What is Chicory Root Inulin Market?
Chicory root inulin is a soluble fiber which is naturally grown in the chicory plant, inulin is the dietary fiber which is obtained from these plant having a substantial body for supporting human health. The chicory root inulin is used in processed foods, dairy products, pharmaceutical products, and nutritional supplements. It helps in reducing the fat, and calories while giving taste and texture to the product. It has several health benefits such as helping in controlling diabetes, improving digestive health, and weight loss.
The market study is being classified, by Application (Baked Goods, Dairy Products, Beverages, Pharmaceuticals, Dietary Supplements and Others) and major geographies with country level break-up.
Cargill, Incorporated (United States), Cosucra Groupe Warcoing SA (Belgium), BENEO GmbH (Germany), Jarrow Formulas, Inc. (United States), Tierra Group (United States), Cooperatie Koninklijke Cosun UA (Netherlands), Fenchem Biotek Ltd. (China) and Sciphar Natural Products Co., Ltd. (China) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Chicory Root Inulin market by Type, Application and Region.
On the basis of geography, the market of Chicory Root Inulin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Weight Loss and Health Concern is Increasing the Demand for Chicory
- Demand for Inulin Containing Pharmaceutical Products
- Emerging Use of Prebiotic Chicory Root Inulin in Dietary Supplements
- Side Effects Associated with Consumption of Excessive Chicory Root Inulin Products
- Growing Awareness about the Consumption of Nutritional Supplements will Boost the Chicory Root Inulin Market
- Regulatory Guidelines and Standards on Chicory Root Inulin Products
Market Leaders and some development strategies
On 17th June 2020, Beneo has introduced two new ingredients: Orafti organic chicory root fiber and Remyline O AX DR organic waxy rice starch. The Orafti organic chicory root fiber, which will be available in September, is grown and harvested by organic farmers in Belgium. Inulin and oligofructose in chicory root fiber are plant-based prebiotic fiber, according to the International Scientific Association for Probiotics and Prebiotics.
On 3rd March 2020, BENEO, one of the leading manufacturers of functional ingredients, has announced a significant expansion for its chicory root production facility in Chile by 2022, which is being funded by an investment of more than 50 million Euro. The news comes following rising demand for BENEO’s chicory root fibers, inulin, and oligofructose, as consumer interest in digestive health continues to grow. Worldwide consumers are paying more attention to their digestive health and are gaining further understanding of the intrinsic link between the gut microbiome and its beneficial effect on overall well-being.
Key Target AudienceChicory Root Inulin Producers, Chicory Root Inulin International Traders, Chicory Root Inulin Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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