Market Size of South America Prebiotic Ingredients Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.40 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Prebiotic Ingredients Market Analysis
The South America prebiotic ingredients market is forecasted to register a CAGR of 7.4%, during the forecast period, 2020 - 2025.
- The market is majorly driven by the increasing consumer awareness regarding preventive healthcare of diseases such as oral health, bacterial vaginosis, and urinary tract, coupled with increasing expenditure on probiotic. Furthermore, the positive impact of enhanced marketing and promotional strategies by the leading players has further propelled the growth of the prebiotic ingredients market in the region.
- In the segmentation font by type, galacto-oligosaccharides (GOS), and fructo-oligosaccharide (FOS) are extensively consumed in the food processing segment, as these are friendly for the digestive system.