June 1/Deerfield, Ill./Prepared Foods -- Global Industry Analysts Inc. (GIA) forecasts the U.S. market for prebiotics will reach $225.1 million by 2015, while European sales are expected to hit $1.17 billion by that time. The GIA’s “European & U.S. Report on Prebiotics” finds the European market is “driven by the expansion of prebiotic ingredient manufacturers into new application areas such as meat and snack products,” while the U.S. market is driven by “continued demand for fructans...the largest product segment in the U.S. prebiotic market.”
Market research firm Frost & Sullivan largely concurs with the GIA report, noting strong growth for prebiotics in the U.S. for the near future, predicting the market for the ingredients will double over the next five years, to exceed $220 million. Although this is sizeable growth, the total sum is still well shy of other areas of the world. In comparison, Frost & Sullivan’s report “European Human Food and Beverage Prebiotics Market” found Europe’s prebiotic market valued at 295.5 million euros (US $415 million) in 2008, with predictions of just under 767 million euros (US $1.08 billion) by 2015.