMV Nutrient Products Pvt. Ltd
  • Sensus B.V.
  • Naturel West Corp EU B.V.
  • The Tierra Group
  • Cosucra Groupe Warcoing SA
  • NOW Health Group Inc.
  • THE IIDEA Company
  • Jarrow Formulas Inc.
  • Natura BioFoods
  • Nova-BioRubber Green Technologies Inc.
  • The Green Labs LLC
  • Nutriagaves de México SA de CV

Don't Need a Global Report?

Save 40% on Country & Region specific reports

Which New Companies Could Alter Future Inulin Demand?

“BetterBrand, Bio&Me, & Velty Redefining Application Scope of Inulin”

New companies are exploring the use of inulin in several products and this trend could prominently boost demand for inulin powder over the coming years. Upcoming inulin start-ups are incorporating inulin into their products to improve their prebiotic and nutritional value.

  • Velty, a new caffeine-free coffee brand is creating new coffee blends with botanical products that promote gut health. Velty’s first uncaffeinated coffee features inulin, lion’s mane, and reishi mushroom, and protein and fiber-rich mesquite powder to provide various health benefits.
  • BetterBrand, a start-up founded in 2019 by Aimee Yang is redefining the food industry with its unique products that have fewer carbohydrates and are high in protein. The products are made with prebiotic inulin fiber, wheat protein isolates, extra virgin olive oil, sea salt, etc. The company aims to promote mental and physical health with its novel products.

Aspiring companies are also focusing on securing new capital to promote the expansion of their business model and compete with the established market players in the global landscape.

  • In November 2022, Bio&Me, a new gut health food company founded in 2019 secured around US$ 1.97 million in investment that the company will use for further expansion of its sales team and new marketing initiatives. The company currently offers porridges and live yogurts containing prebiotic chicory inulin.

Inulin market forecast by Fact.MR

Inulin Market

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

Country-wise Insights

What is the Inulin Demand Outlook for the U.S.?

“Increasing Health & Fitness Awareness Driving Sales of Inulin Products”

Consumers in the United States are becoming increasingly aware of their health and fitness and this trend is projected to primarily influence demand for inulin powder. Moreover, the rising consumption of dietary supplements and nutraceuticals by people in their late 30s and 40s is also anticipated to promulgate demand for inulin fiber over the coming years.

Consumption of inulin in the United States accounted for more than 80% market share in the North American region in 2022.

Increasing incidence of obesity and rising demand for low-calorie products are other factors that are anticipated to shape chicory root fiber demand in the country through 2033. Demand for inulin in the U.S. is anticipated to rise at a CAGR of 6% over the next ten years.

Will Japan Be a Remunerative Market for Inulin Manufacturers?

“High Geriatric Population & Economic Labor Costs to Offer Lucrative Business Scope”

Japan has a high number of aging people and this is a prime factor that is expected to drive demand for inulin prebiotics in the country. Inulin is proven to improve digestive health and help elderly people have a regular bowel movement and this is expected to prominent propel sales of inulin supplements over the coming years. Moreover, low and affordable labor costs in Japan are also expected to attract new investors and inulin manufacturers in the country.

All of the aforementioned factors are anticipated to create investment-worthy opportunities in Japan throughout the forecast period. Shipments of inulin fiber are anticipated to rise at a 5.5% CAGR over the next ten years in Japan.

Which Country is the Most Attractive Market for Inulin in Europe?

“United Kingdom Expected to Lead Inulin Demand in Europe”

The United Kingdom is anticipated to be a prime market for inulin suppliers not only in the European region but across the world and this can be primarily ascribed to favorable regulatory practices to use functional ingredients in foods and beverages.

Moreover, changing consumer preferences, rising demand for healthy ingredients, and growing consumption of dietary supplements by adults are other factors that promote market development across the forecast period. Inulin demand in the United Kingdom is projected to increase at a steady CAGR of 5% over the next ten years.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Category-wise Insights

Where is the Majority of Inulin Sourced From?

“Inulin from Chicory Root Most Sought-after”

Based on source, the market for inulin is segmented into agave, chicory, and Jerusalem artichoke.

A majority of inulin is extracted from chicory root owing to its high availability in powdered as well as liquid form for inulin manufacturers. High availability, easy processing, and rising demand for chicory root inulin are other factors that are expected to drive the extraction of inulin from chicory root throughout the forecast period.

Most chicory root inulin is sourced from Latin America and Europe. Whereas, the majority of chicory root inulin is processed in the Asia Pacific region owing to low labor costs and the rising availability of resources. Chicory root inulin consumption is forecasted to rise at a 6.5% CAGR from 2023 to 2033.

Competitive Landscape

Increasing use of inulin in pharmaceuticals, nutraceuticals, and dietary supplements has resulted in heightened demand for inulin. To meet this increasing demand inulin suppliers are focusing on expanding their production capacity by creating new plants and increasing the capacity of existing plants.

  • In November 2021, Beneo, a renowned food ingredient manufacturer and supplier, announced that it would be investing US$ 31.72 million in the expansion of prebiotic chicory root fiber production plants in Belgium and Chile. The work was expected to begin in early 2022 to increase the capacity by around 40% in both plants.

Inulin providers are also expected to benefit from rising demand for inulin products and increasing use of inulin in several functional foods and beverages.

  • In August 2022, ió fibrewater, a United Kingdom-based prebiotic water brand, announced the launch of its new prebiotic fiber-infused water that promises to deliver 100% of recommended daily prebiotic fiber intake and 20% of recommended daily dietary fiber intake. Water is combined with soluble dietary fiber to create this unique product and takes advantage of chicory root to promote gut health.

Key Segments Covered in Inulin Industry Research

  • By Source :

    • Agave Inulin
    • Chicory Root Inulin
    • Jerusalem Artichoke Inulin
  • By Form :

    • Powdered Inulin
    • Liquid Inulin
  • By Nature :

    • Organic Inulin
    • Conventional Inulin
  • By End Use :

    • Functional Food & Beverages
    • Clinical Nutrition
    • Dietary Supplements
    • Dairy Products
    • Infant Formula
    • Breakfast Cereals & Cereal Bars
    • Meat Products
    • Animal Nutrition
    • Pharmaceuticals
  • By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

- Premium Report Details -

Inulin Market

- Let's Connect -

Talk To an Expert Today Connect

- Get Started -

Get insights that lead to new growth opportunities

Buy Now

Get A Special pricing for start-ups and universities

Enquiry Before Buying

- Humble, Yet Honored -

Our prestigious clients

- Research Methodology -

An Adaptive Approach to Modern-day Research Needs

Get Methodology

- FAQs -

Demand for inulin accounts for a US$ 1.45 billion valuation in 2023.

By 2033-end, consumption of inulin is set to reach a market value of US$ 2.62 billion.

Inulin demand is forecasted to rise at 6.1% CAGR over the next ten years.

North America, Latin America, and Europe are key regional markets for inulin manufacturers.

Sensus B.V., Naturel West Corp EU B.V., The Tierra Group, and Cosucra Groupe Warcoing SA are major inulin suppliers.

Exclusive Report

Need An Exclusive Report For Your Unique Requirement?

Google translate