As a functional food ingredient, inulin has been widely used in food industry related fields in the international market, such as dietary supplements, functional drinks, dairy products, snack foods, health foods, special medical foods and pet foods.
Data show that the global production and sales of inulin has been growing rapidly since the late 1990s. Before 2009, the global demand for inulin was only about 100,000 tons, and it is expected to reach 600,000 tons in 2022 and 700,000 tons in 2025. In the next few years, the average annual growth of the inulin market size will exceed 9%.
Europe is the first region to develop and apply inulin. As the largest producing area of inulin, the market sales of inulin in 2017 reached 688 million US dollars, and the market sales are expected to reach 1.546 billion US dollars in 2026. Forecast year 2018-2026 The compound growth rate will reach 9.46%.
North America is the second largest inulin application market in the world. In 2017, the sales of inulin was US$463 million, and the market sales are expected to reach US$1.02 billion in 2026. The forecast compound annual growth rate from 2018 to 2026 will reach 9.21%.
According to the forecast of authoritative institutions, in the next ten years, the Asia-Pacific region will be the latecomer and will become the region with the fastest growth in inulin production capacity and sales in the world. Among them, China and Japan will become the largest inulin market in the Asia-Pacific region, with a compound annual growth rate. Will reach 11% -12%.
From a global perspective, according to data from the American consulting firm TRANSPARENCY, the global inulin market is expected to reach a scale of US$3 billion in 2026, with a compound annual growth rate of 7.5%.
Modern scientific research has proved that inulin, as a natural water-soluble dietary fiber and prebiotic, is hardly hydrolyzed and digested by gastric acid, and can directly reach the colon to promote the reproduction of beneficial intestinal flora, so it is widely used in various foods, functional Food, animal feed, animal food and other fields. At the same time, as a new food raw material for sugar and fat replacement, inulin will have a wider range of applications.
With the increasing awareness and consumption of organic food. The global organic food market size was valued at USD 180.1 billion in 2021 and is expected to grow at a CAGR of 15.5% from 2022-2025 to reach USD 320.5 billion by 2025.