Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 562.438300280763 USD Million |
| 2019 | 603.866486824921 USD Million |
| 2020 | 585.816543685466 USD Million |
| 2021 | 621.230965325301 USD Million |
| 2022 | 661.672215697816 USD Million |
| 2023 | 707.195725070477 USD Million |
| 2024 | 758.706643983888 USD Million |
| 2025 | 815.456941704401 USD Million |
| 2026 | 878.509382071768 USD Million |
| 2027 | 947.081199677474 USD Million |
| 2028 | 1014.77659178087 USD Million |
| 2029 | 1086.72420109805 USD Million |
| 2030 | 1165.47669840683 USD Million |
| 2031 | 1251.10441883311 USD Million |
| 2032 | 1340.51523884132 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The UK’s prebiotic market is on the rise, in terms of both industry demand and consumer awareness. The market is expected to continue on a growth trajectory from 2018 to 2032, as more research comes to light regarding the positive impacts of prebiotics for gut health and immunity. This increased demand is propelled further by a growing health and wellness conscious consumer base, who are more likely to reach for fortified food products featuring prebiotic ingredients. The most commonly used prebiotics in the UK food and beverage industry are inulin and fructo-oligosaccharide (FOS). Both are used for their characteristic sweet taste, as well as their ability to support immune function and gut health. These prebiotics are added to a variety of food products, from yogurt to cereals and nutrition bars. As the demand for prebiotic foods in UK continues to grow, manufacturers are increasing their focus on developing more efficient production processes for prebiotics, which could further boost the market potential of prebiotics in coming years. In terms of distribution channels, online retail channels, along with the traditional grocery stores are the primary distributors of prebiotic products in the UK.
This is likely to remain the same in the coming years, with large retailers such as Amazon, Tesco and Sainsbury’s, stocking a range of prebiotic products. It is also expected that niche retailers, health stores and wellness centers will take up more space in the prebiotic market, as the industry continues to grow. Innovation and technology are also driving the growth of the UK prebiotic market. Products containing prebiotic extracts and powders can now be found in a variety of formats, including tablet, capsule and capsule-in-capsule delivery systems. Additionally, advancements in food technology, such as freeze-dried and aseptic prebiotic products have been introduced, use to improve product shelf-life and flavor as well as extending the reach of prebiotics to a much wider range of manufacturers. In conclusion, the UK prebiotic market is poised for growth over the next decade. Advancements in food technology, along with an increased consumer focus on gut health and immunity, have allowed prebiotics to become increasingly popular. This, when combined with manufacturers focusing on developing more efficient production processes for prebiotics and innovating in terms of product formats, suggests that the UK prebiotic market is headed for a bright and successful future.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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