February 11, 2019 by Steve Blade
Fact.MR’s new study on the inulin market has unveiled interesting insights about a rapidly evolving landscape. Recent FDA approval of inulin as a GRAS (Generally Recognized as Safe) product in dietary fiber category and increasing consumption of dietary supplements are expected to bode well for the inulin market in the coming decade. While inulin has been used as an ingredient by manufacturers, its inclusion in the FDA’s new definition of dietary fibers is set to be beneficial not only for inulin producers but for end users who are seeking clean labelled products – these developments are likely to augur well for the inulin market, according to the report.
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Strong Supply Chain to Fill the Gap between Processing Facilities and Feedstock Resource
Latin America and Western Europe supply feedstock for inulin such as agave, chicory and Jerusalem artichoke with the growing demand from the key producers of inulin. However, countries in the Asia Pacific are establishing processing facilities of inulin owing to the advantages such as the abundance of resources and economic labor.
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Alternative Prebiotic Ingredients and Adverse Effects of Excessive Inulin Consumption to Challenge Adoption
Naturally derived ingredients such as mannan oligosaccharides (MOS), fructooligosaccharides (FOS), galactooligosaccharides (GOS), and inulin are highly sought after in the prebiotics market. Increasing use of alternative prebiotic ingredients such as GOS and MOS is expected to outnumber adoption of inulin in the future. On the other hand, inappropriate and excessive consumption of inulin leads to adverse effects such as discomfort in the digestive system and allergic reactions.
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The report further elaborates on the inulin market taxonomy based on the segments like source, form type, nature type, end uses and regions. Based on source type the report delivers accurate values on chicory inulin, agave inulin and Jerusalem Artichoke. The inulin market is further segmented on the basis of form type such as powder and liquid. Based on end use of inulin, market is divided into Clinical Nutrition, Dietary Supplements, Functional Food & Beverages, Dairy Products, Infant Formula, Breakfast Cereals & Cereal Bars, Meat Products, and Animal Nutrition. On the basis of nature, the inulin market is divided into organic inulin and conventional inulin.
From the geographical point of view, the regional analysis of the inulin market has been represented in the following regions –
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Some of the major companies operating in the inulin market are Cargill Incorporated., BENEO-Orafti SA, Steviva Brands, Inc., THE iiDEA COMPANY, Cosucra Groupe Warcoing SA, Sensus B.V., Naturel West Corp EU B.V., The Tierra Group, NOW Health Group, Inc., Jarrow Formulas, Inc., The Green Labs LLC, PMV Nutrient Products Pvt. Ltd., TrooFoods Ltd., Nutriagaves de México SA de CV, Natura BioFoods, Nova-BioRubber Green Technologies Inc. among the other players.
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