Market Overview:
The global artichoke inulin market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and functional food products, rising awareness about the health benefits of artichoke inulin, and growing applications of artichoke inulin in various end-use industries. Based on type, the global artichoke inulin market is segmented into food grade, pharmaceutical grade, and others. Food grade accounted for a major share of the global market in 2017 owing to its widespread use as an ingredientin various food products. Pharmaceutical grade is projectedto bethe fastest-growing segment duringthe forecast period due to its increasing usein nutraceuticals and dietary supplements.
Product Definition:
Artichoke inulin is a natural carbohydrate found in the artichoke plant. It is used as a food additive to improve texture, flavor, and stability. Inulin also has prebiotic properties that can promote the growth of healthy bacteria in the gut.
Food Grade:
Food grade is the highest quality available in the market. It has been used by food and beverage manufacturers as a fat substitute or alternative to oils in various products such as baked goods, frozen dairy desserts, margarine, salad dressings and mayonnaise. Food grade Inulin is widely used by companies that produce yogurt and ice cream owing to its ability to prevent bacterial growth resulting in improved stability of these products for longer periods.
Pharmaceutical Grade:
Pharmaceutical grade is used to produce various food & beverage products such as dietary supplements, sugar-free foods, and pharmaceuticals. The global pharmaceutical grade inulin market size was valued at USD 78.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period on account of increasing demand for nutraceuticals along with growing awareness regarding diabetic diet substitutes across the globe.
Application Insights:
Artichoke inulin finds application in food & beverage, pharmaceutical, dietary supplements and other applications such as bakery & confectionery and ice cream. The others segment includes personal care products, dairy products and animal feed among others. Food grade artichoke inulin is expected to dominate the global market owing to increasing demand for functional foods with health benefits. In addition, growing awareness about weight management coupled with a sedentary lifestyle has created a huge potential for the product over the past few years.
The emergence of U.S., China and India as manufacturing hubs for several consumer goods including food additives is anticipated to fuel industry expansion over the forecast period from 2018 to 2030 due largely to increased consumption of frozen convenience foods across these countries which will eventually drive growth further still (Ref) ¢â‚¬Å“Dietary Supplements Manufacturers Association (DSMA).
Regional Analysis:
Europe accounted for the largest share of over 35.0% in 2017 owing to the high demand from countries, such as France, Italy, and Spain. The region is expected to maintain its dominance throughout the forecast period due to increasing health concerns among consumers coupled with rising awareness about nutritional products in Europe.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to changing consumer lifestyle and increasing disposable income levels in emerging economies including China and India.
Growth Factors:
- Increasing demand for healthy and natural food products
- Rising awareness about the health benefits of Artichoke Inulin
- Growing popularity of functional foods and dietary supplements
- Proliferation of new product launches containing Artichoke Inulin
- Expansion in distribution channels for Artichoke Inulin
Scope Of The Report
Report Attributes
Report Details
Report Title
Artichoke Inulin Market Research Report
By Type
Food Grade, Pharmaceutical Grade, Others
By Application
Food & Beverage, Dietary Supplement, Pharmaceutical, Others
By Companies
Beneo, Xylem Inc, Cosucra, Xirui, Violf, Inuling, Qinghai Weide, Fuji Nihon Seito Corporation, The Tierra Group, Gansu Likang, Beneo, Novagreen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Artichoke Inulin Market Report Segments:
The global Artichoke Inulin market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Dietary Supplement, Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Beneo
- Xylem Inc
- Cosucra
- Xirui
- Violf
- Inuling
- Qinghai Weide
- Fuji Nihon Seito Corporation
- The Tierra Group
- Gansu Likang
- Beneo
- Novagreen
Highlights of The Artichoke Inulin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Pharmaceutical Grade
- Others
- By Application:
- Food & Beverage
- Dietary Supplement
- Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artichoke Inulin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artichoke Inulin is a type of fiber that is derived from the artichoke. It has been shown to help with weight loss and improve blood sugar levels.
Some of the major companies in the artichoke inulin market are Beneo, Xylem Inc, Cosucra, Xirui, Violf, Inuling, Qinghai Weide, Fuji Nihon Seito Corporation, The Tierra Group, Gansu Likang, Beneo, Novagreen.
The artichoke inulin market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artichoke Inulin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artichoke Inulin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artichoke Inulin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artichoke Inulin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artichoke Inulin Market Size & Forecast, 2018-2028
4.5.1 Artichoke Inulin Market Size and Y-o-Y Growth
4.5.2 Artichoke Inulin Market Absolute $ Opportunity
Chapter 5 Global Artichoke Inulin Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Artichoke Inulin Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharmaceutical Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Artichoke Inulin Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Artichoke Inulin Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Dietary Supplement
6.2.3 Pharmaceutical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artichoke Inulin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artichoke Inulin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Artichoke Inulin Analysis and Forecast
9.1 Introduction
9.2 North America Artichoke Inulin Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Artichoke Inulin Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharmaceutical Grade
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Artichoke Inulin Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Dietary Supplement
9.10.3 Pharmaceutical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Artichoke Inulin Analysis and Forecast
10.1 Introduction
10.2 Europe Artichoke Inulin Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Artichoke Inulin Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharmaceutical Grade
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Artichoke Inulin Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Dietary Supplement
10.10.3 Pharmaceutical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Artichoke Inulin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Artichoke Inulin Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Artichoke Inulin Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharmaceutical Grade
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Artichoke Inulin Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Dietary Supplement
11.10.3 Pharmaceutical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Artichoke Inulin Analysis and Forecast
12.1 Introduction
12.2 Latin America Artichoke Inulin Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Artichoke Inulin Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharmaceutical Grade
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Artichoke Inulin Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Dietary Supplement
12.10.3 Pharmaceutical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Artichoke Inulin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Artichoke Inulin Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Artichoke Inulin Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharmaceutical Grade
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Artichoke Inulin Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Dietary Supplement
13.10.3 Pharmaceutical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artichoke Inulin Market: Competitive Dashboard
14.2 Global Artichoke Inulin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beneo
14.3.2 Xylem Inc
14.3.3 Cosucra
14.3.4 Xirui
14.3.5 Violf
14.3.6 Inuling
14.3.7 Qinghai Weide
14.3.8 Fuji Nihon Seito Corporation
14.3.9 The Tierra Group
14.3.10 Gansu Likang
14.3.11 Beneo
14.3.12 Novagreen
