Rising Prevalence of Digestive Disorders to Steer Global Prebiotic Ingredient Market Past US$ 13,763 Million by 2034 | Future Market Insights Inc. [Yahoo! Finance]
Ingredion Incorporated (INGR)
Last ingredion incorporated earnings: 2/11 07:00 am
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Source: Yahoo! Finance
Fueled by a preference for natural products, emphasis on gut health, and innovative sourcing, the trend aligns with rising functional food popularity. NEWARK, Del, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The global prebiotic ingredient market value is estimated to reach US$ 7,215 million in 2024. It will likely register a CAGR of during the assessment period, totaling a valuation of US$ 13,763 million by 2034. Inulin remains the widely used prebiotic ingredient globally, and the trend will likely continue during the next ten years. This is attributable to the increasing usage of inulin in food & beverage products, dietary supplements, medicines, and nutraceuticals due to its potential health benefits. The growing frequency of digestive disorders and diseases such as IBS, constipation, etc., is a prominent factor fueling sales of prebiotic ingredients. Similarly, rising emphasis on improving gut health and incorporation of prebiotic fibers into functional meals to meet consumer demand
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INGR
Earnings
- 2/6/24 - Beat
INGR
Sec Filings
- 5/1/24 - Form 4
- 4/22/24 - Form 4
- 4/17/24 - Form 4
- INGR's page on the SEC website