The global inulin market is forecasted to register a CAGR of 6.5%, and reach a value of USD 1.5 billion, by 2023. The gaining popularity of prebiotic ingredients and rising awareness towards low fat and calorie reduction is expected to fuel inulin market demand. Also, U.S. FDA has recognized inulin as generally GRAS product, which is expected to have a positive impact on the market. Demand is majorly from the dairy industry where it is used for formulations in cheese, ice creams, yogurts, and dietary supplements. The growing importance of low caloric sugar in food & beverages industry is likely to drive demand. The market increase faster than the planting over in China and Europe. The global is tight in 2021 before some European manufacturers increase the capacity.
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