Australia Prebiotics Market Size & Outlook, 2023-2030
Australia prebiotics market, 2018-2030 (US$M)
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Australia prebiotics market highlights
- The Australia prebiotics market generated a revenue of USD 228.2 million in 2023 and is expected to reach USD 708.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 17.6% from 2024 to 2030.
- In terms of segment, inulin was the largest revenue generating type in 2023.
- Xylo-oligosaccharides is the most lucrative type segment registering the fastest growth during the forecast period.
Prebiotics market data book summary
| Market revenue in 2023 | USD 228.2 million |
| Market revenue in 2030 | USD 708.0 million |
| Growth rate | 17.6% (CAGR from 2023 to 2030) |
| Largest segment | Inulin |
| Fastest growing segment | Xylo-oligosaccharides |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inulin, Fructo-oligosaccharides, Mannan-oligosaccharides, Galacto-oligosaccharides, Xylo-oligosaccharides, Isomalto-oligosaccharides, Resistant Starch, Resistant Maltodextrin, Beta-glucan |
| Key market players worldwide | Abbott Laboratories, Cargill, The Kraft Heinz Co, Cosucra, Roquette America, Yakult Honsha Co Ltd, Lactalis, Consun Pharmaceutical Group Ltd, Bright Food (Group), FrieslandCampina, Suedzucker AG, Jarrow Formulas, Beneo |
Other key industry trends
- In terms of revenue, Australia accounted for 2.7% of the global prebiotics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China prebiotics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 967.1 million by 2030.
Key Regions: Japan , China , India , South Korea , Indonesia
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Prebiotics Market Scope
Prebiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia prebiotics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to prebiotics market will help companies and investors design strategic landscapes.
Inulin was the largest segment with a revenue share of 27.61% in 2023. Horizon Databook has segmented the Australia prebiotics market based on inulin, fructo-oligosaccharides, mannan-oligosaccharides, galacto-oligosaccharides, xylo-oligosaccharides, isomalto-oligosaccharides, resistant starch, resistant maltodextrin, beta-glucan covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is one of the largest dairy exporters around the world. The prebiotics market in this country is driven by search for food-based drug substitutes and combat related lifestyle diseases. Their role in controlling obesity and gut related diseases is expected to boost the demand for prebiotics in this country.
The growing interest in dairy products is expected to boost the demand for prebiotics in this country. The demand is expected to grow in the near future owing to growing consumer awareness and ageing demographics in this country. The Australia’s dairy industry is also maturing and adapting to changes in the global market which is expected to boost the market demand for prebiotics in this country.
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Our clientele includes a mix of prebiotics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia prebiotics market, including forecasts for subscribers. This country databook contains high-level insights into Australia prebiotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia prebiotics market size, by type, 2018-2030 (US$M)
Australia Prebiotics Market Share, 2023 & 2030 (US$M)
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