Middle East And Africa Prebiotic Ingredients Market

Middle East and Africa Prebiotic Ingredients Market Growth and Forecast (2023 - 2028):

The Middle East and Africa Prebiotic Ingredients market was worth USD 350 million in 2022 and estimated to be growing at a CAGR of 11.1%, to reach USD 590 million by 2028. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the pharmaceutical industry.

Market Overview:

Prebiotics are the ingredients used in food & beverage applications because of their functional properties. They are highly used in food & beverages & to impart nutritional value to many food items. With the development of food technology, the need of prebiotic ingredients has increased significantly in the past decade.

Drivers and Restraints:

The major factors propelling the market are increasing awareness regarding obesity is resulting in sugar free or reduced fat products. This is estimated to propel prebiotics ingredients market demand. Consumers mainly prefer dairy products as the best source of prebiotics and rising investment and developments in dairy industry is triggering the growth of prebiotic ingredient market.

Middle East and Africa Prebiotic Ingredients Market Segmentation Analysis:

The Middle East and Africa Prebiotic Ingredients market is segmented on the basis of Type into Oligosaccharides, Inulin, and Polydextrose. Based on Application, the market is segmented as Food & Beverages, Dietary Supplements, and Animal Feed. Further, on the basis of Source, the market is segmented into Roots, Grains, and Vegetables.

Region Analysis:

On the basis of geography, the Middle East and Africa market is analysed under the regions namely Middle East and Africa. These countries are emerging economies and are thus expected to show substantial growth in the market.

Key Players in the Market:

Some of the major companies dominating the market, by their products are GEA Group, The Krones Group, SPX Corporation, Tetra Laval, Alfa Laval, IMA Group, IDMC Limited, A&B Process Systems, Feldmeir Equipment, Inc., and Scherjon Equipment Holland B.V.