Inulin Industry Analysis in East Asia
Study on Inulin in East Asia by Powder and Liquid for Bifidus Promoting Agents, Fat Alternatives/Replacers, Fiber Enhancers, and Sugar Alternatives from 2024 to 2034
Analysis of Inulin Industry Covering Countries Include Analysis of China, Japan, and South Korea
Inulin Sales Outlook for East Asia (2024 to 2034)
Sales of inulin in East Asia are pegged at US$ 229.8 million for 2024, as per a new study by Fact.MR. Regional demand for inulin is forecasted to accelerate at a CAGR of 7.8% and reach a market valuation of US$ 487.5 million by the end of 2034.
With increasing awareness about health and wellness, more people are adopting functional food products to promote gut health. Inulin is prebiotic and well-known due to its properties. The majority of people consume inulin owing to its potential benefits for digestive health. More consumers in East Asia are inclined to clean-label and natural products than ever before. Inulin is sourced from plants, including chicory root, and fits well into the trend of adopting plant-derived and natural ingredients.
A majority of food and beverage manufacturers are emphasizing the consumption of inulin in several products, including beverages, dairy, and baked goods, to improve their nutritional profile. This rising use in various food applications is predicted to stimulate demand for inulin.
Inulin works efficiently in managing certain health conditions, including diabetes by maintaining blood sugar levels. In addition, it is also used in functional foods to cater to specific dietary requirements, which is becoming popular among health-conscious consumers. Thus, it becomes crucial to acknowledge market dynamics, including shifting consumer preferences, emerging health trends, and awareness about gut health, which are cushioning market growth opportunities.
Report Attributes | Details |
---|---|
Inulin Sales in East Asia (2024E) | US$ 229.8 Million |
Projected Sales (2034F) | US$ 487.5 Million |
Demand Growth (2024 to 2034) | 7.8% CAGR |
Sales in South Korea (2024E) | US$ 36 Million |
Demand Growth in Japan (2024 to 2034) | 7.3% CAGR |
Sales in China (2034F) | US$ 303.5 Million |
Market Share of Conventional Inulin (2024E) | >67% |
Key Companies Profiled | Beneo GmbH; Shandong Baolingbao Biology Co., Ltd.; Cosucra Groupe Warcoing SA; Qinghai Weide Biotechnology Co., Ltd.; Cargill |
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Why is Inulin Demand Rising Swiftly in East Asia?
“Growing Interest in Natural Ingredients as Healthier Food Option”
More consumers from East Asia are becoming mindful about their food consumption practices. They are seeking products that positively contribute to their health. Several natural ingredients, including inulin derived from chicory roots, are accepted as wholesome products. Inulin due to its health benefits, including improved gut health and digestion is becoming popular among more individuals.
A majority of people have a desire to consume food products with transparency in ingredients. They are scrutinizing food products with a well-known ingredient list, including chicory roots that align with the requirements for easily recognizable and clean ingredients. Natural ingredients are generally perceived as safer alternatives to artificial ingredients. Inulin, derived from natural sources, including plants has inherent safety and sustainability. It caters to the increased concerns among more consumers about chemical additives and their environmental impact on food.
In several cultures in East Asia, natural remedies and traditional medicine have been valued for centuries. This inclination to holistic approaches and natural remedies to health is predicted to influence consumer preferences to adopt natural ingredients, including inulin.
Country-wise Insights
What is the Future of Inulin Manufacturers in China?
“Increased Consumption of Natural Food Ingredients”
Attribute | China |
---|---|
Market Value (2024E) | US$ 135.4 Million |
Growth Rate (2024 to 2034) | 8.4% CAGR |
Projected Value (2034F) | US$ 303.5 Million |
Similar to global trends, the majority of Chinese consumers are drawn to plant-derived and natural ingredients. Inulin is extracted from chicory roots and some other similar natural resources. It fits well into the preference for natural and clean-label products.
Health-conscious individuals from China are becoming aware of the benefits of inulin as it is derived from natural sources, including plants, etc. Increasing cases of obesity and diabetes in China are predicted to stimulate the consumption of inulin by promoting weight management and blood sugar levels.
What Makes Japan a Key Market for Suppliers of Inulin?
“Rising Health and Wellness Trends Fueling Demand for Functional Products”
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 58.3 Million |
Growth Rate (2024 to 2034) | 7.3% CAGR |
Projected Value (2034F) | US$ 118 Million |
Similar to several developed nations, more people from Japan are becoming conscious about wellness and health. Inulin owing to its prebiotic properties is becoming popular among consumers looking for functional food and ingredients.
The aging population in Japan is increasing significantly and is experiencing several health challenges. Inulin is well-known due to its health benefits for some conditions that are related to aging, including digestive issues, etc. It can aid in managing conditions, including diabetes that are commonly found among older people.
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Category-wise Insights
Why is Chicory Primarily Used for Inulin Extraction?
“Growing Use of Chicory Roots in Insulin Extraction Due to Cost-effectiveness”
Attribute | Chicory |
---|---|
Segment Value (2024E) | US$ 107.9 Million |
Growth Rate (2024 to 2034) | 8.5% CAGR |
Projected Value (2034F) | US$ 244 Million |
Chicory roots contain comparatively higher concentrations of inulin than other plants, as per the study published by Fact.MR, a market research and competitive intelligence provider. It contains about 15-20% inulin by weight therefore making it a more efficient and valuable source for extraction.
As a hardy perennial plant, chicory is cultivated in different soil conditions and climates. It can be found easily in East Asia providing an accessible and consistent source for inulin extraction. The process used for inulin extraction from chicory roots is comparatively straightforward. It includes washing, grinding, and using hot water for the extraction of inulin. This extraction process yields good-quality and cost-effective inulin.
Competition Landscape
Companies offering inulin are investing to attain several goals, including new product development, ensuring the management of their supply chain, quality control, etc.,
Prominent players operating in the East Asia market are Beneo GmbH, Shandong Baolingbao Biology Co., Ltd., Cosucra Groupe Warcoing SA, Qinghai Weide Biotechnology Co., Ltd., and Cargill.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Segmentation of Inulin Study in East Asia
-
By Form :
- Powder
- Liquid
-
By Source :
- Agave
- Chicory
- Jerusalem Artichoke
- Wheat
-
By Nature :
- Conventional
- Organic
-
By Function :
- Bifidus Promoting Agents
- Fat Alternatives/Replacers
- Fiber Enhancers
- Sugar Alternatives
-
By Application :
- Food & Beverages
- Beverages
- Breakfast Cereals & Cereal Bars
- Dairy Products
- Functional Foods
- Meat Products
- Others
- Nutrition
- Infant Formula
- Clinical Nutrition
- Dietary Supplements & Nutraceuticals
- Pharmaceuticals
- Animal Feed
- Food & Beverages
-
By Distribution Channel :
- Direct Sales
- Indirect Sales
- Franchise Outlets
- Modern Trade Channels
- Online Retailers
- Specialty Stores
- Others
-
By Country :
- China
- Japan
- South Korea
Table of Content
- 1. East Asia Industry - Executive Summary
- 2. East Asia Industry Overview
- 3. Industry Risks and Trends Assessment
- 4. Industry Background and Data Points
- 5. East Asia Industry Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 6. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, By Form
- 6.1. Powder
- 6.2. Liquid
- 7. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Source
- 7.1. Agave
- 7.2. Chicory
- 7.3. Jerusalem Artichoke
- 7.4. Wheat
- 7.5. Others
- 8. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Nature
- 8.1. Organic
- 8.2. Conventional
- 9. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Function
- 9.1. Bifidus Promoting Agents
- 9.2. Fat Alternatives/Replacers
- 9.3. Fiber Enhancers
- 9.4. Sugar Alternatives
- 10. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Sales Channel
- 10.1. Direct Sales
- 10.2. Indirect Sales
- 11. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application
- 11.1. Food & Beverages
- 11.2. Nutrition
- 11.3. Pharmaceuticals
- 11.4. Animal Feed
- 12. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Country
- 12.1. China
- 12.2. Japan
- 12.3. South Korea
- 13. China Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Japan Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. South Korea Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. Industry Structure Analysis
- 17. Competition Analysis
- 17.1. Beneo GmbH
- 17.2. Shandong Baolingbao Biology Co., Ltd.
- 17.3. Cosucra Groupe Warcoing SA
- 17.4. Qinghai Weide Biotechnology Co., Ltd.
- 17.5. Cargill
- 18. Assumptions and Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: East Asia Industry Value (US$ Mn) Analysis, by Form, 2018 to 2023
Table 02: East Asia Industry Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 03: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 04: East Asia Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 05: East Asia Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 06: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 07: East Asia Industry Value (US$ Mn) Analysis, by Nature, 2018 to 2023
Table 08: East Asia Industry Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 09: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 10: East Asia Industry Value (US$ Mn) Analysis, by Function, 2018 to 2023
Table 11: East Asia Industry Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 12: East Asia Industry Value (US$ Mn) Opportunity Function, by Nature, 2024 to 2034
Table 13: East Asia Industry Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 14: East Asia Industry Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 15: East Asia Industry Value (US$ Mn) Opportunity Sales Channel, by Nature, 2024 to 2034
Table 16: East Asia Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 17: East Asia Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: East Asia Industry Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 20: East Asia Industry Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: China Industry Value (US$ Mn) Analysis, by Form, 2018 to 2023
Table 23: China Industry Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 24: China Industry Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 25: China Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 26: China Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 27: China Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 28: China Industry Value (US$ Mn) Analysis, by Nature, 2018 to 2023
Table 29: China Industry Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 30: China Industry Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 31: China Industry Value (US$ Mn) Analysis, by Function, 2018 to 2023
Table 32: China Industry Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 33: China Industry Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 34: China Industry Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 35: China Industry Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 36: China Industry Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 37: China Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 38: China Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 39: China Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 40: Japan Industry Value (US$ Mn) Analysis, by Form, 2018 to 2023
Table 41: Japan Industry Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 42: Japan Industry Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 43: Japan Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 44: Japan Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 45: Japan Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 46: Japan Industry Value (US$ Mn) Analysis, by Nature, 2018 to 2023
Table 47: Japan Industry Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 48: Japan Industry Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 49: Japan Industry Value (US$ Mn) Analysis, by Function, 2018 to 2023
Table 50: Japan Industry Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 51: Japan Industry Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 52: Japan Industry Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 53: Japan Industry Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 54: Japan Industry Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 55: Japan Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 56: Japan Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 57: Japan Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 58: South Korea Industry Value (US$ Mn) Analysis, by Form, 2018 to 2023
Table 59: South Korea Industry Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 60: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 61: South Korea Industry Value (US$ Mn) Analysis, by Source, 2018 to 2023
Table 62: South Korea Industry Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 63: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 64: South Korea Industry Value (US$ Mn) Analysis, by Nature, 2018 to 2023
Table 65: South Korea Industry Value (US$ Mn) Analysis, by Nature, 2024 to 2034
Table 66: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Nature, 2024 to 2034
Table 67: South Korea Industry Value (US$ Mn) Analysis, by Function, 2018 to 2023
Table 68: South Korea Industry Value (US$ Mn) Analysis, by Function, 2024 to 2034
Table 69: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Function, 2024 to 2034
Table 70: South Korea Industry Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 71: South Korea Industry Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 72: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 73: South Korea Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 74: South Korea Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 75: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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Insights on import/export production,
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List Of Figures
Figure 01: East Asia Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 02: East Asia Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: East Asia Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 04: East Asia Industry Incremental $ Opportunity, 2024 to 2034
Figure 05: East Asia Industry Share and BPS Analysis by Form, 2024 & 2034
Figure 06: East Asia Industry Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 07: East Asia Industry Attractiveness Analysis by Form, 2024 to 2034
Figure 08: East Asia Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 09: East Asia Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 10: East Asia Industry Attractiveness Analysis by Source, 2024 to 2034
Figure 11: East Asia Industry Share and BPS Analysis by Nature, 2024 & 2034
Figure 12: East Asia Industry Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 13: East Asia Industry Attractiveness Analysis by Nature, 2024 to 2034
Figure 14: East Asia Industry Share and BPS Analysis by Function, 2024 & 2034
Figure 15: East Asia Industry Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 16: East Asia Industry Attractiveness Analysis by Function, 2024 to 2034
Figure 17: East Asia Industry Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 18: East Asia Industry Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 19: East Asia Industry Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 20: East Asia Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 21: East Asia Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 22: East Asia Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 23: East Asia Industry Share and BPS Analysis by Country, 2024 & 2034
Figure 24: East Asia Industry Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 25: East Asia Industry Attractiveness Analysis by Country, 2024 to 2034
Figure 26: China Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 27: China Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 28: China Industry Value Y-o-Y Growth and Forecast, 2034
Figure 29: China Industry Incremental $ Opportunity, 2024 to 2034
Figure 30: China Industry Share and BPS Analysis by Form, 2024 & 2034
Figure 31: China Industry Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 32: China Industry Attractiveness Analysis by Form, 2024 to 2034
Figure 33: China Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 34: China Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 35: China Industry Attractiveness Analysis by Source, 2024 to 2034
Figure 36: China Industry Share and BPS Analysis by Nature, 2024 & 2034
Figure 37: China Industry Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 38: China Industry Attractiveness Analysis by Nature, 2024 to 2034
Figure 39: China Industry Share and BPS Analysis by Function, 2024 & 2034
Figure 40: China Industry Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 41: China Industry Attractiveness Analysis by Function, 2024 to 2034
Figure 42: China Industry Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 43: China Industry Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 44: China Industry Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 45: China Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 46: China Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 47: China Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 48: Japan Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 49: Japan Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 50: Japan Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 51: Japan Industry Incremental $ Opportunity, 2024 to 2034
Figure 52: Japan Industry Share and BPS Analysis by Form, 2024 & 2034
Figure 53: Japan Industry Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 54: Japan Industry Attractiveness Analysis by Form, 2024 to 2034
Figure 55: Japan Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 56: Japan Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 57: Japan Industry Attractiveness Analysis by Source, 2024 to 2034
Figure 58: Japan Industry Share and BPS Analysis by Nature, 2024 & 2034
Figure 59: Japan Industry Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 60: Japan Industry Attractiveness Analysis by Nature, 2024 to 2034
Figure 61: Japan Industry Share and BPS Analysis by Function, 2024 & 2034
Figure 62: Japan Industry Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 63: Japan Industry Attractiveness Analysis by Function, 2024 to 2034
Figure 64: Japan Industry Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 65: Japan Industry Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 66: Japan Industry Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 67: Japan Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 68: Japan Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 69: Japan Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 70: South Korea Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 71: South Korea Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 72: South Korea Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 73: South Korea Industry Share and BPS Analysis by Form, 2024 & 2034
Figure 74: South Korea Industry Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 75: South Korea Industry Attractiveness Analysis by Form, 2024 to 2034
Figure 76: South Korea Industry Share and BPS Analysis by Source, 2024 & 2034
Figure 77: South Korea Industry Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 78: South Korea Industry Attractiveness Analysis by Source, 2024 to 2034
Figure 79: South Korea Industry Share and BPS Analysis by Nature, 2024 & 2034
Figure 80: South Korea Industry Y-o-Y Growth Projections by Nature, 2024 to 2034
Figure 81: South Korea Industry Attractiveness Analysis by Nature, 2024 to 2034
Figure 82: South Korea Industry Share and BPS Analysis by Function, 2024 & 2034
Figure 83: South Korea Industry Y-o-Y Growth Projections by Function, 2024 to 2034
Figure 84: South Korea Industry Attractiveness Analysis by Function, 2024 to 2034
Figure 85: South Korea Industry Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 86: South Korea Industry Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 87: South Korea Industry Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 88: South Korea Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 89: South Korea Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 90: South Korea Industry Attractiveness Analysis by Application, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the sales value of inulin in East Asia?
Sales of inulin in East Asia are pegged at US$ 229.8 million for 2024.
What is the projected market growth rate through 2034?
The East Asia market is projected to expand at 7.8% CAGR from 2024 to 2034.
What are the forecasted sales of inulin in East Asia by the end of 2034?
Demand for inulin in East Asia is forecasted to reach a market valuation of US$ 487.5 million by 2034-end.
What is the predicted value of the market in Japan for 2034?
The market in Japan is projected to reach US$ 118 million by the end of 2034.
At what CAGR is the demand for inulin projected to increase in China?
Sales of inulin in China are predicted to rise at 8.4% CAGR from 2024 to 2034.
What is the estimated market share of conventional inulin?
Conventional inulin is set to hold more than 67% share of regional market revenue in 2024.
At what rate is the demand for inulin predicted to increase in South Korea?
Demand for inulin in South Korea is projected to increase at 6.2% CAGR from 2024 to 2034.