The Global Insulin Market is anticipated to gain traction due to growing demand for insulin in residential and industrial sectors with the proportional increasing urbanization. Inulin is a soluble fiber found in a wide variety of fruits, vegetables, and herbs such as wheat, onions, bananas, leeks, artichokes, and asparagus. Inulin is used for high blood fats, including cholesterol and triglycerides as it reduces the ability of the body to produce certain fats. It is also used for weight loss, constipation, and as a food additive to improve taste. Inulin has the ability to support the growth of a special kind of bacteria associated with improving bowel function and general health.
The increasing geriatric population and rising health concerns drive the growth of the global Inulin market. There has been increasing awareness among consumers regarding the consumption of Inulin for efficient functioning of bodily functions, which supplement the growth of the market. Increasing consumption of dietary supplements, and growing demand for functional food across the world also accelerate the Inulin market growth. Other factors driving the market include improving lifestyles, and increasing disposable income, especially in the emerging economies of Asia-Pacific. Growing demand from emerging economies, increasing consumer awareness, rising use of Inulin in dietary supplements, and increasing concerns regarding preventive healthcare are factors expected to provide numerous growth opportunities for Inulin market in the coming years.
The global Inulin s market is segmented on the basis of application, distribution channel, and geography.
By Distribution Channel
Geographically, the global Inulin market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
On the basis of geography, Europe is expected to dominate the global Inulin market in 2017. The rising geriatric population in the region, and high disposable income drive the Inulin market growth in Europe. The increasing demand of health products in the region along with increasing awareness regarding benefits of Inulin further supports Inulin market growth. The increasing use of inulin in pharmaceuticals along with presence of numerous local players catering to the growing consumer needs has increased the adoption of Inulin in the region.
Key players in the global Inulin market are: