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Agave Inulin Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: April 2023 || SKU: FB6388
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Agave Inulin Market Overview

The global agave inulin market reached USDmillion in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2030. The market is growing at a CAGR of 4.2% during the forecast period (2023-2030) . Agave inulin is a fructo-oligosaccarid and water-soluble dieter fiber which is extracted from the agave plant.

Prebiotic dietary fiber in the algae inulin helps to enhance mineral absorption and promotes the growth of healthy gut micro flora. Agave inulin is 100% water soluble and it is easily blend in dry and wet formulas. Agave inulin is available in different grades such as food grade, medical grade, industrial grade. It is used in the various confectionary food atoms such as milk desserts, baked goods, fresh cheese, yoghurt, and chocolates. Increase in the availability of agave inulin products in the market helps to boost market growth in the forecast period. Also, increase in the research and developments on agave inulin further helps to boost market growth. 

Agave Inulin Market Scope and Summary

Metrics

Details

CAGR

4.2%

Size Available for Years

2021-2030

Forecast Period

2023-2030

Data Availability

Value (US$) 

Segments Covered

Form, Nature, Application and Region

Regions Covered

North America, Europe, Asia-Pacific, South America and Middle East & Africa

Fastest Growing Region

North America

Largest Region

Asia-Pacific

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights.

 

Agave Inulin Market Dynamics and Trends

 

Rising consumers awareness of health benefits of agave inulin helps to boost market growth

Agave inulin is an effective blood stabilizer and a healthy replacement for trans-fat items. Hence it is perfectly suitable for the diabetic people.Regular consumption of the agave Inulin helps to solve cholesterol problems. It also helps to decrease the number of fat cells in the blood and reduces the risk of developing cholesterol problems. It helps to increae production of the enzymes which plays major role in the break down of the fat cells and also helps to improve the short-chain fatty acids and also reducing the secretion of liver enzymes which are the main sources of fats in the body. It also plays major role in the decreasing triglyceride that in turn reduces cholesterol and gives protection against colon cancer. Regular consumption of the agave inulin is good for the healthy person which helps in avoiding health problems and keep person healthy. These health benefits awareness of the agave inulin helps to boost market growth.

 

High cost of the product hampers market growth

High cost of the agave inulin is due to the reduction in global agave production and high demand for the products. Fluctuations in the raw material prices also owing to the increasing prices. Now a days, demand of the agave inulin is increased due to the icreasing consumers health benefits awareness of the products. As demand of the products increasing price of the products increasing. Also, increase the price of processing also responsible for the increase product price.

Agave Inulin Market Segment Analysis

The global agave inulin market is segmented based on form, nature, application and region.

Increase in the consumers demand for the organic products

Organic inulin is derived from agave is available from sensus. Without change in the taste and texture of the food product it gives good options to the consumers. Increase in the consumers demand for the organic Agave inulin supplements helps to boost segment growth in the forecast period. Organic food products are free from the chemicals due to this increasing consumers demand for the organic products in the forecast period. Consumers in the developing countries are looking for the natural food products and they become more aware about their eating habits. Major key players of the agave inulin launching more products in the market that helps to boost segment growth in the forecast period.

Source: DataM Intelligence Analysis (2023)

Agave Inulin Market Geographical Penetration

The strong presence of major players in Asia Pacific and increased awareness about the use of eco-friendly products

The growing demand in developing countries, especially in Asia-Pacific, creates opportunities for manufacturers to expand their operations in these regions. The region has many manufacturers and suppliers, and its strong economic growth has increased industrial production, boosting demand. Increase in the government initiatives for the production of agave inulin helps to boost regional growth in the forecast period. In food and beverage industry, bread and confectionary has significant demend for the agave inulin due to the advantages of its better digestion qualities. The major developing countries like India and China have increased demand of agave inulin. Dairy food products such as cheese, milk, and ice creams are frequently made with agave inulin. Also, increase in the awareness of low calorie and sugar reduction as it is good for the diabetes prevalence. Increase the demand of agave inulin as a alternative to sugar and to reduce body weight helps to boost regional growth in the forecast period.  

Source: DataM Intelligence Analysis (2023)

Agave Inulin Companies and Competitive Landscape

The major global players in the market include Natural West Corporation, Maretai Organics, The Tierra Group, Nutra Food Ingredients, LOC Industries, Pure Brands, Xian Sost Biotech Co, Ltd., Beneo, 21 Mision Organics and Ciranda.

Key Developments

  • On June 13, 2016, the Sensus launched organic inulin sourced from agave.It is marketed under company’s Frutafit line which working with the U.S. Department of Agriculture organic standards. The new launched product offering organic product to increase dietary fiber without adversely affecting taste or texture.It helps to improve texture and reduce calories in many applications.It also acts as fat replacements.It is good for the digestive health.
  • On November 09, 2009, VivAgave Inulin launched organic, kosher and low glycemic inulin to aid digestion. It is made from the organic blue agave plant. VivAgave(R) inulin has various health advantages and it has good impact on blood sugar. It also helps to increase calcium and magnesium absorption which is good for the blood, muscle and nerve functions.It is available in the powder form. It is available in the original and vanilla varieties. It is beneficial for the digestive bacteria in the body.
  • On February 03, 2020, GoBiotics launched oral prebiotic in the market. The company represents the new research about PreBiulin FOS and preBiulin AGA which helps to support skin microbiota and remain stable with surfactants. PreBiulin AGA is a combination of high molecular weight chicory and agave inulin.It has dual action such as hydrating and undoing the damaging effects of preservatives.

Why Purchase the Report?

  • To visualize the global agave inulin- market segmentation based on form, nature, application and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of agave inulin market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.

The global agave inulin market report would provide approximately 61 tables, 58 figures and 195 Pages.

Target Audience 2023

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies

Related Report

  • Global Agave Syrup Market Market
  • Global Agave Nectar Market
  • Global Blue Agave Market
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FAQ’s

  • Plant-based Pet Food Market is expected to grow at a CAGR of 4.2% during the forecasting period 2023-2030.

  • The major global players in the market include Natural West Corporation, Maretai Organics, The Tierra Group, Nutra Food Ingredients, LOC Industries, Pure Brands, Xian Sost Biotech Co, Ltd., Beneo, 21 Mision Organics and Ciranda.