Inulin Market To Reach USD 2.91 Billion By Year 2032

Inulin Market Size By Nature (Organic, Conventional), Source (Agaveinulin, Chicoryinulin, Jerusalem Artichoke), Form (Powder, Liquid), Application (Food & Beverage, Dietary Supplements, Pharmaceuticals, Animal Feed) and Region, Global Market Analysis and Forecast, 2024-2032

Inulin Market Synopsis

According to a new report published by Introspective Market Research, titled, “Inulin Market by Nature (Organic, Conventional), Source (Agaveinulin, Chicoryinulin, Jerusalem Artichoke), Form (Powder, Liquid), Application (Food & Beverage, Dietary Supplements, Pharmaceuticals, Animal Feed): Global Opportunity Analysis and Industry Forecast, 2024–2032,

The global Inulin Market size was valued at $ 1.72 Billion in 2023 and is projected to reach $ 2.91 Billion by 2032, registering a CAGR of 6.8 % from 2024 to 2032.

Inulin is a type of soluble fiber found in certain plants, especially in the roots or rhizomes of vegetables such as chicory, artichokes, and onions. It is a polysaccharide, which means it is made up of many sugar molecules. Despite being a carbohydrate, inulin is not digested or absorbed in the small intestine like most sugars. Instead, it travels to the large intestine, where it acts as a prebiotic that feeds the beneficial bacteria in the gut. This fermentation process produces short-chain fatty acids that provide a variety of health benefits, including improving digestion, boosting immune function, and possibly even reducing the risk of certain diseases such as colon cancer.

Inulin, a fiber found in chicory root, offers many health benefits, including improving digestion, weight loss, and blood sugar control. As consumers become increasingly health conscious, interest in natural, functional ingredients such as inulin is increasing.

Moreover, the versatility of inulin makes it a desirable ingredient for foods. It can be used as a fat or sugar substitute, prebiotic additive, or texture in many products such as dairy products, bakery products, beverages, and dietary supplements. This adaptability has led to its inclusion in a growing range of foods and beverages.

In addition, demand for inulin has increased due to the spread of health-promoting foods and beverages, as they offer health benefits in addition to basic nutrition. As consumers look for products that support their overall well-being, they have a significant market opportunity for inulin-fortified products.

Prebiotic inulin is becoming increasingly popular with consumers worldwide as people realize the importance of gut health. Prebiotics such as inulin are becoming more common as consumers seek improved digestion, reduced stress response, improved hormonal balance, and reduced cardiovascular disease. As a result, manufacturers are showing interest in using functional ingredients such as inulin to create functional foods, beverages, and health supplements.

Due to the global trend of vegan and plant-based diets, the demand for products that support ethical choices has risen. Inulin, a completely plant-based and vegan product, is at the forefront of this changing trend and has quickly gained popularity among vegans and those looking for plant-based options. As demand for plant-based diets increases, the inulin market now has an attractive opportunity to capitalize on this trend.

Global Inulin Market, Segmentation

The Inulin market is segmented based on the type of Nature, Source, Form, Application, and region.

Application:

By Application, the Food & Beverage, segment is anticipated to dominate the Market Over the Forecast period.

The inulin market is dominated by the food and beverage segment, which shows the significant influence and importance of this sector in the food industry. Further diversification of the segment into several categories, including dairy, bakery and confectionery, meat products, and beverages, is driving the widespread use of inulin. The versatility of inulin is one of the main factors influencing its use in the food and beverage industry. Because of its many uses in the food industry, inulin is a highly sought-after ingredient. It is used in many foods as a texture enhancer, prebiotic, or as a functional ingredient instead of sugar.

The demand for inulin in the bakery and confectionery market is growing. Inulin perfectly complements the consumer trend towards healthier bakery and confectionery products. To meet the changing preferences of today's consumers, manufacturers can produce sweets and pastries that are not only delicious but also healthy. The fact that inulin occurs naturally in several plant foods, including chicory, artichokes, asparagus, leeks, onions, and garlic, underscores its suitability for the human diet. It has been a staple of the human diet since prehistoric times, and some early humans ate significantly higher amounts than modern diets.

Market Segmentation      

By Type

  • Organic
  • Conventional

By Source

  • Agaveinulin
  • Chicoryinulin
  • Jerusalem Artichoke

By Form

  • Powder
  • Liquid

By Application

  • Food & Beverage
  • Dietary Supplements
  • Pharmaceuticals
  • Animal Feed

Region:

Europe is Expected to Dominate the Market Over the Forecast Period.

Growing demand for fortified foods containing prebiotic ingredients such as inulin is one of the main drivers behind Europe's dominance. Consumer demand for healthier food options has significantly increased the pace of this trend.

The abundance of raw materials available in Europe is particularly advantageous, as chicory root is the main source of inulin. Due to the growing production of root chicory in Europe, the inulin market in the region is expected to grow significantly. This supply of raw materials feeds Europe's thriving inulin production sector. In addition, European consumers are increasingly aware of the many benefits of inulin to promote gut health.

This increased awareness along with favorable regulatory policies regarding the use of functional ingredients in food and beverage manufacturing is expected to increase the demand for inulin-based products in the European market. The widespread use of inulin as a healthy alternative to fat and sugar in the food and beverage industry is one of the main factors driving the inulin market in Europe. It should be noted that there is increased demand in the UK for foods with added prebiotic ingredients such as inulin.

Sales of bakery, dairy, and meat products have increased over time across the country in line with consumer preferences for healthier options. According to Agriculture and Agri-Food Canada, the United Kingdom became the second-largest bakery market in the world in 2020, worth $2.9 billion. A significant number of new bakery products were also launched in the UK, highlighting the country's market expansion potential.

Some of The Leading/Active Market Players Are-

  • Sensus NV (US)
  • Ciranda Inc.  (US)
  • The Green Labs LLC (US)
  • The Ingredient House (TIH) (US)
  • Archer Daniels Midland Company (US)
  • Jarrow Formulas Inc. (US)
  • NOW Foods (US)
  • The Tierra Group (US)
  • Nutriagaves Group (US)
  • Steviva Brands Inc (US) and Other Active Players

Key Industry Developments

In March 2022, Sensus, a Dutch co-op member, announced plans to expand the production of chicory root fiber (inulin) to meet the rising demand for natural prebiotics in plant-based foods and supplements. This strategic move underscores Sensus' commitment to providing high-quality, sustainable ingredients that support health and wellness trends. The expansion will enhance their capacity to deliver inulin, promoting digestive health and contributing to the growing market for natural, plant-based solutions.

Key Findings of the Study 

  • The food and beverage segment dominates the inulin market, particularly in categories such as dairy, bakery and confectionery, meat products, and beverages.
  • Europe is expected to dominate the market due to increasing demand for fortified foods containing prebiotic ingredients, an abundance of raw materials such as chicory root, and increasing consumer awareness of the benefits of inulin.
  • Prebiotic inulin is gaining popularity worldwide for its gut health benefits, such as improved digestion, reduced stress response, improved hormonal balance, and reduced risk of cardiovascular disease. Manufacturers are increasingly using inulin in functional foods, beverages, and health supplements.
Posted by  Samadhan Gaikwad
Retina Graphics

Dedicated and insightful Market Research Analyst with a year of comprehensive experience across diverse sectors such as Healthcare, Food and Beverages, Animal Science, Agricultural industry, Electronics and Semiconductors, Chemicals, Services, and Automotive industries. Successfully managed over 30 projects employing rigorous research methodologies. Proficient in creating compelling business proposals, case studies, and business models for client-sponsored studies. Proven expertise in identifying market gaps and opportunities for global corporations. Skillful at data-driven interpretation, utilizing analytical tools including SWOT, PESTEL, PORTER's Five Forces, Ecosystem, and consumer analytics. Known for delivering results and offering strategic recommendations to drive business success.