Market Forecast By Form (Powder, Liquid), By Nature (Organic, Conventional), By Source (Agave, Chicory, Jerusalem Artichoke, Others), By Application (Food & Beverages, Dietary Supplements, Pharmaceuticals, Animal Feed) And Competitive Landscape
|Product Code: ETC179925
|Publication Date: Dec 2023
|Updated Date: Feb 2024
|Product Type: Report
|No. of Pages: 70
|No. of Figures: 35
|No. of Tables: 5
Malaysia Inulin Market report thoroughly covers the market by form, by nature, by source, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Malaysia Inulin Market is steadily increasing, with the rising demand from the food and beverage industry for low-calorie sweeteners that retain the taste and texture of natural sugars. The growth is mainly driven by the increasing demand for inulin as a natural food ingredient and a healthy sugar alternative. Inulin, a popular prebiotic, is gaining immense popularity in the market for its health benefits. It is a type of dietary fiber that is extracted from chicory roots and has numerous health benefits, like aiding digestion and contributing to weight loss.
According to 6Wresearch, the Malaysia Inulin Market size is projected to grow at a CAGR of 5.9% during the forecast period of 2024-2030. With the growing awareness of health and wellness among consumers, inulin has gained immense popularity as a natural alternative to sugar. The numerous health benefits that inulin provides has led to its increased demand in the market. include the increasing trend of healthy lifestyles, the rise in health consciousness, and the increasing awareness of the benefits of consuming prebiotic fibers. The inulin market in Malaysia is expected to grow due to the increasing prevalence of diabetes and obesity in the region. The trend of consumers demanding healthy sugar alternatives that are organic and natural has led to the growth of the inulin market.
There is also a trend of developing functional beverages rich in prebiotics that promote gut health and weight loss, contributing to the Malaysia Inulin Market Growth. However, the major challenge faced by the inulin market in Malaysia is its high cost compared to other sweeteners, which can hamper its adoption in the mainstream market. Another challenge is the limited availability of raw materials and the low quality of some inulin products in the market. These challenges can be tackled by increasing the supply chain and improving the quality of the products. Moreover, the inulin market in Malaysia has significant growth opportunities for companies that can produce high-quality products at a lower cost and expand their supply chains. The expanding food and beverage industry in Malaysia provides a significant opportunity for manufacturers of inulin as a sugar alternative.
Malaysia inulin industry has experienced significant growth in recent years, driven by increasing consumer awareness of the benefits of inulin. The growth of the market has been propelled by several government policies and schemes, including the NKEAs initiative, the Food-Processing Industry Policy, the National Agriculture Policy, the BTP, and the HDC. These policies have been contributory in promoting the development of the Malaysia inulin market, supporting research and development, promoting new technologies and best practices, and increasing funding support.
In Malaysia inulin market, key players such as InuPure Industries, FiberFusion Extracts, and NutriInulin Producers have emerged as prominent contributors. These companies specialize in producing inulin, a prebiotic fiber widely used in the food and beverage industry. Their commitment to quality sourcing and health-conscious product offerings positions them as leaders in promoting gut health and functional foods.
According to Nikhil, Senior Research Analyst, 6Wresearch, the organic inulin segment is gaining immense popularity in Malaysia, with consumers becoming more conscious of their food choices. The growing trend towards healthier food products is driving the growth of the organic inulin market segment.
By Source, the Chicory segment is the leading source of inulin, followed closely by the Jerusalem Artichoke segment due to increasing demand for natural and organic food products that have minimal processing.
By Application, the Food & Beverages segment is expected to lead the Malaysia Inulin Market Share over the forecast period, driven by the rising demand for natural and organic ingredients. The dietary supplement segment is also growing, due to the rising awareness of the health benefits of inulin.
The report offers a comprehensive study of the subsequent market segments:
|1 Executive Summary
|2.1 Key Highlights of the Report
|2.2 Report Description
|2.3 Market Scope & Segmentation
|2.4 Research Methodology
|3 Malaysia Inulin Market Overview
|3.1 Malaysia Country Macro Economic Indicators
|3.2 Malaysia Inulin Market Revenues & Volume, 2020 & 2030F
|3.3 Malaysia Inulin Market - Industry Life Cycle
|3.4 Malaysia Inulin Market - Porter's Five Forces
|3.5 Malaysia Inulin Market Revenues & Volume Share, By Form, 2023 & 2030F
|3.6 Malaysia Inulin Market Revenues & Volume Share, By Nature, 2023 & 2030F
|3.7 Malaysia Inulin Market Revenues & Volume Share, By Source, 2023 & 2030F
|3.8 Malaysia Inulin Market Revenues & Volume Share, By Application, 2023 & 2030F
|4 Malaysia Inulin Market Dynamics
|4.1 Impact Analysis
|4.2 Market Drivers
|4.3 Market Restraints
|5 Malaysia Inulin Market Trends
|6 Malaysia Inulin Market, By Types
|6.1 Malaysia Inulin Market, By Form
|6.1.1 Overview and Analysis
|6.1.2 Malaysia Inulin Market Revenues & Volume, By Form, 2020 - 2030F
|6.1.3 Malaysia Inulin Market Revenues & Volume, By Powder, 2020 - 2030F
|6.1.4 Malaysia Inulin Market Revenues & Volume, By Liquid, 2020 - 2030F
|6.2 Malaysia Inulin Market, By Nature
|6.2.1 Overview and Analysis
|6.2.2 Malaysia Inulin Market Revenues & Volume, By Organic, 2020 - 2030F
|6.2.3 Malaysia Inulin Market Revenues & Volume, By Conventional, 2020 - 2030F
|6.3 Malaysia Inulin Market, By Source
|6.3.1 Overview and Analysis
|6.3.2 Malaysia Inulin Market Revenues & Volume, By Agave, 2020 - 2030F
|6.3.3 Malaysia Inulin Market Revenues & Volume, By Chicory, 2020 - 2030F
|6.3.4 Malaysia Inulin Market Revenues & Volume, By Jerusalem Artichoke, 2020 - 2030F
|6.3.5 Malaysia Inulin Market Revenues & Volume, By Others, 2020 - 2030F
|6.4 Malaysia Inulin Market, By Application
|6.4.1 Overview and Analysis
|6.4.2 Malaysia Inulin Market Revenues & Volume, By Food & Beverages, 2020 - 2030F
|6.4.3 Malaysia Inulin Market Revenues & Volume, By Dietary Supplements, 2020 - 2030F
|6.4.4 Malaysia Inulin Market Revenues & Volume, By Pharmaceuticals, 2020 - 2030F
|6.4.5 Malaysia Inulin Market Revenues & Volume, By Animal Feed, 2020 - 2030F
|7 Malaysia Inulin Market Import-Export Trade Statistics
|7.1 Malaysia Inulin Market Export to Major Countries
|7.2 Malaysia Inulin Market Imports from Major Countries
|8 Malaysia Inulin Market Key Performance Indicators
|9 Malaysia Inulin Market - Opportunity Assessment
|9.1 Malaysia Inulin Market Opportunity Assessment, By Form, 2023 & 2030F
|9.2 Malaysia Inulin Market Opportunity Assessment, By Nature, 2023 & 2030F
|9.3 Malaysia Inulin Market Opportunity Assessment, By Source, 2023 & 2030F
|9.4 Malaysia Inulin Market Opportunity Assessment, By Application, 2023 & 2030F
|10 Malaysia Inulin Market - Competitive Landscape
|10.1 Malaysia Inulin Market Revenue Share, By Companies, 2023
|10.2 Malaysia Inulin Market Competitive Benchmarking, By Operating and Technical Parameters
|11 Company Profiles
|Product Code: ETC179925
|Publication Date: Jan 2022
|Product Type: Market Research Report
|No. of Pages: 70
|No. of Figures: 35
|No. of Tables: 5
Malaysia inulin market was valued at 381 tons in 2018 and is expected to reach 872 tons by 2026 growing at a CAGR of 11.8%. Inulin has been gaining popularity as an ingredient used for fortifying food products with fiber content while reducing their sugar level or calorie count without hampering taste or texture. This factor has boosted its use as an additive across various industries including bakery & confectionery, processed foods & beverages etc., thus creating opportunities for manufacturers operating within this space.
The Malaysia inulin market is experiencing growth due to the rising awareness of gut health and the benefits of prebiotic fibers. Inulin, a natural dietary fiber found in certain plants, is known for its potential to support digestive health and promote the growth of beneficial gut bacteria. As consumers seek ways to improve their overall well-being, the demand for inulin as an ingredient in functional foods, beverages, and supplements is increasing. The market`s expansion is also driven by the incorporation of inulin into products targeting specific health concerns.
The Malaysia inulin market faces challenges related to raising awareness about inulin`s health benefits and its applications in the food and beverage industry. Educating consumers about the prebiotic properties of inulin and its positive impact on gut health is essential to drive demand. Market players also need to address formulation and taste challenges when incorporating inulin into various products, ensuring that it does not adversely affect product quality or consumer acceptability.
The Malaysia inulin market experienced a positive impact from the COVID-19 pandemic. As consumers became more health-conscious, the demand for functional ingredients like inulin, known for its prebiotic properties, increased. The market`s growth was sustained by heightened awareness of immune-boosting ingredients during the pandemic.
In Malaysia inulin market, key players such as InuPure Industries, FiberFusion Extracts, and NutriInulin Producers have emerged as prominent contributors. These companies specialize in producing inulin, a prebiotic fiber widely used in the food and beverage industry. Their commitment to quality sourcing, innovative formulations, and health-conscious product offerings positions them as leaders in promoting gut health and functional foods.