From GlobeNewswire: 2025-02-19 08:00:00

The global inulin market is projected to reach US$431.2 million in 2024, with a 4.8% CAGR from 2024 to 2034. Inulin appeals to vegans and plant-based enthusiasts, used in confections as a sugar replacement. Sales are expected to rise, driven by the popularity of functional foods and organic ingredients. North America and East Asia lead in market share, with the powdered form of inulin dominating sales.

Key takeaways include a forecast of the global inulin market reaching US$689.2 billion by 2034, with a 4.8% CAGR. The powdered inulin segment is expected to reach US$539 million by 2034. Regional markets like the United States and South Korea are also projected to see growth, with East Asia capturing 21.6% market share in 2024. Revenue from agave inulin is forecasted to reach US$290 million by 2034.

Inulin is increasingly used in healthier confectionery products due to its lower calorie content and sweetness as an alternative to sugar. Functional foods’ rising popularity provides numerous opportunities for inulin usage. Leading players in the global inulin market include BENEO-Orafti SA, Steviva Brands Inc., and NOW Health Group Inc. Manufacturers are expanding production to meet growing demand, incorporating inulin into pharmaceuticals and dietary supplements.

The global whole grain and high-fiber foods market is projected to reach US$85 billion by 2032, with a 6.7% CAGR. The global fiber blends market is set to reach US$435 million by 2033. The global food culture market is forecasted to reach US$75.27 billion by 2034, growing at a 5.6% CAGR. The global cardamom oil market is expected to grow at a 3.8% CAGR, driven by its health benefits and use in various industries.

Fact.MR offers an unbiased analysis of the inulin market, providing insights based on source, form, nature, and end use across seven major regions. With a commitment to accuracy and reliability, Fact.MR empowers businesses with crucial data for informed decision-making. Contact Fact.MR for custom analysis and targeted research solutions to capitalize on emerging opportunities and stay ahead in the competitive landscape.



Read more at GlobeNewswire: Global Inulin Market to Surpass US$ 689.2 Million by 2034,